Rich Dad Poor Dad - a great book for young adults
It has been 26 years since this book was first published. Yet, I still find myself going back to revise its contents repeatedly. The basic principles help me focus my thoughts and remind me of the lessons I learned from this book regarding personal finance.
It is one of the best gifts to give children as they grow into adulthood before they manage their own finances. But unfortunately, these lessons are still not taught enough at schools today. For society to tackle the tough challenges we see today, be it bringing down the national debt, job creation, pension deficit, widening wealth inequality, young people can't get on the property ladder, jobs being replaced by machine learning and AI, inflation, financial instability etc., we need future generations to be better educated financially. And there is no better book to start than Rich Dad Poor Dad.
It is written in simple, accessible language, using anecdotes and personal experience to guide the reader; this book is easy to read and suitable for everyone. Although I have different views from the author regarding taxation, his core message regarding financial education is highly relevant to all of us. I strongly recommend this book, and I hope the book will help you and your family secure an even brighter future.
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