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Rich Dad Poor Dad

What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not!
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( 650,533 ratings, 24,710 reviews)
Book Hero Magic crafted this summary to help describe this book. While it's new and still learning, it may not be perfect - your feedback is welcome! Summary
Rich Dad Poor Dad by Robert T. Kiyosaki is a personal finance classic that contrasts the financial philosophies of two different father figures: the author’s own educated but financially struggling father and his friend’s wealthy, financially savvy father. Through anecdotes and lessons from both figures, Kiyosaki imparts insights on financial literacy, wealth building, and the importance of investing for financial independence. The book encourages readers to challenge traditional mindsets about money to achieve personal and financial success.
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Format: Paperback / softback
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Book Hero Magic created this recommendation. While it's new and still learning, it may not be perfect - your feedback is welcome! IS THIS YOUR NEXT READ?

You might enjoy this book if you're interested in transforming your financial mindset and learning about wealth-building strategies. The author contrasts the financial philosophies of two father figures, offering insights on investing, money management, and financial independence. Its straightforward approach makes it accessible and inspiring for those seeking personal development in financial literacy.

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Rich Dad Poor Dad

Includes an excerpt from the author's Rich dad's cash flow quadrant.

Book Hero Magic formatted this description to make it easier to read. While it's new and still learning, it may not be perfect - your feedback is welcome! Description

It's been nearly 25 years since Robert Kiyosaki's Rich Dad Poor Dad first made waves in the Personal Finance arena. It has since become the #1 Personal Finance book of all time, translated into dozens of languages and sold around the world.

Rich Dad Poor Dad is Robert's story of growing up with two dads - his real father and the father of his best friend, his rich dad - and the ways in which both men shaped his thoughts about money and investing. The book explodes the myth that you need to earn a high income to be rich and explains the difference between working for money and having your money work for you.

25 Years...20/20 Hindsight

In the 25th Anniversary Edition of this classic, Robert offers an update on what we've seen over the past 25 years related to money, investing, and the global economy. Sidebars throughout the book will take readers "fast forward" - from 1997 to today - as Robert assesses how the principles taught by his rich dad have stood the test of time.

In many ways, the messages of Rich Dad Poor Dad, messages that were criticised and challenged two decades ago, are more meaningful, relevant, and important today than they were 25 years ago.

As always, readers can expect that Robert will be candid, insightful, and continue to rock more than a few boats in his retrospective.

Will there be a few surprises? Count on it.

Rich Dad Poor Dad ...

  • Explodes the myth that you need to earn a high income to become rich
  • Challenges the belief that your house is an asset
  • Shows parents why they can't rely on the school system to teach their kids about money
  • Defines once and for all an asset and a liability
  • Teaches you what to teach your kids about money for their future financial success

Book Hero Magic summarised reviews for this book. While it's new and still learning, it may not be perfect - your feedback is welcome! HOW HAS THIS BEEN REVIEWED?

Rich Dad Poor Dad by Robert T. Kiyosaki receives praise for its engaging narrative, which introduces financial education through contrasting lessons from two father figures. Readers appreciate its simple explanations of financial principles, particularly the emphasis on assets versus liabilities. Some critics, however, argue that the book lacks detailed practical advice and leans heavily on personal anecdotes.

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Book Details

INFORMATION

ISBN: 9781612681139

Publisher: Plata Publishing

Format: Paperback / softback

Date Published: 19 May 2022

Country: United States

Imprint: Plata Publishing

Edition: 25th Anniversary Edition

Illustration: Illustrations

Audience: General / adult

DIMENSIONS

Width: 107.0mm

Height: 190.0mm

Weight: 0g

Pages: 336

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A
Alexander
Essential life reading

If you want to understand the basics to personal wealth then it's imperial you start here with this book.

About the Author

Best known as the author of Rich Dad Poor Dad—the #1 personal finance book of all time—Robert Kiyosaki has challenged and changed the way tens of millions of people around the world think about money. He is an entrepreneur, educator, and investor who believes that each of us has the power to makes changes in our lives, take control of our financial future, and live the rich life we deserve. With perspectives on money and investing that often contradict conventional wisdom, Robert has earned an international reputation for straight talk, irreverence, and courage and has become a passionate and outspoken advocate for financial education. Robert's most recent books—Why the Rich Are Getting Richer and More Important Than Money—were published in the spring of last year to mark the 20th Anniversary of the 1997 release of Rich Dad Poor Dad. That book and its messages, viewed around the world as a classic in the personal finance arena, have stood the test of time. Why the Rich Are Getting Richer, released two decades after the international blockbuster bestseller Rich Dad Poor Dad, is positioned as Rich Dad Graduate School. Robert has also co-authored two books with Donald Trump, prior to his successful bid for the White House and election as President of the United States.

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