Personal Finance
Rich Dad, Poor Dad, Bankrupt Dad
By Agedashi23cents  •  August 17, 2016
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."
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By Agedashi23cents
In my line of work as an accounts and audit person, it was said that "Not documented means no work done!' Therefore this blog was created to document the mistakes and learning in my journey towards the path of financial freedom through aggressive savings and investments in forex and equities. Being a complete novice in these areas, any criticism or guidance is most welcomed. One of the best ways to keep yourself accountable is to announce to others what you plan to do -- so publicly announcing that i am going to do these challenges is a great first step.
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