Thoughts Are Things!
I want to start our book review series off with one book I think has impacted me the most in the last 20 years of my life. “Rich Dad Poor Dad,” by Robert T. Kiyosaki with Sharon L Lechter. This book was written in 1997 and was discredited by most of the financial community, because it said your house is not an asset it is a liability. Well I think after the financial crisis of 2008 and the housing bubble you would think this book had it right. This book is about your thoughts, specifically the way you think about money.
Throughout the book you are shown the opposite thinking from the Rich Dad and the Poor Dad mentality. This really hit home for me! I grew up lower middle class and I was only taught one thing work and save money. There was no more to the lesson. I was taught what my parents were taught WORK – SPEND – SAVE. I knew nothing else, but it was this book that really showed me there is a different way of thinking about things.
There are many lessons throughout the book I encourage you to buy a copy and then follow along as we discuss each lesson here. Remember what you think about and focus on becomes your reality!
There is an updated 20th anniversary edition that has a study guide at the end of each chapter. This is the copy I would buy if you have not read this book before.
“For by your words you will be acquitted, and by your words you will be condemned.”