This is one of those books which is presented in a new type of outlook. This is obviously a very good book to think about money earning, saving and spending in a fresh new way. 

Though many of us have known these facts and many of us have already followed these tips much before the book was written but this is also a good book for the new generation.

This book definitely explains about what is an asset and what is a liability. 

So the author also explains how to focus on the assets and not to spent much on liabilities. 

I would like to give some pointers so that the main areas of the books can be exactly explained.

Assets and liabilities

The author has explained the need to grow assets than liabilities. Today buying a house is said to be liability. Now ,the author explains that a liability is something on which you got to spend your own money. But assets are something that will produce, money for you in the long run. Buying a car is said to be a liability where as buying a bond is said to be an asset. Earning from royalty is said to be an asset. 

Starting early

The author has said for getting the maximum growth for something we have got to start early in our life. Be it any money earning scheme or career we have to start early.  If you start at twenty then its definitely the right thing to do than starting at forty. Those extra years adds to your efficiency and adding up to your finances. 

Rotating the money

In this book the author has said to rotate your earning to earn some more. Like if you invest in a real estate or buying a property at a low price and then selling it at the right time to earn that extra profit. To earn that extra profit you need to buy a property at a low price and sell at a higher price at the correct time. 

Buying things from assets

The author has mentioned never to buy something expensive from the hard earned cash. Its always good to use the assets to invest on something we want to buy. Like if we rent a apartment and invest the rent amount on buying a car, then that's not effecting our main income source so that's good because we don't have to take that extra load on us.

Paying taxes is the reason for being mediocre

In this book, the author has also mentioned one thing and that is that the poor class and the mediocre class always remain in that same status because they have to pay those taxes and extra money. The mediocre are always borrowing money and never gets sufficient money for themselves . one of the reason is paying those taxes .

Overall this is a good book to read and analyze the ways to earn money and how to spend and save money.