- Reading level: 12.00+ years
- Mass Market Paperback: 274 pages
- Publisher: Perseus Books Group; 1st edition (16 August 2011)
- Language: English
- ISBN-10: 1612680011
- ISBN-13: 978-1612680019
- Product Dimensions: 10.8 x 0.6 x 17.8 cm
- Average Customer Review: 2,826 customer reviews
Rich Dad Poor Dad: What the Rich Teach their Kids About Money that the Poor and Middle Class Do Not! Mass Market Paperback – 16 Aug 2011
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Personal-finance author and lecturer Robert Kiyosaki developed his unique economic perspective through exposure to a pair of disparate influences: his own highly educated but fiscally unstable father, and the multimillionaire eighth-grade dropout father of his closest friend. The lifelong monetary problems experienced by his "poor dad" (whose weekly paychecks, while respectable, were never quite sufficient to meet family needs) pounded home the counterpoint communicated by his "rich dad" (that "the poor and the middle class work for money," but "the rich have money work for them"). Taking that message to heart, Kiyosaki was able to retire at 47. Rich Dad, Poor Dad, written with consultant and CPA Sharon L. Lechter, lays out his the philosophy behind his relationship with money. Although Kiyosaki can take a frustratingly long time to make his points, his book nonetheless compellingly advocates for the type of "financial literacy" that's never taught in schools. Based on the principle that income-generating assets always provide healthier bottom-line results than even the best of traditional jobs, it explains how those assets might be acquired so that the jobs can eventually be shed. --Howard Rothman
About the Author
About the Author: Robert T. Kiyosaki is an American investor, businessman, self-help author, motivational speaker, financial activist and financial commentator. Kiyosaki is the bestselling author of the Rich Dad Poor Dad series of motivational books and several other publications published under the Rich Dad brand. Having written over 15 books, with combined sales of over 26 million copies, he also has a blog and maintains a monthly column on Yahoo Finance. He writes about his latest thoughts on global economics, investing, business, world financial markets and personal finance on Yahoo.
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Educating our self about finance management is very important and this book teaches that.
First few chapters repeatedly emphasize the distinction between the perspectives held by rich and poor with respect to money. Moving ahead you'll find the rational about what makes an individual either rich or poor, which is very eloquently explained by the author. Nice narrative with real life references.
Whether we make money to get rich or not just by reading this book is not the point of concern, but the importance of the content of this book is that it reflects on the mindsets we all tend to develop over a period of time. This, at the least helps us in focusing on making a financial plan for the days ahead of us.
By far the best financial book written in very simple, readable and understandable
language even for a layman.
Not only financial intelligence, the book focuses on searching new avenues and opportunities which are available to us but we can't recognise or hesitate or fear in doing them. The book guides in taking calculated risk instead of blind risk and probability of Winning and Succeeding increases.
My life changing guide...
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