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    The book Rich Dad Poor Dad by Robert Kiyosaki discusses the financial lessons he learned from his two fathers - his poor dad who valued education and his rich dad who valued assets that generate income. It advocates becoming an entrepreneur and business owner rather than being employed so that your money works for you through assets that produce cash flow. The book teaches the importance of financial literacy and the difference between assets that generate money and liabilities that cost money.

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    rich dad poor dad by : Robert kiyosaki

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    The book Rich Dad Poor Dad by Robert Kiyosaki discusses the financial lessons he learned from his two fathers - his poor dad who valued education and his rich dad who valued assets that generate income. It advocates becoming an entrepreneur and business owner rather than being employed so that your money works for you through assets that produce cash flow. The book teaches the importance of financial literacy and the difference between assets that generate money and liabilities that cost money.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pptx, pdf, or txt
    64 views10 pages

    Rich Dad Poor Dad 123

    Uploaded by

    Ansari Ubaid
    The book Rich Dad Poor Dad by Robert Kiyosaki discusses the financial lessons he learned from his two fathers - his poor dad who valued education and his rich dad who valued assets that generate income. It advocates becoming an entrepreneur and business owner rather than being employed so that your money works for you through assets that produce cash flow. The book teaches the importance of financial literacy and the difference between assets that generate money and liabilities that cost money.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pptx, pdf, or txt
    of 10

    RICH DAD POOR DAD

    BY: MASWOOD ALAM


    KARAN GROVER
    ANKIT
    ABOUT THE AUTHOR
     Robert Toru kiyosaki is the author of the book rich dad
    poor dad
     He born and raised in Hawaii

     He comes from the prominent family of education

     He is an entrepreneur, teacher, investor, as well as orator

     People call him millionaire school teacher


    INTRODUCTION
     This book is about a person who have two dad
     Mainly it deals with money management

     It advocates financial independence

     Deals with what the rich parents teach their children that
    poor parents don’t teach their children
     Being innovative
    CHARACTERS
     POOR DAD: Highly educated
    intelligent
    straight forward
    simple person
     RICH DAD: Very little educated
    Innovative
    smart
    extrovert
    CHAPTERS
     RICH DAD POOR DAD
     THE RICH DON’T WORK FOR MONEY

     WHY TEACH FINANCIAL LITERACY

     MIND YOUR OWN BUSINESS


    RICH DAD POOR DAD
     They are nine year old
     They started nickel making company by melting
    toothpaste
     Work for rich dad

     Have people work hard to put money in your pocket

     Don’t be in rat race


    RICH DAD DON’T WORK FOR MONEY
     Don’t be slave of money. let money work for you
     Poor or middle class work for money, greed, or fear

     Don’t depend on boss to make you rich

     Think out of box

     Seek to be a business owner rather than being emplyed


    WHY TEACH FINANCIAL LITERACY
     Most people suffer financially because they don’t know
    difference between liability and asset
     Rich people acquire assets. poor people acquire liabilities

     Asset put money in pocket. Liabilities takes money out of


    pocket
     House is liability or asset?

     Before buying liabilities buy asset first that will generate cash
    flow to pay for liabilities
    MIND YOUR OWN BUSINESS
     Example of Ray Kroc
     Rich buys luxuries last and asset first

     Have clear goal

     Buy real asset

     Difference between profession and business

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