This book reminds me a lot of the legendary “The Richest Man in Babylon” by George Clayson which is another great book you should pick up if you haven’t already.
Here is what the description says:
Rich Dad Poor Dad, the #1 Personal Finance book of all time, tells the story of Robert Kiyosaki and his 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.
This book is not just about money. It’s about how we are taught to think. How we are programmed by schools, family, and friends to look at the rich as greedy no good bloodsuckers and opportunities as risks. It is an attempt to reprogram minds to look at why we do what we do.. why do we buy all these shoes, clothes, cars, jewellery.. have we earned it or are we just trying to maintain an image?
- Have your own work and work for yourself.
- Your job is different than your trade. You should have your own trade and Job.
- You should do stuff what You like to do (as successful people).
- The rich buy assets. The poor only have expenses. The middle class buys liabilities they think are assets. The poor and the middle-class work for money. The rich have money work for them.
- You should read this book.
Rich Dad Poor Dad is the very best book available for those who want to become wealthy or at the very least, attain a moderate level of financial freedom.
I think some people miss the point and think this is a “get rich quick” book. Clearly, it is not. You can get rich quicker though and this book explains how. No book stays on the best-seller lists this long. A book that has this many 5 star reviews on Amazon with continuing high book sales without having something worthwhile to share.
Rich Dad, Poor Dad is the story of Kiyosaki’s upbringing in Hawaii and his two fathers – one rich father (not biological, the father of a friend) and one poor father (his real father). Robert Kiyosaki was forced to choose between following in the footsteps of his poor father, a highly educated government worker, or his rich father – an entrepreneur who never graduated high school.
Ultimately, Kiyosaki decides to learn from his rich dad, I mean who wouldn’t? The book focuses mostly on the education and financial advice Kiyosaki learned from his rich dad. His rich father was able to create a multi-million dollar empire from virtually nothing, using his financial acumen and the power of his imagination.
The book focuses mostly on the education and financial advice Kiyosaki learned from his rich dad. His rich father was able to create a multi-million dollar empire from virtually nothing, using his financial acumen and the power of his imagination.
Here is a video explaining the basic principals behind the book much better than I can.
Rich Dad Poor Dad is an excellent book and I highly recommend it if you want to start your own business.