By: Elayseah Woodard-Hinton
Robert Kiyosaki’s “Rich Dad Poor Dad: What The Rich Teach Their Kids About Money That the Poor and Middle Class Do Not!” Was one of the first books that introduced me to a “freedom based lifestyle” before this became a coined phrase.
I was excited to hear my recent Podcast guest Drake Reaux, founder of DC Emprise and co-owner of Dapper Deals Club, mention how his father required him to read the book as an adolescent before he could go play sports.
It’s been years since I’ve read the book, but the main thing that has always stood out to me is Kiyosaki’s lessons of building passive income.
I want to get to a point in my life where I don’t have to work for my money, but instead my money works for me.
Although I do require a certain level of comfort in my life. I am not a person who wants or needs extravagant things; what matters most to me is having time for my family and the freedom to indulge in my me time and personal interests.
If you are someone who is exploring entrepreneurship or prefers a traditional 9-to-5. You will gain a lot of value from this book because it talks about the importance of bringing in income streams that can enable you to live a freedom based lifestyle or a comfortable retirement.