The book ?Rich Dad Poor Dad? by Robert Kiyosaki is a personal finance book that encourages the reader to invest in assets rather than liabilities. It advocates for financial independence and taking control of one?s finances. The book is based on Kiyosaki?s own life experiences as well as those of his rich dad ( his best friend?s father who was a successful businessman) and his poor dad ( his father who was a schoolteacher). Kiyosaki?s rich dad taught him the importance of investing in assets, such as properties and stocks, which would generate passive income. His poor dad, on the other hand, instilled the importance of working hard to earn a living. The book has become a bestseller and has been translated into over 50 languages. It has helped people all over the world to change their mindset about money and achieve financial independence.
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