FINANCIAL LITERACY
Exactly this
time last year during my industrial training, I got this book from my brother.
Actually I can’t remember whether he
gave me or I took it(no regrets though).the book is titled rich dad, poor dad
by Robert T. Kiyosaki
I decided to
read this book recently and mehn! I learnt so much.
So let me summarise everything I learnt from
this book,it all about financial literacy.
FINANCIAL LESSONS
Lesson one: know
the difference between assets and liability
‘’The rich
buy assets while the poor buy liabilities, the middle class buy liabilities and
they think they are assets’’.
Lesson two:
It is not how much you make but how much you save
Lesson
three: know how much money your money is making.
Lesson four:
the poor work for others first, the
company that hire them, the government through tax and for the bank that own
their mortgage.