Summary of the book Rich Dad Poor Dad

in #book2 years ago

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Rich Dad and Poor Dad by American author Robert T. Kiyosaki with American Sharon Lechter is one of the leading and well-known books in the field of investment, finance, and business. As there are attempts and ideas to help people build real wealth and reach a degree of financial independence through many means and methods, so this book was clearly popular among readers, and in this article, we presented a brief summary of it.

Summary of the book Rich Dad Poor Dad
The book "The Rich Dad and the Poor Dad" is located within 244 pages and is divided into ten chapters, through which the writer presented - in a narrative style of real events and stories - tips and secrets that help a person become rich, how to invest and build his own financial project in a smart way. , using the term poor father and the term rich father to explain the difference between the poor and the rich class and their view of money and how to acquire it and achieve wealth, as it was clarified on the cover below the main title “What the rich teach and the middle class do not teach their children about money”, and in the lines, The following is a brief summary of some chapters of this book:

Chapter One Summary: The Story of a Rich Dad and a Poor Dad
In this chapter, Robert Kiyosaki narrates an aspect of his childhood, divided between his real father, who worked as a professor at the university and gives him various advice on how to get a stable job that secures him from poverty. Self-made, successful in his work, and owner of wealth, he was giving him advice on how to earn money, and he was called "the rich father", and through his story with these two parents, the author explains the intellectual trends about money and its collection.

Chapter Two Summary: The Rich Don't Work to Make Money
In this chapter of the book, the author talks about the mentality that the rich enjoyed until they became so, which is to make the money run after them and not the other way around, meaning that they have the courage and the spirit of risk to enter the battlefield of life, and their concern was not to get a specific job with safe consequences in order to get money, This was their way of acquiring wealth, unlike the poor, who always take the safe path and refuse to take on new experiences that might be the opportunity of a lifetime for them.

Chapter Three Summary: Why is Financial Education Taught?
In the same narrative style that the writer follows in the various chapters, this chapter of the book includes a talk about the concept of financial culture and the importance of recognizing its true meaning, noting that the important thing is not the amount that an individual earns from money, but rather the amount of what is kept from it and how to deal with it and manage it in order to serve him, in addition to clarifying the concept of assets - anything that brings money to your piggy bank - and the concept of liabilities - anything that takes money from your piggy bank -.

The main themes in the book Rich Dad Poor Dad
The Rich Dad and the Poor Dad book is based on a number of basic and main themes, including the following:

The existence of effective means and methods for achieving wealth and obtaining the money that the rich follow other than those ways in which the poor deal, are not effective from the writer's point of view.
How to manage the money that an individual gets and invest it so as to generate additional money for him.
The importance of having a business project for the individual himself, and not looking at the fixed-job as a safety valve.