Since its debut in 1997, Robert T. Kiyosaki’s Robert Kiyosaki’s Rich Dad, Poor Dad has been a landmark among personal finance books, a best-seller that has sold nearly 40 million copies worldwide.
“Rich Dad Poor Dad” is the story of two fathers; one has a collection of degrees and diplomas and the other is a high school drop-out. When the overqualified father dies, he will leave next to nothing behind, and even a few unpaid bills here and there.
The school drop-out father will become one of the richest men in Hawaii and will pass on an empire to his son. Throughout his life, the former would say things like “I can’t afford to treat myself to this or that”, while the latter would say: “How can I treat myself?” Rich Dad Poor Dad
The rich father in this book teaches two small boys some invaluable lessons about money through their own experiences. The most important one is undoubtedly to understand on how to best use your mind and your time to create your own wealth through business and investments.
Get out of the rat race. Learn how to seize opportunities, find solutions, take care of your business and investments and most especially, learn how to make money work for you and not be its slave!
The expressions “poor” and “rich” are used by Kiyosaki in order to explain what type of behavior is preferable in order to have financial freedom. It is not about judging yourself on the current state of your finances and your richness.
Some pearls of wisdom from the book Rich Dad Poor Dad:
- You are the image of your thoughts,
- Being an employee is a short-term solution to a long-term problem,
- A slave, even if he is paid a fortune, remains a slave,
- What is the point of wanting to rise through the ranks of a company when you can own a company?
2 paths diverged in a wood, and I –
I took the one less traveled by,
And that has made all the difference.
Robert Frost, The Road Not Taken
- The original idea of the book Rich Dad,Poor Dad, and also the extremely effective presentation of educational financial concepts are not as simple as they seem.
- An incredibly motivating book inspired by the personal experience of the author, who is himself a millionaire,
- There are countless testimonies from people across the web who say they got started in network marketing, real estate investment or opened a business after reading the book Rich Dad,Poor Dad.
- A certain lack of detail in some areas mentioned by the author is regrettable.
- As he says himself, his books are motivational tools, not books by a financial expert.