Business Application Classes — RECOMMENDED READING FOR EXTRA CREDIT:
- The Millionaire Next Door: The Surprising Secrets of America's Wealthy, Thomas J. Stanley and William D. Danko — How can you join the ranks of America's wealthy (defined as people whose net worth is over one million dollars)? It's easy, say doctors Stanley and Danko, who have spent the last 20 years interviewing members of this elite club: you just have to follow seven simple rules. The first rule is, always live well below your means. The last rule is, choose your occupation wisely. You'll have to read the book to find out the other five. It's only fair. The authors' conclusions are commonsensical. But, as they point out, their prescription often flies in the face of what we think wealthy people should do. There are no pop stars or athletes in this book, but plenty of wall-board manufacturers--particularly ones who take cheap, infrequent vacations! Stanley and Danko mercilessly show how wealth takes sacrifice, discipline, and hard work, qualities that are positively discouraged by our high-consumption society. "You aren't what you drive," admonish the authors. Somewhere, Benjamin Franklin is smiling.
- Rich Dad, Poor Dad: What the Rich Teach Their Kids About Money, Robert T. Kiyosaki, with Sharon L. Lechter — Rich Dad, Poor Dad is a true story on the lessons about money that Robert Kiyosaki learned from his two "dads." One dad, a Ph.D. and superintendent of education, never had enough money at the end of the month and died broke. His other dad dropped out of school at age 13 and went on to become one of the wealthiest men in Hawaii. Rich Dad, Poor Dad will . . .
In Rich Dad, Poor Dad, Robert Kiyosaki explains how to make your money work hard for you instead of you working hard for money.
- explode the myth that you need to earn a high income to become rich;
- challenge the belief that your house is an asset;
- show parents why they can't rely on the school system to teach their kids about money;
- define once and for all an asset and a liability;
- teach you what to teach your kids about money for their future financial success.
- Rich Dad's Rich Kid, Smart Kid: Giving Your Children a Financial Headstart, Robert T. Kiyosaki, with Sharon L. Lechter — Rich Dad's Rich Kid, Smart Kid is written for parents who value education, want to give their child a financial and academic head start in life, and are willing to take an active role to make it happen. In the Information Age, a good education is more important than ever. But the current educational system may not be providing all the information your child needs. This book was designed to fill in the gaps, to help you give your child the same inspiring and practical financial knowledge that Robert Kiyosaki's rich dad gave him. Rich Dad's Rich Kid, Smart Kid will show you how to awaken your child's love of learning using the same methods that Robert's smart dad used to help Robert stay in school, even though he had bad grades and often wanted to drop out. And Rich Dad's Rich Kid, Smart Kid will open doors that you never knew existed, enabling you to pass down the skills and understanding your child will use for the rest of his or her life.
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