
Summary of Rich Dad, Poor Dad by Robert T. Kiyosaki
FRANCIS THOMAS
This audiobook is narrated by a digital voice.
Summary of Rich Dad, Poor Dad by Robert T. Kiyosaki
Introduction
Key take-away from this book: Being rich is a mindset, not a sum of money. The rich don’t think the way that most of us who are trapped in the Rat Race do. The rich buy and build assets that put money back in their pocket. Once their assets are generating enough money to live off, a completely new world of freedom opens up where they can work for themselves rather than working for someone else.
The son of one of the authors summed it up well in the book introduction. “Mom, I don’t want to work as hard as you and dad do. You make a lot of money, and we live in a huge house with lots of toys. If I follow your advice, I’ll wind up like you, working harder and harder only to pay more taxes and wind up in debt. There is no job security anymore; I know all about downsizing and rightsizing. I also know that college graduates today earn less than you did when you graduated. Look at doctors. They don’t make nearly as much money as they used to. I know I can’t rely on Social Security or company pensions for retirement. I need new answers.”
The old answer is the Rat Race, “where you work for the owners of a company, for the government paying taxes, and for the bank paying off a mortgage and credit cards. We advise our children to ‘study hard, get good grades, and find a safe job or career’ but this is risky advice. “That is old advice, and it’s bad advice. If you could see what is happening in Asia, Europe, South America, you would be as concerned as I am.”
Here is a Preview of What You Will Get:
- A Full Book Summary
- An Analysis
- Fun quizzes
- Quiz Answers
- Etc
Get a copy of this summary and learn about the book.
Duration - 31m.
Author - Francis Thomas.
Narrator - Digital Voice Mike G.
Published Date - Monday, 20 January 2025.
Copyright - © 2024 B Biz LLC ©.
Location:
United States
Networks:
FRANCIS THOMAS
Digital Voice Mike G
The Francis Summaries
B Biz LLC
English Audiobooks
Findaway Audiobooks
Description:
This audiobook is narrated by a digital voice. Summary of Rich Dad, Poor Dad by Robert T. Kiyosaki Introduction Key take-away from this book: Being rich is a mindset, not a sum of money. The rich don’t think the way that most of us who are trapped in the Rat Race do. The rich buy and build assets that put money back in their pocket. Once their assets are generating enough money to live off, a completely new world of freedom opens up where they can work for themselves rather than working for someone else. The son of one of the authors summed it up well in the book introduction. “Mom, I don’t want to work as hard as you and dad do. You make a lot of money, and we live in a huge house with lots of toys. If I follow your advice, I’ll wind up like you, working harder and harder only to pay more taxes and wind up in debt. There is no job security anymore; I know all about downsizing and rightsizing. I also know that college graduates today earn less than you did when you graduated. Look at doctors. They don’t make nearly as much money as they used to. I know I can’t rely on Social Security or company pensions for retirement. I need new answers.” The old answer is the Rat Race, “where you work for the owners of a company, for the government paying taxes, and for the bank paying off a mortgage and credit cards. We advise our children to ‘study hard, get good grades, and find a safe job or career’ but this is risky advice. “That is old advice, and it’s bad advice. If you could see what is happening in Asia, Europe, South America, you would be as concerned as I am.” Here is a Preview of What You Will Get: - A Full Book Summary - An Analysis - Fun quizzes - Quiz Answers - Etc Get a copy of this summary and learn about the book. Duration - 31m. Author - Francis Thomas. Narrator - Digital Voice Mike G. Published Date - Monday, 20 January 2025. Copyright - © 2024 B Biz LLC ©.
Language:
English
Opening Credits
Duration:00:00:07
SUMMARY of Rich Dad, Poor Dad
Duration:00:02:00
Copyright
Duration:00:02:06
TABLE OF CONTENTS
Duration:00:00:47
Introduction
Duration:00:01:35
Chapter 1: RICH DAD, POOR DAD
Duration:00:02:27
Chapter 2: LESSON 1: THE RICH DON’T WORK FOR MONEY
Duration:00:02:37
LESSON 2: WHY TEACH FINANCIAL LITERACY
Duration:00:02:50
Chapter 3: LESSON 3: MIND YOUR OWN BUSINESS
Duration:00:01:51
Chapter 4: LESSON 4: THE HISTORY OF TAXES AND THE POWER OF CORPORATIONS
Duration:00:02:39
Chapter 5: LESSON 5: THE RICH INVENT MONEY
Duration:00:02:37
Chapter 6: LESSON 6: WORK TO LEARN - DON’T WORK FOR MONEY
Duration:00:02:02
Chapter 7: OVERCOMING OBSTACLES
Duration:00:02:42
Chapter 8: GETTING STARTED
Duration:00:02:25
Chapter 9: STILL WANT MORE? HERE ARE SOME TO DO’S
Duration:00:00:56
Questions
Duration:00:00:22
Answers
Duration:00:01:16
Conclusion
Duration:00:00:28