Still Relevant After 30 Years
First published in 1997, Rich Dad Poor Dad remains one of the best-selling personal finance books of all time. But how does it hold up?
What Still Applies
- The distinction between assets and liabilities is fundamental and correct. - The importance of financial education — schools still don't teach this. - Buy assets, not liabilities — buy things that put money in your pocket.
What to Be Cautious About
- The real estate advice is heavily US-centric and era-specific. - Kiyosaki's personal claims about his "Rich Dad" have been disputed.
Tags:FinanceReal EstateInvesting