Rich Dad Poor Dad – A 20th Anniversary Edition

Is it worth reading Rich Dad Poor Dad

There are ten chapters in Rich Dad Poor Dad, plus an introduction. In this review, we’ll focus on the first six lessons. In the book, Robert Kiyosaki talks about his own upbringing and the influence of two influential fathers on his life. His biological father was an extremely intelligent man who believed in the value of hard work.

Lessons from Robert Kiyosaki’s book

One of the key lessons in the book Rich Dad Poor Dad is to overcome fear. In the book, Robert Kiyosaki discusses how he overcame his fear of rejection and became one of the top five salespeople in the Xerox company. As a result, he is a prime example of how to overcome fear in business.

In the book, Kiyosaki discusses a time when he was nine years old and his friend Mike wanted to be rich. When their father discovered that the boys were melting toothpaste tubes to create counterfeit nickels, he told them that it was illegal. Mike’s dad, who had learned the ways of the business, also wanted his son to learn from him.

Relevance

In the 20th Anniversary Edition of Rich Dad Poor Dad, Robert Kiyosaki presents a fresh perspective on money and the global economy. Using sidebars that take you from 1997 to today, the book shows how much the book’s lessons have changed. As a result, the messages of the book are even more relevant today than when it was first published. Robert Kiyosaki’s approach is both honest and insightful, and his stories will continue to rock boats.

Robert Kiyosaki’s book, “Rich Dad Poor Dad,” has become one of the world’s best-selling books. It has been translated into several languages and sold around the world. It is considered the best-selling book in the field of personal finance. The book teaches readers how to manage money and create wealth. It also dispels the myth that the rich are born rich and teaches the difference between assets and liabilities.

Self-serving nature of book

The self-serving nature of Rich Dad Poor Dad is evident in the book’s focus on financial knowledge. The book contrasts the views of rich and poor fathers about the value of saving, investing, hard work, and education, and discusses tax laws and other matters that affect a person’s ability to achieve financial independence. It is a compelling read, but there are some serious flaws as well.

The book is full of factual errors. For instance, Robert Kiyosaki says that a house’s value does not always go up. Many people buy million-dollar houses only to sell them for far less than what they paid for them. As a result, Kim and her parents’ budgets became squeezed.

Value of book

Robert Kiyosaki’s book Rich Dad, Poor Dad is a combination of personal advice and autobiography that outlines the steps to become financially independent and wealthy. Kiyosaki is an investor and entrepreneur with an estimated fortune of $80 million. He has sold more than 26 million copies of his book worldwide.

This book is an excellent read for those who want to achieve financial freedom. It focuses on how to take advantage of corporate power and a knowledge of accounting and tax. Its core theme, however, is money, and it is a common misconception that the rich are born rich. The book also teaches the difference between asset and liability and how to use money to develop wealth.

Although Rich Dad Poor Dad contains some valuable concepts, there are some major flaws. While the book is a useful read for those who are interested in money and living on credit, it is poorly written and repetitive. In fact, most people will understand its basic concepts after reading just half of its pages.

Recommendation of book

The first edition of Rich Dad Poor Dad was published in 1997 and has become one of the most popular books on financial topics. While it is a great book for those who are new to the world of business, it is not a perfect book. While it is a good general guide on how to invest money, it does lack detail in some areas. As such, it may be better suited for those who have more experience in the field.

The book is divided into ten chapters, including an introduction. The first six chapters focus on building financial literacy. Kiyosaki’s personal experiences are also an important part of the book. He provides examples from his life that exemplify the importance of study and hard work. His approachable writing style and his ability to demystify money myths make Rich Dad Poor Dad a good choice for beginners.

Shopping Cart