Tab Article

Ratings: ★★★★☆ (4.6/5)
Genre: Personal Finance, Business, Self-Help, Entrepreneurship, Investing, Nonfiction

Book Review:
''Rich Dad Poor Dad'' by Robert Kiyosaki is more than a personal finance book; it's a cultural phenomenon that has reshaped how millions think about money, work, and wealth. Through the contrasting lessons from his two ''dads''—his highly educated but financially struggling real father (''Poor Dad'') and the entrepreneurial, wealth-focused father of his best friend (''Rich Dad'')—Kiyosaki challenges conventional wisdom. The book's core lesson is the crucial difference between assets and liabilities, and the imperative to buy assets that generate income. It fiercely critiques the ''go to school, get a good job'' mentality, advocating instead for financial literacy, entrepreneurship, and building investment portfolios. While some of its advice is oversimplified and has been criticized by financial professionals, its true power lies in its ability to shift mindsets. It encourages readers to stop working for money and start making money work for them. The writing is straightforward and the parables are memorable, making complex financial concepts accessible. Whether you agree with all his strategies or not, ''Rich Dad Poor Dad'' is an essential, eye-opening starting point for anyone looking to break free from the paycheck-to-paycheck cycle and take control of their financial future. It’s the book that starts the conversation.