Rich Dad, Poor Dad
By Robert Kiyosaki
Rich Dad, Poor Dad is Robert Kiyosaki’s story of growing up with two dads, one his real father and the other his friend’s. Robert Kiyosaki is a multi-millionaire who built his wealth on the mindset that he fostered from his upbringing by both men. Rich Dad was all about going against the grain, and putting the hard work in to learn how money can work for you. Poor Dad was more interested in landing a good job to achieve a stable life. Both had lessons to learn from, but only one became one of the richest men in Hawaii.
“You’re only poor if you give up. The most important thing is that you did something. Most people only talk and dream of getting rich. You’ve done something.”
Thoughts
Robert Kiyosaki is looked at as a master in building wealth. But what he wants you to know is that anyone can become a millionaire. The only catch is that it probably goes directly against what your parents told you about creating a successful life. Rich Dad, Poor Dad takes an interesting approach to helping its readers understand why most of their upbringing in the school system and from their parents will not allow them to achieve financial freedom. Kiyosaki discusses his approach to building a real estate empire, investing in pre-IPO stocks, and managing taxes to allow your money to work harder for you instead of relying on a paycheck or a low yield savings account. Touted as one of the best books on wealth I personally think it lives up to the hype. Unfortunately (as with all books on wealth) it doesn’t tell you exactly what you need to do, but it does provide a strong foundation to start with. Whether you’re done with the 9 to 5 life or you just need that extra kick to start thinking about building wealth this is a must have on your bookshelf.
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