I am almost through with this book by Robert T Kiyosaki and don't feel like completing it(as usual J). The money management techniques are wonderful. The ideas, approach and guidelines are good. The way rich dad ("so called") looks at the world is very unusual and may be impressive for lot of people. The asset and liability concept, its application and the simplicity with which it has been explained is great.
This kind of a book has the potential of improving lives of lot of people who are not financially educated. Yeah - the concept of financial education has been addressed nicely.
But at the same time Mr. Kiyosaki - It's not all about money. Most of the great people who have been fondly remembered even after centuries of their heavenly abode have always thought beyond money and beyond worldly pleasures. These were those great people who hardly gave any importance to money, finance or the associated luxuries.
Jesus Christ, Lord Mahaveer, Gautam Buddh, Mahatma Gandhi, Lenin - All these people selflessly worked for the masses and sacrificed everything for the betterment of others.
People like Bill gates, Zuckerberg, Tatas, Ambanis and Mr. Kiyosaki himself will be forgotten in a few years. But the previous list has names which are being remembered since centuries and across generations.
Lot of individuals may not have any motivation to earn money. Money is too small a thing for them. Their vision is much bigger and motivation very different.
I am ok with Kiyosaki praising the "Rich dad" but disagree with the other dad being mentioned as "Poor dad".
Money can only buy material things. Most of the things which really matter and make a difference in life are those which money can't buy - Youth, happiness, pleasure, love.
Isn't it ?
