Rich Dad Poor Dad
"Rich Dad Poor Dad" is a personal finance book written by Robert Kiyosaki, which was first published in 1997. The book is based on Kiyosaki's experiences growing up with two fathers, his biological father who was highly educated but struggled financially, and his best friend's father who was less educated but financially successful. Through these experiences, Kiyosaki learned about the difference between traditional approaches to money and wealth, and alternative, more entrepreneurial ways of thinking about financial success.
One of the key themes in "Rich Dad Poor Dad" is the importance of financial education. Kiyosaki argues that traditional schools do not teach people the skills they need to succeed financially, and that individuals must take it upon themselves to educate themselves in order to build wealth. He also emphasizes the importance of taking calculated risks, and argues that most people are too risk-averse when it comes to their finances.
Another key theme in the book is the importance of passive income, or income that is generated without active effort. Kiyosaki argues that the key to financial freedom is to build up a portfolio of assets that generates income, so that you can eventually live off of the income from those assets. He also stresses the importance of financial independence, and encourages readers to think about what they can do to take control of their financial future, rather than relying on traditional sources of security like a steady job or a pension.
Overall, "Rich Dad Poor Dad" is an inspiring and thought-provoking book that challenges traditional notions of money and wealth, and provides practical advice on how to build financial security and independence. If you're looking to gain a fresh perspective on personal finance, this book is well worth checking out.
Author: Robert T. Kiyosaki
Link to buy: https://www.amazon.com/Rich-Dad-Poor-Teach-Middle/dp/1612681131/
Ratings: 4.7 out of 5 stars (from 80063 reviews)
Best Sellers Rank: #39 in Books
#1 in Personal Finance (Books)
