Rich Dad Poor Dad

Rich Dad Poor Dad is Robert Kiyosaki's book about money, told as the story of two father figures: his own father, a highly educated man who struggled financially, and the father of his best friend, who never finished eighth grade and, in Kiyosaki's telling, became one of the richest men in Hawaii. Kiyosaki says he learned six lessons from the second man, and the book is built on them: the rich don't work for money, financial literacy, minding your own business, the history of taxes and the power of corporations, the rich invent money, and working to learn. A chapter on five obstacles and a part on getting started follow.

His main claim is that school teaches people to work for money but not how money works, and that wealth comes from owning assets that bring in income rather than from a bigger paycheck. Many of his claims, such as calling the home you live in a liability, are his own opinion and are disputed. Critics have also questioned whether the 'rich dad' of the book really existed, and they dispute many of its stories and figures, so read it as one man's view and not as established fact. This summary describes the author's views and is not financial advice.