custom ad

Saturday, January 28, 2023

A short summary of "Rich Dad Poor Dad" by Robert Kiyosaki.

 "Rich Dad Poor Dad" is a book written by Robert Kiyosaki. The book is based on the lessons Kiyosaki learned from his two "dads": his real father, who was a highly-educated and financially-struggling teacher, and his best friend's father, who was a successful businessman and investor. The book aims to teach readers the difference between traditional financial education and the kind of knowledge that can lead to wealth.

In the book, Kiyosaki argues that the traditional way of thinking about money, which emphasizes saving and investing in stocks and real estate, is not the best way to become rich. Instead, he suggests that one should focus on building assets, such as rental properties, and learning to think like an entrepreneur. Kiyosaki also stresses the importance of financial literacy and the need to understand how money works.

Kiyosaki also emphasizes the importance of taking risks and being willing to fail in order to succeed financially. He argues that the biggest obstacle to achieving financial freedom is fear of failure, and that the key to overcoming this fear is to learn from one's mistakes and to be persistent in the face of setbacks.

Throughout the book, Kiyosaki uses anecdotes and personal stories to illustrate his points, making the book an easy and engaging read. He also provides practical advice and tools to help readers achieve their financial goals.

Overall, "Rich Dad Poor Dad" is a book that encourages readers to think differently about money and how to create wealth. It challenges traditional ideas about financial education and provides practical advice on how to become financially independent.

Read the article on : Best Financial Books

No comments:

Post a Comment

"Rich Dad Poor Dad" by Robert Kiyosaki: 10 key points

"Rich Dad Poor Dad" by Robert Kiyosaki is a personal finance book that offers valuable insights into building wealth and achieving...