Rich Dad, Poor Dad
What the Rich Teach Their Kids about Money — That the Poor and Middle Class Do Not!by Robert T. Kiyosaki, 1997
Good stewardship of money requires a working knowledge of how to most effectively use it. Unfortunately, most people know little more about money than how little they make compared to how much things cost. For this reason, it is of the utmost importance that Christians learn the basic principles of how money operates. It is by misusing money that people are led into the conditions of the heart that the Bible warns us against. On the other hand, by using money properly, we can exercise the charity and generosity that ultimately bring thanksgiving and glory to God.
While this book is not written as a
Christian book, the author is a Christian and the careful reader cannot help but see Biblical truths in evidence throughout the writing. With careful study, the reader can learn to stop serving money and to get money to start serving them (in turn giving them the opportunity to use it in service to the Kingdom of God).
- Rich Dad, Poor Dad — A quick thumbnail sketch of the two dads that reveals big differences in the ways that the rich and the poor think
- Lesson One — The Rich Don’t Work for Money — The importance of learning how to make money work for you
- Lesson Two — Why Teach Financial Literacy? — The importance of knowing the difference between assets and liabilities, and buying assets; An introduction to the cash flow patterns of the poor, middle class, and rich
- Lesson Three — Mind Your Own Business — Start buying real assets instead of liabilities; a dollar in the asset column becomes your employee
- Lesson Four — The History of Taxes and the Power of Corporations — How corporations protect people from excessive taxation
- Lesson Five — The Rich Invent Money — Money is not real; The better you train your mind in financial intelligence, the more readily you will recognize opportunities to create wealth
- Lesson Six — Work to Learn — Don’t Work for Money — Broaden your knowledge base and you improve your financial intelligence and your opportunities
- Overcoming Obstacles — Common problems that hinder the progress of many people and how to overcome them: fear, cynicism, laziness, bad habits, arrogance
- Getting Started — Find a strong reason or purpose for succeeding; Make a quality decision to succeed; Associate with people who will reinforce rather than undermine your decision; Learn quickly; Discipline yourself to build assets; Pay well for good advice; Get something for nothing; Stay focused; Find role models; Teach what you have learned
- Still Want More? Here Are Some To Do’s — A list of specific actions that will improve financial intelligence and opportunities
- How to Pay for a Child’s College Education for Only $7,000 — A concrete example of financial intelligence in action