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| E-Book Name | RICH DAD POOR DAD | ||
|---|---|---|---|
| Author Name | Robert Kiyosaki, Sharon Lechter | ||
| Geners | Non-fiction,Personal finance | ||
| Langauge | English | ||
| Our Ranking | 4.9/5.0 | ||
| No. of Pages | 336 Pages | ||
| File Size | 11.3 MB | ||
| File Type | E-Book Pdf | ||
| Tags | B12 E-books | ||
| B12 E-books | Download Now | ||
| From B12 E-Books | Download E-book |
About this E-book
Rich Dad Poor Dad
Robert Kiyosaki is the author of the best-selling personal finance book "Rich Dad Poor Dad". The book, which was first released in 1997, shares Kiyosaki's personal stories and thoughts on wealth development, financial literacy, and the attitude needed to attain financial freedom.
The book centers on two significant figures in Kiyosaki's life: his friend's father, known as "rich dad," who had a different perspective on money and wealth creation, and his own father, known as "poor dad," who had a traditional mindset centered on job security and a comfortable paycheck.
Kiyosaki covers many financial ideas and offers readers useful advice by contrasting the opinions of his two fathers. Key concepts and topics in "Rich Dad Poor Dad" include the following:
1. Financial Education: Kiyosaki stresses the need of financial education and the necessity to educate oneself on money matters, including saving, investing, and making money work for one. He contends that one of the main causes of many people's financial difficulties is a lack of financial literacy.
2. Assets vs. Liabilities: In this section, Kiyosaki explains the idea of assets and liabilities and exhorts readers to concentrate on obtaining income-generating assets that may provide passive income rather than amassing obligations that deplete their funds.
3. The Cash Flow Quadrant: Employee, self-employed, company owner, and investor are the four quadrants that make up the cash flow quadrant, which is presented by Kiyosaki. He exhorts readers to aim for the company owner and investor position on the right side of the quadrant, where they may attain financial independence and wealth accumulation.
4. mentality and Attitude: The book discusses the value of embracing an abundant mentality, taking calculated risks, and cultivating an entrepreneurial spirit. Traditional ideas about job stability are questioned by Kiyosaki, who also questions readers' perspectives on wealth and money.
The language of "Rich Dad Poor Dad" is renowned for being clear and interesting, making difficult financial ideas understandable to readers from many walks of life. The book has made a significant contribution to financial literacy and motivated many people to explore entrepreneurship, take charge of their finances, and work toward financial independence.
Although the book has been extensively read and praised for its inspirational and educational qualities, it is important to note that some of Kiyosaki's particular investing ideas and suggestions have come under fire and sparked controversy.
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