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Rich Dad Poor Dad | Short Summary and Keypoints by Robert T. Kiyosaki - literatureguider.blogspot.com

 

Rich Dad Poor Dad

-by Robert T. Kiyosaki

rich dad poor dad summary


Rich Dad Poor Dad is one of the best financial self help book to widen our perspective about money and its association with wealth

Keypoints 

  • Robert Kiyosaki's two dads, his real father (poor dad) and the father of his best friend (rich dad)- the way they think about wealth and investing
  • You don’t need to earn a high income to be rich.
  • Rich people make money work for them.


Summary

In this book, Robert Kiyosaki talks about his two dads; one is his biological father and other is the father of his friend Mike.
Robert’s father holds a PhD degree and goes to a 9-5 job. In Robert’s eyes, his own father is an epitome of a poor man; one who spends his entire life dependent on single source of income.
Contrary, his friend’s father happens to be a college dropout. However, he is always open to opportunities, has multiple sources of income and makes the money work for him. This personality epitomises the rich person for Robert.
However, that doesn’t mean that Kiyosaki frowns upon college education and is suggesting you to drop out. His only point is that formal education only teaches us how to make money but not how to manage and grow it.
The Rich Dad Poor Dad book draws out from the financial intelligence that Robert received from his “Rich Dad” and from his “Poor Dad”.


rich dad poor dad short summary

 

Recommended reading links 

            1. Rich Dad Poor Dad
            2. Think and Grow Rich
            3. The Intelligent Investor

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