Ppt on Rich dad poor dad Book.

1. "Rich Dad Poor
Dad"
Key Insights

3. Agenda
Introduction
Author's Background
Book Overview
Financial Education
The Cash Flow Quadrant
Assets vs. Liabilities
Cash-Flow Pattern
The Importance of Financial
Education
Real-Life Application
 Conclusion

4. Introduction
"Rich Dad Poor Dad" is a bestselling book that uses the contrast
between two father figures, the author's biological father (referred to as
"Poor Dad") and his friend's father (referred to as "Rich Dad"), to impart
valuable financial and life lessons. The book emphasizes the
importance of financial education, assets versus liabilities, and the
mindset needed to achieve financial independence and wealth. It
encourages readers to think differently about money, investing, and
building wealth, making it a popular resource for those looking to
improve their financial literacy and achieve financial success.

5. Author's Background
Robert Kiyosaki is an American entrepreneur, author, and motivational
speaker. He was born on April 8, 1947, in Hilo, Hawaii, USA. He gained
fame for his book "Rich Dad Poor Dad," which promotes financial
education and the importance of assets over liabilities in achieving
financial success. Kiyosaki's work has had a significant impact on the
personal finance and self-help industries.

6. Book Overview
• Financial Education:
• Assets vs. Liabilities:
• Mindset Shift:
• Taking Risks:
• Financial Independence:

7. Financial Education
Rich Dad
• Emphasis on Financial
Education
• Focus on Assets
• Entrepreneurial Mindset
• Taking Calculated Risks
Poor Dad
• Emphasis on Formal Education
• Focus on Liabilities
• Employee Mindset
• Risk Avoidance

8. The Cash Flow Quadrant

9. Assets vs. Liabilities
Assets
• Assets Put Money in Your
Pocket
• Examples of Assets (Real
estate, Stocks, Bonds, Notes,
Intellectual property)
• Focus on Acquiring Assets
Liabilities
• Liabilities Take Money Out of
Your Pocket
• Examples of Liabilities
(Mortgage, Car loans, Credit card
debt, School loans)
• Reducing Liabilities

10. Cash-Flow Pattern
Poor Middle Class Rich

11. The Importance of Financial Education
• Traditional Education Falls Short :-
• Financial Education Equals Empowerment :-
• A Foundation for Wealth Building :-
• Distinguishing Assets from Liabilities :-
• Risk Management :-
• Encouragement to Seek Knowledge :-
• Mindset Transformation :-

12. Real-Life Application
• Prioritize Financial Education.
• Understand the Difference
Between Assets and Liabilities.
• Control Your Expenses.
• Build an Emergency Fund.
• Reduce "Bad Debt."
• Invest Wisely.
• Start a Side Business.
• Cultivate an Entrepreneurial Mindset.
• Plan for Financial Independence.
• Seek Mentors and Advisors.
• Continuously Assess Your Progress.

13. Conclusion
"Rich Dad Poor Dad" challenges conventional financial wisdom,
emphasizing the importance of financial education and the distinction
between assets and liabilities. It encourages readers to prioritize income-
generating assets, start businesses, and shift their mindset toward
financial independence. By following these principles, individuals can
escape the "Rat Race" and work towards lasting financial success.