Rich Dad Poor Dad Free book by robert kiyosaki on Windows Pc

Author - Robert Kiyosaki, Sharon L. Lechter.

Language - English

Rich Dad Poor Dad is a book written by Robert Kiyosaki. This book advocates the importance of financial, financial independence and building wealth through investing in assets, real estate investing, investing in stock markets, trading shares, starting and owning businesses and not relying on loans, as well as increasing one's financial intelligence (financial IQ) to improve one's business and financial aptitude.Rich Dad Poor Dad is written in the style of a set of parables, ostensibly based on Kiyosaki's life.

“The main reason people struggle financially is because they have spent years in school but learned nothing about money. The result is that people learn to work for money but never learn to have money work for them.” – Robert Kiyosaki

Rich Dad Poor Dad has sold over 32 million copies in more than 51 languages across more than 109 countries been on the New York Times bestsellers list for over six years and received positive reviews from some critics. Kiyosaki's earlier two businesses went bankrupt.Thereafter he set up a company for financial and real estate education that has done well thus far.He operates other external business ventures and investments. Many are concentrated in the information technology (mobile apps and internet), publishing, retail, education, insurance, mining, energy, stock market,trading and real estate industries.

He states that assets generate cash inflow or income, such as stock dividends, rental income from properties, or income from businesses, and the term "liabilities" as things that devour cash out of ones pocket, such as one's personal residence, consumer loans, car loans, mortages ,credit card payments and student loans ande prevent us from living rich . He also says one cannot get rich just by going to college of business in other words getting an mba degree.

Rich dad poor dad quotes "Bad debt is bad, good debt is good"! Your mortgage investment loan is in fact a good debt, and it makes sense to hold on to the good debt for a longer period. He also says “Insurance is a very important mean in terms of the life plan of any person. The problem is that you can’t. Buy it whenever you need it. We should predict what will you need and buy it, hoping that you will never need it “. After some criticism and controversy Kiyosaki has responded that he is "pro-education" in terms of building wealth,cash via financial education and that he is "anti-education" in terms of the lack of financial education being taught in the American(USA) school system.

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