Rich Dad, Poor Dad
What the Rich Teach Their Kids about Money That the Poor and the Middle Class Do Not
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|Format: ||Paperback / softback, 272 pages|
|Other Information: ||20pp line drawings|
|Published In: ||United States, 19 October 2000|
Robert Kiyosaki reveals how he developed his unique economic perspective from his two fathers: his real father, who was highly educated but fiscally poor; and the father of his best friend - an eighth-grade drop-out who became a self-made multi-millionaire. The lifelong monetary problems experienced by his "poor dad" pounded home the counterpoint communicated by his "rich dad". Taking that message to heart, Kiyosaki was able to retire at the age of 47. This book lays out his philosophy and aims to open readers eyes by: exploding the myth that you need to earn a high income to be rich; challenging the belief that your house is an asset; showing parents why they can't rely on schools to teach their children about money; defining once and for all an asset versus a liability; and explaining what to teach your children about money for their future financial success.
The multi million copy bestselling personal finance book that teaches people how to become masters of their money and sustain wealth for themselves and their families. Over 7 million copies sold worldwide.
About the Author
A 4th-generation Japanese American, Kiyosaki was educated in New York before joining the U.S. Marines and serving in Vietnam as a helicopter gunship pilot. In 1977 he founded a company producing Nylon and Velcro 'surfer' wallets which became a multi-million dollar business.
In this solid collection of practical advice on how to become a millionaire, Kiyosaki (Rich Dad's Guide to Investing) adds to his rapidly growing library of well-received works on achieving financial freedom. Built on his number one rule of genuinely understanding the difference between assets (income-producing property) and liabilities (bank-owned mortgage), he reveals lessons learned from his "rich dad" (the entrepreneur father of his childhood friend), e.g., the rich do not work for money (money works for them), the rich mind their own business (not merely working at a profession), and invest time in learning financial literacy (mostly not learned in school). With the contrasting philosophy from his poor dad his own highly educated but debt-ridden, asset-poor professor father this approach clearly is head and shoulders above the gamut of countless other financial advice titles that merely focus on how financial tools work. The always crisp narration by Richard M. Davidson maintains attention to this important book, which all twentysomethings should be forced to listen to in its entirety. Be forewarned; listeners will have to acknowledge self-responsibility for their own financial problems that yet another, still higher-paying job will not solve. Without question, this is absolutely essential for all libraries. Dale Farris, Groves, TX Copyright 2001 Cahners Business Information.
RICH DAD, POOR DAD is a starting point for anyone looking to gain control of their financial future USA TODAY Robert Kiyosaki's work in education is powerful, profound, and life changing. I salute his efforts and recommend him highly Anthony Robbins
Little, Brown & Company|
22.91 x 15.29 x 1.5 centimetres (0.29 kg)|
15+ years |