Rich Dad, Poor Dad - Deepstash

Rich Dad, Poor Dad

"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 and his two dads : a “poor dad”, a highly educated college professor & the “rich dad”, a wealthy entrepreneur who owns dozens of businesses. Both dads offer conflicting advice on money.

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"You have to go broke three times to learn how to make a living." ~ Casey Stengel

The idea is part of this collection:

The Psychology of Money

Learn more about moneyandinvestments with this collection

How to develop a healthy relationship with money

How to create a budget

The impact of emotions on financial decisions

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"Rich Dad, Poor Dad" is Fiction

John T. Reed, a real estate investor, looked into the accuracy of Kiyosaki's best-selling book and found it inaccurate:

  • The Rich Dad is most likely an invention. It's unlikely for an entrepreneur to succeed in construction, restaurants, and convenience stores. Autho...

[Rich Dad and Poor Dad] written by Robert T. Kiyosaki Book emphasis on how our mindset shape by our parents' words- and we live a life of pay to pay check. The book, revolved around two Dad's advice one poor and another Rich. And how they talked about money- one say Rich are greedy other say make...

“Poor dad” vs "Rich Dad" Mentality

“Poor dad” vs "Rich Dad" Mentality

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 job they don’t love, but is willing to stick with because they have to pay the bills.

The "Rich...

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