Book Review | Rich Dad Poor Dad by Robert Kiyosaki

Updated: Jul 17, 2020

Birth: April 8, 1947, Hilo, Hawaii, USA

Robert Kiyosaki, the author of the famous "Rich Dad, Poor Dad" Book, wrote some of the best financial freedom books in the world. He shared his economic situation with influential entrepreneurs like us and changed our perspective on life.


Rich Dad, Poor Dad by Robert Toru Kiyosaki is an important investment guide book for starters. In an ever changing economy it is important for people to have not just academic intelligence but financial intelligence in order to be successful.

This book gives so much information that many people never learned from their parents, in school or college. This book teaches smart ways to invest and ways to make your money work for you instead of having to work for your money.

This book appeals to all types of people. Whether you be a middle aged adult in a poor financial status, a rich person who doesn’t know what to do with their money or a young teenager hoping to succeed in the brutal economy of our world, this book will help.

Robert Toru Kiyosaki gives many examples of why people fail to succeed with their financing and how people can better themselves in the long run. One of the down sides to this book are that Kiyosaki focuses only on real estate...

Since the author is big into real estate most of his examples are based on things that he has done about real estate. However, real estate is not easy to get into and many people would not enjoy doing this kind of investing because of the risk factor.

Overall it is important that everyone read some kind of book -if not this one- that relates to financing in order to have a better future.


Quotes from Rich Dad Poor Dad by Robert Kiyosaki

“In school we learn that mistakes are bad, and we are punished for making them. Yet, if you look at the way humans are designed to learn, we learn by making mistakes. We learn to walk by falling down. If we never fell down, we would never walk.” /Robert Kiyosaki
Most people never get wealthy simply because they are not trained financially to recognize opportunities right in front of them. /Robert Kiyosaki
Failure inspires winners. Failure defeats losers./Robert Kiyosaki
“Winners are not afraid of losing. But losers are. Failure is part of the process of success. People who avoid failure also avoid success.” /Robert Kiyosaki

Money comes and goes, but if you have the education about how money works, you gain power over it and can begin building wealth./Robert Kiyosaki
Keep expenses low, reduce liabilities, and diligently build a base of solid assets./Robert Kiyosaki
A person can be highly educated, professionally successful, and financially illiterate./Robert Kiyosaki
The philosophy of the rich and the poor is this: the rich invest their money and spend what is left. The poor spend their money and invest what is left./Robert Kiyosaki

It is not gambling if you know what you’re doing. It is gambling if you’re just throwing money into a deal and praying./Robert Kiyosaki
The primary difference between a rich person and poor person is how they manage fear./Robert Kiyosaki
Most people fail to realize that in life, it’s not how much money you make, it’s how much money you keep./Robert Kiyosaki
Money is just an idea./Robert Kiyosaki

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