In Rich Dad Poor Dad, the #1 Personal Finance book of all time, Robert Kiyosaki shares the story of his two dad: his real father, whom he calls his ‘poor dad,’ and the father of his best friend, the man who became his mentor and his ‘rich dad.’ One man was well educated and an employee all his life, the other’s education was “street smarts” over traditional classroom education and he took the … the path of entrepreneurship…a road that led him to become one of the wealthiest men in Hawaii. Robert’s poor dad struggled financially all his life, and these two dads–these very different points of view of money, investing, and employment–shaped Robert’s thinking about money.
Robert has challenged and changed the way tens of millions of people, around the world, think about money and investing and he has become a global advocate for financial education and the path to financial freedom. Rich Dad Poor Dad (and the Rich Dad series it spawned) has sold over 36 million copies in English and translated editions around the world.
Rich Dad Poor Dad will…
* explode the myth that you need to earn a high income to become rich
* challenge the belief that your house is an asset
* show parents why they can’t rely on the school system to teach their kids
about money
* define, once and for all, an asset and a liability
* explain the difference between good debt and bad debt
* teach you to see the world of money from different perspectives
* discuss the shift in mindset that can put you on the road to financial freedom
more
It’s precisely in defining success that we find the final prize for the game of life, in the search for our definition of success.
Sometimes we’re not clear about the purpose of all our efforts, actions, emotions and feelings in the moments of our life journey. We don’t know the reason we’re attracted, day after day, to change and growth, facing the unknown. This lack of clarity gives us a feeling of oblivion, we’re confused in letting ourselves go, lost in an objective reality where we feel like pawns moved by external energies over which we have no control: others, the world, God, defined by some dogma that we accept as true, or even “nothingness”, in a mechanistic interpretation of the universe.
Others are always ready to provide us with their irrefutable definition of success, their objective vision.
In a subjective vision of life, each of us is led to choose whether or not to give content and meaning to our existence.
Inspiring book!
This one of those books that will change your life and should be read over and over. Every time I read it I learned something new.
All of the books by Robert Kiyosaki are paths to getting truly rich.
Book it’s very famous and cute
The beginning, where the author tells a story from his childhood, is a bit slow. But get through that, and there’s some great information. The gist is, spend your money on assets, things that will increase in value, not on liabilities (e.g. expensive car that only decreases in value, toys, TVs, etc.). Our society definitely encourages rampant consumerism, keeping up with the Joneses, lavish weddings, etc., i.e., buying stuff you don’t need. If you can resist that, and make your money work for you, even build a passive income stream like the author here did (think Warren Buffet), you will be able to enjoy more of life and not be chained to a job you don’t like through your 60s and 70s just to be able to pay off your consumer debt. The book is a bit dated, so make sure you read up on index funds and other investments. The author seems to have made a lot of investments in real estate, and I’m not sure that’s as good as investment (at least, in the US) as it used to be.
A great read that will help you on your financial journey! A must read!
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I loved the comic book story and the use of an endless story within the book to teach the greastest of lessons. I am happy that you were able to share this knowledge with us, and I will do the best of my abilities to as become a best selling author as well. This book with Sharon truly was amazing. Thank you for sharing and updating the book for the modern times as well.
Unbelievable truths about the rat race and promise of liberation…
Share with your children
Great read for changing your mindset when it comes to money. The difference in thinking between the “Rich Dad” and the “Poor Dad” was eye opening!
Excellent book
This book is perfect for anyone who’s at the beginning of their FIRE (Financial Independence Retire Early) journey or is looking for ways to accumulate wealth. It provides you with a different perspective on money.
Easy Read
Might change the way your outlook on money, life, possibilities…. etc.
This book is thought provoking as it provides a different insight of the modern educational system with emphasis on life being the best school for financial intelligence.
Best business book
The best personal finances book you will ever read. It shows you everything you’re doing (and thinking) wrong
Eye-opening about the differences between poverty thinking and a wealth mentality.
Perfect for business minded people
If you only get one thing from this book, it will be the definition of what an ‘asset’ is…and is not. Yes, it’s about real estate, but it’s also about a way of looking at life, challenges, and opportunities.