12 Life Lessons From “Rich Dad Poor Dad”

“Rich Dad Poor Dad” is a bestselling personal finance book written by Robert Kiyosaki. The book is based on the author’s own experiences growing up with two dads, his biological father (the “poor dad”) and his best friend’s father (the “rich dad”), and the lessons he learned from each. Here are 12 life lessons from “Rich Dad Poor Dad” that can change your life:

1. Your financial education is more important than your formal education. You need to understand how money works in order to build wealth.
2. Your income is not the same as your wealth. Building wealth requires a focus on assets, not just income.
3. The rich don’t work for money, they make money work for them. They understand how to use the money to create more money.
4. The poor and middle class focus on saving money, while the rich focus on earning and investing it.
5. You need to understand the difference between an asset and a liability. An asset puts money in your pocket, while a liability takes money out of your pocket.
6. The rich understand the power of leverage, using other people’s money to create wealth.
7. The rich take calculated risks, while the poor and middle class play it safe.
8. The rich think long-term, while the poor and middle class think short-term.
9. The rich understand the importance of financial freedom, while the poor and middle class strive for financial security.
10. The rich don’t fear failure, they see it as a learning opportunity.
11. The rich surround themselves with successful people, while the poor and middle class surround themselves with negative influences.
12. The rich are always learning and growing, while the poor and middle class are content with their current knowledge.

These lessons can help to change your mindset about money and wealth, and provide you with the tools and knowledge to build financial freedom and security for yourself. It is important to note that, the book is not just about finances but also about how to think, how to approach problems, how to deal with life, and to change your perspective on how you see the world.