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Rich Dad, Poor Dad by Robert Kiyosaki, Sharon L. Lechter

Rich Dad, Poor Dad

What the Rich Teach Their Kids about Money--that the Poor and the Middle Class Do Not!

by Robert Kiyosaki, Sharon L. Lechter
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  • Apr 2000, 223 pages
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There are currently 22 reader reviews for Rich Dad, Poor Dad
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Ruth Anayochukwu

FANTASTIC??
It's a very nice book with lots of morals. It's very educational.
Rashi

Rich Dad Poor Dad
"Rich Dad Poor Dad" by Robert Kiyosaki is a thought-provoking and eye-opening book that challenges conventional notions about money, wealth, and financial education. With its unique narrative style and insightful teachings, the book provides readers with a fresh perspective on how to achieve financial success and independence.

Kiyosaki contrasts the financial philosophies of his "rich dad" (his best friend's father) and his "poor dad" (his biological father). Through their differing beliefs and approaches to money, Kiyosaki explores the idea that financial literacy and mindset are more important than income. He emphasizes the significance of learning about money, investing, and making it work for you, rather than working for money alone.

One of the book's strengths lies in its ability to simplify complex financial concepts. Kiyosaki breaks down topics like assets, liabilities, and passive income in a way that is easy to understand for readers with limited financial background. His use of personal anecdotes and relatable examples helps drive home his key points effectively.

The concept of "making money work for you" is a recurring theme throughout the book. Kiyosaki encourages readers to shift their mindset from being employees to becoming investors and entrepreneurs. He advocates for taking calculated risks and seeking opportunities to generate passive income streams, which ultimately lead to financial freedom.

However, some critics argue that the book oversimplifies certain aspects of financial planning and investing. The advice to invest in real estate and start one's own business might not be suitable for everyone, as these endeavors come with their own risks and challenges. Additionally, Kiyosaki's criticism of formal education might be polarizing for some readers, as education remains an important factor in achieving success in various fields.

In conclusion, "Rich Dad Poor Dad" is a must-read for those looking to expand their financial knowledge and break free from traditional financial norms. While not every piece of advice may apply to all readers, the book's underlying message about financial education, mindset, and the pursuit of financial independence is undeniably valuable. Robert Kiyosaki's candid storytelling and unconventional wisdom make this book a compelling read for anyone seeking to reshape their financial future.
Nitheesh Kumar T

What I learnt from this book
This book is one of decoding tool for money. The best thing I had learnt is "the biggest risk in your life is not taking any risk in your life". If you want to know about money this book will teach you some many things about money making. So I will prefer this as one of the best book for learn about money.
Wofai Peace

Inspiring
Never knew what to do or how to go about making my money until I met this genius...my sister loves it too
Rathod Roshani

very good
When I started to read this book I learned lots of new things and business ideas. I realize the importance of money. This book is really very good.
Yoven

Reader
Motivating!
Aman Bhandari

nothing
Love it - very strong
Razaz Elghali

It was amazing
The book was really good, and I actually learnt new things that the teachers at school didn’t teach us. I am very happy that I read this book.
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