“Unfair Advantage” by Robert Kiyosaki is an amazing book everyone should own. Robert Kiyosaki is a multi-millionaire and international bestselling author of “Rich Dad Poor Dad.” Ever since the release of this book, he’s gained fame and respect for sharing his knowledge.
In the book “Unfair Advantage,” Robert strongly stands by the power of financial education. He believes that the best investment a person can make lies between their own two ears. Learning how to get ahead financially in life doesn’t necessarily involve a person going to school. He actually states that what we need to know about money isn’t taught in our school system today and hasn’t been in the past.
Through reading his books and attending his seminars, you will learn why the rich get richer and the poor gets poorer. Here are the topics discussed in the book and a brief summary of what you will learn:
Credit: Robert Kiyosaki from www.richdad.com1. Knowledge
In this chapter, Robert tells you why it’s important to know how to manage your money. He discusses why investing in a higher level of financial education determines how you handle your finances. He also goes deep into why many of our government leaders, bank employees and all who attended elite schools are not so smart.
In this chapter, Robert explains why taxes can be the best thing that’s ever happened to you or the worst. Taxes are one of the top things that suck large amounts of money from people who don’t have financial education. By reading this chapter you will learn how to earn more and pay less, even zero in taxes.
In this chapter, Robert explains how debt being the greatest cause of our down economy can work in your favor. With financial education you can learn how to get the banks to throw money at you. You will learn how the rich use other people’s money to acquire assets to gain even more wealth. When you use debt in the economy, the government will reward you with tax deductions and other benefits.
In this chapter, Robert explains why job security, saving money, safe investments, fair share, mutual funds, diversified portfolios and the term debt-free are the riskiest investments and terms you could ever be involved with. He explains how people will actually lose more money and stability.
In chapter 5, Robert states that the rich don’t work for money, they make their money work for them. He explains why working hard to acquire assets is smarter than working for money as an employee.
In this book, Robert has a lot to say in regards to surviving and thriving in this economy. He even has a bonus section in this book that will be in the 2011 reprint of Rich Dad’s CASHFLOW Quadrant. The economy will only get worst in the next 10 years. There will either be the collapse of the dollar or hyper inflation. By reading this book, you will realize how important it is to take action now and continuously invest in your financial education.
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(price as of Jan 4, 2016)