Books

What I learned From Reading Rich Dad Poor Dad

Rich Dad Poor Dad is a book written by Robert Toru Kiyosaki, a Japanese immigrant into USA who is now a multimillionaire. He has amassed great wealth ever since publishing this book which was his first one in 1997, and which talks of financial education.

You can tell from the title that the author had ‘2’ dads, a rich one and a poor one. In the book Kiyosaki juxtaposes the two fathers to draw lessons of how rich chaps do it versus how the poor peeps do it, and where they go wrong.

Basically, the book is about lessons on money that Kiyosaki learnt from his rich dad. Personally, my best lesson was ‘The rich don’t work for money’, which incidentally is the first lesson.

The book also gives insights into how to overcome some of the common obstacles that keep holding people back from wealth and living a life of their terms, even after obtaining financial literacy. It offers tips of how to jump the hurdles of fear, laziness, just to mention a few.

Towards the end of the book it outlines ten steps as a process to develop powers of self plus some to-do’s to get you off the chair and do something real, something visible and tangible.

Here are some influential quotes I picked from the book:

“Taxes are a person’s greatest expense.” Click To Tweet “If I had only one dad, I would have to either accept or reject his advice.” Click To Tweet “There is a difference between being poor and being broke: broke is temporary, poor is eternal.” Click To Tweet “Most people want everyone in the world to change but themselves. It’s easier to change yourself than everyone else.” Click To Tweet “We only memorize historical dates and names, not the lesson.” Click To Tweet

Personal note:

I read rich dad poor dad last year when I was still in high school. It is kinda the first book that I read- leave alone the biology textbooks, set books and some Goosebumps. Before reading it, I used to think that reading books is boring and it’s really no use. I still come across chaps who think so and I try to convince them how great books are because this book changed my perspective a lot. It initiated in me a paradigm shift that even changed my career orientation. Am not saying it will change everyone but there’s definitely some essential knowledge you probably never had. There’s a little wisdom in it for everyone.

Because of it I now love books. I’ve read many more like The Alchemist, Why A Students Work For C Students, The Monk Who Sold His Ferrari and others which I’ll share what I learnt from them with you in the near future.

Here’s what others are saying about Rich Dad Poor Dad.

You can get yourself a copy here.

Links to other Rich Dad Poor Dad related material.

richdad.com

richdadworld.com

https://web.facebook.com/RobertKiyosaki/?ref=br_rs

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