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 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.
Customer ReviewsSee All
I am a fan of mr kiyosaki and this is probably my most favorite book I’ve ever read out of the hundred books I’ve read over the last 2 years however it’s just my preference of taste I thought it was more of an inspirational book saying things like be thankful for strong people the sacrifice of soldiers and learning from mistakes I liked it for its inspirational value it had very little financial information some of the points it makes on how to be rich were to expand your means get out of debt have emergency savings account and use innovation to create assets and come up with financial goals and plans