11. Rich Dad, Poor Dad

11. Rich Dad, Poor Dad

There are several popular books often listed as essential guides that people should read to understand money. Over the past 10 years, Rich Dad, Poor Dad has risen to the top of that list.

There are a few fundamental truths that are clearly outlined in Rich Dad, Poor Dad that can save years of heartache once learned. And evidently, the sooner you learn the better.

"Rich people acquire assets. The poor and middle class acquire liabilities, but think they are assets." This truth is well explained, and well worth reading a few times.

Rich Dad, Poor Dad works best when coupled with other great books. I enjoy the works of Jeffrey Gitomer and John Maxwell.

Remember, in cases of riches and poverty, reading is never enough. What matters most is, can you implement consistently what you have learned?