Rich Dad Poor Dad PDF

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Rich Dad Poor Dad pdf

Download Rich Dad Poor Dad PDF free ebook by Robert Kiyosaki – Rich Dad Poor Dad is a 1997 book written by Robert Kiyosaki and Sharon Lechter. It advocates the importance of financial literacy (financial education), financial independence and building wealth through investing in assets, real estate investing, starting and owning businesses, as well as increasing one’s financial intelligence (financial IQ) to improve one’s business and financial aptitude. Rich Dad Poor Dad PDF is written in the style of a set of parables, ostensibly based on Kiyosaki’s life. Buy from Amazon

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Description of Rich Dad Poor Dad PDF

Rich Dad Poor Dad is about Robert Kiyosaki and his two dads—his real father (poor dad) and the father of his best friend (rich dad)—and the ways in which both men shaped his thoughts about money and investing.
You don’t need to earn a high income to be rich.
Rich people make money work for them

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.

American talk show host and media mogul Oprah Winfrey endorsed the book on her show. Another celebrity supporter is actor Will Smith, who said he is teaching his son about financial responsibility by reading the book.

PBS Public Television station KOCE, aired a 55-minute presentation of Robert Kiyosaki titled “Guide to Wealth” in 2006 which essentially summarises his Rich Dad Poor Dad book now available on PBS also honoured Robert Kiyosaki with an excellence in education award in 2005.

President Donald Trump has read and praised the book and compared the book to his book Trump: The Art of the Deal, which served as an inspirational book to Kiyosaki.

Trump later did a literary collaboration with Kiyosaki in 2006 called Why We Want You To Be Rich, Two Men One Message and a second book called Midas Touch: Why Some Entrepreneurs Get Rich — And Why Most Don’t in 2011. American fashion entrepreneur and investor Daymond John has called the book one of his favorites. American rapper Big K.R.I.T. made a song called “Rich Dad Poor Dad” though it had no connection to the book.

Content – Rich Dad Poor Dad PDF

Rich Dad Poor Dad……………………………………………………………………………1
Chapter One
Lesson 1: The Rich Don’t Work for Money ……………………………………………9
Chapter Two
Lesson 2: Why Teach Financial Literacy?……………………………………………..41
Chapter Three
Lesson 3: Mind Your Own Business ……………………………………………………71
Chapter Four
Lesson 4: The History of Taxes and the Power of Corporations…………………….. 79
Chapter Five
Lesson 5: The Rich Invent Money ………………………………………………………91
Chapter Six
Lesson 6: Work to Learn—Don’t Work for Money………………………………115
Chapter Seven
Overcoming Obstacles ……………………………………………………………………129
Chapter Eight
Getting Started ……………………………………………………………………………..145
Chapter Nine
Still Want More? Here Are Some To Do’s……………………………………………167
Final Thoughts ……………………………………………………………………………..173

Introduction to Rich Dad Poor Dad PDF Book Free

I had two fathers, a rich one and a poor one. One was highly
educated and intelligent. He had a Ph.D. and completed four years
of undergraduate work in less than two years. He then went on to
Stanford University, the University of Chicago, and Northwestern
University to do his advanced studies, all on full financial scholarships.
The other father never finished the eighth grade.
Both men were successful in their careers, working hard all their
lives. Both earned substantial incomes. Yet one always struggled
financially. The other would become one of the richest men in Hawaii.
One died leaving tens of millions of dollars to his family, charities, and
his church. The other left bills to be paid.
Both men were strong, charismatic, and influential. Both men
offered me advice, but they did not advise the same things. Both men
believed strongly in education but did not recommend the same course
of study. (Rich Dad Poor Dad PDF)
If I had had only one dad, I would have had to accept or reject his
advice. Having two dads offered me the choice of contrasting points
of view: one of a rich man and one of a poor man.
Instead of simply accepting or rejecting one or the other, I found
myself thinking more, comparing, and then choosing for myself. The
problem was that the rich man was not rich yet, and the poor man was not yet poor. Both were just starting out on their careers, and
both were struggling with money and families. But they had very
different points of view about money.
For example, one dad would say, “The love of money is the root
of all evil.” The other said, “The lack of money is the root of all evil.”
As a young boy, having two strong fathers both influencing me
was difficult. I wanted to be a good son and listen, but the two fathers
did not say the same things. The contrast in their points of view,
particularly about money, was so extreme that I grew curious and
intrigued. I began to start thinking for long periods of time about
what each was saying. (Rich Dad Poor Dad PDF)
Much of my private time was spent reflecting, asking myself
questions such as, “Why does he say that?” and then asking the same
question of the other dad’s statement. It would have been much
easier to simply say, “Yeah, he’s right. I agree with that.” Or to simply
reject the point of view by saying, “The old man doesn’t know what
he’s talking about.” Instead, having two dads whom I loved forced
me to think and ultimately choose a way of thinking for myself. As a
process, choosing for myself turned out to be much more valuable in
the long run than simply accepting or rejecting a single point of view.
One of the reasons the rich get richer, the poor get poorer, and
the middle class struggles in debt is that the subject of money is
taught at home, not in school. Most of us learn about money from
our parents. So what can poor parents tell their child about money?
They simply say, “Stay in school and study hard.” The child may
graduate with excellent grades, but with a poor person’s financial
programming and mindset.
Sadly, money is not taught in schools. Schools focus on scholastic
and professional skills, but not on financial skills. This explains how
smart bankers, doctors, and accountants who earned excellent grades
may struggle financially all of their lives. Our staggering national debt
is due in large part to highly educated politicians and government
officials making financial decisions with little or no training in the
subject of money. (Rich Dad Poor Dad PDF)

Today I often wonder what will soon happen when we have
millions of people who need financial and medical assistance. They
will be dependent upon their families or the government for financial
support. What will happen when Medicare and Social Security run
out of money? How will a nation survive if teaching children about
money continues to be left to parents—most of whom will be, or
already are, poor?
Because I had two influential fathers, I learned from both of
them. I had to think about each dad’s advice, and in doing so, I
gained valuable insight into the power and effect of one’s thoughts on
one’s life. For example, one dad had a habit of saying, “I can’t afford
it.” The other dad forbade those words to be used. He insisted I ask,
“How can I afford it?” One is a statement, and the other is a question.
One lets you off the hook, and the other forces you to think. My
soon-to-be-rich dad would explain that by automatically saying the
words “I can’t afford it,” your brain stops working. By asking the
question “How can I afford it?” your brain is put to work. He did
not mean that you should buy everything you want. He was fanatical
about exercising your mind, the most powerful computer in the
world. He’d say, “My brain gets stronger every day because I exercise
it. The stronger it gets, the more money I can make.” He believed that
automatically saying “I can’t afford it” was a sign of mental laziness.
Although both dads worked hard, I noticed that one dad had a
habit of putting his brain to sleep when it came to finances, and the
other had a habit of exercising his brain. The long-term result was
that one dad grew stronger financially, and the other grew weaker. (Rich Dad Poor Dad PDF)

It is not much different from a person who goes to the gym to exercise
on a regular basis versus someone who sits on the couch watching
television. Proper physical exercise increases your chances for health,
and proper mental exercise increases your chances for wealth.
My two dads had opposing attitudes and that affected the way
they thought. One dad thought that the rich should pay more in
taxes to take care of those less fortunate. The other said, “Taxes
punish those who produce and reward those who don’t produce.”

One dad recommended, “Study hard so you can find a good
company to work for.” The other recommended, “Study hard so you
can find a good company to buy.”
One dad said, “The reason I’m not rich is because I have you
kids.” The other said, “The reason I must be rich is because I have
you kids.”
One encouraged talking about money and business at the dinner
table, while the other forbade the subject of money to be discussed
over a meal.
One said, “When it comes to money, play it safe. Don’t take
risks.” The other said, “Learn to manage risk.”
One believed, “Our home is our largest investment and our
greatest asset.” The other believed, “My house is a liability, and if your
house is your largest investment, you’re in trouble.”
Both dads paid their bills on time, yet one paid his bills first while
the other paid his bills last. (Rich Dad Poor Dad PDF)
One dad believed in a company or the government taking care
of you and your needs. He was always concerned about pay raises,
retirement plans, medical benefits, sick leave, vacation days, and
other perks. He was impressed with two of his uncles who joined the
military and earned a retirement-and-entitlement package for life
after twenty years of active service. He loved the idea of medical
benefits and PX privileges the military provided its retirees. He also
loved the tenure system available through the university. The idea
of job protection for life and job benefits seemed more important,
at times, than the job. He would often say, “I’ve worked hard for the
government, and I’m entitled to these benefits.”
The other believed in total financial self-reliance. He spoke out
against the entitlement mentality and how it created weak and financially
needy people. He was emphatic about being financially competent.
One dad struggled to save a few dollars. The other created
investments. One dad taught me how to write an impressive resumé
so I could find a good job. The other taught me how to write strong
business and financial plans so I could create jobs. (Rich Dad Poor Dad PDF)

Being a product of two strong dads allowed me the luxury of
observing the effects different thoughts have on one’s life. I noticed
that people really do shape their lives through their thoughts.
For example, my poor dad always said, “I’ll never be rich.” And
that prophecy became reality. My rich dad, on the other hand, always
referred to himself as rich. He would say things like, “I’m a rich man,
and rich people don’t do this.” Even when he was flat broke after a
major financial setback, he continued to refer to himself as a rich man.
He would cover himself by saying, “There is a difference between
being poor and being broke. Broke is temporary. Poor is eternal.”
My poor dad would say, “I’m not interested in money,” or
“Money doesn’t matter.” My rich dad always said, “Money is power.”
The power of our thoughts may never be measured or appreciated,
but it became obvious to me as a young boy that it was important
to be aware of my thoughts and how
I expressed myself. I noticed that my
poor dad was poor, not because of the
amount of money he earned, which was
significant, but because of his thoughts
and actions. As a young boy having two
fathers, I became acutely aware of being
careful about which thoughts I chose to adopt as my own. Should I
listen to my rich dad or to my poor dad?Rich Dad Poor Dad free ebook

Although both men had tremendous respect for education and
learning, they disagreed about what they thought was important to
learn. One wanted me to study hard, earn a degree, and get a good job
to earn money. He wanted me to study to become a professional, an
attorney or an accountant, and to go to business school for my MBA.
The other encouraged me to study to be rich, to understand how
money works, and to learn how to have it work for me. “I don’t work
for money!” were words he would repeat over and over. “Money works
for me!”
At the age of nine, I decided to listen to and learn from my rich
dad about money. In doing so, I chose not to listen to my poor dad,
even though he was the one with all the college degrees.

A Lesson from Robert Frost

Robert Frost is my favorite poet. Although I love many of his poems, my
favorite is “The Road Not Taken.” I use its lesson almost daily.
The Road Not Taken
Two roads diverged in a yellow wood,
And sorry I could not travel both
And be one traveler, long I stood
And looked down one as far as I could
To where it bent in the undergrowth;
Then took the other, as just as fair,
And having perhaps the better claim,
Because it was grassy and wanted wear
Though as for that the passing there
Had worn them really about the same,
And both that morning equally lay
In leaves no step had trodden black.
Oh, I kept the first for another day!
Yet knowing how way leads onto way,
I doubted if I should ever come back.
I shall be telling this with a sigh
Somewhere ages and ages hence;
Two roads diverged in a wood, and I—
I took the one less traveled by,
And that has made all the difference.

And that has made all the difference.
Over the years, I have often reflected upon Robert Frost’s poem.
Choosing not to listen to my highly educated dad’s advice and attitude
about money was a painful decision, but it was a decision that shaped
the rest of my life.
Once I made up my mind about whom to listen to, my education
about money began. My rich dad taught me over a period of 30 years
until I was 39 years old. He stopped once he realized that I knew and fully
understood what he had been trying to drum into my often-thick skull.
Money is one form of power. But what is more powerful is financial
education. Money comes and goes, but if you have the education about
how money works, you gain power over it and can begin building
wealth. The reason positive thinking alone does not work is because
most people went to school and never learned how money works, so
they spend their lives working for money. Rich Dad Poor Dad free ebook

Because I was only nine years old when I started, the lessons my rich
dad taught me were simple. And when it was all said and done, there
were only six main lessons, repeated over 30 years. This book is about
those six lessons, put as simply as possible, just as simply as my rich dad
put forth those lessons to me. The lessons are meant not to be answers,
but guideposts that will assist you and your children to grow wealthier
no matter what happens in a world of increasing change and uncertainty.


Review – Rich Dad Poor Dad PDF Free

The book is really easy to understand and to read, the message Robert gives is good and can help you change your mindset to be more financially independent but please beware of richdad education. After purchasing this book I immediately received ads all over social Media Facebook and instagram about Rich dad education seminars.Rich Dad Poor Dad free ebook

I sign up for and went to one of their “free” seminars just to find a random guy talking about how rich and and wealthy he become after rich dad education and how now he is giving back to the community teaching them how they can become wealthy by doing all the real estate strategies promising that they will teach all this great strategies if you purchase a 3 day seminar for $700.00 … and so I did purchase the 3 day seminar excited to find out what I was promised “real estate strategies” unfortunately after a few hours of being in the seminar I realized that all they were doing is talking about how you need and must invest on a 50k package plan.Rich Dad Poor Dad free ebook

So you can have access to a mentor. 3 whole days just listening to an old lady talking about her life and how rich and wealthy she is, brainwashing you to invest in their plans to the point of asking for extreme personal financial information. wasted 3 days of my life and $700.00 just to give them the opportunity to talk about how I need to purchase their $50,000 legacy plan. They never talk about what I was promised at first on any real estate strategy. Please beware of this scam. I posted the packages they almost force to purchase and the questionnaire are you need to submit so they know how much money you have and or how you can get a loan to purchase their package.

Review – Rich Dad Poor Dad PDF Book Free

This is an enhanced reprint of the original, with additional study questions/ discussion and review added at the end of every chapter. I bought the original about 18 years ago and it changed my families destiny for the better. I am glad the reprint came out as it prompted me to reread it and deepen my understanding. Rich Dad Poor Dad free ebook
Some people complain that this book does not give a step by step process for change. I would counter that one size shoe does not fit all feet. There are many individual paths to wealth, and Kiyosaki sets the guiding stars to navigate by, but you have to walk your own individual road.

Some key concepts of this book are: 1) Assets put money in your pocket even when you are on vacation. Liabilities take money out of your pocket, therefore your house is a liability [unless you rent out rooms and the garage as one person I know did while rebuilding his asset base].
2) Wealthy people buy assets first, and then let their assets buy their luxuries from the surplus cash flow.
3) Wealthy people continuously increase their assets by reinvesting their surplus cash flow in more assets. Rich Dad Poor Dad free ebook
4) There are 3 primary asset classes: Real Estate, Businesses, and Paper assets (stocks bonds notes, etc)
5) Cash Flow is more important than Net Worth. Net Worth is similar to potential energy, to use it you have to spend it, then it is gone. Cash Flow is like power from a hydroelectric dam, constantly replenished.
The rich don’t work for money, they work for assets.
The tax laws are fair from the standpoint that the laws that the rich spent billions of dollars to have modified and interpreted apply to everyone who learns how to use them.

A great foundation book for beginning to improve your financial intelligence so that you don’t work 4 or more month’s of every year for the Tax man, more months for the banks that hold your mortgage and credit cards, and whatever is left making the company you work for wealthy. Good luck on your journey to being Rich, poor, or middle class.

Originally published: 1 April 2000
Authors: Robert Kiyosaki, Sharon Lechter
Series: Rich Dad Series
LC Class: HG179.K565 2000
ISBN: 0-446-67745-0
Genres: Personal finance, Entrepreneurship, Business, Investment, Economics

About the Author

Best known as the author of Rich Dad Poor Dad―the #1 personal finance book of all time―Robert Kiyosaki has challenged and changed the way tens of millions of people around the world think about money. He is an entrepreneur, educator, and investor who believes that each of us has the power to makes changes in our lives, take control of our financial future, and live the rich life we deserve. Rich Dad Poor Dad free ebook

With perspectives on money and investing that often contradict conventional wisdom, Robert has earned an international reputation for straight talk, irreverence, and courage and has become a passionate and outspoken advocate for financial education. Robert’s most recent books―Why the Rich Are Getting Richer and More Important Than Money―were published in the spring of last year to mark the 20th Anniversary of the 1997 release of Rich Dad Poor Dad. That book and its messages, viewed around the world as a classic in the personal finance arena, have stood the test of time.Rich Dad Poor Dad free ebook

 Why the Rich Are Getting Richer, released two decades after the international blockbuster bestseller Rich Dad Poor Dad, is positioned as Rich Dad Graduate School. Robert has also co-authored two books with Donald Trump, prior to his successful bid for the White House and election as President of the United States.

Books by Robert Kiyosaki

Some details about Rich Dad Poor Dad Robert T. Kiyosaki Pdf

  • Title –Rich Dad Poor Dad Robert T. Kiyosaki Pdf
  • Author – Robert T. Kiyosaki
  • Pages – 220
  • Available Formats – PDF.

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