Rich Dad Poor Dad is a best seller book written by Robert Kiyosaki. It was first published in 1997 and has changed the lives of many people who have been striving for financial independence since a long time in spite of being highly educated and working hard. Traditionally almost everybody has been taught to believe in getting the best education and working hard in a corporate job to become financially sound, rich and happy. But if you see people around you following this approach, you will surprisingly find that in spite of best education and working overtime in their jobs, they are still struggling to become rich and happy. The problem is that such people are not aware of the real and practical financial education. The book highlights the importance of financial literacy (financial education), financial independence and building wealth through investing in assets, real estate investing, starting and owning businesses, as well as increasing one’s financial intelligence (financial IQ) to improve one’s business and financial aptitude. Rich Dad Poor Dad is written in the style of a set of parables, ostensibly based on Kiyosaki’s life. It is a must read for everyone. It will totally change your traditional perspective of achieving financial independence and to live a life of your choice. Framed around six main teachings and lessons, the book is mostly a self-reflection. It also sheds light on the teachings given by rich to their kids, which is usually missed by poor as well as the middle class parents . It communicates the importance of intelligence and literacy in terms of finance and how financial and entrepreneurial skills play a vital role in the success. How to use power and prosper with the help of investment skills and why it is important to possess investment skills are also written in clear and crisp words in this book.
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