Rich Dad Poor Dad - Robert T. Kiyosaki

Rich Dad Poor Dad - Robert T. Kiyosaki is a free book

Rich Dad Poor Dad will…

Explode the myth that you need to earn a high income to become rich

Challenge the belief that your house is an asset

Show parents why they can’t rely on the school system to teach their kids about money

Define once and for all an asset and a liability

Teach you what to teach your kids about money for their future financial success

Robert Kiyosaki has challenged and changed the way tens of millions of people around the world think about money. With perspectives that often contradict conventional wisdom, Robert has earned a reputation for straight talk, irreverence, and courage. He is regarded worldwide as a passionate advocate for financial education.

“The main reason people struggle financially is because they have spent years in school but learned nothing about money. The result is that people learn to work for money… but never learn to have money work for them.” – Robert KiyosakRich Dad Poor Dad is a 1997 book written by Robert Kiyosaki and Sharon Lechter. It advocates the importance of financial literacy (financial education), financial independence and building wealth through investing in assets, real estate investing, starting and owning businesses, as well as increasing one's financial intelligence (financial IQ) to improve one's business and financial aptitude. Rich Dad Poor Dad is written in the style of a set of parables, ostensibly based on Kiyosaki's life.

Rich Dad Poor Dad is based mostly on Kiyosaki's young days spent in Hawaii. Enriched by Kiyosaki’s personal experience and the teachings he received from his rich dad and poor dad, the app highlights different attitudes towards money, work and life.

Framed around six main teachings and lessons, the app is mostly a self-reflection. Apart from the financial benefits, the app also describes and highlights the teachings he got from his poor dad, i.e., empathy and responsibility towards society.

Described as a personal finance app, it has not only challenged, but has also changed the way people think about money. The book talks about Kiyosaki’s background, his business ventures and investments and variation between possessions and liabilities and what importance they both have in terms of starting and owning a business. It also sheds light on the teachings given by rich to their kids, which is usually missed by poor as well as the middle class parents and why it is important to have financial literacy over and above all.

It also provides impetus on doing work for learning and not for earning and teaches the importance of investing and building business. This path-breaking app also showcase how one must be prepared to take action and risk and communicates the idea of how one’s primary residence is a liability and not an asset. It communicates the importance of intelligence and literacy in terms of finance and how financial and entrepreneurial skills play a vital role in the success. How to use power and prosper with the help of investment skills and why it is important to possess investment skills are also written in clear and crisp words in this book.

Rich Dad Poor Dad is a book written by Robert Kiyosaki. It advocates the importance of financial literacy (financial education), financial independence and building wealth through investing in assets, real estate investing, starting and owning businesses, as well as increasing one's financial intelligence (financial IQ) to improve one's business and financial aptitude.

The app also talks of the importance of investment and free enterprise and urges the prospective investors and businessmen to learn from others, especially from rich people and generate new ideas to excel and succeed in life.

Termed as New York-Times bestseller, the book has been a boon for management and financial aspirants.

Lesson #1 The Rich Don't Work for Money

Lesson #2 Why Teach Financial Literacy?

Lesson #3 Mind Your own Business

Lesson #4 The History of Taxes and the Power of Corporations