"Rich Dad Poor Dad" is a personal finance book written by Robert Kiyosaki. The book shares Kiyosaki's experiences growing up with two fathers: his real father (poor dad) and the father of his best friend (rich dad). Through contrasting their different approaches to money and wealth, Kiyosaki imparts valuable financial lessons.
In "Rich Dad Poor Dad," Kiyosaki challenges conventional wisdom about money and highlights the importance of financial literacy and building assets. He encourages readers to adopt a mindset that focuses on creating passive income through investments and entrepreneurship, rather than relying solely on a paycheck.
The book covers various topics, including the importance of financial education, the difference between assets and liabilities, and the power of taking calculated risks. Kiyosaki emphasizes the value of financial independence and escaping the "rat race" of working for money.
"Rich Dad Poor Dad" serves as a motivational guide, providing readers with insights and strategies to change their mindset and approach to money. By embracing the principles outlined in the book, readers can gain a better understanding of how to achieve financial success and create a more secure future.
About the Author
In 1974, Kiyosaki’s career and life were transformed after attending an Erhard Seminars Training session. He then went on to found the Rich Global LLC and Rich Dad Company, the latter of which provides personal financial education through literature and multimedia products. Aside from Rich Dad Poor Dad, Kiyosaki has written over 25 books. Rich Dad Poor Dad has sold over 27 million copies internationally. Kiyosaki has founded several business ventures, including a retail clothing company and a velcro wallet company, both of which have since gone bankrupt.
