Rich Dad Poor Dad - a quick book summary
Robert Kiyosaki’s Rich Dad Poor Dad was first published in 1997 and quickly became a must-read for people interested in investing, money, and the global economy. The book has been translated into dozens of languages, sold around the world, and has become the #1 Personal Finance book of all time.
The overarching theme of Rich Dad Poor Dad is how to use money as a tool for wealth development.
It destroys the myth that the rich are born rich, explains why your personal residence may not really be an asset, describes the real difference between an asset and a liability, and much more.
Key Takeaways/Lessons Learned
Six lessons Robert Kiyosaki learned from his Rich Dad about making money and the mistakes that Poor Dad made
Five obstacles to overcome before you can become rich and stay rich
Ten steps to follow to develop your financial genius
Actionable to-do steps you can put to work right away
Chapter/Section Summaries
Rich Dad Poor Dad contains a total of ten chapters plus the introduction, but much of the book is focused on the first six parts or lessons.
We’ll cover the introduction and the first six lessons first, then the remaining four sections later in this review.
Introduction: Rich Dad Poor Dad
Chapter 1: The Rich Don’t Work for Money
Chapter 2: Why Teach Financial Literacy?
Chapter 3: Mind Your Own Business
Chapter 4: The History of Taxes and the Power of Corporations
Chapter 5: The Rich Invent Money
Chapter 6: Work to Learn – Don’t Work for Money
Reyaan
15-Apr-2022 04:05 PM
Nice 👌
Reply
Sachin dev
15-Apr-2022 02:16 PM
Very nice 👌
Reply