Rich dad poor dad is Robert kiyosaki’s best selling books. It advocates the idea of financial independence through smart investing, real estate, setting up business and use of ways to achieve minimum tax payments. Hs ideas are conveyed through a story of his own life where he was brought up by two dad’s, one was his friend mike’s dad who is rich financially and less educated and the other is his own dad who is very well educated and occupying a high position yet financially very weak. The interesting contrast between the two dads is that they are unlikely of what would have been otherwise expected out of them depending on their qualifications. That brings to light a very important point that financial literacy has nothing to do with education that is gained through school. Not all learned people are financially strong and not all uneducated people are financially weak. In most of the real life cases it’s the wise versa. It happens because people fail to realize the rules of money. Whatever may be one’s achievement that gives them their share of satisfaction but at the end of the day it’s the money that matters. The point being driven home is that irrespective of the social background one must equip oneself with financial education. Kiyosaki shares his contrasting view points of both his dads and evaluates them and brings out their pros and cons and the hidden truth behind them. For instance he explains how his poor dad considered a house as an asset while his rich dad showed him how his house in reality was a big liability to his financial resources .Stressing importance of financial education and portraying all the aspects of real life situations where it may be helpful. Kiyosaki has showed us all a way to move forward with the right thinking.
