Rich Dad, Poor Dad

Rich Dad, Poor Dad
Robert T. Kiyosaki
Plata Publishing, 2017. 352 pages. Nonfiction.

Robert Kiyosaki presents the basics of financial literacy by presenting the fiscal policies he learned from two men, his father and his friend's father. His father worked a traditional job, considered his house an asset, and believed in education (meaning a college degree) as one of the greatest driving factors behind lifelong success. His friend's father believed in taking financial risks when it made sense to do so, assets being only defined as things that make your money, and that and education (meaning a college degree) is only as useful as the financial education you pair with it. Kiyosaki walks you through the story of his own financial literacy journey from when he was a child and he collected toothpaste tubes to melt down and literally mint money with to today. He helps explain what assets should be, and how traditional assets like a house, often aren't an asset at all. 

After finished this book, much of the financial advice the flies around the internet finally made sense. Kiyosaki gives you a framework with which to evaluate and analyze financial information you hear in passing as potentially useful or potentially useless. It isn't a traditional book of finance that describes a specific type of investing or financial development. No, Kiyosaki presents the basics that schools don't teach, so that his readers can start to understand the financial world by its most basic units: assets and liabilities. This book is for anyone that might want to get started with becoming financially literate.

-SMM