“Rich Dad Poor Dad” is a personal finance book written by Robert Kiyosaki. First
“Rich Dad Poor Dad” is a personal finance book written by Robert Kiyosaki. First published in 1997, it has become one of the best-selling personal finance books of all time. The book is structured as a series of lessons Kiyosaki learned from his “rich dad” (his friend’s father) and his “poor dad” (his own father), who had contrasting perspectives on money and wealth.
The central theme of the book revolves around financial literacy and the mindset required to build wealth. Kiyosaki emphasizes the importance of financial education, investing in assets that generate passive income, and thinking outside the traditional employment paradigm to achieve financial independence.
The book challenges conventional wisdom about money, such as the value of formal education versus self-education, the role of risk-taking in wealth-building, and the concept of working for money versus having money work for you.
“Rich Dad Poor Dad” has sparked both praise and criticism. Some readers find its practical advice and motivational tone empowering, while others criticize its simplicity and the lack of specific actionable steps. Nevertheless, it remains a popular and influential book in the realm of personal finance and wealth-building.
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