Rich Dad Poor Dad by Robert Kiyosaki
Rich Dad Poor Dad: What The Rich Teach Their Kids About Money That the Poor and Middle Class Do Not! is one of the most popular and influential personal finance books ever written. First published in 1997, the book was authored by Robert T. Kiyosaki in collaboration with Sharon Lechter.
The book shares the true-life story of Robert Kiyosaki and his two father figures — his biological father, known as the Poor Dad, and the father of his best friend, known as the Rich Dad. Through their contrasting mindsets, philosophies, and financial habits, Kiyosaki learned powerful lessons that shaped his understanding of money, investing, and financial independence.
The book challenges traditional beliefs about wealth and education. It reveals that financial success is not dependent on earning a high salary, but on gaining financial intelligence, building assets, and making money work for you. Kiyosaki explains key concepts such as:
- Assets vs. Liabilities
- Cash Flow and Passive Income
- Entrepreneurship and Investment Mindset
- The importance of financial education
- Escaping the “Rat Race”
Rich Dad Poor Dad has transformed millions of lives worldwide and continues to inspire readers to rethink their financial decisions and aim for long-term wealth, not short-term income.
This book remains a #1 bestseller in personal finance, making it a must-read for students, entrepreneurs, and anyone seeking financial freedom.
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