Title: Rich Dad Poor Dad
Authors: Robert T. Kiyosaki and Sharon L. Lechter
Format: Mass Market Paperback
Publisher: Plata Publishing
Edition: Anniversary, Updated edition (April 11, 2017)
Language: English
ISBN-10: 1612680194
ISBN-13: 978-1612680194
Pages: 336
Product Dimensions: 4.2 x 1.2 x 6.5 inches
Overview: "Rich Dad Poor Dad" is a bestselling personal finance book that provides insights into financial education, financial independence, and building wealth. Co-authored by Robert T. Kiyosaki and Sharon L. Lechter, the book challenges conventional views about money and offers practical advice on how to achieve financial success.
Key Concepts:
- The book contrasts the financial philosophies of the author's "rich dad" (a mentor) and his "poor dad" (his biological father).
- It emphasizes the importance of financial literacy, teaching readers about money, investing, and how to make money work for them.
- The book advocates for the acquisition of assets that generate income, such as real estate and businesses, rather than relying solely on earned income from a job.
- It introduces concepts such as the "rat race" (reliance on a job to make a living) and the importance of passive income.
- The book emphasizes the significance of taking calculated risks, embracing entrepreneurship, and constantly learning to improve one's financial intelligence.
- Through parables and anecdotes, the authors share practical lessons about money management and investing.
"Rich Dad Poor Dad" has become a cornerstone in the field of personal finance and has inspired millions of readers to reconsider their relationship with money, wealth, and financial education. The book's engaging storytelling style and straightforward advice make it a popular resource for those seeking to improve their financial situation.
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