Rich Dad, Poor Dad, Bankrupt Dad
I came across an old article from a few years back. 2012 to be exact. The article was titled "Rich Dad Poor Dad is now a bankrupt dad". My thoughts were that it's a very ridiculous statement considering how famous and wealthy he probably is. I later found out that it was actually a media company Robert Kiyosaki had used for promotion of his books and convention being sued for bankruptcy due to them not being able to pay off their debts.
The book Rich dad, poor dad is definitely one of the earliest book i read that opened my mind about assets and liabilities. What we think of to be an asset could actually be a liability!
Here are some thoughts i lifted from the website;
My Poor Dad Said |
My Rich Dad Said |
"My house is an asset." |
"My house is a liability." |
...