HoydenSeek’s Weblog

hoy·den: a boisterous, bold, and carefree girl; a tomboy + seek: to go in search or quest of

Rich Dad, Poor Dad February 9, 2009

Filed under: Books & Mags,Very Good Things — suzanne turner @ 1:51 am

♥ ♥ ♥ ♥ – Personal Finance

This book teaches you the essential rules of managing money, and that it isn’t all about just making more of it. It is about making smart choices, and not stretching your budget, no matter your income, to the limit. It advocates building assets versus aquiring liabilities. The first step is knowing the difference and this book does a great job of laying out the concepts to help you understand how to acquire assets and minimize liabilities. I recommend it highly. A friend who is also a fan of this book told me about a game that accompanies it called Cashflow, which is supposed to be a fun way to apply the ideas from the book. Unfortunately the game costs around $200… so I don’t think that is a prudent decision for my budget right now. 🙂 But I’ll keep an eye out for it in the free section of Craigslist. In summary though, I’m very happy Joel and I found this book when we did. It has changed the way we look at money, how we are handling the budget now and setting future goals.


One Response to “Rich Dad, Poor Dad”

  1. Mike Says:

    It is a great book to stimulate discussion.
    It’s worth exploring other viewpoints, too.



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