,,Rich Dad Poor Dad” book review

Rich Dad Poor Dad is a book on personal finance written by Robert Kiyosaki and published in
1997. The book is based on Kiyosaki's own experiences growing up with two fathers: his
biological father, who was a financially struggling teacher, and his friend's father, a wealthy
businessman. Through these two characters, Kiyosaki explores themes of financial literacy,
passive income, risk and failure, entrepreneurship, and mindset.
One of the main themes of the book is the importance of financial literacy. Kiyosaki argues that
financial education is just as important as traditional education and that a lack of financial
knowledge can prevent people from achieving wealth and financial independence. He
encourages readers to learn about personal finance and take control of their financial future.
Another important topic is the value of passive income. Kiyosaki emphasizes the importance of
building passive income streams and accumulating assets rather than simply working for money
and accumulating liabilities. He encourages readers to look for opportunities to create passive
income and invest in assets that will generate long-term wealth.
Robert also explores the role of risk and failure in wealth-building. He encourages readers to
embrace risk and failure as opportunities for learning and growth and to not be afraid to take
calculated risks to achieve their financial goals. He argues that the ability to learn from failure is
an essential component of success.
In addition to these themes, Kiyosaki advocates for entrepreneurship to create wealth and
financial independence. He encourages readers to invest in their education and pursue
opportunities for self-employment. He also emphasizes the power of mindset in financial success
and encourages readers to challenge their assumptions about money and wealth to achieve their
goals.
Overall, Rich Dad Poor Dad is a well-written and thought-provoking book that offers valuable
insights into the world of personal finance. Robert's storytelling style is engaging and relatable,
and his message is particularly relevant in today's economy. While some of the advice may not
be suitable for everyone, the book is a great resource for anyone looking to improve their
financial literacy and take control of their financial future.