Summary Of Rich Dad Poor Dad

SUMMARY: Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not! This book is not meant to replace the original book but to serve as a companion to it. ABOUT ORIGINAL BOOK: This complete summary of the ideas from Robert Kiyosaki and Sharon Lechter's book "Rich Dad, Poor Dad" shows that what is in your head ultimately determines what is in your hands: if you want to improve your circumstances, you need to change the way you think. This summary highlights the importance of educating yourself and developing financial intelligence by spending time with successful people, reading books, and attending seminars. All in all, this summary shows that your life will be more rewarding and more fulfilling if you just take the time to learn and think about where you’re heading. DISCLAIMER: This is an UNOFFICIAL summary and not the original book. It designed to record all the key points of the original book.

For years, Robert Kiyosaki has firmly believed that the best investment one can ever make is in taking the time to truly understand how one's finances work. Too many people are much more interested in the quick-hitting scheme, or trying to find a short-cut to real wealth. As Kiyosaki has preached over and over again, one has to truly under the process of how money works before one can start out on trying to escape the daily financial Rat Race. Now, in this latest book in the popular Rich Dad Poor Dad series, Kiyosaki lays out his 5 key principles of Financial Intelligence for all to understand. In INCREASE YOUR FINANCIAL IQ, Kiyosaki provides real insights on these key steps to wealth: o How to increase your money -- how to assess what you're really worth now, what your prospects are, and how to start mapping out your financial future. o How to protect your money -- for better or for worse, taxes are a way of life. Kiyosaki shows you that "it's not what you make....it's what you keep." o How to budget your money -- everybody wants to live large, but you have to learn how to live within your budget. Kiyosaki shows you how you can. o How to leverage your money -- as you build your financial IQ, knowing how to put your money to work for you is a crucial step. o How to improve your financial information -- Kiyosaki shows you how to accelerate your wealth as you learn more and more.

This special just-for-teens edition builds a foundation of self-confidence from which readers can realize their dreams of financial security in an increasingly challenging and unreliable job market. Teen-friendly advice, examples, sidebars and straight talk will supplement all of Rich Dad's core advice: Work to learn, not to earn. Don't say "I can't afford it"--Instead, say "How can I afford it' " And don't work for money - make money work for you! No matter how confident or "good in school" readers consider themselves to be, this makes financial intelligence available to all young people with its streamlined structure, clean design, and accessible voice.

How do you get a child interested in learning about finance? Give them a comic book! Robert Kiyosaki, author of the Rich Dad series, recognised the increasing need for people to begin their their journey to financial literacy - and life-long wealth - as early as possible, even before they become teenagers! In Escape from the Rat Race basic lessons about 'working to learn, not to earn', buying assets and understanding the financial statement are revealed through the kid-friendly tale of Timid E Turtle. When Tim runs out of cash at an amusement park his savvy friend, Red E Rat, shows him how to make money work for him - and tells Robert T. Kiyosaki's own riveting account of learning the basic principles of financial success. Illustrated with full-colour sequential art that ties in to Rich Dad's popular cashflow games and Website, here's a book that allows children - and reluctant readers of all ages - the chance to take their first steps towards financial success.

What if there were a way to cut through all the financial mumbo-jumbo? Wouldn't it be great if someone could really explain to us-in plain and simple English-the basics we must know about investing in order to insure our financial freedom? At last, here's good news. Jargon-free and written for all investors-experienced, beginner, and everyone in between-The Investment Answer distills the process into just five decisions-five straightforward choices that can lead to safe and sound ways to manage your money. When Wall Street veteran Gordon Murray told his good friend and financial advisor, Dan Goldie, that he had only six months to live, Dan responded, "Do you want to write that book you've always wanted to do?" The result is this eminently valuable primer which can be read and understood in one sitting, and has advice that benefits you, not Wall Street and the rest of the traditional financial services industry. The Investment Answer asks readers to make five basic but key decisions to stack the investment odds in their favor. The advice is simple, easy-to-follow, and effective, and can lead to a more profitable portfolio for every investor. Specifically: Should I invest on my own or seek help from an investment professional? How should I allocate my investments among stocks, bonds, and cash? Which specific asset classes within these broad categories should I include in my portfolio? Should I take an actively managed approach to investing, or follow a passive alternative? When should I sell assets and when should I buy more? In a world of fast-talking traders who believe that they can game the system and a market characterized by instability, this extraordinary and timely book offers guidance every investor should have.

In Rich Dad Poor Dad, the #1 Personal Finance book of all time, Robert Kiyosaki shares the story of his two dad: his real father, whom he calls his poor dad,’ and the father of his best friend, the man who became his mentor and his rich dad.’ One man was well educated and an employee all his life, the other’s education was street smarts” over traditional classroom education and he took the path of entrepreneurship a road that led him to become one of the wealthiest men in Hawaii. Robert’s poor dad struggled financially all his life, and these two dads these very different points of view of money, investing, and employment shaped Robert’s thinking about money.Robert has challenged and changed the way tens of millions of people, around the world, think about money and investing and he has become a global advocate for financial education and the path to financial freedom. Rich Dad Poor Dad (and the Rich Dad series it spawned) has sold over 36 million copies in English and translated editions around the world.Rich Dad Poor Dad will explode the myth that you need to earn a high income to become rich challenge the belief that your house is an asset show parents why they can’t rely on the school system to teach their kidsabout money define, once and for all, an asset and a liability explain the difference between good debt and bad debt teach you to see the world of money from different perspectives discuss the shift in mindset that can put you on the road to financial freedom

This work will reveal why some people work less, earn more, pay less in taxes, and feel more financially secure than others.

Kiyosaki shows how to reverse the effects of negative programming one receives in school, replacing them with new habits that will set individuals and their children up for financial and emotional success. "Robert Kiyosaki's work in education is powerful, profound, and life-changing."--Anthony Robbins, author of "Unlimited Power" and "Awaken the Giant Within."