- This book is story of person (the narrator and author)who was two father: the first father biological father and the other was the father of his best friend both father taught the author how to achieve success but with very disparate success but with very disparate approach. It became evident to the author which father's approach made more financial sense. Thought the book, the author compares both father their principles, ideas, financial practices,and degree of dynamism and how his real father, the poor and real father,the poor and real father,the poor and struggling but highly educated man,paled aganist his rich dad in terms of assets building and business acumen.
The author compares his poor dad to those people who are peretualy scampering in rat race,hepessly trapped in a vicious cycle of heeding more but never able to satisfy their dreams for wealth because of one glaring lack. Financial literacy they spend so time in school learning about the problem of the world,but have not acquire any valuable lessons about money,simply because it is never taught in school . His rich dad,by contrast, represent the independently wealthy core of society who deliberately takes advantage of the power knowledge of tax and accounting or that of their financially advisers which they manipulate to their advantage.
The books theme reduces to two fundamental concepts: a can do attitude and fearless entrepreneurship the author highlights these two concepts by providing multiple example for each and focusing on the need for fiancial literacy , how the power of corporation contribute to making your own business, overcoming obstacles by notfrosterin other negative attitude and upbringing hampers their financial freedom goals.
The author present six major lesson which he discusses throughout the book.
*The rich don't work for 💰 money.
*The importance of financial literacy.
*Minding own business.
*The rich people invest money.
*The don't West time .
*The rich people every time learn new skill.
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