My journey into the world of personal finance and investing started around October 2007 when I was in National Service (NS). I was 19 years old then. I was just promoted to be a Third Sergeant and wanted to learn how to budget my extra allowance prudently to prevent overspending. I made a trip to Popular bookstore to purchase some books on budgeting.
As I strolled into Popular bookstore, to my left stood a section called “Popular Bestsellers”. Perched on it was a book that caught my eyes instantly. The book was entitled “Rich Dad, Poor Dad” and it was by Robert Kiyosaki. The title was interesting so I picked it up to read the blurb on the back page and it seemed interesting. The blurb did not talk much about how the book could help me to budget my money but I bought the book anyway.
Reading the book was a life-changing experience for me. I never saw money the same way again. The concepts revealed in the book were just mind-blowing. One example is that the house we are living in is actually not an asset but a liability. We have been all trained to think otherwise since young. There were many instances of “Aha” moments as I read the book. Anyone who is interested in personal finance and investing should read this book. I have not looked back since…
Hi FFF,
Rich Dad Poor Dad was also the first book that pip my financial journey. It was sometime in 2004 or 2005 when I was flipping through the Straits Times – there was a section on recommended library books on Finance. I borrowed the book immediately and the rest was history.
Hi Derek,
Thanks for your comments. I think many like us started off reading this book too. I’m grateful I came across this book. The rest is history for me too =)
It was my first book too. So do you have other books to recommend now? I’m busy reading Tim Ferriss 4 Hour Body. Yes I’ve read his 4 Hour Workweek already.
Hi Vanson,
Thanks for visiting my blog and for your comments. I’ve not come across “4 Hour Body”. Only read his previous book which you mentioned. I’m looking to read “This Time Is Different: Eight Centuries of Financial Folly” soon.