Rich Dad Poor Dad: What the Rich Teach Their Kids About Money—That the Poor and Middle Class Do Not! by Robert T. Kiyosaki

Rich Dad Poor Dad: What the Rich Teach Their Kids About Money—That the Poor and Middle Class Do Not!

by Robert T. Kiyosaki

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A semi-autobiographical contrast between two father figures — one credentialed and salaried, one entrepreneurial — to make the case that conventional financial advice misses the real moves the wealthy make.

Core ideas
  • The asset/liability distinction Kiyosaki uses isn't accounting-standard: an asset puts money in your pocket, a liability takes it out (your house, by this logic, is usually a liability).
  • Working for money vs. having money work for you — the goal is owning income-producing assets, not a higher salary.
  • Financial literacy is the missing curriculum; schools train employees, not capitalists.
Published1997
Pages195
ISBN9780751532715
ReadOct 2019
personal finance

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