Book #132 |
Book: Rich Dad, Poor Dad | Author: Robert T. Kiyosaki | |
| Source: Library loan Format: Print |
Pages: 288 | Duration: 12/25/25 – 12/26/25 (2 days) | |
| Rating: ★★★☆☆ | Genres: nonfiction, business, finance, money, personal finance, self-help, personal development | ||
| 📕10-word summary: Important things about money that our schools don’t teach you. 🖌6-word review: Very educational, but heavy on hype. |
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| 💭A memorable quote: “Ray Kroc’s McDonald’s is not in the business of hamburgers; it’s in the business of real estate. Today, McDonald’s is the largest single owner of real estate in the world, owning even more than the Catholic Church.” | |||
| 🎓A new-to-me word: chaologist | |||
| Description:* Rich Dad, Poor Dad is Robert’s story of growing up with two dads — his real father and the father of his best friend, his rich dad — and the ways in which both men shaped his thoughts about money and investing. The book explodes the myth that you need to earn a high income to be rich and explains the difference between working for money and having your money work for you.*From goodreads.com’s synopsis. | |||
| Thoughts: This book made me glad we’re retired and (financially) comfortable in retirement. I completely agree that our education system does a disservice to people by not teaching basic finances, and I’m glad I took on learning it myself and early in my life. These type of hyped-up financial (inspirational?) books remind me of books about losing weight, the similarity being that to lose weight, you need to expend more calories than you take in and to grow wealth you need to spend less money than you take in. In the end, it really is that simple. But it’s not easy, and most people aren’t willing to do it. And I’m extremely grateful (and lucky) to have a life partner who was willing to do it in his life, too. | |||
See the rest of the books I’ve read in 2025 and previous years: 2024 | 2023 | 2022 | 2021 | 2020 | 2019.
