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To: DIRTYSECRET
I found Kiosaki's Book Rich Dad, Poor Dad, to be mostly silly get rich quick schemes based on nearly impossible to follow generic advice.

I think that is why it is so popular. It offers something for nothing. It gives very little practical advice. It made Kiosaki rich.

11 posted on 09/11/2020 7:29:56 PM PDT by marktwain (President Trump and his supporters are the Resistance. His opponents are the Reactionaries.)
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To: marktwain

“The Millionaire Next Door” is what led us to making much better decisions with money right out of college. For example, we ended up buying a smaller house than we could afford because we could afford it on one income. That was a life saver when he ended up being laid off repeatedly in the energy sector.

Dave Ramsey’s books pushed us past the million dollar net worth mark, by paying off a mortgage and avoiding debt, plus saving 15%+. But a million dollar net worth is not that big when you factor in a house you own plus moderately large 401K.


17 posted on 09/11/2020 7:47:34 PM PDT by tbw2
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To: marktwain

Especially when there isn’t much specific advice, whether owning rental real estate or intellectual property that pays royalties. You get better advice from Dave Ramsey on how much a car should be worth, how much house to own, how much to save and where.


18 posted on 09/11/2020 7:48:54 PM PDT by tbw2
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