# Rich dad poor dad

*What the Rich Teach Their Kids about Money That the Poor and Middle Class Do Not!*

https://chemaclass.com/readings/rich-dad-poor-dad/

License: CC BY 4.0 (https://creativecommons.org/licenses/by/4.0/)

2021-01-15 | `economics`

> Explodes the myth that you need to earn a high income to become rich.

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- Explodes the myth that you need to earn a high income to become rich
- Challenges the belief that your house is an [asset](/readings/the-psychology-of-money/)
- Shows parents why they can't rely on the school system to teach their kids about [money](/readings/one-up-on-wall-street/)
- Defines once and for all an asset and a liability
- Teaches you what to teach your kids about money for their future financial success