Rich Dad Poor Dad is a 2000 book written by American businessman, author and investor Robert Kiyosaki. It advocatesfinancial independence and building wealth through investing, real estate investing, starting and owning businesses, as well as increasing one's financial intelligence to improve one's business and financial aptitude. Rich Dad Poor Dad is written in the style of a set of parables, ostensibly based on Kiyosaki's life.[1] In the book, Kiyosaki stresses the ownership of high-value assets that produce cash flow, rather than being an employee.
The book is largely based on Kiyosaki's childhood 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:
- Kiyosaki's upbringing, business and investment ventures
- assets and liabilities
- what the rich, middle class and poor teach their kids about money
- a primary residence as a liability rather than an asset
- financial intelligence literacy
- roles of business and financial skills, aptitude, and experience in financial success
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.
Follow the link to full Wikipedia article: https://en.wikipedia.org/wiki/Rich_Dad_Poor_Dad

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