Our task in Macro Economics: to make a reaction paper about Rich Dad, Poor Dad. Our professor told us not to mind the negative sides of the book and to just focus on the positive ones it has. But if she let me made a real review, this will be very different...
Rich Dad, Poor Dad starts by giving us the perspective about the title of the book itself. It contrasts the two influential male-figures in Robert Kiyosaki’s life, his biological dad, and his Rich Dad which is his best friend’s dad. Evidently, rich dad became more influential to the author’s decisions, values, and life in terms of finances. The book entails how the author was trained and guided by his rich dad at an early age. It focuses on preparing people through various forms of financial education to get out of the rat race. Mr. Robert Kiyosaki emphasized that financial education is very important in order for us to be financially intelligent. In addition to that, the author hands down principles or lessons taught to him by his rich dad that will help individuals wanting to be financially free. The six lessons are: (1) the rich don’t work for money, (2) learning financial literacy, (3) mind your own business, (4) the power of corporations, (5) the rich invent money, and, (6) work to learn vs. don’t work for money. Furthermore, the book gives tips and advices on handling one’s assets and liabilities properly and intelligently. It also presents real life situations wherein the readers can get lessons as well. Rich Dad, Poor Dad also tries to inspire and awaken the minds of its readers to start acting their dreams of becoming free from financial burdens and becoming rich.
The first of the six lessons provided by the book is that the rich do not work for money. Although the first lesson looks a bit absurd, it does not mean that the rich does not work at all.
