Rich Dad, Poor Dad Book Synopsis / Book Summary
The title “Rich Dad, Poor Dad” is a little intriguing and almost sounds as if Robert T. Kiyosaki had two dads. That’s actually the case, almost… Robert Kiyosaki writes about his dad, a well-educated dad that left the world a poor man, and his other dad, which was actually his best friend’s dad, an uneducated dad that died a very rich man.
Rich Dad, Poor Dad by Robert Kiyosaki is about mindset and education. Ask yourself, what were you taught in school about money and wealth? Very little, right? More than likely you weren’t even taught how to balance a checkbook or file your taxes.
Even if you had been taught those simple tasks, and this is what the “Rich Dad, Poor Dad” story teaches, you wouldn’t have been taught how to keep more of that money and how to pay fewer taxes.
Let’s go a little deeper… Had you been taught how to earn or keep more money and pay fewer taxes, you still would have been taught from a “Poor Dad’s” perspective. Unless you were lucky enough to have a rich teacher, I’ve never met one personally.
So Poor Dad might have said to get a great education, find a perfect job, build your credit and move up the ladder. Poor dad might have said to build successful businesses and find great investments.
Brian’s Overall Book Rating
Rich Dad, Poor Dad is chock full of interesting stories and Robert Kiyosaki has the talent to tell those stories in such a way that we can learn from them, just as he did growing up.
Rich Dad, Poor Dad is designed to teach us the right way to think about money, business and even lifestyle but Robert Kiyosaki also shows us the “why” behind those lessons.
I enjoyed Rich Dad, Poor Dad and it did help my way of thinking as well as the thinking of others.
The name Robert T. Kiyosaki seems so formal that it makes me want to walk up to him with a “How ya doin’ Bob” followed with a fist bump. LOL
~ Brian
I’m giving Rich Dad, Poor Dad four stars. I think there are many success books out there far better suited to teach us to become wealthy.
This book sets your mind on straight and helps you understand that you’ve been taught wrong. It changes your mindset, a more successful way of thinking if you allow it. This should be the first step and that is why I recommend the read.
Overall, I say “read the book“. It’s borderline “Must Read” in my opinion and one thing is certain; your peers and competition will have read it.
Keep an open mind and understand Rich Dad, Poor Dad has helped thousands, if not tens of thousands, of people, rise above the fluff, lies, and misconceptions and begin to enjoy a financially successful business and lifestyle.
Book Chapters:
- Chapter 1: Rich Dad, Poor Dad
- Chapter 2: The Rich Don’t Work for Money
- Chapter 3: Why Teach Financial Literacy
- Chapter 4: Mind Your Own Business
- Chapter 5: The History of Taxes and the Power of Corporations
- Chapter 6: The Rich Invent Money
- Chapter 7: Work to Learn, Don’t Work for Money
- Chapter 8: Overcoming Obstacles
- Chapter 9: Getting Started
- Chapter 10: Still Want More? Here are Some To Do’s
Rich Dad, Poor Dad Roll Your Eyes Moments
Robert Kiyosaki is a master at storytelling but, call me impatient, there were many times throughout the book I found myself wishing he would get on with it. That’s probably an unpopular opinion for a book of this caliber but that’s just the way I felt at times.
On the other hand, I can understand how important the stories are to help us undo decades of wrong-thinking. There’s no clear-cut measure on the perfect amount of “repetitive story” for maximum comprehension and training reinforcement. (I wrote that last sentence just to look smart, I have no idea what I’m talking about LOL)
Book Quote
Most people never study the subject [Money]. They go to work, get their paycheck, balance their checkbooks, and that’s it. On top of that, they wonder why they have money problems. Then, they think that more money will solve the problem. Few realize that it’s their lack of financial education that is the problem.”
Robert T. Kiyosaki, Rich Dad, Poor Dad
Book Trivia
Rich Dad, Poor Dad was co-authored by Sharon L Lechter, an accountant and the founder and CEO of Pay Your Family First, a financial education organization. Her name is mentioned right on the book cover but nowhere on Amazon. I have no idea way.
Rich Dad, Poor Dad Author: Robert T. Kiyosaki
[about-author]Rich Dad, Poor Dad Audible Narration By Tim Wheeler
[about-narrator]Get this book on Audible. If you’re not an Audible fan, get it on Kindle or paperback. I don’t think you’ll be disappointed.
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Yes, it’s a very good book!