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Rich Dad Poor Dad is a 1997 publication created by Robert Kiyosaki and Sharon Lechter. It promotes the importance of monetary literacy (financial education), financial self-reliance and also structure wealth through investing in possessions, realty investing, beginning and also owning businesses, as well as boosting one’s financial intelligence (economic IQ).
Rich Dad Poor Dad is composed in the design of a set of parables, seemingly based upon Kiyosaki’s life. The titular “abundant father” is his buddy’s daddy that collected wide range as a result of entrepreneurship and also smart investing, while the “inadequate daddy” is asserted to be Kiyosaki’s own dad that he claims strove all his life yet never gotten monetary safety.