Rich Dad, Poor Dad : what the rich teach their kids about money — that the poor and middle class do not by Robert T. Kiyosaki

Excellent book to learn the basics of money management. A true financial Bible from a man who retired at the age of 47 using the techniques described in this text. You’ll learn many financial terms such as income, expenses, assets, and liabilities. Robert integrates these ideas with thought-provoking childhood memories to better illustrate the theories presented in Rich Dad, Poor Dad.

This book attempts to teach the reader how the rich free themselves from the so-called “rat race” by achieving financial freedom through passive income. E.g. Profits from businesses, patent royalties for an invention, licensing fees from brands, dividends from investments, rent from real estate.

Robert Kiyosaki breaks complex concepts down into easy to understand bite-size chunks of information. Short book worth its weight in gold. After all, you can’t build a skyscraper without a foundation.

Reviewed by Ben

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