Rich Dad Poor Dad is a book written by Robert Kiyosaki. It’s one of the most popular self-help books out there since it’s almost always in the top books on how to make money. Today, I’m going to give you the detailed review of the book.
What is the book about ?
The subtitle says : what the rich teach their children about money. This book shows you exactly that. It’s divided into 6 lessons about money that you need to learn in order to become rich.
The book tells the story of Kiyosaki when he was young. He has two dads. His own dad who had a Phd but who was struggling financially and his friend’s father who dropped out early in school but was doing way better than his father was.
Kiyosaki tells the story of how his “rich dad” taught him the six lessons about money with an exciting story and some really good insights. The book talks about how you can start investing, how you can become rich by using passive income instead of working at a 9 to 5.
You’ll also discover that a lot of ideas you have about money are wrong. The book points out the most popular limiting beliefs about money that hold people back from becoming rich. For example, the idea that you have to study a lot or get a Phd to earn more money.
What’s good about the book?
The book has a really good story ! It’s really entertaining and insightful to read the story of the author and how he learned all this stuff about money.
It’s also extremely simple to understand. The author did a really good job at teaching essential things about money in a very simple way. Even a child could easily read the book and understand it.
It also has some excellent insights and ideas about money. It will dramatically change the way you see and think about money in a whole new way.
What’s not so good?
The one thing that I find missing is the lack of practical advice. In the last chapter, the author does give you some steps to follow but they aren’t so clear.
Who is it for?
If you want to really improve the way you think about money and start thinking like rich people, this book is perfect for you. Recommended for business students.
Despite missing some practical steps, rich dad poor dad is one of the best books I’ve read if you want to be rich. It’s simple approach, pleasant story and insightful advice are really helpful to make you think like a rich person.