Rich Dad, Poor Dad by Robert T. Kiyosaki

Review

inspiring and motivating book with recognizable comparisons between the usual “safe” career life and a life spent building assets and avoiding liabilities.

quotes

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Rule #1: You must know the difference between an asset and a liability, and buy assets.

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An asset puts money in my pocket. A liability takes money out of my pocket.

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Money is one form of power. But what is more powerful is financial education. Money comes and goes, but if you have the education about how money works, you gain power over it and can begin building wealth.

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Rich people acquire assets. The poor and middle class acquire liabilities that they think are assets.