Book Review: Rich Dad Poor Dad by Robert Kiyosaki: Take control of your financial future
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About this ebook
Rich Dad Poor Dad by Robert Kiyosaki is one of the bestselling books of this generation and is now taught in business schools around the world. What makes it so special? The answer is undoubtedly Kiyosaki’s unique writing style; the book not only offers financial advice, but also entertaining anecdotes about his childhood and the lessons he learnt from his real dad (his ‘poor dad’) and a father figure (his ‘rich dad’). Kiyosaki is the founder of the Rich Dad Company, which provides personal finance education through books, films, games and workshops, teaching people the importance of entrepreneurship and escaping the ‘rat race’.
This book review and analysis is perfect for:
• Anyone wanting to understand more about active and passive income
• Anyone looking to escape the ‘rat race’
• Anyone who wants financial advice from a self-made millionaire
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Book Review - 50minutes
A true global phenomenon, the book Rich Dad Poor Dad disrupted the norms of economics and prompted revolutionary thought with regards to escaping the financial trap that imprisons us throughout our lives, identified as a rat race
by author Robert T. Kiyosaki. A bestseller achieving both critical and popular success, the book has sold over 15 million copies, is studied in business schools and has undergone extensive technical analysis since its release in bookstores. The major interest in this book is based on the spectacular success of its author, who has built a financial empire in the space of ten years which is profitable enough to grow by itself over generations.
According to Kiyosaki, accessing wealth rests on a few basic principles, which are often overlooked, that are within everybody’s reach and easily accessible for those who want to emancipate themselves financially. Indeed, parents from middle or working class families tend to instil values linked to academic success in their children, but no attention is paid to matters relating to financial management, neither within the family nor at school. Therefore, the knowledge of rich people with regards to investment basics is never shared, resulting in a growing gap between the social classes.
Young people spend years studying obsolete materials that will not be of any use to them when facing the world of today. People work hard, tirelessly, to finally end up with goods that are worth much less at the end of their lives. The children of today need subtler,