Factual Report

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Name : Mochamad Valen Styadarta

Absent : 19
Class : XI-TJA 4

RICH DAD POOR DAD


"Rich Dad Poor Dad" written by Robert Kiyosaki. The book, published in 1997, is a personal
finance guide that challenges conventional thinking about money and offers valuable insights on
achieving financial independence and building wealth.

There are several points that can be taken from the book "rich dad poor dad" such as :

1. Financial Education: "Rich Dad Poor Dad" emphasizes the importance of learning about
money, which is often overlooked in traditional schools. The book introduces two fathers:
the author's biological father (poor dad) and his friend's father (rich dad). Through their
different views, the book shows the importance of understanding money matters and
making smart financial choices.

2. Mindset Shift: The book encourages readers to change their mindset and question
common ideas about wealth and success. It emphasizes having an entrepreneurial
mindset, focusing on acquiring assets, and taking advantage of financial opportunities to
generate passive income. The author suggests moving away from the "rat race" of
working for money and instead making money work for you.

3. Building Assets: "Rich Dad Poor Dad" stresses the importance of building assets instead
of collecting liabilities. The book explains the difference between assets (things that
make you money) and liabilities (things that cost you money). It advises readers to focus
on investments that generate income and increase in value over time.

4. Real Estate Investing: The book highlights real estate as a good investment for building
wealth. The author shares his own experiences with real estate and explains the benefits
of owning properties that generate income. He suggests understanding the real estate
market, analyzing cash flow, and using other people's money to invest in real estate.

5. Financial Independence: "Rich Dad Poor Dad" aims to empower readers to achieve
financial independence and take control of their finances. The book encourages financial
discipline, smart money management, and continuous self-education to improve financial
knowledge. The author suggests learning from mistakes, taking calculated risks, and
seizing financial opportunities.

"Rich Dad Poor Dad" has had a significant impact on financial literacy worldwide. The book
provides practical advice, thought-provoking ideas, and a roadmap for individuals seeking
financial well-being. By challenging common beliefs and offering a fresh perspective on wealth
creation, Robert Kiyosaki's book continues to inspire and educate readers about achieving
financial independence and building wealth.
FACTUAL REPORT
Tittle : Rich Dad Poor Dad
Theme : Money Education
Source : Book “Rich Dad Poor Dad”

DAFTAR PUSTAKA
Kiyosaki, R. T. (1997). Rich Dad, poor dad. FBV.

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