Rich Dad, Poor Dad: What the Rich Teach Their Kids About Money - That the Poor and the Middle Class Do Not! - Softcover

Robert T. Kiyosaki

Softcover

ISBN 10: 0446611093 ISBN 13: 9780446611091

Publisher: Warner Books Inc, 2001

Synopsis

I had two fathers, a rich one and a poor one. One was highly educated and intelligent; he had a Ph.D. and completed four years of undergraduate work in less than two years. He then went on to Stanford University, the University of Chicago, and Northwestern University to do his advanced studies, all on full financial scholarships. The other father never finished the eighth grade. Both men were successful in their careers, working hard all their lives. Both earned substantial incomes. Yet one struggled financially all his life. The other would become one of the richest men in Hawaii. One died leaving tens of millions of dollars to his family, charities and his church. The other left bills to be paid. Both men were strong, charismatic and influential. Both men offered me advice, but they did not advise the same things. Both men believed strongly in education but did not recommend the same course of study...

About this title

Review

Personal finance author and lecturer Robert Kiyosaki developed his unique economic perspective through exposure to a pair of disparate influences: his own highly educated, but fiscally unstable father, and the multimillionaire eighth-grade dropout father of his closest friend. The lifelong monetary problems experienced by his "poor dad" (whose weekly paychecks, while respectable, were never quite sufficient to meet family needs) pounded home the counterpoint communicated by his "rich dad" (that "the poor and the middle class work for money," but "the rich have money work for them"). Taking that message to heart, Kiyosaki was able to retire at 47. Rich Dad Poor Dad, written with consultant and CPA Sharon L. Lechter, lays out his the philosophy behind his relationship with money. Although Kiyosaki can take a frustratingly long time to make his points, his book is nonetheless a compelling advocate for the type of "financial literacy" that's never taught in schools. Based on the principle that income-generating assets always provide healthier bottom-line results than even the best of traditional jobs, it explains how the former might be acquired so that the latter eventually can be shed. --Howard Rothman, Amazon.com

Review

This book inspires you to continue your learning process. Gives you insight of why you are where you are now financially. Helps you to motivate your thoughts on getting rich. Though the times have changed but the thoughts remain same. Overall a very good read. --ByAbhishekon 18 August 2017

Read if you just started investing and looking for how to proceed towards the path of active and disciplined investing. Although I am an active investor for last 10 years, it renewed my concept and made me to look into the areas where I should concentrate more. --ByDibyendu nath on 2 April 2017

It's a must read for a 10th grader in India especially, if they want to leave the rat race and do something of their own in turn get to know the purpose of their life. --ByAmazon Customeron 18 July 2017

Edition details

• Publisher: Warner Books Inc
• Publication date: 2001
• ISBN 10: 0446611093
• ISBN 13: 9780446611091
• Binding: Mass Market Paperback
• Language: English
• Number of pages: 266