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Rich Preach is a compendium of financial awareness. This is an attempt to ignite financial literacy and demystify the tricks of making money. The approach is not a short cut but knowledge driven. The author has tried to keep the vital information crispy and understandable to a common individual.

 

Rich dad, Poor Dad

The strength lies in the story telling approach. It is fun to read as well as informative. It is the true story of Robert Kiyosaki's two fathers; one rich, one poor and how Kiyosaki developed financial literacy. The major learning area are:

  1. Do not work for money, make money work for you
  2. Your income is not your wealth. It is cash flow that determines your wealth
  3. Investors are different from savers
  4. Difference between assets and liabilities and that assets feed you, liabilities bleed you.
  5. The role that taxes and inflation plays on slowing wealth accumulation
  6. Act like, be like and think like a Rich person instead of a poor person
  7. If you want to be rich, listen to a rich person