Helping teenagers learn good financial habits, this book from the Rich Dad Poor Dad series has been written with the aim of helping the readers learn more about the art of money management and its related aspects at a younger age.
Summary of the Book
Rich Dad, Poor Dad For Teens: The Secrets About Money - That You Don't Learn In School is a book that is dedicated solely to help youngsters gain a better understanding about money management. This book is greatly beneficial as it helps young people in understanding the value of money, as well as how proper management of finances can go a long way in helping to improve the overall standard of life. Why is it important to avoid credit cards which are so common in society today? What is compound interest? Why is it important to save and invest money in a proper manner? This book is an eye opener to many, as it will help them realize that what children are learning or not learning about money and investment at an early age will impact them not just financially, but emotionally and spiritually as well. Additionally, it is imperative to build a solid financial foundation in children at a young age.
Based on the personal experience of the author himself, this book will inspire youngsters to learn the art of money management. By giving specific examples and stories on how to apply his theory, the author helps the readers understand his thinking process with greater simplicity and clarity. The book continues to stress on the fact that financial intelligence will truly help youngsters achieve true success in life. This book has helped many youngsters invest their money wisely and reap the benefits later on in their life.
The tile of the book, Rich Dad, Poor Dad For Teens: The Secrets About Money - That You Don't Learn In School, is based on the fact that the author grew up with two different dads. While the poor dad was his own father, the rich dad was the father of a friend he grew up with. The philosophy of the poor dad was that school was a medium to gain a job, while according to the rich dad, school was a medium to gain knowledge so that you could open your own company. By using theoretical examples, the author mainly focuses on topics like basic concepts behind financial statements, ideas for teens to earn money through their own endeavors and ways in which parents, teachers and mentors can help youngsters gain better financial education. A must read for all teenagers, it will help them gain a strong foundation in financial education and independence.
About Robert T. Kiyosaki
Born on 8 April, 1947, Robert T. Kiyosaki is an American investor, businessman, self-help author and motivational speaker. His other books include Rich Dad's Retire Young, Retire Rich, Rich Dad’s Success Stories and Rich Dad's Escape From The Rat Race: Comic For Children. He was born in Hawaii and graduated from the US Merchant Marine Academy as a deck officer. He is known for his Rich Dad Poor Dad series of motivational books. He has written over 15 books that have sold over 26 million copies.
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Felt Cheated
Kiran Karwa
Jun, 2014