IntroductionRich Dad, Poor Dad is a book that educates readers about financial literacy. Robert Kiyosaki, the author, has two fathers – one rich and one poor, although the rich father is not his, but that of his friend. The two fathers have different views on making money, and Robert was given the choice to contrast the two views growing up. His wealthy father's opinions were more powerful and useful to Robert. The author guides the reader through six key lessons his rich father taught him about letting money work for you, instead of working for money.LessonsLesson 1 – The rich don't work for money. 'money' The poor and middle class work for money. . The rich put their money to work. » The first lesson focuses on the two reasons behind the poverty and unhappiness of the middle and lower classes. Fear• of being left without money• people react emotionally instead of using their brains and thinking about their fears2. The desire • to have materialistic wealth • motivates people and makes decisions for them • once achieved, people fear losing their wealth. These two reasons are why middle and lower class people find themselves stuck in the "Rat Race", which is the continuous cycle of earning money and spending it on expenses. You must ignore these emotions of fear and desire, which control you and your thoughts. Lesson 2 – Why teach financial literacy? “In order to understand financial literacy, you need to know the difference between an asset and a liability. » The second lesson focuses on the importance of financial literacy. There is a rule to follow to understand financial literacy: “Know the difference between an asset and a liability and buy more assets.” » To do this you need to be able to understand and understand the numbers instead of just...... middle of paper...... job to win you should be able to handle the items following thanks to your management skills. :1. Cash flow2. Systems3. EmployeesBeginningsOvercoming ObstaclesThis chapter introduces readers to five reasons why financially literate people may still struggle to grow their assets.1. Fear – of losing money2. Cynicism – overcoming pessimism3. Laziness – staying “busy”4. Habits – paying others first5. Arrogance – ego + ignoranceGetting StartedThis chapter teaches ten steps to developing powers and having control over yourself:1. Have a reason greater than reality.2. Choose daily.3. Choose your friends carefully.4. Master one formula then learn a new one.5. Pay yourself first.6. Pay your brokers well.7. Be an “Indian giver”.8. Active people buy luxury.9. The need for heroes.10. Teach and you will receive. Works Cited Rich Dad, Poor Dad by Robert Kiyosaki