What is the main message of Rich Dad Poor Dad?

The overarching theme of Rich Dad Poor Dad is how to use money as a tool for wealth development. It destroys the myth that the rich are born rich, explains why your personal residence may not really be an asset, describes the real difference between an asset and a liability, and much more.

What did you learn from Rich Dad Poor Dad?

When I read “Rich Dad, Poor Dad” in my 20s, I took away four lessons on building wealth that I’ve carried with me through my life and career. I learned that most people work for money, but the rich make money work for them; and that it’s not how much money you make — it’s how much you keep.

Is Rich Dad Poor Dad worth reading?

It’s also a book worth reading if you’re interested in money and what you should and shouldn’t do with it. Be warned though. Rich Dad Poor Dad isn’t a well written book. In fact it’s very repetitive and most people will have the core concepts down after reading less than half the pages on offer.

What is Rich Dad, Poor Dad about Synopsis?

Rich Dad Poor Dad is about Robert Kiyosaki and his two dads—his real father (poor dad) and the father of his best friend (rich dad)—and the ways in which both men shaped his thoughts about money and investing. He says that his poor dad went to Stanford and earned a Ph.

What lesson did you learn from the video Rich Dad, Poor Dad?

The biggest financial lesson to learn is that it’s all about how much money you keep, not how much you make. And without financial literacy, you’ll lose your money soon. Growing up, poor dad recommended that Robert read books while rich dad recommended that Robert master financial literacy.

Is Rich Dad a real person?

Kiyosaki’s “Rich Dad” is a real person, not fictional character. His name is Richard Kimi and his real son Alan Kimi came out on Oprah to tell everyone that yes his dad was the real inspiration for Kiyosaki’s book.

How did Robert Kiyosaki make his money?

Best known for a series of books called Rich Dad Poor Dad, Kiyosaki has built everlasting wealth through his lifelong journey of investing, speaking events, and real estate. The majority of his revenues come from his seminars conducted by individuals who pay to use the Rich Dad brand name for marketing reasons.

What is the book Rich Dad Poor Dad about?

Rich Dad Poor Dad is Robert Kiyosaki’s best-selling book about the difference in mindset between the poor, middle class, and rich. In this Rich Dad Poor Dad book summary, we’ll break down some of the best lessons Kiyosaki shares to help you become more financially literate.

What did Robert Kiyosaki’s poor dad tell him about counterfeiting?

With a quick explanation of the laws of counterfeiting from Robert Kiyosaki’s poor dad, the pair went back to the drawing board. Robert Kiyosaki’s poor dad suggested that the two learn how to make money from Mike’s dad (Robert Kiyosaki’s rich dad). Poor dad had heard from his banker how good the rich dad is at making money.

What did Robert’s Rich Dad say about money?

Rich dad says, “If you want something, you first need to give.” If you want money, give money. 1 Robert’s rich dad taught him to be charitable. His poor dad taught him to give away his time and knowledge, but not money. 2 Rich dad says, “If you want something, you first need to give.” 3 If you want money, give money.

How did Kiyosaki become the richest person in Hawaii?

While both men worked hard, were successful, and earned a lot of money, there was always one who struggled with money. And the other dad, well, he became one of the richest people in Hawaii. By having two dads, with entirely different mindsets, Kiyosaki found himself comparing the two dads a lot.