Rich Dad's Guide to Becoming Rich Without Cutting up Your Credit Cards

by Robert T. Kiyosaki, Sharon L. Lechter

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There are "financial experts" who advise people to take out their credits cards and cut them up. And that may be a good plan for someone who is financially irresponsible, it's not great advice for someone who wants to build wealth and become financially free. Cutting up your credit cards won't make you rich; learning to leverage and manage debt will. If a person has a solid financial education they will know that there are two kinds of debt: good debt and bad debt. A person who understands show more debt will know how to use good debt to make them richer faster. And when we take control and learn to manage bad debt, seeing it for what it is and understanding the toll it can take if abused, we are on the road to financial freedom. Learn how to make your money work hard for you instead of you working hard for money all your life. Understanding debt and how to use and leverage it is an important first step. show less

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2 reviews
It made me learn to rethink the definition of rich, and gave some constructive ways to doing so. It did repeat a lot of the same information over and over. I recommend it as a bridal shower gift to a young couple before life may teach them the hard way what not to do financially.
Except some decent lines here and there, Nothing new ...since Rich Dad Poor Dad

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242+ Works 18,948 Members
Robert Kiyosaki was born and raised in Hawaii, and is a fourth-generation Japanese-American. He attended college in New York, and after graduating, joined the Marine Corps and served in Vietnam as an officer and helicopter gunship pilot. After the war, Robert worked for the Xerox Corporation as a salesman. In 1977, he started a company that show more brought the first nylon Velcro 'surfer wallets' to market. In 1985 he founded an international education company that taught business and investing to students throughout the world. In 1994 Robert sold his business and retired at the age of 47. During this somewhat short-lived retirement, Robert, collaborating with co-author Sharon Lechter, a C.P.A. and his business partner, wrote the bestselling book "Rich Dad, Poor Dad". (Bowker Author Biography) show less
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29 Works 17,083 Members

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Canonical title
Rich Dad's Guide to Becoming Rich Without Cutting up Your Credit Cards

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Genres
Business, Nonfiction, General Nonfiction
DDC/MDS
332.024Society, government, & cultureEconomicsBanking & MoneyMiscellany And Personal FinancePersonal Finance
LCC
HG179 .K644Social sciencesFinanceFinancePersonal finance
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184
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178,662
Reviews
2
Rating
(3.24)
Languages
5 — English, Indonesian, Italian, Portuguese, Spanish
Media
Paper, Audiobook, Ebook
ISBNs
21
ASINs
7