Why You Want to Be Rich!!!
Why We Want You to be Rich
Two Men – One Message
Donald Trump and Robert Kiyosaki
ISBN 1-933914-02-5
A Review by Tracy Piercy, CFP
President, MoneyMinding.com
The message is the first word in the title: WHY? Why you need to read the book; why you need to become wealthy; why it’s important to everyone!
The entire book is about expanding your view of financial possibilities rather than buying in to the mantra of go to school, get a good job, save your money and retire in 35 or more years to live off your savings. Referring to this conventional wisdom, Robert says, “In today’s environment, I believe it to be the riskiest of all financial advice. To the financially unsophisticated, it sounds like safe and intelligent advice.”
This is not a book about "how to get rich" and that’s the point. "How to’s" are simple; the reason why is difficult. But, these two incredibly successful business men and investors cover more than enough reasons for you to take notice including the economic reasons why savings is the worst way and the worst option for achieving wealth and independence.
If you don’t save, what do you do? They will give you some candid discussion about why you need to start asking what, and how, and developing your financial education through reading so you can be in control of you financial future. It’s not a matter of if you want to do something different – it’s a matter of when you’ll do it – and hopefully before it is too late.
Donald says, “The things you don’t know about just might possibly affect you some day in some way. When they do, who will you have to blame if you are surprised?”
Both men write about the catastrophic economic situation we are facing because of the current debt load in the United States and refusal of main stream teaching to address the issue through financial education that empowers creative thought for expanding financial resources.
They want us to be smarter when it comes to use of debt because “our current economic situation needs debtors, not savers, to expand. It needs smart borrowers…people who can borrow money and get richer, not people who borrow money and get poorer… If we have more savers, our economy will shrink.”
If there is a "how to" component in the book, it’s about using your mind beginning with learning about money strategies and what money can do for you. Use your mind to figure out why you want to be rich yourself, then use it ask "how." And, do it now. There is no time to waste. The deficit in the United States is for social security and medicare alone is $72 trillion. “That’s more money than the value of all the stocks and bonds in the world.”
That means that the only way to that obligation is to “print more money, which would wipe out the savings of everyone…and people on fixed incomes would also be wiped out.”
Think this sounds dramatic, or it doesn’t apply to you, or you’ll somehow deal with it later? Think again – you must become more educated on what else you can do to create wealth and financial independence besides just saving more money. Reading this book would be a great start.
Copyright© 2000 - 2006 Tracy Piercy, CFP, Founder and President www.moneyminding.com Get your complimentary handbook: 12 Simple Steps for Finding Money at www.moneyminding.com
Two Men – One Message
Donald Trump and Robert Kiyosaki
ISBN 1-933914-02-5
A Review by Tracy Piercy, CFP
President, MoneyMinding.com
The message is the first word in the title: WHY? Why you need to read the book; why you need to become wealthy; why it’s important to everyone!
The entire book is about expanding your view of financial possibilities rather than buying in to the mantra of go to school, get a good job, save your money and retire in 35 or more years to live off your savings. Referring to this conventional wisdom, Robert says, “In today’s environment, I believe it to be the riskiest of all financial advice. To the financially unsophisticated, it sounds like safe and intelligent advice.”
This is not a book about "how to get rich" and that’s the point. "How to’s" are simple; the reason why is difficult. But, these two incredibly successful business men and investors cover more than enough reasons for you to take notice including the economic reasons why savings is the worst way and the worst option for achieving wealth and independence.
If you don’t save, what do you do? They will give you some candid discussion about why you need to start asking what, and how, and developing your financial education through reading so you can be in control of you financial future. It’s not a matter of if you want to do something different – it’s a matter of when you’ll do it – and hopefully before it is too late.
Donald says, “The things you don’t know about just might possibly affect you some day in some way. When they do, who will you have to blame if you are surprised?”
Both men write about the catastrophic economic situation we are facing because of the current debt load in the United States and refusal of main stream teaching to address the issue through financial education that empowers creative thought for expanding financial resources.
They want us to be smarter when it comes to use of debt because “our current economic situation needs debtors, not savers, to expand. It needs smart borrowers…people who can borrow money and get richer, not people who borrow money and get poorer… If we have more savers, our economy will shrink.”
If there is a "how to" component in the book, it’s about using your mind beginning with learning about money strategies and what money can do for you. Use your mind to figure out why you want to be rich yourself, then use it ask "how." And, do it now. There is no time to waste. The deficit in the United States is for social security and medicare alone is $72 trillion. “That’s more money than the value of all the stocks and bonds in the world.”
That means that the only way to that obligation is to “print more money, which would wipe out the savings of everyone…and people on fixed incomes would also be wiped out.”
Think this sounds dramatic, or it doesn’t apply to you, or you’ll somehow deal with it later? Think again – you must become more educated on what else you can do to create wealth and financial independence besides just saving more money. Reading this book would be a great start.
Copyright© 2000 - 2006 Tracy Piercy, CFP, Founder and President www.moneyminding.com Get your complimentary handbook: 12 Simple Steps for Finding Money at www.moneyminding.com
posted by Tracy Piercy at 10:29 PM
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