Rich Dad Poor
Dad is a 1997 book written by Robert
Kiyosaki and Sharon Lechter. Rich Dad Poor Dad is Robert's story
of growing up with two dads , his real father and the father of his best
friend, his "rich dad", and the ways in which both men shaped his
thoughts about money and investing. The book explodes the myth that you need to
earn a high income to be rich and explains the difference between working for
money and having your money work for you.
It advocates the importance of financial
literacy, financial independence and building wealth
through investing in assets, real estate investing, starting and
owning businesses, as well as increasing one's financial intelligence to
improve one's business and financial aptitude. Rich Dad Poor Dad is
written in the style of a set of parables, ostensibly based on Kiyosaki's 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.
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