“Rich dad poor dad” by Robert Kiyosaki is one of my favorite books written on financial literacy.

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Robert wrote about how rich don’t work for money and poor only works for money. Assets and liabilities are explained well in this book.

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Though this book has many examples of real estate business experienced by author, this book is useful to understand the financial literacy.

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I especially liked chapter six of this book. 'Work for learn and not for money ‘says Robert in this book.

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Poor Dad :- the love of money is the root of all evil.  Rich Dad :- the lack of money is root of all evil.

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CHAPTER 1

 Rich Dad says:-  There is a difference between being poor and being broke. Broke is temporary, Poor is eternal. I don't work for money , Money works for me.

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If you'll leave your whole life playing it safe , doing the right things , saving yourself for some event that never happens. Then you'll die a very boring old man. Deep down you terrified of taking risk.

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Rat race :- the pattern of get up, go to work, pay bills ,go to work pay bills you'll controlled by two emotions : Fear & Greed.

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CHAPTER -2

It's all about cash flows pattern of poor people and Rich people.

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 It's all about cash flows pattern of poor people and Rich people. Rich people buys assets the poor and middle class buys liabilities that they think are assets.

Poor people cash flows.  Middle classs people cash flows. & Rich people cash flows.

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Remember No book is more worthy than your dream. So buy it and read it if you like it.

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