
Rich Dad Poor Dad by Robert Kiyosaki
Author: Robert Kiyosaki
Publisher: Plata Publishing
Release Date: April 5, 2022
Paperback
336 pages
š§ What Itās Really About
Rich Dad Poor Dad is less about tactical investing and more about financial mindset. Kiyosaki contrasts the money philosophies of his two ādadsā:
- One follows the traditional path of education, career, and saving (the āPoor Dadā)
- The other (his best friendās father) preaches entrepreneurship, asset-building, and financial independence (āRich Dadā)
Itās a story-driven book that challenges the way weāre taught to think about jobs, money, and security.
š” What Hit Me Hard
- āThe rich donāt work for money; they make money work for them.ā
It reframes the goal from earning income to building assets. Mindset shift = unlocked. - Financial education isnāt taught in schools.
Weāre trained to be employees, not owners. That gap creates lifelong consequences. - Assets vs. Liabilities is everything.
Buy things that generate income. That car or big house might feel like success, but if it drains cashāitās a liability. - Fear and comfort are expensive.
Many people stay in jobs they dislike because they fear financial instability. That fear fuels the ārat race.ā - The tax system favors business owners and investors.
A blunt truth, but an important oneāespecially in the U.S.
š„ Who This Book Is For
- Young professionals just starting their financial journey
- Anyone stuck in a paycheck-to-paycheck loop
- People who feel like the ārulesā of money arenāt working for them
- Aspiring entrepreneurs or investors who need a mindset kickstart
ā What You Can Actually Do With It
- Track your income and expenses, and identify what truly qualifies as an asset
- Start investing in cash-flowing assetsāeven small ones (ETFs, side hustles, rental shares)
- Rethink your career goals: are they giving you financial freedom or just stability?
- Invest in financial educationānot just formal schooling
- Start asking: āIs this purchase helping me earn, or just helping me feel?ā
š§¾ Final Thoughts
Kiyosaki isnāt for everyone. Some of his ideas can feel extreme or overly simplified. And he doesnāt always back things up with data. But if you’re in need of a mental reset about how wealth is actually built, this book delivers. It’s not a playbookāitās a spark.
Rating: 4/5 āļø
āļø Provocative
āļø Accessible
āļø Mindset-altering
āļø Light on specifics
āļø Can feel repetitive