The Power of Leverage

You may have guessed by now that I am a fan of Robert Kiyosaki!
I first read “Rich Dad Poor Dad” eight years ago and have Robert to thank for getting us to financial freedom. I’ve read many books since but he was the one who first got us thinking about escaping the rat race.In my opinion Robert Kiyosaki’s best book is:
Retire Young, Retire Rich” – How to Get Rich Quickly and Stay Rich Forever.

It differs from his first four books in that it deals with the concept of leverage as compared to the others which teach about cash flow. Robert and his wife, Kim, started with nothing and retired financially free in less than ten years, and the way they did it was with leverage.
There are three main sections in the book:
  • The Leverage of Your Mind; expand your reality, or context.
  • The Leverage of Your Plan; how most people ride on the ‘slow train’ of life
  • The Leverage of Your Actions; what to do to become rich.
We used leverage to buy our rental properties. We made money from other people’s money!
Read the book, take action and you also can “Retire Young and Retire Rich”!
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