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Rich Dad Poor Dad

Babe… have u read the book Rich Dad Poor Dad?

No…?

Lol… it was “trending” when I was at uni…

Which uni?

Early 2000s uni days…

Oh…? What’s it about?

Hmmm… imma let AI explain:

“Rich Dad Poor Dad” contrasts two mindsets about money—one focused on job security, the other on financial freedom—and teaches readers how to build wealth through financial literacy, investing, and entrepreneurship.

Here’s a detailed breakdown of the book’s core ideas and structure:



📘 Overview of Rich Dad Poor Dad
– Author: Robert T. Kiyosaki
– Genre: Personal finance, self-help
– Published: 1997
– Core Theme: The difference in financial philosophies between Kiyosaki’s biological father (“Poor Dad”) and his best friend’s father (“Rich Dad”).



🧠 Key Lessons from Rich Dad
1. The Rich Don’t Work for Money 
   Wealthy people make money work for them through investments and passive income.

2. Financial Education > Formal Education 
   Schools teach academic skills, not financial literacy. Understanding money is essential for independence.

3. Mind Your Own Business 
   Focus on building assets—like real estate, stocks, or intellectual property—even while working a regular job.

4. Assets vs. Liabilities 
   Assets put money in your pocket (e.g., rental income); liabilities take money out (e.g., mortgages, car loans).

5. The Power of Corporations 
   Rich people use corporate structures to reduce taxes and protect wealth.

6. Work to Learn, Not to Earn 
   Choose jobs that teach valuable skills—sales, marketing, investing—rather than just offering a paycheck.



💡 Mindset Shifts Encouraged
– Take calculated risks: Fear and cynicism are barriers to wealth.
– Start small, but start now: Action beats information paralysis.
– Create passive income: Build streams that earn even when you’re not actively working.
– Challenge conventional wisdom: For example, your house may not be an asset if it drains your finances.



🌍 Impact and Legacy
– Over 40 million copies sold worldwide.
– Translated into dozens of languages.
– Sparked a global movement toward financial independence and entrepreneurship.



Would you like a visual summary, a quiz to test your understanding, or a breakdown of how these lessons apply to your own goals?

Ummm… okay…

Lol…

Why r u suddenly thinking bout this?

I dunno… I might explore further in 2026…

Has he written other books since 1997?!

Of course… have I read them? No… 😅

Lol…

This comes back to the money podcast…

Which podcast was that?

It’s called “She’s on the money” and it’s by Aussie women for women… mostly focused on Aussie finance topics…

Okay…

I haven’t listened to an episode all year.

Why not?

I don’t know?! I’ve been chatting to you, I’ve been listening to music… I’ve been doing everything else but listening to that podcast!

Oops…

I’m gonna get back into it in 2026…

Sounds good 🥰💕 u should tell me what to do with all my money instead of frivolously throwing away $10,000 at the casino on my days off…

Yes love. We will definitely revisit that habit of urs one day… I thought u were donating to charity…

Yeah but I still have A LOT OF MONEY. I don’t know what to do with it!

(Shaking her head)… DONATE TO MORE CHARITIES!!!

Okay… 😅😅😅