Rich Dad Poor Dad

Rich Dad Poor Dad is Robert Kiyosaki's best-selling book about the mindsets of the rich versus the poor and middle class. It challenges conventional wisdom about money and investing.

The book is based on Kiyosaki's experiences growing up with two father figures: his biological father (the 'poor dad') who was highly educated but struggled financially, and his best friend's father (the 'rich dad') who had little formal education but built a successful business empire.

Through contrasting these two perspectives, Kiyosaki illustrates important lessons about financial literacy, investing, and building wealth. He emphasizes that traditional education doesn't teach essential money management skills and that working for money alone won't lead to financial freedom.

Key concepts in the book include understanding the difference between assets and liabilities, the importance of financial education, and how the rich make money work for them rather than working for money. Kiyosaki also discusses tax strategies, real estate investing, and entrepreneurship as paths to wealth creation.

Since its publication in 1997, Rich Dad Poor Dad has become one of the most influential personal finance books of all time, selling millions of copies worldwide and inspiring countless readers to rethink their approach to money and investing.