RICH DAD POOR DAD
This book is a great read for anyone interested in finances and what it takes to be a wealthy person. In Rich Dad Poor Dad, Robert Kiyosaki summarises the lessons learned from two different perspectives, that of a poor man, and that of a rich man. Drawing on his own experiences, Kiyosaki discusses how to create financial independence through investing, property ownership and building businesses.
About the author
Robert Kiyosaki has written over 20 books, and Rich Dad Poor Dad can be considered the number one personal finance book ever written. He is passionate about sharing his knowledge and founded the Rich Dad company in 1997 dedicated to providing personal and business financial education. Kiyosaki lives in Arizona with his wife Kim and interestingly as a close relationship with Donald Trump. Kiyosaki has co-authored two books with Trump and endorsed him in is 2016 presidential campaign.
In this summary
This summary will discuss five lessons of the rich that Kiyosaki outlines in his book. We’ll begin with the first lesson; the rich don’t work for money followed by lesson number two on the importance of teaching financial literacy. Lesson three covers owning your own business and lesson four discusses the history of taxes. And finally, we’ll discuss lesson five; why you should work to learn, not for money.
“Look around; the richest people didn’t get rich because of their educations. Look at Michael Jordan and Madonna. Even Bill Gates, who dropped out of Harvard, founded Microsoft; he is now the richest man in America, and he’s still in his 30s.”
Kiyosaki point here is that it doesn’t take degrees or years of higher education to make a rich person. You don’t even necessarily need good grades in school. There are other ways to be successful with money, ways that not many people seem to be talking about.
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