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BOOK REVIEW: Rich Dad Poor Dad By Robert Kiyosaki


Overview:

First thing I'll say is that this book is extremely cheap! The low price makes me happy because it's difficult telling people about a great resource that costs a fortune. Robert Kiyosaki wrote this book quite a while ago, and then updated it in the last couple of years. The book is an excellent read for people wondering what they should do with their lives, as well as how to pick and choose your mentors. Let's look at some of my favorite points of the book!


Point #1

There are so many ways to be successful in life. While telling his story, Robert explains how people view success very differently. Some see an education as success, some see a family as success, some see an extremely luxurious lifestyle as success. First thing you need to do is find what you think success is to you. If you broadly say "I want to be successful" you won't know when you've actually made it. Not setting parameters on your success can cause you to not take steps towards it out of simply not having a so called "finish line."


Point #2

Simply because someone has a good job, and a fancy degree from a great school, doesn't mean their lives are perfect. In my personal experience from my family putting a big emphasis on school, success and education don't necessarily go hand in hand. Now I loved college and I'm no going to bash on it. I learned a lot and had a great time and it lead me to my current career. While it worked for me, college does not work for many people. I recently read a statistic that 3 out of every 4 college grads work in a field different from their degree (https://www.ngpf.org/blog/question-of-the-day/qod-what-percent-of-college-graduates-end-up-working-in-the-field-of-their-major/ )

Now this source I'm using surveyed only a thousand college students, but the majority of information I found said that less than half of students use their college degree in their careers. This is extremely important to understand if you are in college or thinking about going to college and unsure of what degree you want to pursue. Robert makes a point in this book that schooling can be good or bad depending on the person. His personal experience is very interesting and is the first time I had thought about life in this way.


Point #3

The last point I found while reading this book is that you may want a life that others don't want for you. The older I get and the more I dive into financial education, I'm realizing that many people don't want me to succeed in this field simply because of negative experiences they have had, or doubts they see in this type of life. Robert dealt with this with his father which he explains in the book. His birth father was an excellent doctor. Well educated, and successful in his field. Now other aspects of his life did not have success, such as his financial life. All of these things opened Robert's eyes to the understanding of how success in life can come in many different forms.


Conclusion:

This book is full of information and I have let people borrow it many times. In fact I have no idea where my last copy went but I will be ordering a new one soon! I love this book and it is one of the first books that got me looking into the world of finance. I know a lot of people have read this book and enjoy it so the proof is in the reviews for sure. Wrapping all of this up, remember that you will make the decisions that lead you to success or failure, No one can make those decisions and no one should be setting your views on success for you! If you want to live a simple life and that will make you happy, then that is excellent. No one should make you feel bad about your view on success. Anyone looking for a little boost of inspiration or simply a good read about how to make life choices should read this book! Use my link if you'd like as that helps out the blog a little bit! Thanks everyone who read to this point and I hope you enjoyed!


-Spence



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