Your Easter reading list
Published in 1926, this is one of the most enduring “bibles” of personal finance. Set in the ancient city of Babylon, three friends set out to understand why one of them has become wealthy while the other two struggle. Using easy to understand metaphors, Arkad explains the golden rules for achieving financial independence, lessons that are as relevant today as they were in Babylonian times.
Millionaires are easy to spot because they drive fancy cars and live in big houses, right? Nope. This book proves that most millionaires are more interested in financial independence than status symbols. In fact, you might unknowingly be living next door to one. The research is based on data from the United States, but the principles apply equally to Australia and provide a blueprint for achieving financial freedom. You can read my longer review of the book here.
While this book has its critics, mainly because the author is accused of inventing his “rich dad” for the sake of storytelling, I like that Kiyosaki challenges traditional ideas about money. You may find that he opens your mind to new ways of thinking about money management, goal setting and financial achievement.