2018 Reads: Rich Dad, Poor Dad. — My first book of the year.

I finally read the book, "Rich Dad, Poor Dad" by Robert Kiyosaki. Here are my thoughts from what I read.

1. It takes desire and commitment to break free from the "rat race" cycle.

2. Financial literacy is a must for everyone who wants to get wealthy or rich. It is very important to acquire financial education in order to successfully manage money. At least, one who know the basics of accounting and bookkeeping. Take courses, attend seminars and master classes on finance and investment. It's worth it!

3. Acquire assets.
Assets are anything that generate income.
Permit me to put it this way, "assets are very important, therefore, in all thy getting, get assets". Most times we acquire liabilities as tag them as assets. Instead of acquiring liabilities [usually luxuries], one should invests in assets and consciously grow the asset column. Assets generate income and more assets equals more income.

4. Mind your business. When I started reading this book, I was like "OK! So all of us should quit our 9-5 jobs and leave the civil service to run corporations and become investors?"

I later understood from Rob's perspective that you could work a job and still mind your business. Make sure you 'recruit' your money and treat money as an employee and let it work for you.

You could also read the 257 or so paged book. It's worth it!