Life-Changing Financial Lessons From This Best Selling Book

Rich Dad Poor Dad was a self-published book produced in 1997 by Robert Kiyosaki and became one of the best-selling books of all time. It has sold over 30 million copies worldwide and has become essential reading for anyone who wants to understand personal finance. This blog is about understanding how to build wealth and assets to produce a better life over the longer term. Rich dad, poor dad philosophy has had a profound impact on the way I think and the development of this blog. It remains in my top 3 gifted books of all time. If you have not read the book, I can’t recommend highly enough that you get a copy and read it.

Who was Rich Dad, and who was Poor Dad?

One of the most powerful things about this book is not only that it changes perspectives in the personal finance arena, but it improves financial literacy through storytelling. As a junior doctor walking through an airport, I was unaware that I was financially illiterate. So I picked this book up, and the storytelling and how it could contradict conventional wisdom had me hooked.

Robert Kiyosaki had just returned from the war in Vietnam and was looking for the next opportunity. His poor dad was his real father, and he was brought up to work hard at school, get good qualifications and climb the employee corporate ladder. In this case in the public education sector. Poor dad felt the principles he had been taught would lead to future financial success and security. But…