Rich Dad Poor Dad
Robert Kiyosaki
Rich Dad Poor Dad
by Robert Kiyosaki
The #1 personal finance book of all time. Learn the difference between assets and liabilities, and why the rich don't work for money.
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Our Review
Rich Dad Poor Dad is the book that started the personal finance revolution. Kiyosaki contrasts the financial philosophies of his two "dads" — his biological father (poor dad) who believed in job security and traditional education, and his best friend's father (rich dad) who believed in financial education and building assets. The book's core message is simple but powerful: the rich buy assets, the poor buy liabilities they think are assets. While some criticize the book for lacking specific investment advice, its real value lies in fundamentally shifting how you think about money. This is the book that makes you question everything you were taught about work, savings, and wealth.
Key Takeaways
- 1
The rich don't work for money — they make money work for them
- 2
An asset puts money in your pocket; a liability takes money out
- 3
Your house is not an asset — it's a liability
- 4
Financial literacy is more important than earning a high salary
- 5
Mind your own business — build assets on the side while keeping your day job
Who Should Read This Book?
- ✓
Anyone who was never taught about money in school
- ✓
People stuck in the paycheck-to-paycheck cycle
- ✓
Young adults starting their financial journey
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