Sunday, 15 May 2022

Rich Dad Poor Dad by Robert T. Kiyosaki - Book Summary

RICH DAD POOR DAD is a all time number one personal finance book, more than 50 million copies have been sold. In this book, Robert Kiyosaki illustrates the mindsets and beliefs that make rich, rich and poor, poor by comparing the advice of his real dad with the father of the author's best friend.

Robert's biological father was very brilliant and highly educated. Finished his four year undergraduate degree in less that two years, then obtained Masters and PhD at two prestigious universities and reached number one position in the state of Hawaii's educational system. But at the end, he left debts to be paid upon his death, while Robert's mentor - who never ever finished eighth grade - become the richest man in state, leaving 10's of millions to his family and charity.

Robert's both father strongly believed in education but their mindsets are different. This book all about mindset. Poor dad was poor, and rich dad was rich, because of their thoughts about money and the actions to which those thoughts led.

Robert's compares both father's advice and finally accept his rich dad's advice and achieve financial freedom at the age of the 47.

Robert's rich dad teach him 7 key lessons -