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Flipkart Selling Rich Dad Poor Dad At Offer Price Rs.98 Worth Rs.325
Rich Dad Poor Dad is a book by Robert Kiyosaki and Sharon Lechter. It
advocates financial independence through investing, real estate, owning
businesses, and the use of finance protection tactics.
written in an anecdotal manner and is aimed at creating public interest
in finance. Kiyosaki and Lechter stress the advocacy of
owning the system or means of production, rather than being an employee
as a recurring theme in the book`s chapters.
The book is largely
based on Kiyosaki`s upbringing and education in Hawaii. The book
highlights the different attitudes to money, work and life of these two
men, and how they in turn influenced key decisions in Kiyosaki`s life.
Among some of the book`s topics are:
- the value of financial intelligence
- that corporations spend first, then pay taxes, while individuals must pay taxes first
- that corporations are artificial entities that anyone can use, but the poor usually don`t know how
According to Kiyosaki and Lechter, wealth is measured as the number of
days the income from your assets will sustain you, and financial
independence is achieved when your monthly income from assets exceeds
your monthly expenses. Each dad had a different way of teaching his son.