Rich Dad Poor Dad - Robert Kiyosaki

This is the book each person should go through. It is a book talking about importance and basics of financial education and what Rich Dad teach their children which poor dad fails to teach. Things are made pretty clear and simpler with the help of figures and explaination. I'm sure this will give (financial earning) direction to you. In schools, we don't get financial education but we do concentrate only on acads to get good rank with the false assumption that best performance helps to achieve better job, etc. Two simple fundas explained in RDPD are:

• Liability VS Asset
• Earnings: Employer/Businessman VS Employee

Very simple to understand definition of Liability and Asset is: 'Liability' takes money out of your pocket (things fall under this category are: credit card, bank loans, etc) whereas, 'Asset' puts money into your pocket (things fall under this category are: stocks, mutual funds, real estate,etc).

The financial cycle of a Businessman/employer:

• Earn
• Spend/Expenses
• Pay tax on left earnings
  

Whereas, financial cycle for an employee:

• Earn
• Pay Tax of earnings
  
• Spend left amount

"Income Tax" was brought into picture to take money out of rich people's pocket,but real picture depicts that it took money out of only middle-class people's pocket.

I would rate this book as 9/10.