Analysis Of The Book Rich Dad Poor Dad

In the book Rich Dad, Poor Dad the writers stresses the importance of financial literacy. Before reading this book, I will be honest and say I had no urgency to learn about money and how it operated. Personally, I figured this was something you learned as you receive wealth, not beforehand. After reading Rich Dad, Poor Dad and learning about the success he has had after learning about wealth, I would agree that by learning how money operates is key to obtaining it. This book did not change my mind about the subject, but it broaden my outlook on what it take to gain wealth and how to keep it not just for myself, but for my family also. The most important thing that I learned from this book is that with a little wiliness to learn and a little knowledge gained, one can achieve wealth. It is with these key ingredients of knowledge an everlasting

The author points out that there is a thing such as the “Rat Race” and it happens to well-meaning people whose main goal in life is to make money instead of allowing money to work for them. This was shown clearly as young Robert is shown by Rich Dad the endless cycle people go through of waking, working and paying taxes. This cycle never stops, but only grows the longer one stays on it (Kiyoski, 2001). After reading the first lesson, I began looking at areas in my life where I can improve so that I can avoid entering the never ending “Rat Race”. I started analyzing my job and what it means to me in the long run. Will I be here in 5 years? Can I see myself being promoted? One theme that counteracts those questions is fact that the author strongly pushes the belief that working for oneself is the only way to obtain true wealth. I disagree as in this age and time it is possible to gain wealth by rising through corporate ranks. Again, this reverts back understanding money and allowing it to work for