Every person on the earth learn basic of schooling and professional courses but they seldom have knowledge of financial aspects. This is one of the biggest weakness every individual who comes from a non-financial background. One has to have knowledge of handling money. People earn money but do not know how to handle it, grow it by investing it.
But, here is an answer to it. You can learn this skill by reading one of the best selling books of all time on personal finance. This is none other than "Rich Dad Poor Dad" by Robert Kiyosaki, an American businessman who wished to be a millionaire from his childhood days. Read his story and lessons on finance which ultimately help us to save and invest money in a great way!
Summary of Book
Summary of Book
- Focus and increase the assets (investment in shares, real estate, bonds, passive income)
- Avoid the liabilities (unnecessary stuff, luxuries expenses, etc.)
- First, invest and then spend it.
- Learn more and read more. Invest in ourself.
- Save the money which is equal to earn money
- Make money work for you by investing it in different ways.
- Avoid rate race. Do something different than others.