Breaking the Cycle of Poverty: Insights from Rich Dad Poor Dad Poverty isn’t just a financial state—it’s a self-perpetuating cycle that traps individuals and families across generations. Fortunately, Robert Kiyosaki’s Rich Dad Poor Dad offers profound insights on breaking this repetitive cycle. By understanding the root causes of poverty and embracing actionable strategies, individuals can step onto the path of financial independence. Understanding the Cycle of Poverty The cycle of poverty impacts millions worldwide, limiting opportunities and perpetuating inequality. But what exactly does it mean to be stuck in this cycle? Let’s break it down. Definition and Characteristics In simple terms, the cycle of poverty refers to conditions that make it difficult for individuals or families to escape economic hardship. These conditions pass from generation to generation, making progress seem almost impossible. According to World Vision , common characteristics include poor healthc...