In the book “Rich dad, poor dad”, Hawaiian-born American businessman Robert Toru Kiyosaki preaches the importance of financial education by writing about his upbringing and how it influenced his life going forward;from his career path to his success in the business and investment world. The author shares the lessons imparted onto him by his “Rich Dad”, a local businessman who eventually groomed the author and his best friend, Mike, into successful entrepreneurs. The book outlines six key lessons throughout nine chapters that give the reader a basic understanding of the key concepts of financial literacy, including “minding your own business” and the importance of understanding “cashflow” among others.
The book is written in a very “conversationalist” style which makes the reader feel as if they are sitting with the author just talking about life. This style of writing lends itself to being a very light and leisurely read, perfect for the layman just beginning to find an interest in personal finance. Throughout the book, the author makes sure to repeatedly emphasize some key points here and there, which to a certain extent makes the book feel a little repetitive in some parts, but all in all really helps to drive home the points that the author deems important for the reader to really understand and remember.
After finishing the book, it wasn’t hard to see why “Rich Dad, Poor Dad” was not only a New York Times Bestseller, but also managed to sell over 32 million copies worldwide. It’s conversationalist style as well as it’s use of simple language and diagrams to explain financial concepts helps readers just getting into the world of finance and investing to understand and really appreciate the complexities of the business world as well as the importance of financial education. “Rich Dad, Poor Dad” was written with those completely unfamiliar with the business world in mind and serves as a fantastic introduction. Anyone who thinks they fit this description and wishes to start their journey to financial enlightenment should definitely pick up this book and give it a read!
Length: 243 Pages (9 Chapters)
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