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Book cover of Rich Dad Poor Dad by Robert T. Kiyosaki — critical summary review on 12min

Rich Dad Poor Dad

Robert T. Kiyosaki

5.0 (341 ratings)
8 mins

Part memoir, part financial guide – “Rich Dad Poor Dad” is arguably the most popular personal business book of all time. In it, Robert Kiyosaki contrasts the instruction he received from his real dad with the ones from his mentor, explains the differences between the mindsets of the poor and the rich, and champions the importance of financial literacy and financial independence.

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Who it is for

Best suited for people who want to become financially literate and fill some of the moneymaking-related holes education systems can’t or won’t.

Key Insights

Buy Assets, Not Stuff

Buy things that put money in your pocket.

Make Money Work

Build passive income instead of trading time.

Get Financial Education

Learn about money—read, take courses, practice.

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About the Author

Robert Toru Kiyosaki is an American investor and entrepreneur. He is best known as the author of the perennial bestseller, “Rich Dad Poor Dad,” which turned his name into a brand, spawned a series of over 20 books, started a franchise of high-priced Rich Dad seminars and made Kiyosaki the subject of class action suits. As a result, Kiyosaki’s Rich Dad Company filed for bankruptcy in 2012.

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Lessons

  • What the number one rule of financial literacy is.
  • Which four technical skills make up your financial intelligence.
  • Why corporations are the biggest secret of the rich.

Key Takeaways

  • People interested in controlling their own financial lives
  • Curious people who seek to think outside the box (even when it comes to money)
  • Parents worried about raising sentient children

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