Book for thought

Title: Rich Dad, Poor Dad

Authors: Robert T. Kiyosaki & Sharon L. Lechter

Publisher: Warner Books

If I stopped working today, how long could I survive?” This question smashed like a sucker punch across the face, in a country which Stats SA estimates unemployment at 29% and the job seekers’ queue continues to grow longer. Bank employees say they are overwhelmed by numbers of clients who submit their Unemployed Insurance Fund forms because they lost their jobs due to the lockdown triggered by the Covid-19 pandemic.

Rich Dad, Poor Dad could be one of those books you would like to re-visit in times like this. This 23-year-old book is about contradicting lessons one of the authors claims to have learned from his two dads: one educated and poor, and another not so learned but rich. It advocates for investing in assets and financial literacy instead of enriching our employers and pay heavily on government tax and bank loans.

Self-help books are a bore to many because they oversimplify issues. But this book is one of those you could just page through; take what you value or interrogate its intention.  Anyway, business is not for everyone and requires something more than just university degrees: “ That thing is called ‘guts,’ ‘chutzpah,’ ‘balls’, ‘audacity’, ‘bravado’, ‘cunning’, ‘daring’, and ‘brilliance.’”