I first heard about this book from the TRP Mastery
Academy
However, last Friday after a meeting and while waiting for
my husband, I decided to go inside National Bookstore. I was trying to look for
a book on Warren Buffet when I saw this book on the "Bestseller" Section.
I remembered that it was the book that Sir Larry mentioned during our seminar. I
didn't think twice of buying it and even got surprised seeing that it is only
Php50.
I started reading it the night I bought it and finished the
day after. It was a great book from cover to cover. The author was very effective
of referencing Bible verses on his every topic. The way the author discussed
each strategy on money management was simple and can easily be grasped by
ordinary people.
These strategies are:
1. Save – Use the “Automatic Millionaire” savings system.
This blog
post might also help explain it. He also made this quote:
"Ang taong ipon ng ipon, pera
nya'y di lilipad na parang ibon."
This is true because the basic and first step to financial
freedom is the art of "Saving".
2. Give – Give to the Lord. He doesn’t need our Money. We
have a “Rich and Generous Dad”. But He wants us to do this to help us. The more
we empty ourselves, the more blessings he can pour unto us.
3. Get out of Debt and Stop Borrowing – The Borrower is a
Slave of the Lender. Set a goal of getting out of debt and never borrow again.
4. Live Simply – Living a simple life can help you get out
of debt and help you to save more. It
pays to be frugal. And always remember to “PRAY before you PAY". He
discussed in the book why we need to do so.
5. Work Hard and be an Entrepreneur – Develop and Monetize our
God given talents.
6. Invest – The best to secure your future is through
investments. But he noted that we need to “INVESTigate Before we INVEST. Don’t
fall for the “Get Rich Quick” schemes. You can check mutual funds, the stock market, etc.
7. Educate Yourself – Invest in yourself. Attend seminars, read books, etc. “If
you think Financial Intelligence is Expensive, TRY Ignorance”.
These strategies when followed will indeed be a very
effective way of making our PISO not to be BITIN.
The book is short yet comprehensive, simple and straight to the point which
will never bore the readers. The comic illustrations were also effective on
bringing humor to the strategies recommended. It was also written in “Taglish” which made it successful in
delivering his message to his target readers.
Another thing I liked about the book was the page where it
listed down their Book Recommendations. Some of them I have already read but
most will be on my "To Read" List.
In Summary:
Price: Check
Content: Check
Recommended: Super Checck
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