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Growing up with two father figures, a Rich Dad and a Poor Dad, Robert T. Kiyosaki understood well the importance of financial planning. In this easy-to-read parenting guide, Kiyosaki and co-author Sharon Lechter design a step-by-step guide to moms and dads to explain to their children the basics of our financial economythe employees, the self-employed, the business owners, and the investors. The authors explain that providing children with financial problem-solving skills, can help to ensure a profitable future.
I borrowed the book "Rich Kid Smart Kid" written by Robert T. Kiyosaki from my friend who insisted me to read it and I thanked him hole heartedly after reading it. Basically I am a disciplined person and I plan all my activities in advance including finance. This book gave me an idea and direction for a well planned financial strategy through which I can fulfill ambitions of my kids and other family members.I am treating this book as a guide for a secured life through financial freedom and recommend this book to all parents who wants to see their children's ambitions fulfilled.
I read the first book in this collection "Rich Dad Poor Dad" and then picked this sequel up at a yard sale.
This book is a somewhat complex guide on how one should save up for their child's college and possibly grad school education. Problem is, the tips are more about self-improvement than practical ways to save and invest. For example, it's emphasized that a child learns from his parents and so you should do your children a favor and show them how to be financially free. This is true, but not exactly what you are reading this book to learn how to do. Though good reading material, it seemed to stick to this theme more than how to actually, realistically save up money for your kids.