Rich Dad Poor Dad

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Buy this Book: Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not!

Review:  
"Don't work for money.. Make money work for you.."
Book talks about investing money rather than spending money.
Improves the Asset side of your balance sheet and money generated from asset will take care of the Liabilities.
House is not asset it's a liability.
Better you learn concept of investment at early age. 


Learning: 

A must read book for someone looking to grow wealth at higher rate over long term. As book have talked about use of money for early stage of life. Spending on home, car or bike is creating more of liabilities, which will create pain as to suffice all the liabilities from the single source of money is your regular income. But if you prefer to go for investment in real estate or equity market or bonds and debentures, these all will become asset and create money for you and hence will support your expense.
As in early stage of life we deal less of responsibility and more of freedom investment over expense is wise decision. Which will support in later stage of life.
As Money works for you these Asset (Invested Money) will grow wealth at higher rate then a single source of income can do.


Money mantra :


Income - Investment / Saving = Expenditure

Buy this Book: Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not!

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