B1 · 3,864 words · German

Rich Dad, Poor Dad

Robert T. Kiyosaki

Rich Dad, Poor Dad by Robert T. Kiyosaki offers a transformative look at the difference between financial independence and financial struggles, through the contrasting perspectives of two father figures in his life. “Rich Dad,” his best friend’s father, was a self-made entrepreneur who taught Robert to build wealth through assets, investments, and financial education while taking calculated risks. In contrast, “Poor Dad,” Robert’s own father, followed traditional beliefs such as job security, saving, and relying on formal education, but struggled financially. The book emphasizes the importance of understanding the difference between assets and liabilities, the value of financial education, and the power of passive income. By changing your mindset and focusing on acquiring assets, taking risks, and continually learning, anyone can break out of the “rat race” and achieve lasting financial freedom. Through relatable lessons and practical advice, the book challenges readers to think differently about money and take proactive steps toward building wealth.

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The words readers of this text looked up most, each with its meaning and the line it comes from.

Verbindlichkeiten / fɛɐ̯ˈbɪntlɪçkaɪtn̩ /noun

liabilities

in Verbindlichkeiten statt in Vermögenswerte investieren

to invest in liabilities instead of assets

SchuldenVerpflichtungen

Vermögenswerten / ˈfɛʁˌmöːɡn̩sˌvɛʁtə /noun

assets

den Unterschied zwischen Vermögenswerten und Verbindlichkeiten

the difference between assets and liabilities

AktivaBesitztümer

ermutigte / ɛɐ̯ˈmuːtɪɡtə /verb

encouraged

Die Perspektive des reichen Vaters ermutigte ihn.

The rich father's perspective encouraged him.

motivierteinspirierte

die Denkweise / diː ˈdɛŋkˌvaɪ̯zə /noun

mindset

zeigt, wie die Denkweise, die wir wählen, unsere finanzielle Zukunft gestalten kann

shows how the mindset we choose can shape our financial future

EinstellungMentalität

der Wohlstand / deːɐ̯ ˈvoːlˌʃtant /noun

prosperity

Er betonte auch die Bedeutung des Reinvestierens von Gewinnen, um den Wohlstand noch weiter zu vergrößern.

He also emphasized the importance of reinvesting profits to further increase prosperity.

ReichtumVermögenWohlfahrt

der Gehaltsscheck / deːɐ̯ ˈɡeːhaːlt͡sˌʃɛk /noun

paycheck

Er lebte von Gehaltsscheck zu Gehaltsscheck.

He lived from paycheck to paycheck.

die Bedeutung / diː bəˈdɔʏ̯tʊŋ /noun

importance

Die Perspektive des reichen Vaters ermutigte ihn, anders über Geld nachzudenken, mit einem Fokus auf finanzielle Bildung und die Bedeutung von Vermögenswerten.

The rich father's perspective encouraged him to think differently about money, with a focus on financial education and the importance of assets.

WichtigkeitRelevanz

das Eingehen / das ˈeɪnˌɡeɪən /noun

taking

das Eingehen von Risiken

the taking of risks

Risiko

Erfolge / ɛɐ̯ˈfɔlɡ /noun

successes

Finanzielle Erfolge hängen oft von der Denkweise ab.

Financial successes often depend on mindset.

LeistungErrungenschaftTriumph