The summary of the rich dad poor dad? Rice Dad and poor Dad?

The summary of the rich dad poor dad? Rice Dad and poor Dad?


The summry of the Rich dad and poor dad is reading ceryful the article. Robert Kiyosaki is the author of the personal finance book "Rich Dad Poor Dad". The author's experiences and the lessons he gained from his two fathers—his own father, who was impoverished, and the father of his best friend, who was wealthy—are the basis for the book. The variations in thinking and financial literacy between the two fathers serve as the book's key focus.


The well-educated and government-employed poor dad had a traditional attitude towards money. He believed that the best way to achieve financial success was to work hard, save money, and move up the corporate ladder. A attitude of employment security and aversion to taking financial risks characterised the poor dad.


In contrast, the wealthy father wasAn entrepreneur who had made a million dollars on his own had a distinctive viewpoint on money. He placed a focus on developing businesses that produce passive income, purchasing assets, and practising financial literacy. The wealthy father felt that you should not be a slave to money but should instead use it as a tool to work for you.


What is the morel of Rich dad and poor dad reading here.Kiyosaki addresses a number of financial lessons he got out from his father's a throughout the book, including the value of financial education, the distinction between assets and liabilities, the effectiveness of investing, and the significance of developing a mindset of abundance and financial independence.


The book "Rich Dad Poor Dad" challenges readers' beliefs about money and inspires them to develop a more entrepreneurial and financially savvy mindset. It tries to motivate people to take charge of their financial future, make prudent investments, and work towards financial freedom as opposed to being caught in the vicious cycle of living paycheck to paycheck.

The Rules of Money RICE DAD AND POOR DAD

The summary of the rich dad poor dad? Rice Dad and poor Dad?


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