Rich Dad Poor Dad

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In Rich Dad Poor Dad, Robert Kiyosaki goes back to his childhood in Hawaii to explain his philosophy on wealth creation and being successful. The book is written in a very conversational manner and most of the snippets are based on the author’s budding years and his experiences regarding money management.  There were two main influences in Robert Kiyosaki’s life. The first was his real father, an educator who worked hard for a fixed income all his life. He’s the ‘Poor Dad’. The Rich Dad is his biological father’s best friend. A real estate tycoon, he is portrayed as highly successful and assumes the tag of being the ‘Rich Dad’. In the book, the author claims that his rich dad amassed wealth because he looked at income as a way to develop more wealth-creating assets. This attitude, the author states time and again, is the primary difference between the rich and the poor. His biological father on the other hand, spent his income on buying consumer goods that would give him and his family satisfaction. Kiyosaki singles this out as the reason why his ‘Poor Dad’ was never financially independent or secure. Does hardwork really matter? Or is wealth just the by-product of making the right financial decisions? Robert Kiyosaki throws light on the above questions through a series of six easy to learn lessons. He constantly provides real life instances so that readers can relate to his lessons on buying income generating assets. Kiyosaki has written this book in collaboration with Sharon Lechter. Rich Dad Poor Dad was number one on The New York Times paperback ‘advice’ chart. It remained on this list for almost 100 weeks. Robert Kiyosaki wrote several other books after the success of Rich Dad Poor Dad and even released Rich Dad CDs.

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Robert Kiyosaki is not just an author, he is also a game developer and real estate tycoon. Several of his books have been on the best seller list, and some of these include: If You Want to be Rich and Happy, Don’t Go To School Cash Flow Quadrant Rich Dad’s Guide to Investing Why We Want You to be Rich: Two Men One Message Rich Dad’s Rich Brother Rich Sister The author lives in Arizona with his wife Kim. He has also co-authored a book with his sister, who is a Buddhist nun. Table of Contents Introduction Rich Dad Poor Dad Chapter One Lesson One: The Rich Don't Work for Money Chapter Two Lesson Two: Why Teach Financial Literacy? Chapter Three Lesson Three: Mind Your Own Business Chapter Four Lesson Four: The History of Taxes and the Power of Corporations Chapter Five Lesson Five: The Rich Invent Money Chapter Six Lesson Six: Work to Learn-Don't Work for Money Chapter Seven Overcoming Obstacles Chapter Eight Getting Started Chapter Nine Still Want More? Here Are Some To Do's Final Thoughts