Genres: Business, Life Advice, Self-Help
Check out the in-depth book notes on my notes and articles page
Rich Dad, Poor Dad is a book that a provides a narrative story of how the author got conflicting financial and life advice from his biological dad and his best friend’s dad. The book explores the many lessons he learned from his best friend’s dad (rich dad) regarding finance and wealth.
Though, the book was entertaining to read, it didn’t provide practical advice to those actually seeking financial intelligence. At best, the book serves as motivation for those looking to start their journey of financial independence. I will admit that the book has inspired me to invest in stocks and not be afraid of risks. Heck, I've taken some of the biggest risks of my life after reading this book. That said, I really wish there was actual advice on investing and accounting in the book.
The book does tell a good story and gives some good life advice, but it is also full of information that doesn’t really get fully explained. For instance, there’s a whole chapter in the book on how to avoid taxes lawsuits. It’s an intriguing idea, but it doesn’t really get articulated upon.
I would recommend this book if you’re someone looking to be inspired, but not so much if you’re looking for practical financial or economic knowledge. If you do decide to read this book, I would suggest taking his advice with a grain of salt. Yes, the book is very entertaining and inspiring, but it just missing something for me.
I'd also like to mention that I'm just a student and not a financial expert, so take my review with a grain of salt as well. Honestly, it's a good enough book to read once just so you can come up with your own opinions.
I'm Farshad. I'm a health science student 🔬, musician 🎶, and productivity nerd 🤓, who's currently working at the Ontario Medical Association. In my spare time, I enjoy learning and exploring new ideas in the world of science, technology, and philosophy. I'm also always exploring new ways to help myself and others live better, happier and more meaningful lives.