Summary: Rich Dad, Poor Dad: Review and Analysis of Kiyosaki and Lechter's Book

BusinessNews Publishing,

Feb 2013 · Primento

About this eBook

The must-read summary of Robert Kiyosaki and Sharon Lechter's book: "Rich Dad, Poor Dad: What the Rich Teach Their Kids About Money - That the Poor and Middle Class Do Not!"

This complete summary of the ideas from Robert Kiyosaki and Sharon Lechter's book "Rich Dad, Poor Dad" shows that what is in your head ultimately determines what is in your hands: if you want to improve your circumstances, you need to change the way you think. This summary highlights the importance of educating yourself and developing financial intelligence by spending time with successful people, reading books, and attending seminars. All in all, this summary shows that your life will be more rewarding and more fulfilling if you just take the time to learn and think about where you’re heading.

Added-Value of this summary:
• Save time
• Understand the key concepts
• Expand your business knowledge

To learn more, read "Rich Dad, Poor Dad" and discover that the path to financial wealth does not lie in playing it safe. It’s far more important to play it smart.

Ratings and reviews

The book titled "Rich Dad Poor Dad" is a literary piece on personal finance, elucidating the pathway to financial independence. It narrates the stories of two fathers- one who was proficient but had monetary predicaments (dubbed as poor dad) and another with an informal education yet financially secure life( coined rich dad). The author Robert Kiyosaki highlights how their divergent outlooks towards money underlie pivotal lessons such as managing finances effectively and grasping comprehensive comprehension about it for overall progress in this realm. In its essence, the publication highlights the significance of assets as opposed to liabilities and motivates individuals to put their resources into income-generating properties like real estate or stocks. Kiyosaki additionally stresses on embarking upon endeavors with uncertainty surrounding them and benefiting from misfortunes in order for one's accomplishments to bear fruit.

A great synopsis with direct quotes from the original book. I would have liked to see more creative inputs on the different topics instead of only bulleted summary points. I also noticed a handful of grammatical or spelling errors while reading (hence the 4/5 rating).

If you apply this to your life its basically a formula for success. same way most of us set ourselves up for failure, why not set your self up for long term success, generation thru generation and stop living like the norm which is a money cycle making the world go round.rather than making your MONEY GO ROUNS FOR YOU...