“Rich Knows savings are only used to create more money, not to pay Bills”
Published in year 1997, Rich Dad Poor Dad is a book, which will inspire you to think differently about money, employment and entrepreneurship. Robert Kiyosaki, the author uses a beautiful narrative of his childhood experience and real life learning of financial education from his ‘Rich Dad’ (his Friend Mike’s dad) and smoothly navigate through the journey of his own Dad whom he refers in the book as ‘Poor Dad’.
The book is about 9 hours audio book in audible, or less than Rs. 300/- available in Amazon, is a bestseller book in its category. A handy book, uses easy language and story like narration takes the reader through the sensitive topic of financial literacy, financial education without using any jargon or any financial product. The intriguing narrative nudges the reader to think about how one perceives money and wealth. The book questions the mindset one have on earning, job, employment, retirement, financial planning. Rich Dad should read with a pencil and a paper. This book aims to set the reader free from the poor or middle class or negative mindset about money. It encourages us to think money to be more like an ally.
It aims at answering eternal questions like – why rich get richer and poor gets poorer?
The seven chapters, each title of the chapter is a lesson in itself – Rich dad poor dad summary short form, in chapters itself
These are also mentioned as Rich Dad Principals-
Chapter 1 – The Rich Don’t work For Money
Chapter 2 – Why Teach Financial Literacy
Chapter 3 – Mind Your Own Business
Chapter 4 – The History of Taxes and the power of corporation
Chapter 5 – The Rich Invent Money
Chapter 6 – Work to Learn – Dont Work For Money
Chapter 7 – Overcoming Obstacles
Rich Dad Poor Dad book ideally should be read with a reading partner. This book is just not an one time read. To get a crash course on financial literacy, You should make a Rich Dad Poor Dad Book Summary, make a list of Do’s and Don’ts and practice the lessons in real life.
In conclusion, Rich Dad Poor Dad is a must read. This book has the ability to set one free from financial misery.
Best Lines I read –
“In the long run, It is not how much money you make, its how much you keep, and for how many generations you keep it.”
“If You want to be rich, You have to be financially literate”
“Pay yourself first”
Robert Kiyosaki has written many other books similar to this one. Each of his books are dedicated to financial literacy. Sunday Book review posts will include – Rich Dad Poor Dad – ‘Cash Flow Quadrant‘ and ‘Fake’
