My Book My Inspiration Essay 1500 Words

In this Article, We are sharing an Essay on Current My Book My Inspiration under 1500 Words. Let’s Get Started

Introduction: “My Book My Inspiration”

Rich Dad Poor Dad” is a book by Robert Kiyosaki that has had a big impact on my life and inspires me a lot. It talks about two fathers with different mindsets—one rich and one poor—and shares important lessons about money and life that the author learned from them. The book teaches us about money skills, how to create wealth, and the importance of having the right mindset for financial success. I chose this book because I wanted to understand personal finance better and develop a mindset that would help me build a strong financial future. It’s a book that has guided me and motivated me to make smart financial choices.

Overview of the book: “My Book My Inspiration”

“Rich Dad Poor Dad” is a book that tells the story of Robert Kiyosaki’s life and the money lessons he learned from his two fathers. One was his real dad, who didn’t have much money despite working hard. The other was his best friend’s dad, who was rich and had a different way of thinking about money. Kiyosaki shares their conversations and experiences to teach us important things about money.

The book talks about simple ideas like knowing the difference between things that make you money (assets) and things that cost you money (liabilities). It also tells us how important it is to have income that comes in without us having to work for it (passive income) and to use money wisely to make even more money (leveraging).

The main message is that we shouldn’t rely on just a job to make money. Instead, we should aim to have assets that bring in income, so we don’t have to work all our lives. It’s a friendly and easy book that teaches us how to take control of our finances and work towards financial freedom.

How the book has inspired me: 

“Rich Dad Poor Dad” has had a huge impact on my life and inspired me in many ways. One important lesson I learned from this book is the value of understanding money. It made me realize that our regular education doesn’t teach us enough about how to handle our finances. This realization motivated me to actively learn about personal finance, investing, and how to create wealth.

The book also changed how I think about wealth and success. It showed me that true wealth isn’t just about having lots of things, but about being financially independent and having the freedom to live life on your own terms. This new way of thinking has made a big difference in my life. Now, I focus on building assets and finding ways to make money work for me, so that I can have a secure financial future.

Overall, “Rich Dad Poor Dad” is a friendly and easy-to-understand book that has inspired me to take control of my financial education and work towards achieving financial independence.

How I have applied the lessons from the book to my life:

Ever since I read “Rich Dad Poor Dad,” I’ve been using lots of the strategies and ideas from the book to improve my finances. One important lesson I learned was how crucial it is to have a budget and keep track of my spending. I started paying close attention to how much money I make and where it goes, so I could find ways to save more and invest wisely.

The book also inspired me to explore different ways to invest my money. I started learning about stocks, real estate, and even started my own online business. I realized that assets can generate income for me, so I focused on making smart choices about where to put my money.

Another thing the book taught me is the importance of always learning and growing. Now, I make it a habit to learn more about finance and entrepreneurship every day. I read books, go to seminars, and connect with others who share the same interests. This commitment to lifelong learning has not only made me smarter about money but has also opened up new opportunities in different areas of my life.

Overall, “Rich Dad Poor Dad” has been a friendly and easy-to-understand guide that has helped me take control of my finances and make better choices for my future.

Conclusion of My Book My Inspiration Essay:

“Rich Dad Poor Dad” has completely changed my life. This book has given me the knowledge and mindset to handle my money better. It has motivated me to be in charge of my financial future, think like an investor, and lay a strong foundation for creating wealth in the long run. By following the lessons from this book, I have become more aware of my finances, made smarter decisions when investing, and gained the confidence to pursue my dreams of starting my own business. I am so thankful to Robert Kiyosaki for writing this book because it has ignited a passion in me to work towards financial independence and live a life filled with abundance.

Here are Some of the Life Lessons of Rich Dad Poor Dad: (My Book my Inspiration)

Financial Education

  • Rich people know that learning about money is important. They understand that money is like a tool that can help them create wealth, so they are eager to learn how to use it wisely.


  • On the other hand, poor and middle-class people often haven’t had much education about money. They may not know the basics of investing or saving, which can lead to making unwise financial choices. It’s like not having the right knowledge to make the best decisions about money.

The Importance of Investing

  • Rich people understand how important it is to invest money. They know that when you invest, your money can grow over time through something called compound interest. They are willing to put their money into investments for a long time.


  • On the other hand, poor and middle-class people often spend all the money they earn right away. They might not have any money left to invest, or they might be afraid of taking risks with investing.

The Power of Leverage

  • Leverage means using borrowed money to increase the potential gains from your investments. Rich people understand how powerful leverage can be, and they use it to their advantage.
  • For instance, let’s say someone wants to invest in real estate. They can borrow money to buy a property. If the value of that property goes up, the investor will make a profit that is much bigger than the amount they borrowed. It’s like getting more out of their investment by using borrowed money.
The Importance of Taking Risks
  • Rich people are not afraid to take risks. They understand that in order to achieve great things, you sometimes need to step outside of your comfort zone and take calculated risks.


  • On the other hand, poor and middle-class people often prefer to play it safe. They may be afraid of losing money, or they may not believe in their own ability to achieve great things. They like to stick with what feels comfortable and familiar to them.

Importance of Thinking Long-Term

  • Rich people think about the future. They understand that building wealth takes time, so they are willing to make small sacrifices now to achieve their long-term goals.


  • On the other hand, poor and middle-class people often focus on immediate needs and desires. They might be tempted to spend money on things they don’t really need or make impulsive decisions that can harm their long-term financial well-being. They prefer instant gratification rather than thinking about the bigger picture.
The Importance of Financial Freedom
  • Rich people understand how important it is to have financial freedom. They believe that money should not cause stress, so they are determined to do whatever it takes to become financially independent.


  • On the other hand, poor and middle-class people often feel stressed about money. They worry about meeting their basic needs or losing their jobs, which adds to their financial concerns.

My Book My Inspiration Essay 1500 Words

We hope that you liked our article “My Book My Inspiration Essay 1500 Words” If you liked this article, then you can share it with your friends.

See more posts 



By Maroof

Zara Ahmed, a hardworking and motivated girl who has a degree in Computer Science and Engineering. She enjoys writing articles about IT and other subjects, and many of her articles have been published on this site. Zara has a positive attitude to her work. She believes that being patient is important for achieving success, and she's willing to work hard to reach her goals.

Leave a Reply

Your email address will not be published. Required fields are marked *