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Rich Dad Poor Dad: What the Rich Teach Their Kids about Money That the Poor and Middle Class Do Not!

by Robert T. Kiyosaki

A personal-finance argument told through two father figures

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AlbakiReads Editorial

A personal-finance argument told through two father figures

Robert T. Kiyosaki frames his lessons about money and investing through memories of his own father and his best friend’s father, whose contrasting perspectives shaped his thinking. The book questions common assumptions about income, home ownership, assets, and liabilities, while drawing a distinction between earning money through work and putting money to work. This anniversary edition preserves the original core content and includes updated sidebars and a section on the significance of milestones. Its subject is financial education: how people understand money, what they pass on to children, and how those ideas inform plans for the future.

Good fit for readers who enjoy

  • Adults seeking an introductory personal-finance perspective on money and investing
  • Parents interested in discussing financial education with children
  • Readers curious about contrasting views on income, assets, and liabilities

Themes

Financial educationMoney and investingAssets and liabilitiesIntergenerational learning

Based on publisher information and book metadata.

Book overview

April of 2022 marks a 25-year milestone for the personal finance classic Rich Dad Poor Dad that still ranks as the #1 Personal Finance book of all time. And although 25 years have passed since Rich Dad Poor Dad was first published,
readers will find that very little in the book itself has changed -- and for
good reason. While so much in our world is changing a high speed, the lessons about money and the principles of Rich Dad Poor Dad haven't changed. Today, as money continues to play a key role in our daily lives, the messages in Robert Kiyosaki's international bestseller are more timely and more important than ever.


Milestones

While there is a milestone to commemorate -- and a new section in the book on Why Milestones Are Important
-- preserving the integrity of the original content is testimony to the fact
that this book has truly stood the test of time. The sidebars throughout the
book (that were updated for the 20-year anniversary edition) have been updated again, but the core principles that parents and grandparents -- those who
embraced Robert's story and messages 25 years ago -- are sharing them with new
generations who have found that its timeless wisdom and no-nonsense lessons can
be applied to anyone's life and their vision for a future that includes taking
control of their finances.


People of all cultures and countries celebrate milestones. We use them to measure time, mark progress, reflect on the lessons we've learned, and
celebrate accomplishments... and they give meaning to our life's journey. They
are a way that we integrate past, present, and future... looking back at where we
started, where we are today... and the promise of all that the future can hold.


In the quarter century that has passed since Rich Dad Poor Dad was
first published -- 25 years since April 8, 1997 -- so many things in our world
have changed. But the one thing that has not changed is the pressing need for
and the power of financial education. Money is still a mainstay of our lives,
like it or not, and technology has brought both speed and innovations to the
world of money. In an ever-changing world, we can all still get smarter when it
comes to money... and learn as much as we can to secure our future.


Still the One... #1

Today Rich Dad Poor Dad consistently ranks among bestsellers around the world in the categories of Personal Finance, Parenting, and Investing, has been translated into 38 languages, and has sold more than 40 million copies worldwide.



Rich Dad Poor Dad is Robert's story of growing up with two dads --
his real father and the father of his best friend, his rich dad -- and the ways
in which both men shaped his thoughts about money and investing. The book
explodes the myth that you need to earn a high income to be rich and explains
the difference between working for money and having your money work for you.


In many ways, the messages of Rich Dad Poor Dad, messages that were
challenged and criticized 25 ago, are more meaningful, relevant, and important
today than ever.


Rich Dad Poor Dad...

- Explodes the myth that you need to earn a high income to become rich

- Challenges the belief that your house is an asset

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

- Defines once and for all an asset and a liability

- Teaches you what to teach your kids about money for their future financial success

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