Each of us work hard, day in and day out, only for one motive - to make enough money for a satisfying living.Most of the time we feel as if we need to put in more effort in order to make more money.Sometimes thats not the case - may be we are not effectively managing our existing money.Quite surprisingly, though money is the final destination of whatver different work we do, we are severly handicapped about the knowledge of even basic money management.We are taught the sciences, languages etc at school and college but not the basics of money management.
Thats exactly why I was most inspired by the book that I read in Feb 2006.Here are the details:
Book name: Rich Dad Poor dad Authors : Robert Kiyosaki and Sharon Lechter ISBN : 0964385619
Go get it.Read it, understand it and impart the knowledge to your kids so that atleast they may be more smarter than us in managing money!!
RE:How to manage your money
by Randhir on Aug 29, 2006 12:13 PM Permalink
Hi
I completely agree with you. I was also inspired by this book around 2 years ago. This book open your mind to new field of personal finance, how to get rich and what one need to do if he want to earn more money apart from salary he is earning. This book should be read by those who want to earn more money or want to start their own business. This book clrealy describes the " DEEWAR BETWEEN AMIRI AND GARIBI " and what one must do to move from rags to riches. This is must for those who feel that he/she is working very hard and earning peanuts. This book tells the way to multiply your money and be financially independant. Their is lot to learn from this book
RE:How to manage your money
by Sunil Pisharody on Sep 01, 2006 05:34 PM Permalink
I have read thru Robert Kiyosaki's two books namely "Rich Dad Poor Dad" and "The Cash Flow Quadrant". Both deal with the same idea about financial literacy. This is a Must-read - as the author puts - as its not about "working to earn money" but about "making money work for you".... It signifies the importance of imparting money management right from the childhood.
