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"Rich Dad, Poor Dad" is a best-selling personal finance book, written by Robert T. Kiyosaki and Sharon L. Lechter.
It reads like an allegorical story about Robert Kiyosaki a...
The “Poor dad”, a stereotype for the regular salary man, believes that one should work for money as an employee at a stable job. This mentality can trap a person into working a jo...
According to Kiyosaki in his book "Poor Dad, Rich Dad", rich people do certain things poor people don't:
SIMILAR ARTICLES & IDEAS:
“A person can be highly educated, professionally successful, and financially illiterate.”
A financially literate person should be able to answer these questions:
John T. Reed, a real estate investor, looked into the accuracy of Kiyosaki's best-selling book and found it inaccurate:
According to John T. Reed the famous book is filled with bad advice:
Many critics pointed out that Kiyosaki is selling a cult, not financial advice.
He is accused of tapping into the fantasies of the masses & being short on specifics, both attributes of religious cults.
Most of the popular finance books lack substantive advice on investing. They are inspirational & their core message is a good one: You are ultimately responsible for your own financial...
R. Kiyosaki's "Rich dad, Poor Dad" reads like a novel. The most shocking message of the book:
Don’t focus on your job or career. Think primarily about building personal wealth.
“With low interest rates, and an uncertain stock market, the old adages of saving and investing for the long term make no sense.”
It is what Kiyosaki recommends in his famous book, but saving and investing for the long term are exactly what most experts say you should do.