Introduction
The book Rich Dad Poor Dad is more like a friendly book written by Robert Kiyosaki. However, it is one of the developed financial replica worldwide. It also recreate the thoughts of individuals regarding money, wealth and success. Moreover, this book elaborates several ways that how the author progressed with two different dads. Additionally, this book also teaches us about the different techniques of financial freedom and financial literacy.
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| Book | Rich Dad Poor Dad PDF |
| Publisher | Plata Publishing |
| Author | Robert Kiyosaki |
| Publication Date | 1997 |
| Pages | 215 |
| Genre | Personal Finance |
| Language | Engliah |
| Size | 9.4 MB |
Summary
Its story revolves around two dads and their way of thinking about richness, money, wealth and financial freedom. Furthermore, the author has two dads, one is his real dad who do not have much more money called poor dad and other one is his fathers dad, who was a rich man known for rich dad.
The story circles around the author who tries to elaborates his two dads on the basis of financial mindset and behavior. However, his poor dad is an educated man who value the traditional success. On the other hand, his rich dad is a successful entrepreneur, who believes in investing. Moreover, his rich dad always teaches the author about how to investing the money in an accurate manner.
In the whole book, the author Robert Kiyosaki talks with his rich dad who always teach him several ways of wealth creation and financial independence. He learned different lessons such as assists, liabilities and how to taking smart risks. Moreover, the author gives importance to invest in real state and other businesses that can make a huge money for him. On the other hand, he introduces different ideas and concepts such as cash flow quadrant, business owners and self-employed.
Furthermore, the author desires that the readers must learn about finance, learn from their failures and keep improving their financial investment skills and abilities. Moreover, the author also want that the readers must move forward with positive attitude towards wealth and breaking free from negative attitudes. Finally, this book isn’t just about getting rich. It’s also about giving you the ideas and motivation to be your own boss and run your own business.
Saving vs Investing
After all, the both dads having different ideas about money and richness. The writers poor dad has a conventional attitude of working hard, getting good education and having a secure job. Moreover, he always try to save money and refuse all financial risks. On the other hand, his rich dad was quite different. He prefers business and investing money smartly. He believes in smart working attitude and taking smart risks.
Key Ideas
As we aware that this book elaborates the childhood of Robert with his two fathers called Rich Dad and Poor Dad. Moreover, this book also teaches us about how the both fathers reacts the plans and ideas of Robert regarding money and investment.
Additionally, one of the cool ideas of this book is that you do not need to make a huge money to become a wealthy. Beside it, it gives us another helpful ideas such as smart investment and difference between working hard and earning money and how to treat the money you have.
Lessons of Rich Dad poor Dad
The readers can get various kind of financial lessons that can improved their financial literacy.
- This book elaborates certain remarkable ideas that can plays a vital role in business and investment. So, you can smoothly generate a value able income instead of working for someone else.
- This author emphasizes on getting literacy about finance and income generating ways. Furthermore, the author also aim that the readers must understand investment, various financial ideas and different valuable assets in an accurate manner.
- It encourages the abundance mindset, believing that there are various opportunities and chances for all of you that you can get a financial success. Moreover, it is in contrast to a pessimistic outlook known as a scarcity mindset, which holds you back because of your worry of running out of things.
- The author of this book encourages all over careful risks. However, it also warns against being careless. This book also insists the readers that must learn from their mistakes by using setbacks as stepping stones and learning from them.
- It focuses on certain ways and methods that can help us to enhance our wealth. Such things are real- state, stock and businesses which can create a debts payment for you in an accurate manner.
Writing Style of Author
Robert Kiyosaki ways of writing in his book Poor Dad Rich Dad is descriptive and engaging. However, he elaborates various concepts and ideas regarding financial freedom and smart investments. The writer also uses a concise language to balance the pace and tone of plot-lines.
Furthermore, the writer encourages the readers to think critically and allow them to come up with their own way of thoughts about the future of this book. Robert Kiyosaki avoids complicated vocabularies and irrelevant jargon’s aimed to convey his core ideas in an accurate manner.
Significant Receptions
This book has received generally mixed feedback’s from readers and critics alike since its publication. This book has been venerated for its engaging writing style, catchy plot-lines and in-depth themes. While it was also praised for its advanced concepts and latest ideas regarding financial literacy. Furthermore, this book becomes New York Times Bestseller soon after its publication.
Overall, this book sold 40 million copies upon its release and it also has been translated into 51 different languages accross 109 countries worldwide. additionally, many of other readers accuses that the writer provides a huge number of wrong ideas and advises. While some of other readers stresses that it contains several credible errors.
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Basic Principles
The followings are the basic principles of Rich Dad Poor Dad.
Significance of Financial Education
- According to Robert Kiyosaki, knowing about money is really important for all of us. On this way, the writer elaborates several ways of financing and risk management such as how money can work for you and how we can invest money for further prorogation. He emphasizes that its good habit to knowing about money and investment, different taxes and power of passive income.
Attitude of Richness
- This book challenges the conventional thinking of people about money. However, it says that there are certain ways of making money. So, instead of thinking about various problems you need to move forward with a positive and creative mindset.
Enhance Assets, not Liabilities
- In this book, the author tries to differentiate between assets and liabilities. According to him assists are different ways which put money in our pocket and liabilities which take out money from your pocket. Additionally, he says that we should try to get income generating assists such as property and stocks. He also says that we need to avoid things which are not profitable for us.
Ability of Grip
- Robert Kiyosaki introduces another key concept which is called ability of grip and how it can enhance our wealth. Basically leverage is a crucial way that allows us to make an investments by using other people money. On this way, you can get more much while utilizing your skills and abilities.
Embracing Entrepreneurship
- The writer encourages entrepreneurship instead of working for someone else. However, he believes that starting a new business and making investment in income generating ventures are the crucial factors for achieving financial freedom.
Key Features
Poor Dad Rich Dad has the following key features.
Accurate Stories
- In this book the writer tells different stories of this life. Moreover, these over all stories are easy to access and understand. In this book he also teaches bus about his personal life’s experiences.
Reachable Guidelines
- Throughout the book, the author teaches us about how to make money through smart investments and entrepreneurship. Additionally, he also tell us more about how to develop in-depth planing and meaningful ideas for financial progression.
Different Perceptions
- Robert Kiyosaki says that we need to change our traditional ways of thinking about making money and success. He also suggest that instead of thinking about the ancient ideas and plans we have to move forward with advanced concepts.
Comprehensive Concepts
- While this book is based on the authors personals experience and its concepts and principles are universally applicable. Additionally, these over all principles are applicable for all kind of readers such as teachers, businessmen, students and entrepreneurs.
Final Thoughts
The book Rich Dad Poor Dad PDF is not just about the importance of money but it shows how to become independent and strong with having money and wealth. So, the writer challenged the ancient ideas and concepts about richness and success.
He gives a huge number of cool and right ways to financial awarness and smart planing.If you are just a starter and want to get financial freedom and literacy, Rich Dad Poor Dad can be a better choice for you. If you are looking for a book like it, then don’t waste your time, just grab it and learn more what you need.
However, this book is suitable for students and entrepreneurs and other professionals. I recommend this book to all of them who love to read personal finance related books.
FAQs
When was Rich Dad Poor Dad originally published?
This book was originally published in 1997.
Who is the author of Rich Son Poor Dad?
Robert Kiyosaki is the author of this book.
Who is the founder of Rich Dad Company?
Cashflow Technologies Inc is the founder of Rich Dad Poor Dad.
How many pages is Rich Dad Poor Dad have?
This book contains total 226 pages.
Is Rich Dad Poor Dad best selling?
This book rank as a longest rinning bestseller on various prominant media publications.
Who is Kiyosaki wife?
Kim Kiyosaki is the wife of Kiyosaki.
How did Robert Kiyosaki make his money?
Robert Kiyosaki make money from his books, courses and coaching.
How did Kim Kiyosaki become rich?
Kiyosaki becomes rich through his real state business.
Who is the publisher of Rich Dad Poor Dad book?
Plata Publishing is the publisher of this book.
Can beginners read Rich Dad Poor Dad?
Yes, this book is suitable for all begnieers.
How many topics are there in Rich Dad Poor Dad?
It contains 6 parts and 10 chapters.
What are the six principles from ‘Rich Dad Poor Dad’ for financial success?
The followings are the six princilpes of Rich Dad Poor Dad:
- The rich don’t just work for money.
- Focus on your own business.
- Leverage is powerful.
- Control your emotions.
- Build assets rather than just earning income.
- Focus on learning rather than just earning.
Is Rich Dad, poor dad a good read?
Yes, it is an intresting book to read.
Is Rich Dad poor dad real story?
No, its not a real story.
How did Robert Kiyosaki make his money?
Kiyosaki makes his money through his speaking engagements, books, workshops, coaching, and investing portfolio.
Is Rich Dad, poor dad a self-help book?
Rich Dad, poor dad is a personal finance and self-help book.
What is the best age to read Rich Dad, Poor Dad?
The best age to read Rich Dad, Poor Dad can be 12-18.
Was Robert Kiyosaki a billionaire?
Yes, Robert Kiyosaki is a billionaire with $1,2 billion in debt.