Why Rich Dad Poor Dad by Robert Kiyosaki is the ultimate self-help book

Have you ever looked at your bank account and wondered where all your hard-earned money went? Do you want to break free from the cycle of working hard but never getting ahead financially?

Well, you’re not alone, and the good news is that there’s a way out. I recently read Rich Dad Poor Dad , and it’s the book you need to read. Robert Kiyosaki’s masterpiece is a life-changing read that will shatter your misconceptions about money and help you rebuild your financial foundation from scratch.

What’s the book about, anyway?

This book is all about personal finance in the modern world, focused around Kiyosaki’s own story growing up with two different father figures – his own dad, the ‘poor dad’, and his best friend’s dad, the ‘rich dad’.

In poetic, easy to digest language, Kiyosaki explains how the lessons he learned from his rich dad transformed his financial circumstances from broke grad to millionaire. Get ready for some tough love and actionable takeaways – this book will tell it to you real.

How did it help me?

Reading Rich Dad Poor Dad changed my life. Prior to reading, my money management skills were subpar at best. I read endless self-help books on how to get ahead, yet none of them made as much sense as this book did. As someone who values anecdotes and a good story, Kiyosaki drew me into his own experience and made me comprehend financial success in ways I’d never thought of before.

Here are some of the top takeaways I gained after reading:

• “The Rich Don’t Work for Money” – This one caught my attention the most. Rather than working for a salary, the author posits people should make their money work for them. In order to achieve financial freedom, you must learn the art of investing and allow time to work in your favor.
• Assets vs. Liabilities: Kiyosaki explains what financial assets and liabilities are, a twist on the traditional bookkeeping and accounting definitions of those two. Anything you acquire that increases your cash flow is an asset, no matter its form. Anything that reduces your cash flow is a liability.
• You don’t need to be a high earner to become rich: The mindset of entrepreneurship had always confused me personally, but this book clarified that jargon. A steady job with a stable paycheck regardless of how much you make, can be the supporting the building blocks of millionaire via an apparent mix of thought-out investments and consistent saving.

What are the book’s strengths and weaknesses?

The thing I loved most about this book is how practical it is. You won’t find any theoretical jargon or language reserved for Wall Street personalities indoors. Kiyosaki’s voice is clear and accessible to all demographics to is clear and free of any kind of financial language hijinks.

However, if we are discussing weaknesses , its abundant self-praise near the end of each chapter took some getting used to on a personal level, and may irritate a less self-assured audience.

The Bottom Line:

This book is what you need to start building a financially stable, self-reliant future for yourself. The concrete steps and life philosophy Kiyosaki suggests have worked for me as much as millions others already. This powerful title will change your perspective on money and give you the building blocks you need to quickly achieve lifelong freedom

Don’t wait – there’s never been a better time to invest in the ultimate money education. Trust me, after reading this book, your life will never be the same!

Disclaimer – this blog post contains an affiliate link to the book discussed, which will yield a commission to myself, could forward your other expenses incurred or investment perspectives.