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Rich Dad Poor Dad

Rich Dad Poor Dad PDF, EPUB & MOBI free Download is a 1997 book written by Robert T. Kiyosaki and Sharon Lechter. It advocates the importance of financial literacy, financial independence and building wealth through investing in assets, real estate investing, starting and owning businesses, as well as increasing one's financial intelligence. 

Rich Dad Poor Dad Book by Robert Kiyosaki and Sharon Lechter

“Rich Dad Poor Dad” is a bestselling personal finance book written by Robert Kiyosaki and co-authored by Sharon Lechter. The book was first published in 1997 and has since gained immense popularity worldwide for its unique perspective on money, investing, and financial education.

The book is written in the form of a memoir, where Kiyosaki shares his life experiences growing up with his “rich dad” (his best friend's father) and his “poor dad” (his biological father). Kiyosaki uses contrasting lessons from both his “rich dad” and “poor dad” to illustrate the differences in their financial mindsets and how they influenced his own approach to money.

One of the key lessons from “Rich Dad Poor Dad” is the importance of financial education. Kiyosaki argues that traditional education often fails to teach people how to manage money and build wealth, which he believes is a significant reason why many people struggle financially. He emphasizes the need to learn about money, investing, and financial literacy as essential skills for building wealth.

The book also challenges conventional wisdom about money and investing. Kiyosaki advocates for investing in assets that generate income, such as real estate and businesses, rather than relying solely on a traditional job and saving money. He introduces the concept of “assets” and “liabilities,” where assets are defined as things that put money in your pocket, and liabilities are defined as things that take money out of your pocket. Kiyosaki encourages readers to focus on acquiring assets and minimizing liabilities as a path to financial success.

Another central theme in the book is the importance of taking risks and being open to opportunities. Kiyosaki shares anecdotes from his own life, where he took calculated risks and made unconventional choices to build his wealth. He argues that being financially successful often requires stepping out of one's comfort zone, embracing financial challenges, and having a mindset of continuous learning and growth.

“Rich Dad Poor Dad” has received both praise and criticism. Some readers find its practical advice on personal finance and investing to be eye-opening and inspiring, while others criticize its simplistic approach to complex financial matters and argue that Kiyosaki's anecdotes may not be universally applicable.

In conclusion, “Rich Dad Poor Dad” is a popular personal finance book that challenges traditional financial wisdom and encourages readers to adopt a mindset of financial education, risk-taking, and asset-building. Whether you agree or disagree with its principles, the book has undoubtedly made a significant impact on the financial literacy landscape and has inspired many readers to rethink their approach to money and investing.

See also  100 Ways to Motivate Yourself: Change Your Life Forever

Originally published: 1997

Authors: Robert KiyosakiSharon Lechter

Original language: English

Genres: Personal finance, Non-fiction

Cover artist: InSync Graphic Design Studio

ISBN: 0-446-67745-0

“ Don't count the days, make the days count. ”

Muhammad Ali

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