What the Rich Teach Their Kids about Money That the Poor and Middle Class Do Not!
Rich Dad Poor Dad is a book about financial mindset more than technique.
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The best-selling personal finance book of all time. Kiyosaki narrates the opposing lessons he received from his biological father (educated, employed, poor) and his friend's father (less educated, entrepreneur, wealthy). Through these two perspectives, the author critiques the traditional education system and proposes a different mindset about money: assets versus liabilities, cash flow, and financial independence.
Rich Dad Poor Dad is a book about financial mindset more than technique. Robert Kiyosaki contrasts two father figures: his biological father, an educated civil servant who was always short of money, and a friend's father, an entrepreneur without degrees who built real wealth. From that contrast he draws his central thesis: school does not teach financial education, and the gap between the rich and the middle class lies in how they understand assets and liabilities. For Kiyosaki, an asset puts money in your pocket and a liability takes it out — a simple but useful lens for rethinking purchases like a home or a car. He argues for self-education, controlling expenses and building income streams rather than depending on a salary. Read it critically: some advice —such as borrowing to invest in real estate without experience— is debatable and is not a recommendation. Its value is not in following it literally but in the mental reframing it triggers in readers who have never thought about money in a structured way.
For those starting from scratch who need a mindset shift; not a step-by-step practical investing guide.
FactPublished in 1997, it has sold more than 40 million copies in over 50 languages.
