Monday, August 9, 2010

Choose to be rich

"Rich Dad and Poor Dad" author —Robert Kiyosaki.

This book talk about financial independence that he learnt from his two father , one from his biological father whom he called as Poor Dad and another from his friend's dad whom he treated as own Dad whom he called as Rich Dad.

He has great influence of Rich dad in his life that always teach him to be Rich and teach lesson of financial independence at his early age.

His poor father is compared to other poor fathers around the world who encourage their children to succeed in school and to be able to get a good job later in life. On the other hand, his Rich Dad encourages him to learn the power and knowledge of investing and self independence.

The Rich don't work for money rather money works for them.


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Good Lesson

The story is of a man who goes to a shop to buy a parrot. He picks out a parrot and asks the shopkeeper how much it is. The shopkeeper says, '$5000.'

The man says, 'Oh! That's terribly expensive. What does this parrot do?' The shopkeeper says, 'Oh, he types in English with his beak.'

The man says, 'That's far too expensive. What about that parrot?'

The shopkeeper says, 'Oh! That one is $10,000 because he is proficient in 3 or 4 languages and he understands SAP.'

The man says, 'Well, I really don't want that, what about the last one there?' The shopkeeper says, 'Oh! That is $30,000.'

The man says, 'What does he do?'

The shopkeeper says, 'I really don't know, but everybody calls him chairman.'