management / Second Chance
BookYap’s Review: I have been practicing what I learned from the “Rich Dad’s” educational books for some years now. These books teach valuable things our school system doesn’t, especially in finance and investing. Many of us have read, or heard about the book “Rich Dad Poor Dad” by Robert Kiyosaki. This book “Second Chance” is also written by Kiyosaki. In this book, Kiyosaki uses many real statistical reports and graphics to further emphasize what he has been trying to point out to the public since “Rich Dad Poor Dad” came out in 1997. If you like the first book, you will love this new one. You may also be disturbed by the facts he points out about the dangerous direction our United States government is taking us.
If the house you live in is your only investment while you are working for a corporation for a bi-weekly paycheck, the facts this chapter points out may make you break a sweat. But the good news is, you will know what is most likely coming ahead of time to better prepare for it.
One sentence I agree with the author is this: “Other countries offer free higher education. In America, we create debt slaves out of our students.” page 20. Our United States government built the system to get our best 10 to 20 years of hard work after graduation through student load debt repayments, while driving up inflation which weakens our hard-earned money, after tax. I’m not trying to be a pessimist here, but those are the facts. Just read this book, and you will know what I mean.