Rich Dad Poor Dad Book Summary

Rich Dad Poor Dad book summary

If you’ve been curious about the rich dad, poor dad philosophy, you’ve come to the right place. The Rich Dad Poor Dad book and audiobook are available for free on Amazon. The book was first published in 2020 and was updated in 2022. It is now one of the most popular financial success stories. In this book, you’ll learn how to be rich by following Robert and Mike Kiyosaki’s example.

Rich Dad Poor Dad

Rich Dad Poor Father is a bestselling book by Robert Kiyosaki. The aim of this book is to educate readers about rewarding business activities. Its title is a play on words, as Robert Kiyosaki explains. The book features the lives of two fathers, one of whom was extremely intelligent but did not do well financially. In contrast, the other father had a more humble upbringing, and he did not work in a well-paying job.

Many overnight millionaires have gone broke within two to three years. Robert Kiyosaki relates his experiences and the lives of his two fathers to illustrate why this is so. People learn that they need to work for money and are not allowed to question the process. This is a dangerous mindset, because it can lead to further debt, which is the last thing you want. Rich Dad Poor Dad helps readers understand the mindset that prevents them from achieving financial independence.

The author of the Rich Father and Poor Father book believes that the rich and middle class are in conflict. While poor people work for their money, rich people let it work for them. He believes that the rich and middle class use fear and greed to fuel their poverty and blames the poor for not recognizing their own financial literacy. As a result, both are guilty of creating their own problems. And in the end, they will never get it all.

Robert Kiyosaki’s father

According to Rich-Dad-Poor-Dad, the most important lesson in this book is to be content with what you have rather than what you have to have. This is especially important when you are trying to save money, and Robert Kiyosaki shows you how to do just that. The first step in making money is to realize that it is not easy to acquire it. However, if you know how to invest it wisely, you’ll be able to create a plan to achieve that goal.

Robert Kiyosaki’s father was not wealthy himself. His father was well educated and could not teach his son how to become rich. He therefore looked for a mentor in the father of his best friend, Mike. His best friend’s father, who was wealthy, agreed to help his son become rich. Kiyosaki’s father offered him jobs at local businesses for low pay and free.

Robert Kiyosaki’s biological father was a Harvard-educated PhD. However, he was financially illiterate. He tried to make money through traditional methods, such as pursuing a Ph.D. or getting a law degree. But these methods didn’t work. His father encouraged his son to earn a respectable degree and move up the corporate ladder.

Mike’s father

A popular series that has inspired many people to pursue financial independence, Rich Dad, Poor Mom has gained popularity in recent years. Based on the life of Robert Kiyosaki, the series follows the life of Mike’s father. Mike’s father was the owner of a chain of superettes, the mid-century predecessor to the convenience stores we know today. Despite having no formal education, Mike’s father became the richest man in Hawaii and left a massive fortune behind at his death.

In his book Rich Dad, Poor Mom, and Other Lies, Robert Kiyosaki shows how his sons can become successful by taking action to make their money work for them. The rich dad, who is Mike’s father, convinces his sons to start their own businesses. Mike’s father was inspired by a pile of comics lying around the house. He paid Mike’s sisters $2 an hour to manage the business and made about $9.50 a week.

While Kiyosaki may not know anything about investing, he did get a real CPA to help him write the book. Sharon Lector, who was Kiyosaki’s partner in the Rich Dad Poor Dad series, is a CPA herself. The two split in 2000 and Kiyosaki’s partner is now a real CPA. It’s no wonder the books have been such a hit!

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