Lessons from “Rich Dad‚ Poor Dad” by Robert Kiyosaki Being rich in the near future is everybody’s dream. Our notion of being rich is having all the money to buy all our wants and needs without exerting much effort. As a child‚ we are sent to school for which the primary reason is to learn‚ so that in the future‚ we would obtain stable jobs. It is with this same reason that the author of the book emphasized why a lot never get rich. Through this reading‚ I gained a lot of insights which will help
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Rush Dad‚ Poor Dad Lesson One: The Rich Don’t Work For Money This lesson begins when Robert Kiyosaki and his childhood friend and business partner‚ Mike‚ want to learn about how to make money. The boys seek the advice of Mike’s successful "Rich Dad" and he teaches them to make money work for them. Their first task was to dust cans at the father’s store and only receive 30 cents a day as pay‚ this did not please Robert who thought it unfair to be paid so little. It is here that the boys
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My reaction about the story rich dad poor dad is the story is very nice. And it is related to our subject finance100. And the first time I read the book‚ I felt inspired. The Rich Dad‚ Poor Dad also refers to the two main influences that the author Robert has a child. His own father poor dad worked a steady job. While the rich dad ran a businesses. This book tell us how to make money and made a big money mistake. My reaction about this story is that People have different perspectives on their existence;
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Princess B. Reyes CHAPTER 1 Rich Dad Poor Dad is about how Mr. Kiosaki was raised by a rich father and a poor one. Mr. Kiosaki’s poor father was highly educated with a Ph.D.‚ while his rich dad didn’t even make it through high school. Mr. Kiosaki’s fathers sometimes gave him some advice when he was a child‚ but the advice of his two fathers where different from one another especially when it came to money. His poor father did not spend much time thinking about money‚ while his rich father says
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Rich Dad Poor Dad In the book rich dad and poor dad basically was summons up that for an individual to be wealthy‚ one must aim to own the system or means of the production. In other words the book shows you how to strive for success‚ there is different types of ways to succeed like the book tells you. The rich dad and poor dad both had strong point of views in earning and succeeding in life‚ in my opinion I would have followed on the same footsteps Kiyosaki did in following his rich dad. It is
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In the book Rich Dad Poor Dad by Robert T. Kiyosaki with Sharon L. Lechter the author who is also the narrator talks about how to educate yourself and your kids about money and how to control your money instead of letting it control you. The author grew up in Hawaii in a middle class family but had the chance to learn about money from his rich friend‚ Mike whose father in the book is referred to as his rich dad. The lessons concentrate on six major points of view that his rich dad taught him. He also
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"Rich Dad‚ Poor Dad" (Robert Kiyosaki‚ Sharon L. Lechter) Short summary of the book Prove to you that in order to get rich‚ all do not need to earn a lot; Dissuade you of the fact that the house is a successful investment; Parents will understand that we cannot rely solely on the school; Explain once and for all‚ where better to invest; We will help you teach your children to properly handle money and to achieve material well-being in the future. Six lessons: The rich do not work
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the poor dad - and the other was the father of his childhood best friend‚ Mike – the rich dad. Both fathers taught the author how to achieve success but with very disparate approaches. It became evident to the author which father’s approach made more financial sense. Throughout the book‚ the author compares both fathers – their principles‚ ideas‚ financial practices‚ and degree of dynamism and how his real father‚ the poor and struggling but highly educated man‚ paled against his rich dad in terms
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Reaction Paper on the story‚ RICH DAD‚ POOR DAD Submitted by: IJ L. MADERA The story teaches us different outlooks in life that everyone must choose in order for them to live an achieving living. People have different perspectives on their existence; different decisions to make‚ ideas‚ and principles that reflect there persona of whom they are and of what causes them to be of what they are now. The book tells us on how a two dissimilar man; the rich man with very little education but financially
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Rich Dad‚ Poor Dad Robert Kiyosaki and Sharon Lechter This book was written about a man who had “two fathers” ’ one who had a Ph.D and the other who barely finished 8th grade. One of the fathers was actually his friend’s father‚ but someone who the author looked up to and appreciated very much. The other father was his own ’ who he also looked up to and appreciated‚ but who did not teach him much about money or finance. The first lesson of this book is: the rich don’t work for money.
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