Summary of Rich Dad Poor Dad

Rich Dad Poor Dad is a book written by Robert Kiyosaki that tells the story of his two father figures: his biological father (the “poor dad”) and the father of his best friend (the “rich dad”). The book provides lessons on how to acquire and build wealth. It emphasizes the importance of financial education and advocates for investments in assets such as real estate and businesses, rather than relying solely on income from a job. The author explains how the wealthy use their money to make more money and build wealth, while the poor and middle-class work for money and spend it on taxes and liabilities. Rich Dad Poor Dad also discusses the power of financial intelligence and the importance of being an entrepreneur, rather than an employee.