Book Review : Rich Dad Poor Dad

Rich Dad Poor Dad is another book that has been educational for me and somewhat biographical. Although the story mentions two contrasts, it is not entirely all it seems. From the title alone, one may assume that this book is only concerned about money and the views and perspective through Rich Dad’s view and the view of a Poor Dad. This book had been on my radar for a long time, and I figured in February that it would be time I read it. It sparked my interest because I have seen quotes about the ideas within this book on social media and how many others criticise the opinions of the writer Robert Kiyosaki.

Rich Dad Poor Dad talks about various principles that apply to finances and how we deal with other people and our mindset. In the beginning stages of the book, despite being a wealthy man, Robert outlines how he came up from humble beginnings where his father was in education and viewed money from a poor/middle-class perspective. Through his story and his growth in knowledge taught to him by his Rich dad, he was encouraged to embrace a different way of looking at money and obtaining wealth. I learned a lot from this book, but I’ll be honest and say I can’t entirely agree with some things. However, it did have me reflecting on my own choices and decisions. Reading this book also taught me to have a more positive and “I can” mentality regarding money and other things I want to achieve in life.

Without giving too much away, I’ll outline eight things I learned from this book;

–          Education is more important than you think. Knowledge is both necessary and powerful

–         You must have a profound reason why you want to be rich; it must come from a deep emotion

–         Always Pay yourself first

–         Invest in what you love and understand

–         Associate with and connect with those that are smarter than you

–         Learn to use your emotions to think and not the other way around

–         Never play it safe if you want a life of abundance

Recommendable?: Absolutely. Although it is a study guide, it is not as complicated to understand as some may think. I found the information very simple to digest. I also learn many more lessons from this book that I will be applying contextually to my own life.

Rating ?: 4/5

Many versions of this book have been written to fit current times and different times economically and environmentally. I read the 20th-anniversary edition from 2017. Older versions might read differently.

Thanks For Reading

Sincerely Yours

Owen

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this:
search previous next tag category expand menu location phone mail time cart zoom edit close