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    Rich Dad Poor Dad Review

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    Hassan Ahmad

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    © All Rights Reserved
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    Rich Dad Poor Dad Review

    Uploaded by

    Hassan Ahmad
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    Rich Dad Poor Dad review

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    4 views1 page

    Rich Dad Poor Dad Review

    Uploaded by

    Hassan Ahmad

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
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    Book Review (Rich Dad Poor Dad)

    Rich Dad Poor Dad is a self-help book written by Robert Kiyosaki and Sharon Lechter that provides
    valuable insights into the world of finance and personal finance. The book has been hugely popular ever
    since its publication in 1997 and has become a classic in the field of financial education. In this book,
    Kiyosaki shares his personal experiences growing up with two fathers – his real dad and his best friend’s
    dad, whom he called his ‘rich dad’. The book is written in a conversational style and the author uses his
    own life experiences to illustrate important financial lessons.
    One of the key messages of the book is that the traditional methods of acquiring wealth are not effective
    in today’s world. Kiyosaki argues that the conventional wisdom of going to school, getting a good job,
    and saving money is not enough to achieve financial freedom. He suggests that individuals need to take a
    more proactive approach to their finances by developing new skills, taking calculated risks, and investing
    in assets that will generate passive income. Kiyosaki also emphasizes the importance of financial
    education and encourages readers to think for themselves, challenge conventional wisdom, and take
    control of their financial future.
    Another important theme in Rich Dad Poor Dad is the concept of financial intelligence. Kiyosaki argues
    that financial intelligence is just as important as traditional intelligence, and that it is essential for
    individuals to develop their financial literacy in order to achieve financial freedom. He stresses the
    importance of learning how to manage money, understand financial statements, and invest in assets that
    will generate passive income. Throughout the book, Kiyosaki provides practical advice on how to
    increase financial intelligence and make smart financial decisions.
    One of the most memorable lessons in the book is the distinction between assets and liabilities. Kiyosaki
    explains that assets are investments that generate income, while liabilities are expenses that drain income.
    He suggests that individuals should focus on acquiring assets rather than liabilities, as assets will provide
    a source of passive income over time. He also provides practical advice on how to identify assets and
    liabilities, and how to make smart investment decisions.
    Rich Dad Poor Dad also touches on the importance of taking calculated risks. Kiyosaki argues that taking
    risks is essential for success and that individuals should be willing to take calculated risks in order to
    achieve their financial goals. He stresses that taking risks is not the same as being irresponsible, and that
    individuals should only take risks after they have done their due diligence and have a clear understanding
    of the potential outcomes. Throughout the book, Kiyosaki provides practical advice on how to identify
    and manage risk in a responsible manner.
    In addition to its practical advice and financial lessons, Rich Dad Poor Dad is also an entertaining read.
    Kiyosaki’s writing style is engaging and entertaining, and he uses real-life stories to illustrate important
    financial concepts. The book is also filled with humor, making it a fun and enjoyable read for those who
    are interested in financial education.
    In conclusion, Rich Dad Poor Dad is a must-read for anyone who wants to improve their financial literacy
    and achieve financial freedom. The book provides valuable insights into the world of finance and
    personal finance, and its practical advice and financial lessons are essential for anyone who wants to take
    control of their financial future. Whether you are just starting out on your financial journey or are already
    an experienced investor, Rich Dad Poor Dad is a book that will provide you with valuable insights and
    practical advice that will help you achieve your financial goals.

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