
Rich Dad Poor Dad by Robert Kiyosaki
Author: Robert Kiyosaki
Publisher: Plata Publishing
Release Date: April 5, 2022
Paperback
336 pages
đ§ What Itâs Really About
Rich Dad Poor Dad is less about tactical investing and more about financial mindset. Kiyosaki contrasts the money philosophies of his two âdadsâ:
- One follows the traditional path of education, career, and saving (the âPoor Dadâ)
- The other (his best friendâs father) preaches entrepreneurship, asset-building, and financial independence (âRich Dadâ)
Itâs a story-driven book that challenges the way weâre taught to think about jobs, money, and security.
đĄ What Hit Me Hard
- âThe rich donât work for money; they make money work for them.â
It reframes the goal from earning income to building assets. Mindset shift = unlocked. - Financial education isnât taught in schools.
Weâre 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 cashâitâs a liability. - Fear and comfort are expensive.
Many people stay in jobs they dislike because they fear financial instability. That fear fuels the ârat race.â - The tax system favors business owners and investors.
A blunt truth, but an important oneâespecially in the U.S.
đĽ 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 ârulesâ of money arenât working for them
- Aspiring entrepreneurs or investors who need a mindset kickstart
â 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 assetsâeven small ones (ETFs, side hustles, rental shares)
- Rethink your career goals: are they giving you financial freedom or just stability?
- Invest in financial educationânot just formal schooling
- Start asking: âIs this purchase helping me earn, or just helping me feel?â
đ§ž Final Thoughts
Kiyosaki isnât for everyone. Some of his ideas can feel extreme or overly simplified. And he doesnât 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 playbookâitâs a spark.
Rating: 4/5 âď¸
âď¸ Provocative
âď¸ Accessible
âď¸ Mindset-altering
âď¸ Light on specifics
âď¸ Can feel repetitive