Rich Dad Poor Dad – Is it Worth Reading?

Is it worth reading Rich Dad Poor Dad

The book has been widely popular, inspiring millions to learn more about money and finance. It has many positive points, but there is also controversy surrounding the book and its author. While many people think the advice offered in the book is sound, others have mixed feelings. Here are some things to consider when deciding whether the book is right for you. Listed below are a few of its main points. And remember, not everyone will agree with every word.

Robert Kiyosaki’s father

The first rule of becoming rich, according to Robert Kiyosaki’s book, is to never depend on another person for your income. In the story, he shows his son, “Mike,” how he can become rich by working his own way instead of working for someone else. This principle has been proven to be effective in helping people create their own wealth. But how can you ensure that you won’t become a victim of the same fate?

When Robert was working for Xerox in his mid-20s, he heard his bosses talking about promotions, pay raises, and rising deductions. His father’s example made him realize he had to work harder to emulate his rich dad‘s success. He worked longer hours selling Xerox machines and eventually he was able to make more money. This book has helped countless people make millions of dollars.

Robert Kiyosaki’s father was a government employee. He was not particularly wealthy, but was a friend of the rich man, and had no formal education. This friend would later go on to become one of Hawaii’s richest men. In contrast, Robert’s poor father had several degrees and specializations, but left him with massive debts. It is for these reasons that the book has been so popular.

When Robert Kiyosaki first met his father, he was working for free. But his dad was not willing to let him work for free, so he agreed to take him to an ice cream shop. The father gave him ten cents an hour for three hours a week. The rich dad refused, and the boys were forced to work at the ice cream shop for another sixty minutes.

The book opens with a discussion of how to avoid this trap. The two fathers were entrepreneurs, but they still struggled to get a loan. When they were applying for a loan, they saw real estate properties and wondered how they could make it work for them. The father, however, offered them a lesson, and a pay raise. This conversation was pivotal in their relationship, which later led to their marriage.

Robert Kiyosaki’s friend’s father

After the release of “Rich Dad, Poor Dad” by Robert Kiyosaki, questions have risen about who his “rich dad” was. While the author has denied that he had a “rich dad,” his friend’s father did exist. His friend’s father was Richard Kimi, who accumulated his wealth in the hotel business and later died. Richard Kimi lived in Hawaii just down the street from Robert Kiyosaki.

Robert Kiyosaki’s friend has an interesting story about the rich father of a poor kid. The father of a friend, Mike, suggested that Robert learn from his friend’s rich dad. The rich dad had heard about Robert Kiyosaki from a banker, so the two arranged to meet. The lessons began. Both men were determined to learn the secrets of money making.

At nine years old, Kiyosaki’s father was not a great mentor for his son. He did not graduate from high school, but he did finish college. He worked to pay off his student debt for most of his adult life. In parallel to Kiyosaki’s father, his friend’s dad, Rich Dad, was teaching his son how to make money. Both men had regressive views about money.

After a massive stock market crash, Robert Kiyosaki was in need of money and decided to buy a small house with a down payment of $5000. He rented the house to a local professor, making $40 a month after expenses. He then sold the house for $95,000 two years later when the real estate market began to recover. Kiyosaki’s friend’s father had spent the proceeds to buy a 12-unit apartment. The property sold for $60,000 in a matter of minutes and he paid a processing fee of $2,500.

When Kiyosaki was a teenager, he changed jobs. After graduating from the US Merchant Marine Academy in 1969, he went to work in a tanker fleet for Standard Oil. He lasted only six months before leaving his job to join the marines. This experience taught him international trade routes and how to manage people. In the early 1990s, Kiyosaki began importing Korean wallets, which he sold at the local Korean grocery.

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