Self Improvement : RDPD : SCAM?

Some might criticize and some are supportive. The more money you pay for the "thing", the more time taken to understand Rich Dad Poor Dad, it would definitely look like a scam to everybody, because you are not able to catch what the meaning of all this.

As for me, if you really know what is your condition now, and want some improvement, this is surely very inspiring book. However, lack of step-by-step getting rich examples, right? Ask ourselves, do we all make RDPD concept to be an instant rich concept?
 


Where do we invest our time and money then? Actually the answer is depend on us. Looking back at Robert Kiyosaki background, you would be able to know what to invest, Real Estate? Writing Books? However, I want to let you all know, if you are not familiar in the field, you would really hard to get it started. The real answer is still in your hand that is "Invest" something that you comfortable of, and make the "MONEY" work for you. This is the concept. Not necessarily into the Real Estate if you are not familiar with the term, transactions, the history of it.

In terms of the definition between the Assets and liabilities, his definition might seems confusing. But if you read some more materials, he wants us to make the "MONEY" work for us. Let see two examples;
So during the monthly installment of housing loan, making people pay at least half of your monthly installment by renting out. Saving you 50% installment as well as saving you 50% of the interest indirectly. However, if you plan to pay 100% installment until the final stage. Then decide to rent it out at later age, you are actually working for money until the loan is settled first.

Look carefully, the value you are paying today is actually for future value. For example, a property worth USD200K now, might be worth USD500k in 20 years time, correct? But if you calculate your monthly installment now, you might be paying at least USD450k from now onwards in addition to the interest and other charges.

I found this from website saying:
“I am an engineer working in wireless technology. I buy the latest cell phones and PDAs when they become available. I buy a faster computer every year. Liabilities? No. Without using cutting edge technology on a regular basis, I would not have the successful career that I have. No toys, no knowledge, no promotion, no job, no income.”

Actually the meaning should be like this, making people pay for your upgrades, such as company that is willing to pay you all the expenses for learning new technologies. Getting a company sponsor your knowledge and appreciate your skills.

If you want to be successful to pay every single cents on your own, it is just like buying your house from your every single hard earning money.

Your asset = Hard earn money.
Robert Kiyosaki’s Asset = People pay for it continuously and more. That's why you feel it is like a scam, because this Asset belongs to Robert Kiyosaki, not you. Robert Kiyosaki has proven this concept so far.

In summary, if you work for “MONEY”, you are actually BUYING.

If “MONEY” work for you, you are actually INVESTING, meaning you put a very little money inside, the rest of the time, the money is paying by itself, and pouring in while you asleep and doing nothing.


It's the complicated part, if the adult interpret the concept wrongly, what would happen to the young ones if they don't know what a working experience look like, and is really important to be part of a community to communicate with others, understand the needs, to produce the Demand & Supply in future, such as "Rich Dad Poor Dad" concept produces Demand for readers to read more and more.