Rich Dad Poor Dad is a popular personal finance book that has been translated into more than 60 languages. It is a classic that has helped millions of people change their thinking about money.
Kiyosaki grew up with two fathers: his biological father (poor dad) and his best friend’s father (rich dad). These two men shaped his financial views.
The premise
Rich Dad Poor Dad is a book about the different financial mentalities of two men. The author, Robert Kiyosaki, grew up with two fathers – one poor and one rich.
The poor dad worked hard for his family and was highly educated, but he always struggled financially. He believed in the traditional principles of working hard, saving money and not spending too much on material things.
The rich dad, on the other hand, accumulated wealth through entrepreneurship and smart investing. He also emphasized the importance of acquiring assets that make you money, rather than liabilities that can hurt you in the end.
The writing style
Rich Dad Poor Dad is a modern personal finance classic that has sold over 32 million copies worldwide. It was originally published in 1997 and has become a must-read for anyone interested in investing, money, or the global economy.
It tells the story of Robert Kiyosaki growing up with two fathers – one rich and one poor – who taught him different things about money and investment. Throughout the book, Kiyosaki compares the financial advice given by these two fathers to help him develop his own unique path to wealth and freedom.
Kiyosaki explains how the rich are not born rich, why your personal home may not really be an asset, and how to think bigger to get richer. He also talks about how to use entrepreneurship to increase your income and build passive streams of income.
The content
Rich Dad Poor Dad is a fable-like story about the author’s childhood and his two fathers. One was a rich father who taught him about financial literacy, entrepreneurship and investing. The other was a poor father who worked hard all his life but never obtained financial security.
Throughout the book, Kiyosaki compares and contrasts the views of both men on money and finances. It was through these comparisons that he realized how much differently people thought about money and investments.
The book also shows that a person’s wealth is largely based on their family background and how they interact with money. Ultimately, Rich Dad Poor Dad encourages readers to develop their own unique path towards financial freedom.
Despite the controversial nature of this book, it remains a popular read and has been translated into dozens of languages and sold worldwide. Rich Dad Poor Dad is the #1 personal finance book of all time and is a must-read for anyone looking to achieve financial freedom.
The conclusion
Rich Dad Poor Dad is one of the best personal finance books ever written. It has been a bestseller and translated into over 60 languages. It is a great read for anyone who wants to learn how to make money and become financially independent.
In the book, Robert Kiyosaki compares and contrasts his two fathers. He believes that he was fortunate to have had both of them.
He also learned a lot from both of them. However, he found that the rich dad had a more sensible approach to money than his poor dad.
His poor dad looked to education as the key to success. He worked hard to get a college degree and a good job. He believed that a good job would allow him to become rich and secure his future.
