Rich Dad Poor Dad Summary (by Robert T. Kiyosaki)


Book Description

SUMMARY: Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not! This book is not meant to replace the original book but to serve as a companion to it. ABOUT ORIGINAL BOOK: This complete summary of the ideas from Robert Kiyosaki and Sharon Lechter's book "Rich Dad, Poor Dad" shows that what is in your head ultimately determines what is in your hands: if you want to improve your circumstances, you need to change the way you think. This summary highlights the importance of educating yourself and developing financial intelligence by spending time with successful people, reading books, and attending seminars. All in all, this summary shows that your life will be more rewarding and more fulfilling if you just take the time to learn and think about where you’re heading. DISCLAIMER: This is an UNOFFICIAL summary and not the original book. It designed to record all the key points of the original book.




Rich Dad's Increase Your Financial IQ


Book Description

For years, Robert Kiyosaki has firmly believed that the best investment one can ever make is in taking the time to truly understand how one's finances work. Too many people are much more interested in the quick-hitting scheme, or trying to find a short-cut to real wealth. As Kiyosaki has preached over and over again, one has to truly under the process of how money works before one can start out on trying to escape the daily financial Rat Race. Now, in this latest book in the popular Rich Dad Poor Dad series, Kiyosaki lays out his 5 key principles of Financial Intelligence for all to understand. In INCREASE YOUR FINANCIAL IQ, Kiyosaki provides real insights on these key steps to wealth: o How to increase your money -- how to assess what you're really worth now, what your prospects are, and how to start mapping out your financial future. o How to protect your money -- for better or for worse, taxes are a way of life. Kiyosaki shows you that "it's not what you make....it's what you keep." o How to budget your money -- everybody wants to live large, but you have to learn how to live within your budget. Kiyosaki shows you how you can. o How to leverage your money -- as you build your financial IQ, knowing how to put your money to work for you is a crucial step. o How to improve your financial information -- Kiyosaki shows you how to accelerate your wealth as you learn more and more.




Rich Dad, Poor Dad


Book Description

In Rich Dad Poor Dad, the #1 Personal Finance book of all time, Robert Kiyosaki shares the story of his two dad: his real father, whom he calls his poor dad,’ and the father of his best friend, the man who became his mentor and his rich dad.’ One man was well educated and an employee all his life, the other’s education was street smarts” over traditional classroom education and he took the path of entrepreneurship a road that led him to become one of the wealthiest men in Hawaii. Robert’s poor dad struggled financially all his life, and these two dads these very different points of view of money, investing, and employment shaped Robert’s thinking about money.Robert has challenged and changed the way tens of millions of people, around the world, think about money and investing and he has become a global advocate for financial education and the path to financial freedom. Rich Dad Poor Dad (and the Rich Dad series it spawned) has sold over 36 million copies in English and translated editions around the world.Rich Dad Poor Dad will explode the myth that you need to earn a high income to become rich challenge the belief that your house is an asset show parents why they can’t rely on the school system to teach their kidsabout money define, once and for all, an asset and a liability explain the difference between good debt and bad debt teach you to see the world of money from different perspectives discuss the shift in mindset that can put you on the road to financial freedom




Rich Dad's Cashflow Quadrant


Book Description

This work will reveal why some people work less, earn more, pay less in taxes, and feel more financially secure than others.




Rich Dad's Escape from the Rat Race


Book Description

How do you get a child interested in learning about finance? Give them a comic book! Robert Kiyosaki, author of the Rich Dad series, recognised the increasing need for people to begin their their journey to financial literacy - and life-long wealth - as early as possible, even before they become teenagers! In Escape from the Rat Race basic lessons about 'working to learn, not to earn', buying assets and understanding the financial statement are revealed through the kid-friendly tale of Timid E Turtle. When Tim runs out of cash at an amusement park his savvy friend, Red E Rat, shows him how to make money work for him - and tells Robert T. Kiyosaki's own riveting account of learning the basic principles of financial success. Illustrated with full-colour sequential art that ties in to Rich Dad's popular cashflow games and Website, here's a book that allows children - and reluctant readers of all ages - the chance to take their first steps towards financial success.




Rich Dad's Success Stories


Book Description

An extraordinary collection of business success stories--all applying the principles from the #1 "New York Times" bestseller "Rich Dad Poor Dad."




Rich Dad Poor Dad for Teens


Book Description

This special just-for-teens edition builds a foundation of self-confidence from which readers can realize their dreams of financial security in an increasingly challenging and unreliable job market. Teen-friendly advice, examples, sidebars and straight talk will supplement all of Rich Dad's core advice: Work to learn, not to earn. Don't say "I can't afford it"--Instead, say "How can I afford it' " And don't work for money - make money work for you! No matter how confident or "good in school" readers consider themselves to be, this makes financial intelligence available to all young people with its streamlined structure, clean design, and accessible voice.




Why the Rich Are Getting Richer


Book Description

It's Robert Kiyosaki's position that "It is our educational system that causes the gap between the rich and everyone else." He laid the foundation for many of his messages in the international best-seller Rich Dad Poor Dad -- the #1 Personal Finance book of all time -- and in Why the Rich Are Getting Richer, he makes his case... In this book, the reader will learn why the gap between the rich and everyone else grows wider. In this book, the reader will get an explanation of why savers are losers. In this book, the reader will find out why debt and taxes make the rich richer. In this book, the reader will learn why traditional education actually causes many highly educated people, such as Robert's poor dad, to live poorly. In this book, the reader will find out why going to school, working hard, saving money, buying a house, getting out of debt, and investing for the long term in the stock market is the worst financial advice for most people. In this book, the reader will learn the answers Robert found on his life-long search, after repeatedly asking the question, "When will we learn about money?" In this book, the reader will find out why real financial education may never be taught in schools. In this book, the reader will find out "What financially education is... really."




The Millionaire Next Door


Book Description

How do the rich get rich? An updated edition of the “remarkable” New York Times bestseller, based on two decades of research (The Washington Post). Most of the truly wealthy in the United States don’t live in Beverly Hills or on Park Avenue. They live next door. America’s wealthy seldom get that way through an inheritance or an advanced degree. They bargain-shop for used cars, raise children who don’t realize how rich their families are, and reject a lifestyle of flashy exhibitionism and competitive spending. In fact, the glamorous people many of us think of as “rich” are actually a tiny minority of America’s truly wealthy citizens—and behave quite differently than the majority. At the time of its first publication, The Millionaire Next Door was a groundbreaking examination of America’s rich—exposing for the first time the seven common qualities that appear over and over among this exclusive demographic. This edition includes a new foreword by Dr. Thomas J. Stanley—updating the original content in the context of the financial crash and the twenty-first century. “Their surprising results reveal fundamental qualities of this group that are diametrically opposed to today’s earn-and-consume culture.” —Library Journal




The Investment Answer


Book Description

What if there were a way to cut through all the financial mumbo-jumbo? Wouldn't it be great if someone could really explain to us-in plain and simple English-the basics we must know about investing in order to insure our financial freedom? At last, here's good news. Jargon-free and written for all investors-experienced, beginner, and everyone in between-The Investment Answer distills the process into just five decisions-five straightforward choices that can lead to safe and sound ways to manage your money. When Wall Street veteran Gordon Murray told his good friend and financial advisor, Dan Goldie, that he had only six months to live, Dan responded, "Do you want to write that book you've always wanted to do?" The result is this eminently valuable primer which can be read and understood in one sitting, and has advice that benefits you, not Wall Street and the rest of the traditional financial services industry. The Investment Answer asks readers to make five basic but key decisions to stack the investment odds in their favor. The advice is simple, easy-to-follow, and effective, and can lead to a more profitable portfolio for every investor. Specifically: Should I invest on my own or seek help from an investment professional? How should I allocate my investments among stocks, bonds, and cash? Which specific asset classes within these broad categories should I include in my portfolio? Should I take an actively managed approach to investing, or follow a passive alternative? When should I sell assets and when should I buy more? In a world of fast-talking traders who believe that they can game the system and a market characterized by instability, this extraordinary and timely book offers guidance every investor should have.