My morning began reading this book and I put it down only when I had finished it. The smiling Kim and 'Take Charge of Your Life!' strap line may conjure up thoughts of, 'it's one of those books', however I want to reassure you that you can disregard any notion of an abstract, get-rich-quick manual. In fact this colloquial, level-headed story offers such great, practical, savvy advice on various financial topics that it mustn't be missed! The energy Kim Kiyosaki's words gave me in Rich Woman were matched only by the range of ideas and mechanisms demonstrated.
Kim introduces her friends, and tells us their stories, motives and circumstances, giving us all a fellow beginner, whether it be Tracey, Pat, Leslie or any of the others to relate to. The book has personality. These people become your close comrades in the journey of discovery. And it is a journey of discovery, whether you are a complete beginner, or whether you already know a bit, there is plenty to learn and reinforce. Because Kim keeps referring back to the girls, just like we would in the real world, we are kitted out with tools and techniques at the pace of a non-fiction.
With regards to the finance Kim doesn't start from some lofty place talking about ROIs or stock options, she illustrates from the bottom up, i.e. with budgeting and saving. She sets the scene so well that it could almost be a 'financial independence' destination guide - though as we learn, investing is a process and it shouldn't be passive. She sets the vision and empowers, but in a realistic way, acknowledging that 'you can only figure out how to get where you want to be if you know exactly where you are now'. Her personal experiences of being completely broke and not seeing the light at the end of the tunnel show surely the very real possibilities for anyone to achieve. Kim makes the 'why' stronger, 'it's more than the money, it's the independence and self-esteem'. Money is significant because it has an affect on everything that carries importance; education, food, shelter, the amount of time you can spend at home with family vs at work. So the specific methods for how to get financing, show the first stepping stones to the path of financial independence allowing you to construct your financial shelter from slavery a.k.a. enforced employment.
The number one key to success (in investing) is 'arming yourself with education' and this book provides you with some fundamental and powerful artillery. Learning to trust yourself is an idea very well covered, whilst still championing the 'ask questions' attitude - after all this is how we learn and improve. 'How do I overcome my fear?' she yells from the tree tops, 'it's not about getting rid of the fear it's about learning how to manage your fear when it comes up, just take the next step'.
Building on the success of Robert Kiyosaki Kim does a smashing job of a very influential, functional and fun piece. For such a small package I'll repeat, it should not be missed. Happy reading!