Rich Dad Poor Dad provides excellent insight into the mentality required to build wealth. The differentiation between being educated and being smart is stressed throughout the book as Robert Kiyosaki explains his life story. I really appreciated this mindset and think it’s extremely apt today. Over 20 years have passed since the book came out and we have more educated people with prestigious degrees than ever, all competing to get their dream jobs. As a result, there are a lot of highly educated poor people.
The book’s aim is to motivate you to increase your financial intelligence. Learn the difference between an asset and a liability. Kiyosaki lays out his method of building wealth and makes a point in providing some actionable examples that you can replicate, but the real gem in this book is the focus on motivation to think outside of the box and to quit being adverse to risk. Kiyosaki poses the question; If you lost all your money tomorrow could you become rich again? The book suggests that you can because becoming rich is a skill that you can practice and perfect. Get out of the rat race and get reading. Rich Dad Poor Dad is something everyone needs to have on their bookshelf so they can revisit it over the years as I plan to do.
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