Rich Dad Poor Dad Book Review

Rich Dad Poor Dad book summary

Rich Dad Poor Dad is one of the best books I’ve read about how to achieve financial success. It’s about how author Robert Kiyosaki’s father used to teach him how to make money and how he used to hate the “Rat Race”. He taught him that the lack of money was the root of all evil.

Robert Kiyosaki’s father wanted to teach him how to make money

Robert Kiyosaki is the author of the famous book Rich Dad Poor Dad. He wrote the book in 1997, and it’s become one of the best selling personal finance books of all time.

Robert Kiyosaki was born on Hawaii Island in 1947. He graduated from the United States Merchant Marine Academy and went on to pursue an MBA at the University of Hawaii. After graduating, he was working in sales for Xerox. But he was not satisfied with his salary.

He was always interested in money and wanted to learn how to earn it. So, he asked his father for advice. His father told him to go to school and study.

One day, he met a friend named Mike. The two boys were nine years old. They were both struggling financially. Both their dads were not rich. Yet, their parents wanted them to learn how to be rich.

So, the two boys decided to start a business. Their first project was not successful. In order to earn enough money, the boys decided to make coins from toothpaste tubes.

While they were doing this, their fathers began teaching them how to be rich. Their dads suggested that they follow their advice and find a job that will teach them.

Robert Kiyosaki’s father believed that lack of money is the root of all evil

When you look at the education system, you’ll find that it teaches subjects that are outdated and will not apply to your real life. In the past, it focused on teaching people how to work for money, and to produce a workforce for an institution. Today, it is focused on learning about how to become rich.

Robert Kiyosaki’s father was a poor man. However, he had an educational background. He wanted to teach his son a valuable lesson. That lesson was that the best way to earn money is to learn about financial education.

He was taught to invest in assets. Investing is important because it can create value in your life. You can also use your wealth to improve the world.

Robert Kiyosaki had two different fathers during his early life. One was educated and wanted him to attend school, and the other was poor. His father believed that “lack of money was the root of all evil.”

While the wealthy father taught Robert about the power of a dollar, the poor one did not. The poor one did not know that money was just one of the many forms of power.

Robert Kiyosaki believes that the financial education is more powerful than the actual money. Keeping your money intelligent is more difficult than making it.

Robert Kiyosaki’s father made him hate the “Rat Race”

Robert Kiyosaki is an entrepreneur who teaches investors how to master money and acquire financial freedom. He is also the author of the bestselling book Rich Dad Poor Dad.

Kiyosaki was born in Hawaii in 1947. He served in the Marine Corps during the Vietnam War. His net worth is estimated at around $100 million. During his career, he has been involved in lawsuits with former associates.

Kiyosaki has been accused of downplaying the value of academic education. His seminars focus on learning how to acquire and manage assets, instead of focusing on academic degrees.

According to Kiyosaki, the real rich do not pay taxes. They invest their money and use it to generate income. Moreover, they are not afraid to take calculated risks.

Kiyosaki started his first business selling surfer-style nylon wallets. After a few years, his business became insolvent. He subsequently launched another venture to license heavy metal rock bands. But the second project did not succeed.

One of Kiyosaki’s fathers was a poor man. When the boy was 13, his father left school. Then, he took the boy to an ice cream shop.

This man taught the young boy how to become rich. In the process, he made the boy hate the “rat race”.

Kiyosaki later learned that his father’s friend, Mike, had worked with his rich dad and wanted to learn how to make money. So, he and his father brainstormed ways to make money.