Description
Written by Robert Kiyosaki and Sharon Lechter in 1997, Rich Dad Poor Dad is based mostly on Kiyosaki’s young days spent in Hawaii. Enriched by Kiyosaki’s personal experience and the teachings he received from his rich dad and poor dad, the book highlights different attitudes towards money, work and life.
Framed around six main teachings and lessons, the book is mostly a self-reflection. Apart from the financial benefits, the book also describes and highlights the teachings he got from his poor dad, i.e., empathy and responsibility towards society.
Described as a personal finance book, it has not only challenged, but has also changed the way people think about money. The book talks about Kiyosaki’s background, his business ventures and investments and variation between possessions and liabilities and what importance they both have in terms of starting and owning a business. It also sheds light on the teachings given by rich to their kids, which is usually missed by poor as well as the middle class parents and why it is important to have financial literacy over and above all.
It also provides impetus on doing work for learning and not for earning and teaches the importance of investing and building business. This path-breaking book also showcase how one must be prepared to take action and risk and communicates the idea of how one’s primary residence is a liability and not an asset. It communicates the importance of intelligence and literacy in terms of finance and how financial and entrepreneurial skills play a vital role in the success. How to use power and prosper with the help of investment skills and why it is important to possess investment skills are also written in clear and crisp words in this book.
Rajesh Mahato (Verified Purchase)
This book is revolutionary. It completely changed my perspective about looking at money and I believe it made me a bit financially aware and in authors own words “Financially Intelligent”. I believe everyone should read this book in this life, yeah, it’s that good
sukanya ghosh (Verified Purchase)
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.
Suresh Babu Maddineni (Verified Purchase)
This book is the Bible for investing and learning bout managing money…. Awesome…. Timeless lessons written in a very engaging style
RATUL BORO (Verified Purchase)
Gives very simple lessons and learnings to implement. You will see a mirror in front of you while you read this book. Loved it and will ask my kid to also read it.
Nitesh Roy (Verified Purchase)
if you wish to focus on your financial status. its a good book to read. at least it can impart in you the sense of managing your own finance.