The listing, Rich Dad Poor Dad has ended.
Rich Dad Poor Dad is a book by Robert Kiyosaki. It advocates financial independence and building wealth through investing, real estate investing, starting and owning businesses, as well as increasing one's financial intelligence. Rich Dad Poor Dad is written in the style of a set of parables, ostensibly based on Kiyosaki's life.[1] Kiyosaki stresses the ownership of high value assets that produces cash flow, rather than being an employee in the book.
The book is largely based on Kiyosaki's upbringing and education in Hawaii. It highlights the different attitudes to money, work and life of two men (i.e. his titular "rich dad" and "poor dad"), and how they in turn influenced key decisions in Kiyosaki's life.
Among some of the book's topics are:
Robert Kiyosaki's personal story
The difference between assets and liabilities
What the rich teach their kids about money that the poor and middle class do not
The idea that your primary residence is not an asset, but a liability
The value of financial intelligence and financial literacyselves from frivolous lawsuits, but the poor and middle class don't usually do not know how
The importance of investing and entrepreneurship
Kiyosaki advocated his former mentor and American futurist, Dr. Buckminster Fuller's views on wealth, that wealth is measured by the number of days the income from your assets can sustain you, and financial independence is achieved when your monthly income from assets exceeds your monthly expenses.