Rich Dad Poor Dad by Robert Kiyosaki is one of the most influential personal finance books of modern times. First published in 1997, it contrasts the financial philosophies of two father figures in Kiyosaki’s life: his biological father (“Poor Dad”), who valued traditional education and job security, and his mentor (“Rich Dad”), who emphasized financial literacy, investing, and entrepreneurship.
The book is written as a series of lessons Kiyosaki learned growing up with these two contrasting perspectives. His “Poor Dad” believed in working hard, earning a salary, and climbing the career ladder, while his “Rich Dad” taught him to focus on building assets, understanding money, and creating wealth through investments and business ownership.
Kiyosaki argues that the difference between financial struggle and financial freedom lies not in how much money you earn, but in how you manage it. He emphasizes that schools rarely teach financial literacy, leaving most people unprepared to handle money wisely
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