Rich Dad Poor Dad is a personal finance book written by Robert Kiyosaki. It was published in 1997 and has sold millions of copies worldwide. The book is based on Kiyosaki’s own experiences growing up in Hawaii and his observations of the differences between his own father (the “poor dad” of the title) and his friend’s father (the “rich dad”).
Robert Kiyosaki is an American businessman, author, and motivational speaker. He is best known for his book Rich Dad, Poor Dad, which has sold over 32 million copies worldwide and has been translated into over 60 languages. The book explores the mental distinctions between “rich” and “poor” people and provides guidance on how to achieve financial success. read more about author on wikipedia
Rich Dad Poor Dad Summary & Review
The book is written by Robert Kiyosaki and Sharon Lechter. In the book, Robert Kiyosaki explains that there are two types of people in this world. One group is called the rich, and the other group is called the poor. He goes on to explain that the rich are those who invest their money wisely, while the poor are those who waste their money.
The book promotes financial literacy and provides guidance on how to accumulate wealth and reach financial independence. It has been widely praised for its accessible and engaging approach to personal finance and has become a bestseller in the United States and many other countries.
Read Book : Long distance real esate investing
The importance of financial education, the distinctions between assets and liabilities, the role of investing in accumulating wealth, and the value of having multiple sources of income are just a few of the many topics covered in the book. It also offers advice on how to overcome common financial challenges, such as debt and a lack of savings, and how to create a financial plan that can help you achieve your goals.
Overall, Rich Dad Poor Dad is a popular and influential book that has helped many people learn about personal finance and build wealth. It is known for its accessible and engaging style and for providing practical advice that can help readers improve their financial situation.
Lessons You Learn From This Book
The six lessons outlined in Robert Kiyosaki’s book “Rich Dad Poor Dad” are as follows:
- The importance of financial education and learning how to manage money wisely.
- The difference between “good” and “bad” debt, and the potential benefits of leveraging debt to build wealth.
- The importance of building passive income streams, rather than relying solely on a traditional job for income.
- The value of investing in assets that appreciate in value over time, rather than just spending money on liabilities that depreciate.
- The need to embrace a “growth” mindset and be willing to take calculated risks in order to achieve financial success.
- The importance of surrounding yourself with successful, like-minded people who can support and mentor you on your journey towards financial freedom
Rich Dad Poor Dad Read Online
This book will teach you how to become wealthy. Every person should read Rich Dad Poor Dad book online or offline to learn how to save money, invest wisely, and build wealth. For anyone who wishes to become wealthy, this book is a must-read. You can also download urdu version from given links.
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