Rich Dad Poor Dad by Robert T. Kiyosaki contrasts the financial philosophies of his two 'dads' to convey lessons on financial literacy and wealth-building. The book emphasizes the importance of understanding assets and liabilities, working for learning rather than money, and overcoming obstacles to financial independence. Kiyosaki advocates for a mindset shift regarding money and encourages readers to broaden their views on financial success.

1. RICH
DAD
POOR DAD
PRESENTED BY-
T.KRUSHI KUMAR
ROLL NO-109
SECTION-C

3. Details
RICH DAD , POOR DAD
Author : Robert T. Kiyosaki
Publisher : Plata Publishing , LLC
Printed in USA
First Edition : 1997
Category : Economics

4. Author : Robert T. Kiyosaki
Robert Toru Kiyosaki (born
April 8, 1947) is an Japanese
American investor, business
man, self-
help author, motivational
speaker, financial literacy
activist, and
occasional financial
commentator

5. “Having two dads offered me the choice of
contrasting points of view :
one of a rich man and one of a poor man”
by- Robert Kiyosaki

6. Salient Features
 Financial Literacy
 Concepts are explained using the
numbers , pictures and metaphors
 Mantra to become rich
 Informative + Inspiring
 Down-to-earth

7. CONTRAST
POOR DAD
 Get job in good company
 “ The love of money is
the root of all evil.”
 I can’t afford it
 Play safe
 Works for money
RICH DAD
 Create or buy a
company
 “ The lack of money is
the root of all evil.”
 How can I afford it ?
 Learn to manage risks
 Money works for him
“There is difference between being poor and being
broke . Broke is temporary , poor is eternal. “

9. Why Teach Financial Literacy?
It is not important how much money you
make , it is how much money you keep.
Understand the difference between assets
and liability.

10. Financial Statement

11. MIND YOUR OWN BUSINESS
Financial struggle is often the result of people
working all their life for someone else.
Owner or shareholders of the company.
Government
Banks

13. History Of Taxes & Power
Of Corporation
Robin Hood : Collect it from the rich and
give it to poor.
Learn to minimize the taxes.

14. The Rich Invent Money
 Make Good Use of Time
 Identify an opportunity Everyone else
missed
Two Types of investors:
1.Buyers of packaged Investments
2.The PROFESSIONAL Investor

15. Work to Learn, Don’t Work for
Money
 Learn skills like PR, Marketing and
advertising.
 Take a second job if it means learning
more.

17. Overcoming Obstacles
Five Obstacles to Financial Independence
1. Fear
2. Cynicism
3. Laziness
4. Bad Habits
5. Arrogance

19. 10 steps to awaken your
financial genius:
The power of spirit. The power of choice.
Greatness is not a
function of
circumstance.
Greatness , it
turns out , is
largely a matter of
conscious choice

20.  The power of association.
 “A man only learns in two ways, one by
reading, and the other by association with
smarter people.”
-by Will Rogers.
 The power of learning quickly.
 “He is most original who adapts from the
most sources.”
-by John Adair.

21. • The power of self-discipline. The power of
good advice

22.  The power of getting something for nothing.
 The power of focus.
 The power of myth.
 The power of giving.

23.  Think and take action.
 Stop doing what you are doing.
 Action beats inaction.

24. Why you should read ?
 Broaden your vision
 Redefine your views about money
 How to start and run a company
 In short , if you really have dreams to
touch the sky , this book is highly
recommended

26. CONCLUSION
Not everyone seems pleased with the rather blunt
way Robert Kiyosaki explains these money making
principles in his book, and I partially agree.
However, there is much knowledge to be gained if
you are able to look past that layer.