Rich Dad Poor Dad – A book which will change your thinking towards money management
In this book, Robert Kiyosaki explains
about the financial literacy which he learnt from his two fathers. Now you must
be thinking how come a person has two fathers? Oh! One of them must be his
biological father and the other one should be his step-father. But this is not
true.
The second father of Robert
was not his step-father. He considered the father of his best friend has his
second father from whom he acquired a vast knowledge about the financial
management. He considered his biological father as ‘Poor Dad’ and the second
father as ‘Rich Dad’.
Robert states in his book that
he used to get knowledge about money and finances from both his father since
the time when he was only nine years old. While growing up, he received two
different points of view from both his father where he used to compare both
point of views and then chooses the better option.
His poor dad would say the
love of money is the root of all evil while the rich dad said the lack of money
is the root of all evil. Poor dad used to tell him to educate himself as much
as possible so that he can find a good company to work for. While his rich dad
used to tell him to educate himself, so that he can find a good company to buy.
Poor dad told him to work for money, but rich dad told him to learn to make the
money work for you.
Robert Kiyosaki has shared the
six lessons which he learnt from his rich dad. He considered these six lessons
as the guideposts which will change the thinking of an individual with regard
to financial management. The book does not tell you about the tricks of making
money quickly. Rather it tells you to change your perspective with regard to
the circumstances related to money. It encourages you to learn about the
financial management that will enable you to grow richer day by day. In a
nutshell, Rich Dad Poor Dad will…
- explode the myth that you need to earn a high income to become rich.
- challenge the belief that your house is an asset
- show parents why they can’t rely on the school system to teach their kids about money
- define, once and for all, an asset and a liability
- explain the difference between good debt and bad debt
- teach you to see the world of money from different perspectives
- discuss the shift in mindset that can put you on the road to financial freedom
Rich Dad Poor Dad has sold
over 35 million copies in English and translated editions around the world. So,
what are you waiting for? Take your first step towards becoming wealthier.
Order your copy now. And if you have already read this book then don’t forget
to share your experience in the comment section.
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