Rich Dad Poor Dad by Robert T. Kiyosaki is a personal finance book that provides insights into the financial mindset of the wealthy. The book is a memoir of Kiyosaki's own experiences and the lessons he learned from his two "dads": his real dad, who was highly educated but struggled financially, and his friend's dad, who was a self-made millionaire and financial mentor to Kiyosaki.
Kiyosaki argues that the traditional education system does not teach people how to handle money, and that financial literacy is essential to achieving financial independence. He emphasizes the importance of building assets that generate cash flow, such as real estate or a business, rather than relying on a salary from a job. He also stresses the value of taking calculated risks and constantly learning and adapting.
Kiyosaki's writing is easy to read and accessible, with many anecdotes and real-life examples to illustrate his points. He also provides practical advice on how to apply his ideas, such as how to create a personal financial statement and how to analyze an investment opportunity.
The book has been criticized for its simplistic approach to financial advice, and some of Kiyosaki's ideas have been disputed by financial experts. However, its popularity and widespread influence have made it a classic in the personal finance genre, with millions of copies sold worldwide.
Rich Dad Poor Dad is relevant for anyone who wants to take control of their finances and build wealth, regardless of their current financial situation. It is particularly valuable for young people who are just starting out in their careers and may not have received adequate financial education.
Kiyosaki's message of financial empowerment and self-reliance has resonated with many readers, and the book has inspired a whole industry of financial education programs and seminars based on its principles.
Rich Dad Poor Dad was first published in 1997 and has since been translated into dozens of languages. It has sold over 32 million copies worldwide and has been on the New York Times bestseller list for over six years.
The book has also spawned a series of follow-up books and products, as well as a popular podcast and YouTube channel featuring Kiyosaki and his team of financial advisors.
Overall, Rich Dad Poor Dad is a thought-provoking and inspiring book that challenges conventional wisdom about money and encourages readers to take control of their financial futures. It is a must-read for anyone who wants to achieve financial freedom and build long-term wealth.
✔ Author(s): Robert T. Kiyosaki
✔ Title: Rich Dad Poor Dad
✔ Rating : 4.7 out of 5 base on (88405 reviews)
✔ ISBN-10: 1612681123
✔ Language: English
✔ Format ebook: PDF, EPUB, Kindle, Audio, HTML and MOBI
✔ Device compatibles: Android, iOS, PC and Amazon Kindle
Readers' opinions about Rich Dad Poor Dad by Robert T. Kiyosaki
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