Personal finance

Rich Dad Poor Dad

Robert Kiyosaki

Cover of Rich Dad Poor Dad
Rich Dad Poor Dad
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Personal finance#money#investing

Rich Dad Poor Dad

Portrait of Robert Kiyosaki
Written byRobert Kiyosaki

Robert Kiyosaki contrasts the money lessons he learned from two father figures, and argues for financial education and building assets.

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  • Published1997
  • GenrePersonal finance
  • Key ideas6
  • Summary1 min read

Read it if you…

  • want to think differently about a problem

The summary

Key ideas in 1 minute.

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  1. 01Learn about money

    Schools rarely teach personal finance, so you have to learn it yourself.

  2. 02Assets vs liabilities

    Assets put money in your pocket; liabilities take it out. Aim to collect assets.

  3. 03Work to learn

    Choose work for the skills you gain, not only for the pay.

  4. 04Mind your own business

    Build something of your own alongside your job.

  5. 05Fear holds people back

    Fear and greed drive many money decisions. Notice them.

  6. 06Ask 'how can I afford it?'

    That question opens your mind more than saying 'I can't afford it'.

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Learn about money

Schools rarely teach personal finance, so you have to learn it yourself. Pick one small way to put this into practice before tonight.

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Photos via Wikimedia Commons — Robert Kiyosaki: Gage Skidmore from Surprise, AZ, United States of America · CC BY-SA 2.0 · Wikimedia Commons