Rich Dad, Poor Dad is the first best-selling book by Robert Kiyosaki along with Sharon Lechter. It promotes financial independence through investing, real estate, owning a business, and the use of finance protection tactics. It is written in a subjective manner, aimed at making finances interesting. In this book, Kiyosaki stressed the promotion of owning the system or means of production rather than being an employee of someone else. Rich Dad Poor Dad takes the form of a story about the Rich Dad and the Poor Dad.

The Poor Dad, whom he revealed his real father, who owns a college degree, all on full scholarship and was the head of the Education Department of the state of Hawaii but sadly lost his job after taking a stand on a principle against the governor of Hawaii. All along in his life, he has never learned to handle money and solely depended on his job for support, he died in severe debt. On the other hand, the Rich Dad, whom Kiyosaki said the father of his bestfriend, Michael, dropped out in 8th grade, but became a self-made multi-millionaire. The Rich Dad taught Kiyosaki and Michael a variety of financial lessons, and insisted that the boys should learn to make money for them to avoid spending their whole lives working for money. The book emphasizes the different attitudes to money, work and life of these two men, and how they in turn influenced key decisions in Kiyosaki’s life.

Some of the book’s topics include; The value of financial intelligence, That corporations spend first, then pay taxes, while individuals must pay taxes first; That corporations are artificial entities that anyone can use, but the poor usually don’t know how.

This book has been inspirational to some people, but there are some points that were criticized by many. Robert Kiyosaki is a great salesman, but that does not make him a great financial adviser. Critics said that most of what he writes about are without any specific advice on how to improve your finances. Real estate investor John Reed has done a very long and detailed analysis called John T. Reed’s analysis of Robert Kiyosaki’s book Rich Dad, Poor Dad, which says that Rich Dad, Poor Dad contains much wrong advice, much bad advice, some dangerous advice, and virtually no good advice. But regardless of whether Robert Kiyosaki has done what he claims to have done or not, I would suggest that you will also consider recommendations from other sources when you have decided to undertake Robert Kiyosaki’s Rich Dad Poor Dad principles.

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