Rich Dad Poor Dad, en breve

The following is a breakdown of Rich Dad Poor Dad: What The Rich Teach Their Kids About Money That The Poor and Middle Class Do Not!, authored by Robert Kiyosaki, into major keypoints. The main concept to take away from the book is that it is absolutely crucial to teach financial literacy in schools.

Lesson #1: The Rich Don't Work for Money
Don't work for money, make money work for you.

Lesson #2: Why Teach Financial Literacy?
Understand the difference between assets and liabilities.

• The rich buy assets
• The poor only have expenses
• The middle class buys liabilities they think are assets
  

Lesson #3: Mind Your Own Business
Build your asset column with income generating purchases.

Lesson #4: The History of Taxes and The Power of Corporations

• Taxing only the rich doesn't work
• The rich understand taxes and the law, so the taxes trickle down to the poor and middle class
• How corporations are used for tax advantages

Lesson #5: The Rich Invent Money
The rich understand financial statements, investment strategies, a sense of the market, and the laws. Those who are trained financially will recognize opportunities.

Lesson #6: Work to Learn--Don't Work for Money

• Balance specialization and diversification of skills in the workplace
• If you specialize and are unwilling to learn something new, make sure your employer is unionized
• The rich groom their kids to gain overall knowledge of business operations and the relationship between departments within a company
  

Taking Action!
We are given two gifts in life: our mind and our time. We are responsible for what we do with these gifts. We have the ability to control our destiny with every dollar we earn. If you choose to spend it foolishly, you have chosen to be poor. If you choose to buy liabilities, you have chosen to be middle class. If you choose to educate yourself and to acquire assets, you have chosen to become wealthy. The choice is yours.

"Every day with every dollar, you decide to be rich, poor or middle class."