Rich Dad Poor Dad
By Robert T. Kiyosaki
What the Rich Teach Their Kids About Money – That the Poor and Middle Class Do Not! Plata Publishing, 2017.
Summary of Rich Dad Poor Dad book by Robert T. Kiyosaki
The number one personal finance book since 1997, this is the story of Robert Kiyosaki’s two fathers—his real father and his friend’s father—and their formative lessons about money and investing, what assets and liabilities really mean, and how your financial approach can work for or against you.
Chapters in Rich Dad Poor Dad book summary
What do you get from this book? Learn the secrets for financial success through simple tips and persuasive examples
Always remember that money should work for you, instead of you working for money
Financial literacy starts with understanding the key differences between assets and liabilities
Mind your own business—focus on building a strong asset column instead of constantly working to make others rich
Build up your financial IQ to better understand how taxes work and help leverage strategies to keep your money
Learn how to “invent” money, even when your funds are low—don’t miss any opportunities that come your way
Seek job experiences that teach you a wide variety of skills instead of specializing in one area
Take practical steps to avoid common obstacles that stand in your way to becoming financially independent
Use Kiyosaki’s ten steps to awaken your financial genius and begin on your path to wealth
Summary of the key insights
Selected critiques in brief
Final word
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Rich Dad Poor Dad — Book Summary Snapshot
Who should read Rich Dad Poor Dad book
- Entrepreneurs
- college students
- anyone who wants to improve their financial situation
About the author of Rich Dad Poor Dad
Robert T. Kiyosaki
Robert T. Kiyosaki is an international bestselling author, investor, and teacher as well as the inventor of CASHFLOW 101, a board game that teaches people important financial strategies. Kiyosaki has worked in many fields, cultivating experiences which led to his influential perspective on money. Through his investments, he was able to retire at the age of forty-seven.ae
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