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Book Review Pro | Karen Pool
Book Review Pro | Karen Pool
Author : Robert T. Kiyosaki
Genre : Nonfiction, Self-Help
I liked this book so much that I bought his game, Cashflow, to play with our teenage kids. Then I passed it on to a good friend. The main reason people struggle financially is because they have spent years in school but learned nothing about money. The result is that people learn to work for money . . . but never learn to have money work for them. This book explores the myth that you need to earn a high income to become rich. It teaches you what to teach your kids about money for their future financial success.
“Many of today’s youth have credit cards before they leave high school, yet they have never had a course in money or how to invest it, let alone understand how compound interest works on credit cards. Simply put, without financial literacy and the knowledge of how money works, they are not prepared to face the world that awaits them, a world in which spending is emphasized over savings.
Most people never study money. They go to work, get a paycheck, balance their checkbooks, and that’s it. On top of that, they wonder why they have money problems. Then, they think that more money will solve the problem. Few realize that it’s the lack of financial education that is the problem.”
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