Book: Rich Dad Poor Dad

Title: Rich Dad Poor Dad
Author: Robert T. Kiyosaki

Robert tells his story of how it was like growing up with two fathers, his biological father (Poor Dad) and his best friend's father (Rich Dad). Poor dad teaches the same things as most parents do - "Work hard, get good results, get a good job", while Rich dad tells him to "not work for money, let money work for you". Torn between the advice of both adults, Robert tries to look deeper into what both are teaching him, the main ideas and logic behind them, and finally finds an answer of his own.

The book places a strong emphasis on the need for everyone to be 'Financially Literate', that is, to understand how to manage your wealth and finances such that you keep yourself in a decent level of financial security. The cncepts in the book are easy to grasp, and are definiely easy to follow, as long as you learn the difference between 'asset' and 'liability' as covered in the book.

This book would serve you well if you are looking for advice on how to improve your financial standing, especially if you find yourself barly coping with your finances. Also, Robert introduces his educaitonal board game, 'Cashflow 101', and explains how it has helped a number of people understand the tips behind building a strong financial foundation for the later part of your life.

However, this is not a get-quick-rich book that teaches you 101 ways to get a million dollars in the fastest possible means. This book is about improving your concepts about finance, about managing your wealth so that your assets can one day grow by itself without you having to worry - the stage which many people term as 'financial fredom'.

You woulnd not require a strong background knowledge in any topic as the book is written in a way such that there are almost no technical terms - and if so, are explained clearly. A short and simple book for almost anyone to read. Defintitely worth your time.