Rich Dad Poor Dad (Book Review) - 1485 Words

Rich Dad Poor Dad by Robert T Kiyosaki * The book Rich dad poor dad is the 1# New York Times the Wall Street Journal seller. * The tag line of the book â€Å"what the rich teach their kids about money- that the poor and middle class do not!† says it all, what the entire book is about. * The book Rich Dad poor Dad tells us about the difference between what a rich dad teaches to his child compared to what a poor dad teaches. * It tells about a story in which the narrator has two fathers one was the original father who is referred as the poor dad and the other is his friend mike’s father who is referred to as the rich†¦show more content†¦* It is by this knowledge that the rich are able to generate their assets. * The author goes on to say that an individual earns money pays taxes and lives life with the money that is left whereas the corporation earns money spends the earned money n pay taxes on the money that is left. * Thus it can be concluded that this short chapter talks about the advantages o f forming a corporation Chapter 6: The Rich Invent Money: * In this chapter the author goes into the details of all his experiences over the years to show that how easily any person can invent money once you are financially literate. * The author feels that every person has some or the other talent with which he is born the problem is that he does not use this talent because of self-doubt and fear. * The author says that some people have the money and the ability,but they don’t take risk due to the fear of rejection. * The author’s idea is that people should create luck; they should not wait for it. He relates the same thing to money according to him money should also be created. * He also describes the importance of education in this chapter and he thinks that a trained mind is a rich mind. * According to the writer an intelligent individual builds his own knowledge base and therefore has more power over those who don’t. Chapter 7: Work to Learn, Don’t work for money: * In thisShow MoreRelatedBook Review Of Rich Dad Poor Dad1316 Words   |  6 PagesRich Dad Poor Dad Book Review The book is the account of a man (the storyteller and writer) who has two fathers: the first was his organic father – the poor father - and the other was the father of his youth closest companion, Mike – the rich father. The two fathers instructed the creator how to make progress however with extremely divergent methodologies. It ended up noticeably obvious to the creator which fathers approach appeared well and good. All through the book, the writer thinks about theRead MoreRich Dad, Poor Dad Book Review1145 Words   |  5 PagesThis is the introduction to the book Rich Dad Poor Dad by Robert T. Kiyosaki. This is especially true in the context of Asian countries where most of us are told to cram for exams, get good grades (top the class if possible) and jobs with fat paychecks and benefits. Though times are changing and so are people, there are some classic mindsets that we yet harbor-If my kid doesn’t get an â€Å"A† in mathematics and science how will (s)he be successful in life? This book shatters all these mindsets. BecauseRead MoreDrama And Themes Of Drama1111 Words   |  5 Pageswhat this movie is going to be about and expectations based on the previews prior to entering the movie theater. An additional spin on this movie, which often makes the actors and directors work more difficult, the book became popular prior to the movie being created. 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Due to this type of thinkingRead MoreThe Year Of The Flood By Margaret Atwood1993 Words   |  8 PagesENG4U - Interim ISU Progress Report The book I have chosen to read for my ISU is Margaret Atwood’s ‘The Year of the Flood’. The book has 434 pages in total and I am currently on page 170. The book is not hard to read, but the fact that it switches from different times and perspectives every chapter, which are not consistent or within a certain pattern occasionally makes it confusing. This book is also different from the books I am used to reading, giving me a unique and interesting change in perspectiveRead MoreAnalysis Of On Dumpster Diving Essay1671 Words   |  7 Pagesto waste resources that may be valuable to others. Aside from food, he additionally describes the emotional impact that living out of a dumpster can have on a person. He describes finding sad things such as abandoned teddy bears, shredded wedding books, and pets lying in state. Seeing the pets makes him think about his dog Lizbeth and how she is likely to end up with a dumpster as her final resting place, as Eighner does not see himself having a place for her before she passes on. Rummaging causesRead More The American Dream in Lorraine Hansberrys A Raisin in the Sun and Arthur Millers Death of a Salesman 2744 Words   |  11 Pagesequal rights. They thought this was all they needed and they would be truly happy. Somewhere over the course of time; happiness had a new meaning for all Americans. Now material possessions are what it takes to be happy. The American dream is to be rich. A Raisin in the Sun, written by Lorraine Hansberry, and Death of a Salesman, written by Arthur Miller, both address the American Dream. Both plays discuss the desire for wealth and how the desire may lead to one’s downfall. However, each playRead MoreAffairs, Nick, and Gatsby in Fitzgeralds The Great Gatsby1255 Words   |  6 Pagesis the narrative reader in The Great Gatsby. 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