Summary and book reviews of Rich Dad, Poor Dad by Robert Kiyosaki

Rich Dad, Poor Dad

What the Rich Teach Their Kids about Money--that the Poor and the Middle Class Do Not!

By Robert Kiyosaki, Sharon L. Lechter

Rich Dad, Poor Dad
  • Critics' Opinion:

    Readers' Opinion:

  • Paperback: Apr 2000,
    223 pages.

    Publication Information

  • Rate this book


Buy This Book

About this Book

Book Summary

An overnight, word-of-mouth bestselling personal finance book phenomenon for millions of readers hoping to become masters of their money and create sustaining wealth for themselves and their families.

Personal-finance author and lecturer Robert T. Kiyosaki developed his unique economic perspective from two very different influences—his two fathers. One father (Robert's real father) was a highly educated man but fiscally poor. The other father was the father of Robert's best friend—that Dad was an eighth-grade dropout who became a self-made multimillionaire.

The lifelong monetary problems experienced by his "poor dad" pounded home the counterpoint communicated by his "rich dad." Taking that message to heart, Kiyosaki was able to retire at 47. Rich Dad, Poor Dad, written with consultant and CPA Sharon L. Lechter, lays out his philosophy behind Kiyosaki's relationship with money. Rich Dad, Poor Dad opens readers eyes by:
• Exploding the myth that you need to earn a high income to be rich

• Challenging the belief that your house is an asset

• Showing parents why they can't rely on the school system to teach their kids about money

• Defining once and for all an asset versus a liability...

and what to teach your kids about money for their future financial success.

Contents

There Is A Need

Part I: Lessons

  • Chapter One: Rich Dad, Poor Dad
  • Chapter Two: Lesson One - The Rich Don't Work for Money
  • Chapter Three: Lesson Two - Why Teach Financial Literacy?
  • Chapter Four: Lesson Three - Mind Your Own Business
  • Chapter Five: Lesson Four - The History of Taxes and the Power of Corporations
  • Chapter Six: Lesson Five - The Rich Invent Money
  • Chapter Seven: Lesson Six - Work to Learn-Don't Work for Money

Part II: Beginnings

  • Chapter Eight: Overcoming Obstacles
  • Chapter Nine: Getting Started
  • Chapter Ten: Still Want More?
  • Epilogue: College Education for $7,000


Rich Dad, Poor Dad

I had two fathers, a rich one and a poor one. One was highly educated and intelligent; he had a Ph.D. and completed four years of undergraduate work in less than two years. He then went on to Stanford University, the University of Chicago, and Northwestern University to do his advanced studies, all on full financial scholarships. The other ...

Membership Advantages
  • Reviews
  • "Beyond the Book" backstories
  • Free books to read and review (US only)
  • Find books by time period, setting & theme
  • Read-alike suggestions by book and author
  • Book club discussions
  • and much more!
  • Just $10 for 3 months or $35 for a year
  • More about membership!

Reviews

Media Reviews
USA Today

Rich Dad, Poor Dad is a starting point for anyone looking to gain control of their financial future.

Author Blurb Zig Ziglar, world-renowned author and lecturer
To get over the top financially, you must read Rich Dad, Poor Dad It's common sense and market savvy for your financial future.

Author Blurb Mark Victor Hansen, co-author, New York Times #1 bestselling Chicken Soup for the Soul series
If you want all insider wisdom on how to personally get and STAY rich, read this book! Bribe your kids (financially if you have to) to do the same.

Reader Reviews
Judson White

Avoiding the "rat race"
In the book, Rich Dad, Poor Dad, Robert T. Kiyosaki sheds light on how to stay out of debt and make your money work for you. “It’s a rat race” says Kiyosaki -“They work for the owners of their company, for the government paying taxes, and for the ...   Read More

Elendu Obinna

knowing what is important
The middle class dream and ideal has long been society's standard for the successful individual. holding onto that point of view can have disastrous financial consequences in the years to come. Rich Dad, Poor Dad helps us distill what to strive hard ...   Read More

kien

this is a goodbook , i think so . Thanks .

Jayme
I have read this book many times in the course of starting, building and working my own business. It came to me as recommended reading as part of a company that helped me build my own business. It showed me a new way of thinking and how I too could...   Read More

Write your own review!

Membership Advantages
  • Reviews
  • "Beyond the Book" backstories
  • Free books to read and review (US only)
  • Find books by time period, setting & theme
  • Read-alike suggestions by book and author
  • Book club discussions
  • and much more!
  • Just $10 for 3 months or $35 for a year
  • More about membership!

Readalikes

Readalikes Full readalike results are for members only

If you liked Rich Dad, Poor Dad, try these:

Non-members are limited to two results. Become a member


Search Readalikes again
How we choose readalikes

Books with similar themes


Membership Advantages
  • Reviews
  • "Beyond the Book" backstories
  • Free books to read and review (US only)
  • Find books by time period, setting & theme
  • Read-alike suggestions by book and author
  • Book club discussions
  • and much more!
  • Just $10 for 3 months or $35 for a year
  • More about membership!
Member Benefits

Join Now!

Check the advantages!
Just $10 for 3 months or $35 for a year

    •  
    • FREE
    • MEMBER
    • Range of media reviews for each book
    • Excerpts of all featured books
    • Author bios, interviews and pronunciations
    • Browse by genre
    • Book club discussions
    • Book club advice and reading guides
    • BookBrowse reviews and "beyond the book" back-stories
    •  
    • Reviews of notable books ahead of publication
    •  
    • Free books to read and review (US Only)
    •  
    • Browse for the best books by time period, setting & theme
    •  
    • Read-alike suggestions for thousands of books and authors
    •  
    • 'My Reading List" to keep track of your books
    •  
Sign up, win books!

Editor's Choice

  • Book Jacket: The Hundred-Year House
    The Hundred-Year House
    by Rebecca Makkai
    Rebecca Makkai's sophomore novel The Hundred-Year House could just have easily been titled ...
  • Book Jacket
    The Valley of Amazement
    by Amy Tan
    "Mirror, Mirror on the wall
    I am my mother after all!"


    In my pre-retirement days as a professor ...
  • Book Jacket: A Man Called Ove
    A Man Called Ove
    by Fredrik Backman
    Reading A Man Called Ove was like having Christmas arrive early. Set in Sweden, this debut novel is ...

First Impressions

Members read and review books ahead
of publication. See what they think
in First Impressions!

Books that
expand your
horizons.

Visitors can view a lot of BookBrowse for free. Full access is for members only

Find out more.

Book Discussions
Book Jacket

Tomlinson Hill
by Chris Tomlinson

Published Jul. 2014

Join the discussion!

Win this book!
Win The Angel of Losses

The Angel of Losses

"Family saga, mystery, and myth intersect in Feldman's debut novel." - Booklist

Enter

Word Play

Solve this clue:

E C H A Silver L

and be entered to win..

Books thatinspire you.Handpicked.

Books you'll stay up all night reading; books that will whisk you to faraway places and times, books that will expand your mind and inspire you -- the kinds of books you just can't wait to tell your friends about.