A while ago I posted my review of Donald Trump’s The Art of the Deal. Here’s a look at one of his new books, How to Get Rich.
In the beginning of his book he makes a good point that not a lot of people tend to grasp on: you ask a baker how to make bread…so why wouldn’t you ask a billionaire how to get rich? Makes enough sense to me. Trump goes into how to make money, but he talks about how to make it in his context – the context of a billionaire.
I think one of my problems with Trump’s book is the same problem that I have with every money book that I read – it’s unrealistic to the majority of people in my age category (18 – 34). We’re saddled with debt that reaches the six figures from credit cards, student loans, consolidation loans, mortgages – you name it. Reading this book only serves to reinforce the fact that we’re up shit’s creek without a paddle. Sure, the Rich Dad series and some other books give you a better view on how to get OUT of the situation that you’re in, but they still assume that you’re able to just cut out needed expenses like cell phones, food bills, and internet access.
Doesn’t work like that in 2006.
Overall, the Trump book isn’t so bad that I would suggest not reading it. I do, however, suggest that you take it as a work of fiction…