It evokes the concept of financial freedom through investing, real estate, business ownership, and the use of financial protection tactics. Rich Dad Poor Dad is written in an anecdotal way and is aimed at creating public interest in finance.
Kiyosaki and Lechter advise that owning a system or form of production is better than being a salaried employee. This is a recurring theme throughout the book's chapters.
The book is based on the financial education that Kiyosaki received from his "Father Rio" in Hawaii, although the degree of fiction of these anecdotes is up for debate. Due to the heavy use of allegories, some readers believe that Kiyosaki deliberately created his "Father Rio". The book highlights the different attitudes towards money, work and life of these two and how they influenced the lives of both.
Main themes of the book
The importance of financial education
Corporations spend first, then pay taxes, while individuals pay taxes first.
Corporations are artificial entities that anyone can use, but the poor generally do not have access to them or know how to do so.
According to Kiyosaki and Lechter, wealth is measured as the number of days that the income from your assets can sustain you, and financial freedom is achieved when your monthly income from your assets exceeds your monthly expenses.
Many readers believe that the "Father Rio" in the book is actually the founder of the Hawaii ABC Stores.
“Saving money is not going to make you rich.”
"Physical exercises improve health, mental exercises improve wealth, laziness destroys both."
Kiyosaki and Lechter advise that owning a system or form of production is better than being a salaried employee. This is a recurring theme throughout the book's chapters.
The book is based on the financial education that Kiyosaki received from his "Father Rio" in Hawaii, although the degree of fiction of these anecdotes is up for debate. Due to the heavy use of allegories, some readers believe that Kiyosaki deliberately created his "Father Rio". The book highlights the different attitudes towards money, work and life of these two and how they influenced the lives of both.
Main themes of the book
The importance of financial education
Corporations spend first, then pay taxes, while individuals pay taxes first.
Corporations are artificial entities that anyone can use, but the poor generally do not have access to them or know how to do so.
According to Kiyosaki and Lechter, wealth is measured as the number of days that the income from your assets can sustain you, and financial freedom is achieved when your monthly income from your assets exceeds your monthly expenses.
Many readers believe that the "Father Rio" in the book is actually the founder of the Hawaii ABC Stores.
“Saving money is not going to make you rich.”
"Physical exercises improve health, mental exercises improve wealth, laziness destroys both."
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