The writer Robert T Kiyosaki comes with the idea of the comparison of his real dad with his friend's father on the basis of their understanding of the financial field and utilization of mind for investing money.
The basic idea about the book is that writer belongs to a poor middle-class family and how he developed his understanding of money. As every father wants to teach their children their own way of earning money and how they think about it.
This book is one of the Best Seller and # 1personal finance book of all time.
In this book, the author said that he had two fathers .the rich one and poor one. The poor dad would say the love of money is the root of all evil the rich dad says The lack of money is the root of all evil.
for example, The poor dad recommends study hard so you can find a good company to work for. The rich dad recommend study hard so you can find a good company to buy poor dad said When it comes to money play it safe don't take risks and rich dad said learn to manage risk The Author gives ten lessons in the book
- Rich dad, Poor.
- the rich don't work for money
- why teach financial literacy
- work to learn - don't work for money
- the rich invent money
- mind your own business
- the history of taxes
- overcoming obstacles
- getting started
- Still want more?
The Lesson of the book for more money is as the rich dad always invest money in aspects like property, stocks, bonds, notes, real estate. for more income the poor dad invests money in liabilities like clothing, fun, expensive things, so, his expenses are more and income is very low.
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