RICH DAD POOR DAD SUMMARY

"Rich Dad Poor Dad" is a book by Robert Kiyosaki that advocates for financial literacy and the importance of building wealth through investing in assets. The book is written in the form of a narrative and uses the author's experiences growing up with two father figures to illustrate his financial lessons.

One of Kiyosaki's "dads," the "rich dad," taught him about the power of assets and how to build wealth through smart investing. The other, the "poor dad," had a traditional educational background and was taught the importance of working hard and saving money. Kiyosaki argues that the traditional approach of working hard, saving, and investing in low-risk, low-return investments, like bonds and savings accounts, is a slow and uncertain path to financial security.

Instead, Kiyosaki advocates for a more aggressive approach to building wealth through investing in assets such as real estate, stocks, and businesses. He stresses the importance of financial education and developing a growth mindset to become financially independent.

The book also explores the concept of financial ratios and how to analyze the financial health of a company or investment. Kiyosaki argues that financial education and a focus on building assets is the key to financial success and freedom, regardless of one's income or background.

Comments

Life α Exception Handling

Howdy Folks, Before starting this blog, I would like to ask some questions from my readers. 1. Do you have any plans or goals for your life? 2. If yes, then why did you choose this particular goal or plan? 3 . Did you have ever given a thought, through which process you would have to go, rather to achieve your goals? 4. And here comes the most Important Question. What if, you have done All the hard work and still you are not succeeded in your plans? Do you have any plans B or C to achieve your goals or like anyone else you will compromise and will settle for something less or different.? After reading these questions, I believe you must have looked into your own life as an example. We all have some aspirations in life, which when achieved will give us some sense of Satisfaction. But when, we plan something and contemplate , in order to achieve our targets , we all just have to put some hard work. That’s it? Is it enough? NO! It’s not. It’s not that

THINGS: I Never Wanted (Episode 1.)

It was chilly Saturday night of December when Vineet decided to visit Rohan's house (one of his best friends). The weather outside was Exceptionally Cool as compared to other nights, as from the morning, drizzling was continuously pouring down and also Rohan used to live in the society where the houses were surrounded by the large pine trees and goofy streets with blinking halogens. After some gossiping and chit -chat, both decided to have a little party, as Rohan's parents weren't at home and the weather outside was also adding in the mood. Rohan took out the whisky bottle and asked Vineet to play some music on his speakers. Music plays a crucial role in setting the mood or making the environment according to one's mood. Vineet started making the glasses of Hooch, and Rohan played a piece of soft soothing music in the background. Sometime after both of them were a little bit intoxicated, and they both started Talking and smiling(simultaneously). See Alcohol i

The Starting...

Hello to everyone out there. As the Title Say's ,it's my first blog . So in this first one, i'm not going share my stories or views straight away . Just wanna say wish me luck , so i can present you some of the best stories, my mind can produce or sometimes some views. So stay connected for some fascinating stuff coming straight away on your screens. Thank you. Piyush_Kher.👍

Life Motivational Stories

Search This Blog