This is a summary review of Rich Dad Poor Dad containing key details about the book.
What is Rich Dad Poor Dad About?
Rich Dad Poor Dad is a story about the author, his two fathers, and how they both teach him about money and investing. The book explains the difference between working for money and having your money work for you. It also promotes the importance of financial literacy, financial independence, investing, and increasing financial intelligence.
Rich Dad Poor Dad is written in the style of a set of parables, ostensibly based on the author’s life. The “rich dad” is his friend’s father who accumulated wealth due to entrepreneurship and savvy investing, while the “poor dad” is claimed to be the author’s own father who he says worked hard all his life but never obtained financial security. (Full Summary…)
Who is the Author of Rich Dad Poor Dad?
Robert Toru Kiyosaki is an American businessman and author. He is also an investor, entrepreneur and educator whose perspectives on money and investing fly in the face of conventional wisdom. Kiyosaki is the founder of Rich Global LLC and the Rich Dad Company, a private financial education company that provides personal finance and business education to people through books and videos.
Favorite Quote: “Winners are not afraid of losing. But losers are. Failure is part of the process of success. People who avoid failure also avoid success… In school we learn that mistakes are bad, and we are punished for making them. Yet, if you look at the way humans are designed to learn, we learn by making mistakes. We learn to walk by falling down. If we never fell down, we would never walk.” ― Robert T. Kiyosaki, < ahref="https://elevatesociety.com/quotes-from-rich-dad-poor-dad/">Rich Dad Poor Dad Quotes
- Print length: 195 pages
- Audiobook: 6 hrs and 9 mins
- Genre: Business, Nonfiction, Finance, Self Help, Personal Finance
Chapter 1: Lesson 1: The Rich Don’t Work for Money
Chapter 2: Lesson 2: Why Teach Financial Literacy?
Chapter 3: Lesson 3: Mind Your Own Business
Chapter 4: Lesson 4: The History of Taxes and the Power of Corporations
Chapter 5: Lesson 5: The Rich Invent Money
Chapter 6: Lesson 6: Work to Learn—Don’t Work for Money
Chapter 7: Overcoming Obstacles
Chapter 8: Getting Started
Chapter 9: Still Want More? Here Are Some To Do’s
Is Rich Dad Poor Dad worth reading?
We give the book a thumbs up. 👍