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RICH DAD POOR DAD:

-ROBERT KIYOSAKI RICH DAD POOR DAD

INTRODUCTION:

The book is largely based on kiyosaki’s upbringing and education in Hawaii . The book highlights the different attitudes to money , work and life of two men and how they in turn influenced kiyosaki’s life. INTRODUCTION

SUMMARY:

The book is basically about what people must learn and practice in order to become financially independent. The book basically talks about two different point of view {rich dad vs. poor dad} His poor dad was a PhD holder who worked for government , but never really attained financial independence on the other hand his rich dad did not graduate from high school , but later become a very rich man. SUMMARY

THEME UNDERSTANDING:

The main theme that’s apparent in the book is that for an individual to be wealthy , he must aim to own the system or means of production , rather than working for another individual. THEME UNDERSTANDING

OBJECTIVES:

The following are the lessons which played a major role in authors life Lesson 1 - THE RICH DON’T WORK FOR MONEY. Lesson 2 - WHY TEACH FINANCIAL LITERACY? Lesson 3 - MIND YOUR OWN BUSINESS. Lesson 4 - THE HISTORY OF TAXES AND THE POWER OF CORPORATIONS. Lesson 5 - THE RICH INVENT MONEY. Lesson 6 - WORK TO LEARN-DON’T WORK FOR MONEY. OBJECTIVES

KEY LEARNING :

Making more money will not solve your problem if money management is your problem. Don’t work under money , make money work for you. Get over the fear of loosing the money , for people pain of loosing the money is more than that of the joy of getting rich Don’t wait for opportunities create opportunities KEY LEARNING

RECOMMENDATION:

It was an outstanding book. I heartily recommend it for improving your financial intelligence. RECOMMENDATION

CONCLUSION:

The author concluded by stating that parents should teach these lessons to their children early enough, in order to guarantee their child's financial future. CONCLUSION

THANK YOU:

THANK YOU

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