ASSETS

Understanding Net Worth

Understanding Net Worth

It has been seven years since I was introduced to Robert Kiyosaki’s “Rich Dad, Poor Dad”. The central theme of this book preaches accumulating assets, while decreasing liabilities. He illustrates this by explaining the upbringing he experienced with both his rich dad and his poor dad. The rich dad teaches him to work on acquiring investments while the poor dad believes education and getting a good job is key to being successful. The book does a great job of shifting the relationship and mindset in accordance with money and the accumulation of it.