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Rich Dad Poor Dad Got THESE Things WRONG! | Ankur Warikoo Hindi

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In this video, I take a deep dive into the legendary book Rich Dad Poor Dad by Robert Kiyosaki and explain why following its advice blindly in 2026 India could be a huge financial mistake. While the book revolutionized personal finance when it was released in 1997, the economic landscape of modern-day India is vastly different from 90s America. I break down the 'Home as a Liability' concept with actual math, comparing US rental yields and interest rates to the Indian market to show why buying a house through a loan in India rarely makes it an 'asset' in the way Kiyosaki describes.

I also challenge the book’s dismissal of formal education and its push to 'escape the rat race' at any cost. I emphasize the importance of protection through insurance, automating your investments through SIPs to overcome 'habit problems', and most importantly, focusing on increasing your income while you're young rather than just obsessing over minor cost-cutting.

#RichDadPoorDad #PersonalFinance #warikoo

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RICH DAD POOR DAD Audiobook In Hindi| 6 RULES of Money By Robert Kiyosaki |

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RICH DAD POOR DAD Audiobook In Hindi | 6 RULES of Money By Robert Kiyosaki | #richdadpoordad #richdadpoordadsummary #richdadpoordadaudiobook

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Rich Dad Poor Dad Complete audio book Robert kiyosaki | Poor Dad Rich Dad Audiobook 2026

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INTRODUCTION

The book is the story of a person (the narrator and author) who has two fathers: the first was his biological father – the poor dad – and the other was the father of his childhood best friend, Mike – the rich dad. Both fathers taught the author how to achieve success but with very disparate approaches. It became evident to the author which father's approach made more financial sense. Throughout the book, the author compares both fathers – their principles, ideas, financial practices, and degree of dynamism and how his real father, the poor and struggling but highly educated man, paled against his rich dad in terms of asset building and business acumen.

The author compares his poor dad to those people who are perpetually scampering in the Rat Race, helplessly trapped in a vicious cycle of needing more but never able to satisfy their dreams for wealth because of one glaring lack: financial literacy. They spend so much time in school learning about the problems of the world, but have not acquired any valuable lessons about money, simply because it is never taught in school. His rich dad, by contrast, represents the independently wealthy core of society who deliberately takes advantage of the power of corporations and their personal knowledge of tax and accounting (or that of their financial advisers) which they manipulate to their advantage.

The book’s theme reduces to two fundamental concepts: a can-do attitude and fearless entrepreneurship. The author highlights these two concepts by providing multiple examples for each and focusing on the need for financial literacy, how the power of corporations contribute to making the wealthy even wealthier, minding your own business, overcoming obstacles by not fostering laziness, fear, cynicism and other negative attitudes, and recognizing the characteristics of humans and how their preconceived notions and upbringing hamper their financial freedom goals.

The author presents six major lessons which he discusses throughout the book:

◾The rich don’t work for money
◾The importance of financial literacy
◾Minding Your own business
◾Taxes and corporations
◾The rich invent money
◾The need to work to learn and not to work for money

#Richdad
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1 Hour with Robert Kiyosaki (Rich Dad Poor Dad) on Billionaire Mindset | The 1% Club Show | Ep 6

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Register for my Retire Early Masterclass:
https://bit.ly/43mJU91

Join the 1% Club: https://bit.ly/4a8ljrx

Subscribe to The 1% Club YouTube channel:

https://youtube.com/@onepercentclub12?si=JIoGypTjYexP_feR

———-

About Me:
Sharan Hegde is a personal finance expert who has been featured in Forbes, Economic Times, Mint, Times of India and many more. He is the Founder of The 1% Club, India's biggest finance community which helps people achieve financial independence.

———-

Join us in deep diving into a conversation that will change your opinion of money and how you manage it, propelled by Robert Kiyosaki, the ultimate maestro on money and the author of the world famous book, Rich Dad Poor Dad. Having grown up in rather humble surroundings, Robert, learned the importance of financial know how and independence. He has hence dedicated his life to share his knowledge with the world.

In this episode, Robert Kiyosaki and I covered a multitude of topics ranging from The Entrepreneur-Employee mindset, Bitcoin awaiting its doom, an impending World War 3 looming over us, how India stands tall and in the middle of BRICS, literally and figuratively and how our education system propels us to remain poor.

Any amount of time conversing and learning from him would have felt short. A sign of a true visionary. Grateful to have had this opportunity. I am certain you will leave a more informed and entertained person post watching this interview.

Watch till the end so you don't miss out on anything! And let me know your favourite statement from him in the comments below. Let's see if it's similar with me!⬇️

———–

Time Stamps:

(00:00) : Highlight
(0:41) : Introduction
(2:28) : Robert Kiyosaki's childhood and people's obsession with Schooling
(8:22) : World order
(12:19) : On India
(13:17) : Hinting on the Dollar's crash
(14:59) : The Youth of India u0026 their change in attitude regarding education
(18:16) : Generational Wealth u0026 Entrepreneurship
(22:19) : The American Dream and Poverty
(24:56) : Cryptocurrency
(29:02) : Inflation, Taxes u0026 Income Disparity
(34:07) : Renting vs Buying a house
(39:11) : Living a happy life
(41:15) : ESBI u0026 Advice to Youngsters
(50:43) : What do you want in life?
(55:18) : How to be successful?
(56:11) : On Trump u0026 Biden
(1:00:28) : The next Big Thing

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Rich Dad Poor Dad Book Review | Books on Money! | Ankur Warikoo Hindi

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If you wish to be part of the Money Matters series, please fill up this form: https://forms.gle/Tmbo2nUTnhn9vjpG7

This book had so much impact on me growing up, because it fundamentally changed my equation with money, and life!

Everyone must read “Rich Dad Poor Dad” to have a wonderful relationship with money, and I hope this video helps you do exactly that!

Download Kuku FM here, India's most vernacular podcasting platform: https://bit.ly/3HWLmlW

When you download it, use the code WARIKOO50 and the first 1000 users get 50% off on your annual subscription!

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00:00 Introduction
04:00 The Rich don't work for money
07:25 It is difficult to keep and grow money
11:35 Important to have side incomes!
12:40 Knowing how taxes work
15:47 The rich invent money
18:05 People who create wealth are constantly learning

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Rich Dad Poor Dad by Robert Kiyosaki (Detailed Summary)

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Detailed Step by Step walkthrough of Rich Dad Poor Dad by Robert Kiyosaki. This Animated book summary will help you to understand how the rich get rich and why you struggle financially. If you want to escape the rat race, this book can change your life.

This Visual guide will help you to understand all the amazing teachings that are within this book.

Rich Dad Poor Dad by Robert Kiyosaki
PART TWO – https://youtu.be/Qxc_uS7R1CY

*** Mindmap PDF ***

If you want to follow along with this detailed summary of Rich Dad poor dad, Grab a copy of the mindmap in the link below:

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📚My Top 50 book recommendations
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If you are struggling financially then you need to watch this video which covers topics such as:

-how to invest
-how to gain a financial education
-passive income
-how the rich get richer
-Assets to invest in, such as real estate, businesses and bitcoin
-financial coaching
-personal growth money learning
-what the rich teach their kids about money that the poor and middle class do not
-plus much more

What does rich dad poor dad teach you?

Rich Dad Poor dad gives you the right mindset to become financially free. It shows you how the Rich get richer and why the poor and middle class struggle through life. Robert's poor dad taught him to get a job and work his way up the corporate ladder. His Rich father guided him on another path that turned him into a multi-millionaire.

Who is Rich Dad?

Rich dad was Robert Kiyosaki's best friends father who guided him on the path to financial freedom.

Is Rich Dad Poor Dad a good book?

In my opinion this book changed my life. It helped me to change my perception of wealth and put me into the right mindset to continue on the path to financial freedom. It really opened my eyes to how most people struggle through life because they are playing by a different set of rules to the rich.

Other Video summaries on this Channel

The Four Agreements (Detailed Summary)
https://youtu.be/gpwuq5wOvwI

Limitless by Jim Kwik (Detailed Summary)
https://youtu.be/naEkf_As9kU

This is the story of the rich dad and the poor dad

Thankyou for watching this animated summary of Rich Dad Poor Dad by Robert Kiyosaki video. Please Subscribe 🙂

*** TIMESTAMPS ***

0:00 Intro
2:01 Rich Dad and Poor Dad
3:00 Lesson 1 – The Rich don't work for money
6:15 Lesson 2 – Why teach financial literacy?
12:19 Lesson 3 – Mind your own business

DISCLAIMER: All information and data on this video are for informational purposes only. The ideas and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional.

This video is copyrighted by Escaping Ordinary. Therefore any unauthorized copying and use of the work constitute copyright infringement.

#howtogetrich #robertkiyosaki #richdadpoordad

Day 26 of Improving my Communication Skills (Rich Dad Poor Dad)

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Family Finds Out POOR DAD Is SECRET MILLIONAIRE | Dhar Mann Studios

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rich Dad Poor Dad – Robert Kiyosaki [FULL SUMMARY]

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Robert Kiyosaki ''Increase your Financial IQ'' – https://youtu.be/gY5c9fY5ETM

HOW TO CONVERT A LIABILITY INTO AN ASSET – ROBERT KIYOSAKI, Rich Dad Poor Dad

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Assets and liabilities serve as the central focus of this episode of Millennial Money featuring Robert Kiyosaki. Robert dismantles a pervasive misconception—that your house is an asset. This idea is debunked to underscore the importance of understanding the true nature of assets and liabilities in one's financial journey.

Robert goes on to propose that people themselves can be assets or liabilities. The discussion extends to the financial responsibilities associated with caring for family members. This aspect brings forth the idea that while family can be a source of emotional support, they can also be financial obligations.

Examples of human liabilities, with a focus on financial commitments such as alimony and child support. This serves as a stark reminder of the financial responsibilities that individuals may have to shoulder in various life situations.

This episode not only clarifies the distinction between assets and liabilities but also underscores the importance of financial literacy, cash flow management, and the multifaceted nature of financial responsibilities in the context of family and personal finance.

#robertkiyosaki #richdadpoordad #millennialmoney

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