Layers of fear explanation how to#
Rich Dad believed in financial education, learning how money works, and understanding how to make money work for you. He had a similar work ethic to Kiyosaki’s real dad, but with a twist. Rich Dad was the father of Kiyosaki’s best friend. Yet, despite these seemingly positive attributes, Poor Dad didn’t do well financially. Poor Dad believed in studying hard and getting good grades, then finding a well-paying job. Poor Dad was Kiyosaki’s biological father, a man who was highly intelligent and very well educated. Robert Kiyosaki, author of Rich Dad Poor Dad, had two main influential fathers in his life. Chapter 6: Work to Learn – Don’t Work for Money.Chapter 4: The History of Taxes and the Power of Corporations.Chapter 2: Why Teach Financial Literacy?.Chapter 1: The Rich Don’t Work for Money.We’ll cover the introduction and the first six lessons first, then the remaining four sections later in this review. Rich Dad Poor Dad contains a total of ten chapters plus the introduction, but much of the book is focused on the first six parts or lessons. Actionable to-do steps you can put to work right away.Ten steps to follow to develop your financial genius.Five obstacles to overcome before you can become rich and stay rich.Six lessons Robert Kiyosaki learned from his Rich Dad about making money and the mistakes that Poor Dad made.It destroys the myth that the rich are born rich, explains why your personal residence may not really be an asset, describes the real difference between an asset and a liability, and much more. The overarching theme of Rich Dad Poor Dad is how to use money as a tool for wealth development. The book has been translated into dozens of languages, sold around the world, and has become the #1 Personal Finance book of all time. Robert Kiyosaki’s Rich Dad Poor Dad was first published in 1997 and quickly became a must-read for people interested in investing, money, and the global economy.