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Rich Dad Poor Dad: What The Rich Teach Their Kids About Money

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Rich Dad Poor Dad:

By Robert T.Kiyosaki.

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Rich Dad Poor Dad by R.T. Kiyosaki — a book that not only defies conventional beliefs about money, wealth and education but it also has its unique list of no-use-shit stuff you can learn exclusively from the rich according to his dad! • Using his own “poor dad” example versus the story of how he grew up with a mentor as his best friends ‘rich dad’, Kiyosaki shows two sides to money, one that will get you rich and give back or spend another way leading either into wealth, poverty or in debt.

It provides a foundational framework to attain financial freedom, drawing an itinerary which takes reference from money management and why putting your money into assets rather than liabilities is important. Kiyosaki introduces concepts like passive income, owning your own business and the benefits of real estate (and other businesses) as a way to build wealth. The ‘poor dad’ spouts safe advice about more education and job security, while the ‘rich dad’ batters home gut-wrenching maxims advocating risk-taking and acquiring assets to generate cash flow, not just relying on a high salary.

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