Book Review: "Rich Dad Poor Dad" by Robert Kiyosaki.

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Overview:

"Rich Dad Poor Dad" by Robert Kiyosaki is a personal finance and wealth-building book that challenges conventional wisdom about money. The book is based on the author's own experiences with his two dads: his real father, who was highly educated but struggled financially, and his best friend's father, who was an entrepreneur and achieved great financial success. Here are some of the key ideas from the book review:

The importance of financial education: 

The author emphasizes the need to become financially literate and understand the difference between assets and liabilities.

The concept of the cash flow quadrant: 

The book describes the four different ways people can earn money: as an employee, a self-employed person, a business owner, or an investor. The author argues that moving from the left side of the quadrant (employee or self-employed) to the right side (business owner or investor) is key to achieving financial freedom.

The power of assets: 

The author emphasizes the importance of acquiring assets, which are things that put money in your pocket, rather than liabilities, which take money out of your pocket. The book advocates for building a portfolio of assets, such as real estate or stocks, to generate passive income.

The value of taking risks:

The author encourages readers to take calculated risks in order to achieve financial success. He argues that fear and a lack of financial education often hold people back from taking risks and building wealth.

Overall, "Rich Dad Poor Dad" provides a different perspective on personal finance and wealth-building and encourages readers to think differently about money and how to achieve financial success.

About the Author: Robert Kiyosaki is an American entrepreneur, investor, and author. He is best known for his personal finance and wealth-building book "Rich Dad Poor Dad," which has sold millions of copies worldwide. Kiyosaki is also the founder of the Rich Dad Company, which provides financial education products and services. He has written numerous other books on personal finance, investing, and entrepreneurship, and is a popular speaker and educator on these topics. Kiyosaki's teachings emphasize the importance of financial education, building assets, and taking calculated risks to achieve financial success. He has been a controversial figure in the personal finance world, with some critics questioning the validity of his advice.

Buy Now! Rich Dad Poor Dad