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Rich Dad Poor Dad

“What the rich teach their not teach about taxes, money management. This is
kids about money, that the the reason why people stay poor. The first topic
poor and middle class don’t.” starts with The Rich Don’t Work for Money. So,
Robert T. Kiyosaki what do they work for? This book helps us
understand how the rich create multiple sources of
Rich Dad Poor Dad is a book
income by building assets. Robert has explained the
written in 1997 by Robert
difference between assets and liabilities in a
K i y o s a k i , w h o i s a
Hrishikesh Deshmukh perspicuous manner so that anyone can understand
businessman and author. Robert Kiyosaki is the
it. Robert also explained how the poor spend their
founder of Rich Global LLC & Rich Dad Company.
money on liabilities and stay broke how one can
The book teaches us the importance of financial
become rich by gaining financial knowledge and
literacy, money management, self-education,
how one can make money while sleeping by means
entrepreneurship, passive income and most
of passive income.
importantly how to make money work for you. This
book is one of the best financial self-help books and The book helps us to understand how the schools
a bestseller. are designed to make one ready for a job but how
the schools lack in financial aptitude. It also helps
We often see that people struggle financially
us to understand that how the rich invest their
throughout their life. They spend lots of money on
money & generate income. This book teaches us
schools & colleges to get a degree, so that they can
about learning and skills that are essential for
get a good job, live the kind of life they always
financial education. So, it does not matter if you are
want. But this does not usually happen because
18-years-old or 50-years-old. This book is one of
these people haven’t learnt anything about the
the best books written on financial education. So,
money. The schools and colleges focus on formal
what are you waiting for? Get your copies now.
education. They don’t teach financial literacy and
due to this lack of financial knowledge and
financial discipline they struggle with money their
entire life.
It’s not how much money you make but how
much money you keep.
In his book Rich Dad Poor Dad Robert Kiyosaki
talks about his two dads, one who is Robert’s own
dad whom he calls the Poor dad and the second dad
whom Robert calls the Rich dad, who is Robert’s
friend Mike’s dad. The Poor dad holds a PhD and is
of the mentality of traditional way of imparting the
education, like go to school, get a degree, get a job
and work for the rest of your life, whereas the Rich
Dad is an 8th grade dropout and thinks that real
knowledge lies in financial education, skills,
creating multiple sources of income & making
money work for yourself. Robert decides to follow
and take advice from Rich dad.
Formal education does not teach us about financial
freedom; it does not teach us about financial
literacy, how to grow money and how to create
multiple sources of income. Formal education does

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