do you believe in the principles of Robert Kiyosaki?
do you believe in the principles of Robert Kiyosaki?
This is a discussion on do you believe in the principles of Robert Kiyosaki? within the HOT Debates - The Big Fight forums, part of the Management Students Voices ( MBA,BMS,MMS,BMM,BBA) category; do you believe in the principles of Robert Kiyosaki?
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Re: do you believe in the principles of Robert Kiyosaki? -
May 6th, 2009
The main principle from the book "Rich Dad ,Poor Dad" is financial knowledge for the children at the right age.Ppl have to be taught the value of money because after their education they are going to earn,preserve and invest their money.I like his concept of imparting the value of money to teens.But my doubt is that no one can really teach the value of money.You will learn about the value of money when you don't have it.In his book he could have cited examples of making some transactions in the real estate market and minting some money.But as long as it gives you profit you don't learn the real value of money.So I feel it would be better to get some ideas from ppl who have really suffered a lot in their early stages and made losses and then some profits.Finally,Kiyosaki's ideas are good.
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Re: do you believe in the principles of Robert Kiyosaki? -
May 6th, 2009
i do believe in his principles, but i dont think that these principal are very easy to develop or for that matter the examples given in his books of himself making money so easily are hard to believe !!
Re: do you believe in the principles of Robert Kiyosaki? -
May 16th, 2009
Yes, I do - Rich Dad, Poor Dad was a good book. His simple stories - stressing about gaining financial independence, realizing value of money...of creating general interest in finance were good. I don't remember if anything specific was given on actually doing business, investment etc, but it was motivational.
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