{"product_id":"rich-dad-poor-dadby-robert-t-kiyosaki","title":"Rich Dad Poor Dad\tby Robert T Kiyosaki","description":"\u003cp\u003e\u003cstrong\u003eRich Dad Poor Dad by Robert T. Kiyosaki\u003c\/strong\u003e is one of the world’s best-known personal-finance books. Through the contrasting lessons of two father figures, Robert Kiyosaki examines how different beliefs about money, employment, education, investing and business can influence a person’s financial future.\u003c\/p\u003e\u003cp\u003eThe complete title is \u003cem\u003eRich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not!\u003c\/em\u003e. The book was originally self-published in 1997 and later became the foundation of the wider Rich Dad financial-education brand.\u003c\/p\u003e\u003cp\u003eKiyosaki refers to his biological father as “Poor Dad.” He was highly educated, valued academic achievement and believed strongly in obtaining secure employment. The father of Kiyosaki’s childhood friend is presented as “Rich Dad,” an entrepreneur who taught him to think differently about assets, cash flow, business ownership and financial independence.\u003c\/p\u003e\u003cp\u003eThe book uses these contrasting viewpoints to encourage readers to question traditional assumptions and develop a stronger understanding of how money moves through their lives.\u003c\/p\u003e\u003ch2\u003eWhy Read Rich Dad Poor Dad by Robert T. Kiyosaki?\u003c\/h2\u003e\u003cp\u003e\u003cstrong\u003eRich Dad Poor Dad by Robert T. Kiyosaki\u003c\/strong\u003e is written for readers who want an accessible introduction to financial thinking rather than a technical textbook filled with complex calculations.\u003c\/p\u003e\u003cp\u003eKiyosaki argues that earning a high salary does not automatically create lasting wealth. A person may receive a large income while spending nearly all of it on debt, lifestyle expenses and purchases that require continuing payments.\u003c\/p\u003e\u003cp\u003eThe book encourages readers to examine whether their financial decisions create future income or increase their monthly obligations.\u003c\/p\u003e\u003cp\u003eIts main value lies in encouraging financial curiosity. Readers are invited to learn about accounting, investing, taxation, entrepreneurship and cash flow instead of depending entirely on employers or advisers to make financial decisions for them.\u003c\/p\u003e\u003ch2\u003eThe Story of Two Fathers\u003c\/h2\u003e\u003cp\u003eThe book’s central structure compares the financial attitudes of two influential men.\u003c\/p\u003e\u003cp\u003e“Poor Dad” represents the conventional path of studying hard, obtaining qualifications, finding secure employment and working towards retirement. He values education and professional stability but, in Kiyosaki’s account, struggles financially despite earning a respectable income.\u003c\/p\u003e\u003cp\u003e“Rich Dad” represents entrepreneurship, investing and the ownership of income-producing assets. He teaches Kiyosaki to observe how businesses and money systems operate rather than concentrating only on obtaining a salary.\u003c\/p\u003e\u003cp\u003eThe labels describe contrasting financial philosophies within the book. They should not be interpreted as statements that education or salaried employment has no value.\u003c\/p\u003e\u003ch2\u003eThe Rich Do Not Work Only for Money\u003c\/h2\u003e\u003cp\u003eOne of the book’s best-known lessons is that many people spend their lives working for money without learning how to make money work for them.\u003c\/p\u003e\u003cp\u003eEmployment income can provide stability, experience and necessary living expenses. However, Kiyosaki argues that depending exclusively on a salary may limit financial freedom when income stops immediately after the person stops working.\u003c\/p\u003e\u003cp\u003eHe encourages readers to use part of their earned income to develop skills and acquire assets that may produce additional cash flow.\u003c\/p\u003e\u003cp\u003eThe objective is not necessarily to leave employment immediately. It is to reduce complete dependence on one source of income over time.\u003c\/p\u003e\u003ch2\u003eUnderstanding Assets and Liabilities\u003c\/h2\u003e\u003cp\u003e\u003cstrong\u003eRich Dad Poor Dad by Robert T. Kiyosaki\u003c\/strong\u003e uses a simplified distinction between assets and liabilities.\u003c\/p\u003e\u003cp\u003eIn the book’s cash-flow framework, an asset places money into the owner’s pocket, while a liability removes money from it.\u003c\/p\u003e\u003cp\u003ePossible income-producing assets may include profitable businesses, rental properties, shares, bonds, intellectual property or other investments that generate cash flow.\u003c\/p\u003e\u003cp\u003eLiabilities may include debts and possessions that require continuing payments without producing income.\u003c\/p\u003e\u003cp\u003eThis is a simplified educational definition. Formal accounting uses more detailed definitions, and an item may still be classified as an asset on a balance sheet even when it creates negative monthly cash flow.\u003c\/p\u003e\u003ch2\u003eWhy Cash Flow Matters\u003c\/h2\u003e\u003cp\u003eCash flow describes money entering and leaving a person, household or business.\u003c\/p\u003e\u003cp\u003eA person can appear wealthy while experiencing financial pressure when expenses and debt repayments consume most of their income.\u003c\/p\u003e\u003cp\u003eKiyosaki encourages readers to track where their money goes and identify whether spending supports long-term financial goals.\u003c\/p\u003e\u003cp\u003eUnderstanding cash flow can help readers recognise the difference between owning valuable-looking possessions and building investments that may generate recurring income.\u003c\/p\u003e\u003ch2\u003eFinancial Education\u003c\/h2\u003e\u003cp\u003eA central argument of the book is that traditional education does not always provide enough practical instruction about money.\u003c\/p\u003e\u003cp\u003eStudents may learn valuable academic and professional skills without learning how to read financial statements, evaluate investments, understand debt or calculate the true cost of financial decisions.\u003c\/p\u003e\u003cp\u003eKiyosaki encourages readers to continue developing financial knowledge throughout life.\u003c\/p\u003e\u003cp\u003eUseful subjects may include:\u003c\/p\u003e\u003cul\u003e\n\u003cli\u003eBudgeting and cash-flow management\u003c\/li\u003e\n\u003cli\u003eAccounting and financial statements\u003c\/li\u003e\n\u003cli\u003eSaving and emergency funds\u003c\/li\u003e\n\u003cli\u003eInvesting and diversification\u003c\/li\u003e\n\u003cli\u003eInterest, inflation and debt\u003c\/li\u003e\n\u003cli\u003eBusiness operations and entrepreneurship\u003c\/li\u003e\n\u003cli\u003eTax and legal responsibilities\u003c\/li\u003e\n\u003cli\u003eRisk management\u003c\/li\u003e\n\u003c\/ul\u003e\u003cp\u003eFinancial education does not eliminate risk, but it can help people ask better questions and recognise decisions they do not yet understand.\u003c\/p\u003e\u003ch2\u003eMind Your Own Business\u003c\/h2\u003e\u003cp\u003eOne of Kiyosaki’s lessons is to “mind your own business.” In this context, he encourages readers to build their personal asset column even while working for an employer.\u003c\/p\u003e\u003cp\u003eA person’s profession and personal business interests do not always have to be identical. Someone may work as a teacher, accountant, technician or manager while gradually building investments or a small business outside working hours.\u003c\/p\u003e\u003cp\u003eThis approach should be followed responsibly. Employees must respect contracts, avoid conflicts of interest and ensure that outside projects do not misuse employer time or resources.\u003c\/p\u003e\u003ch2\u003eThe Difference Between a Profession and an Asset Base\u003c\/h2\u003e\u003cp\u003eA profession provides skills and income. An asset base may provide investment growth or recurring cash flow.\u003c\/p\u003e\u003cp\u003eA skilled professional may earn well but remain financially vulnerable if they have no savings, investments or alternative sources of income.\u003c\/p\u003e\u003cp\u003eThe book encourages readers to use employment income not only for immediate consumption but also for developing long-term financial security.\u003c\/p\u003e\u003cp\u003eThis can begin through modest actions such as creating an emergency fund, reducing expensive debt and investing regularly within an appropriate risk level.\u003c\/p\u003e\u003ch2\u003eThe History of Taxes and Corporations\u003c\/h2\u003e\u003cp\u003eKiyosaki discusses how businesses and wealthy investors may use legal structures to organise income, expenses, ownership and taxation.\u003c\/p\u003e\u003cp\u003eCompanies can provide advantages in suitable situations, but forming a company does not automatically reduce tax or protect a person from every liability.\u003c\/p\u003e\u003cp\u003eBusiness and tax laws differ between countries and change over time. Sri Lankan readers should obtain advice based on current Sri Lankan law before establishing a company or making tax-related decisions.\u003c\/p\u003e\u003cp\u003eThe book’s general discussion should not replace professional legal, accounting or tax guidance.\u003c\/p\u003e\u003ch2\u003eWork to Learn, Not Only to Earn\u003c\/h2\u003e\u003cp\u003eThe book encourages readers to choose some employment and business opportunities according to the skills they can develop.\u003c\/p\u003e\u003cp\u003eSales, communication, negotiation, marketing, leadership and financial management may become valuable across many careers and businesses.\u003c\/p\u003e\u003cp\u003eA position with the highest immediate salary is not always the only useful choice when another opportunity can provide important long-term experience.\u003c\/p\u003e\u003cp\u003eHowever, learning opportunities should be balanced with practical needs such as fair compensation, job security and family responsibilities.\u003c\/p\u003e\u003ch2\u003eOvercoming Fear and Self-Doubt\u003c\/h2\u003e\u003cp\u003eFear of losing money can prevent people from making reckless decisions, but it can also prevent them from learning about reasonable opportunities.\u003c\/p\u003e\u003cp\u003eKiyosaki encourages readers to improve their knowledge rather than allowing fear or excitement alone to control decisions.\u003c\/p\u003e\u003cp\u003eThis does not mean that every person should take large risks. A responsible investor should understand possible losses, maintain emergency savings and avoid committing money that is needed for essential expenses.\u003c\/p\u003e\u003ch2\u003eThe Importance of Action\u003c\/h2\u003e\u003cp\u003eReading about money does not automatically change a person’s financial position. The book encourages readers to apply useful lessons through practical action.\u003c\/p\u003e\u003cp\u003eBeginner actions may include:\u003c\/p\u003e\u003cul\u003e\n\u003cli\u003eRecording monthly income and expenses\u003c\/li\u003e\n\u003cli\u003eCreating an emergency savings target\u003c\/li\u003e\n\u003cli\u003ePaying down high-interest debt\u003c\/li\u003e\n\u003cli\u003eStudying one investment category carefully\u003c\/li\u003e\n\u003cli\u003eReading company and investment documents\u003c\/li\u003e\n\u003cli\u003eDeveloping an additional professional skill\u003c\/li\u003e\n\u003cli\u003eTesting a small business idea\u003c\/li\u003e\n\u003cli\u003eConsulting qualified financial professionals\u003c\/li\u003e\n\u003c\/ul\u003e\u003cp\u003eAction should be informed and measured rather than rushed.\u003c\/p\u003e\u003ch2\u003eThe 20th Anniversary Edition\u003c\/h2\u003e\u003cp\u003eYour Book Lounge stock uses ISBN \u003cstrong\u003e9781612680194\u003c\/strong\u003e, which corresponds to the 2017 20th Anniversary Edition.\u003c\/p\u003e\u003cp\u003eThis edition includes updates and “fast-forward” sidebars in which Kiyosaki reflects on economic changes and considers how the ideas from the original 1997 book apply to a later financial environment.\u003c\/p\u003e\u003cp\u003eIt should not be described as the 25th Anniversary Edition. That is a different edition with a different ISBN.\u003c\/p\u003e\u003ch2\u003eStrengths of the Book\u003c\/h2\u003e\u003cp\u003eThe book is popular because it presents financial ideas through stories and simple comparisons rather than advanced mathematics.\u003c\/p\u003e\u003cp\u003eIt can encourage beginners to:\u003c\/p\u003e\u003cul\u003e\n\u003cli\u003eThink more carefully about cash flow\u003c\/li\u003e\n\u003cli\u003eDistinguish income from wealth\u003c\/li\u003e\n\u003cli\u003eLearn about assets and liabilities\u003c\/li\u003e\n\u003cli\u003eQuestion unnecessary lifestyle spending\u003c\/li\u003e\n\u003cli\u003eExplore investing and entrepreneurship\u003c\/li\u003e\n\u003cli\u003eDevelop greater financial responsibility\u003c\/li\u003e\n\u003c\/ul\u003e\u003cp\u003eReaders often use it as a starting point before moving to more detailed books about budgeting, accounting and investing.\u003c\/p\u003e\u003ch2\u003eRead the Financial Claims Critically\u003c\/h2\u003e\u003cp\u003e\u003cem\u003eRich Dad Poor Dad\u003c\/em\u003e presents the author’s personal philosophy and simplifies several financial concepts to make them easier to understand.\u003c\/p\u003e\u003cp\u003eNot every strategy will be suitable for every reader. Property, shares, businesses, borrowing and other investments can lose money.\u003c\/p\u003e\u003cp\u003eReaders should verify important claims through additional sources and consider their income, responsibilities, debt, local laws and tolerance for risk.\u003c\/p\u003e\u003cp\u003eThe book is best approached as motivational financial education rather than a complete investment plan.\u003c\/p\u003e\u003ch2\u003eWho Should Read This Book?\u003c\/h2\u003e\u003cp\u003eThis book is recommended for:\u003c\/p\u003e\u003cul\u003e\n\u003cli\u003eBeginners learning about personal finance\u003c\/li\u003e\n\u003cli\u003eStudents and young professionals\u003c\/li\u003e\n\u003cli\u003eEntrepreneurs and aspiring business owners\u003c\/li\u003e\n\u003cli\u003eReaders interested in investing\u003c\/li\u003e\n\u003cli\u003ePeople seeking financial independence\u003c\/li\u003e\n\u003cli\u003eParents discussing money with older children\u003c\/li\u003e\n\u003cli\u003eReaders interested in multiple income sources\u003c\/li\u003e\n\u003cli\u003eFans of business and self-development books\u003c\/li\u003e\n\u003c\/ul\u003e\u003ch2\u003eImportant Financial Disclaimer\u003c\/h2\u003e\u003cp\u003eThis book provides general educational ideas and the author’s opinions. It does not provide personalised investment, legal, accounting or tax advice.\u003c\/p\u003e\u003cp\u003eInvesting and business ownership involve risk, including possible financial loss. Readers should conduct independent research and consult appropriately qualified professionals before making major financial decisions.\u003c\/p\u003e\u003ch2\u003eAbout Robert T. Kiyosaki\u003c\/h2\u003e\u003cp\u003eRobert T. Kiyosaki is an entrepreneur, author and financial educator best known for creating the Rich Dad series.\u003c\/p\u003e\u003cp\u003eAfter the success of \u003cem\u003eRich Dad Poor Dad\u003c\/em\u003e, he co-founded The Rich Dad Company with Kim Kiyosaki. The company developed books, educational programmes, games, courses and events focused on financial education.\u003c\/p\u003e\u003cp\u003eHis other books include \u003cem\u003eCashflow Quadrant\u003c\/em\u003e, \u003cem\u003eRich Dad’s Guide to Investing\u003c\/em\u003e, \u003cem\u003eRetire Young Retire Rich\u003c\/em\u003e and \u003cem\u003eIncrease Your Financial IQ\u003c\/em\u003e.\u003c\/p\u003e\u003cp\u003eIn \u003cstrong\u003eRich Dad Poor Dad by Robert T. Kiyosaki\u003c\/strong\u003e, he presents the contrasting financial lessons of his two father figures and encourages readers to take greater responsibility for their financial education.\u003c\/p\u003e\u003cp\u003eLearn more about the author through the\u003cbr\u003e\u003ca href=\"https:\/\/richdad.com\/about\/robert-kiyosaki\/\"\u003eofficial Robert Kiyosaki profile\u003c\/a\u003e.\u003c\/p\u003e\u003cp\u003eReaders can explore additional financial-education resources through the\u003cbr\u003e\u003ca href=\"https:\/\/richdad.com\/\"\u003eofficial Rich Dad website\u003c\/a\u003e.\u003c\/p\u003e\u003ch2\u003eWhy Buy from Book Lounge Sri Lanka?\u003c\/h2\u003e\u003cp\u003e\u003ca href=\"https:\/\/booklounge.lk\/\"\u003e\u003cstrong\u003eBook Lounge\u003c\/strong\u003e\u003c\/a\u003e is an online bookstore serving students, professionals, entrepreneurs and general readers throughout Sri Lanka.\u003c\/p\u003e\u003cp\u003eExplore more finance, business and educational titles through the\u003cbr\u003e\u003ca href=\"https:\/\/booklounge.lk\/product-category\/non-fiction\/\"\u003eBook Lounge Non-Fiction collection\u003c\/a\u003e.\u003c\/p\u003e\u003cp\u003eYou can also browse motivational and personal-development titles through the\u003cbr\u003e\u003ca href=\"https:\/\/booklounge.lk\/product-category\/self-help\/\"\u003eBook Lounge Self Help collection\u003c\/a\u003e.\u003c\/p\u003e\u003cp\u003eView all currently available titles through the\u003cbr\u003e\u003ca href=\"https:\/\/booklounge.lk\/store\/\"\u003eBook Lounge online store\u003c\/a\u003e.\u003c\/p\u003e\u003cp\u003eFor assistance with availability, payments or delivery, visit the\u003cbr\u003e\u003ca href=\"https:\/\/booklounge.lk\/contact\/\"\u003eBook Lounge contact page\u003c\/a\u003e.\u003c\/p\u003e\u003ch2\u003eBuy Rich Dad Poor Dad Online in Sri Lanka\u003c\/h2\u003e\u003cp\u003eBuy \u003cstrong\u003eRich Dad Poor Dad by Robert T. Kiyosaki\u003c\/strong\u003e online in Sri Lanka from Book Lounge and explore influential ideas about assets, liabilities, cash flow, entrepreneurship and financial education.\u003c\/p\u003e\u003cp\u003eOrder \u003cstrong\u003eRich Dad Poor Dad by Robert T. Kiyosaki\u003c\/strong\u003e from Book Lounge today and begin developing a more informed and responsible approach to money and long-term financial planning.\u003c\/p\u003e","brand":"Book Lounge","offers":[{"title":"Default Title","offer_id":67987109642515,"sku":"2083","price":2750.0,"currency_code":"LKR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1011\/1890\/2547\/files\/718iPhP1ABL._SL1500.jpg?v=1794309245","url":"https:\/\/mo.lk\/products\/rich-dad-poor-dadby-robert-t-kiyosaki","provider":"MO Marketplace","version":"1.0","type":"link"}