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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).
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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.