Showing posts with label Robert Kiyosaki. Show all posts
Showing posts with label Robert Kiyosaki. Show all posts

Saturday, January 25, 2014

Rich Dad, Poor Dad by Robert Kiyosaki - Notes and Highlights









ABOUT THE BOOK:

Rich Dad, Poor Dad is a book written by Robert Kiyosaki and co-authored by Sharon  Lechter. It was published on April 1, 2000. It is an international bestseller book which advocates financial independence and wealth building through investing, starting and owning businesses, as well as financial intelligence.  This book accentuated the possession of high value assets that produces cash flow, rather than being an employee and only working to get paycheck which is only enough or may not be enough for monthly expenses.


Some of the book's topics are:
  • Robert Kiyosaki's personal story
  • The difference between assets and liabilities
  • What the rich teach their kids about money that the poor and middle class do not
  • The idea that your primary residence is not an asset, but a liability
  • The value of financial intelligence and financial literacy
  • The importance of investing and entrepreneurship