YOUth Review: Rich Dad, Poor Dad by Robert T. Kiyosaki

Rich Dad Poor Dad, written by Robert T. Kiyosaki, is a personal finance book that compares two very different ways of thinking about money and success. The author describes lessons he learned growing up from two father figures in his life: his biological father, who was highly educated but struggled financially, and his best friend’s father, who had less formal education but became wealthy through investing and business. Through their different viewpoints, the book explores topics such as financial education, assets and liabilities, entrepreneurship, and the importance of making money work for you instead of only working for money. 

One thing I liked about this book was how easy it was to understand. Even though it talks about financial ideas, the examples and stories made the lessons feel simple and relatable. The book encourages readers to think differently about jobs, savings, and investing, which made it more interesting than a typical finance textbook. I also liked that it focused on long-term thinking and building financial independence instead of only chasing a paycheck. 

At the same time, some parts of the book felt repetitive because the same ideas were explained multiple times in slightly different ways. A few examples also seemed unrealistic or oversimplified, especially for younger readers who may not have experience with investing or business yet. However, the main message about learning financial skills and thinking critically about money was still valuable. 

Overall, Rich Dad Poor Dad is an engaging and motivating read that introduces important financial concepts in a simple way. I would recommend it to readers who are interested in business, investing, or learning more about personal finance.

Written by Jayce A.