Rating: 
Summary: Easy read and great knowledge
Review: Wonderful book. Very inspiring. A must read for all who want to be rich. The Rich Dad Poor Dad series is very good. Cash Flow 101 is also a great game. If you haven't read any of the Rich Dad Poor Dad books, start with this one.
Rating:
Summary: Cashflow 101 game is great!
Review: I recently triend the Cashflow 101 game. Regrettfully, I failed to get out of the rat race the first time so I went out and bought Rich Dad Poor Dad and tried the game again and did better after changing my belief system.Third time was the charm. I got out of the rat race. I am also am out of the rat race in real life as well. Highly recommended educational tool.
Rating:
Summary: The Freeway to financial freedom
Review: It's about time that someone with mega credibility like Robert Kiyosaki explodes the myth of a college education. I have many friends who spent thousands on a college education only to spend thousands more and then thousands more and today are poounding the pavement trying to find a job just like the one they just got downsized from. I also know many people who have lost their homes to foreclosure and therefore their life savings because they were dupted into thinking that a home was a "asset." Kiyosaki's advice is right on. He is telling it like it is. It may not be what you want to hear and it may be opposed to what you were taught by early mentors, but let me ask you a question; how are those mentors doing? Let me ask you another question: have you ever been mentored by a rich person before? Kiyosaki gives you that chance. Use it or lose it. The choice is yours. I also recommend Rich Dad's Success Stories to get the full and true story of how Kiyosaki has positively impacted the lives of others. His system works. Try it. You'll love it.
Rating:
Summary: Got me off the financial treadmil
Review: Before following Kiyosaki's ideas, I was like a gerbel in a cage on a treadmil going nowhere. Now I have passive income working for me. My money is working harder for me that I used to work to obtain it. I highly recommend Rich Dad Poor Dad for anyone who wants real financial success. You can make money or you can make excuses. Excuse makers, check out those tabloid like websites and continue to go nowhere. At best, you will learn how to set up a website that attracts losers.
Rating: 
Summary: this is NOT the way to wealth
Review: Mr. Kiyosaki runs down the one sure way to make more money
during one's life, that is "MORE EDUCATION"! One can get quite
a feel for Mr. Kiyosaki's agenda by reading John T. Reed's
analysis of him (and many other so-called 'gurus') Questionable
facts, and questionable biographical details....
Rating:
Summary: Still a best seller for a reason...IT WORKS!
Review: For a book to stay on the best seller lists as long as Rich Dad Poor Dad has is ample proof that the information is for real. What some of these 1 star reviewers hope you never realize is that word of mouth is the most powerful form of advertising in the world. If in fact this book was as bad as they (or is that he??) would like you to believe, don't you think the people who actually bought and read the book would have communicated that to everyone they know. This book works for those who are willing to use it. BUT DON'T TAKE MY WORD FOR IT--Read Rich Dad's Success Stories for real life true stories on how Rich Dad and RTK's philosophy has positively impacted the lives of so many people. Great book. But only for winners.
Rating:
Summary: Rich Dad, Poor Dad
Review: The author provides great concepts on what it takes to build wealth, but scant little in the way of details about how to implement them. Repeated references to the author's lectures, seminars, and educational board games throughout the book are obvious invitations to fork over additional cash in order to get the details. The same few golden rules provided to build wealth are repeated over and over throughout the book. After the first couple of chapters the book provides nothing new, just a rehashing of the same concepts. Just like a television infomercial, but in print.
Rating:
Summary: Simple message, profound message
Review: The basic theme of the book can be summed up in two words, "buy assets." With that as your financial plan your money grows. Assets are all those things that make money. Expenses are all those things that cost money. Your car is not an asset, it's a money pit. Your house may be an asset or may not. The rental house you bought, now that's an asset. Poor people don't know the power of assets, and don't know how to tell an asset from a liability. It's not a complete forumla for geting rich, but it is the place to start.
Rating: 
Summary: Good Philosophy - Bad Advice (2 1/2 Stars)
Review: I would rate this book with two and a half stars if I could vote in half star increments. The book has a lot of positive aspects, but it has a lot of non-specific advice and some very bad or inaccurate advice. Understand that this is not a book that will give you the "How To" on anything. The author leaves out most of the specific details that would allow someone to create a plan. The book is very much a "Financial Philosophy" book. The postive aspects is the author's hard hitting advice in the beginning of the book. He spends time talking about how the educational system doesn't really teach people how to managage money effectively. He also discusses some great points on how you should invest your money in income producing assets like rental real estate, stocks, businesses, etc. He gives some great advice on how a person needs to avoid buying liabilities. He defines liabilities as anything that doesn't produce income and actually costs you money to keep like a boats, cars, etc. He points out that we are taught to get good grades, get a good job, and buy the American dream. He points out that most people buy things using consumer debt and spend their whole life working hard to pay bankers, interest on credit cards, etc. He says we are taught that our future is in a "secure" job, which he contends doesn't exist. In my opinion all of this is excellent advice and goes a long way to getting people to rethink their views on their financial lives. It isn't really specific on any points here, but if you are a person who puts faith in a secure job, spends most of your income, and has consumer debt you may get a real eye opener by reading the book. On the negative side he doesn't give you any specific plans, steps, outlines, or information on "how to" build income producing assets. He has a few very vague examples of things he has done, but nothing specific. He does however offer up some very bad tax advice about how to use corporations and 1031 real estate exchanges. I would strongly recommend a reader go see their personal attorney and CPA before trying any of his suggestions on tax. He also seems to come down pretty hard on any type of formal education. He repeats over and over again how bad our educational system is. While I think he has a point that our educational system doesn't teach people how to manage money effectively I completely disagree that education is worthless. A good education in math, English, writing, and business etc. will never be a waste no matter what your lot in life is. He also spends time basically directing readers to other sources for specific information on how to do anything. He suggests readers attend seminars, read other books, play his game CASHFLOW, etc. to get specific education on topics such as investing, real estate, taxes, etc. Finally, he has some very bad and vague examples of how taxes work in different scenarios, which I found inaccurate. The overall writing style could also use improvement. His style of writing is vague at points, illogical, and poorly constructed. He points out in the book that he is a "best selling" not a "best writing" author. I would agree with that. I don't want to bash the book too bad because I can see what he was trying to accomplish, but to a beginner or someone who doesn't have a business background you could easily draw bad conclusions and bad advice from the book. I would recommend a person only read it as a broad overall introduction to "financial thinking" and avoid all general advice he gives on taxes, education, or investing. I would read other far better books on those subjects.
Rating:
Summary: Poor Book
Review: I decided to purchase this book after two people recommended it to me, but I was sorely disappointed. Let's start with the positives. Kiyosaki offers SOME sound advice: it obviously makes good sense to become financially educated, to develop an investment portfolio and to avoid wracking up credit card debt. However, most of the other "advice" provided in the book is highly suspect, to say the least. Kyosaki goes as far as to recommend that people not diversify their investment portfolios. An extremely dangerous proposition if you are playing with your retirement money or college fund. The advice provided in the book is mostly general, amorphous and repetitive in nature. It consists mostly of Kyosaki's description of real estate bargains he has supposedly found over the years. The book is poorly written and is filled with numerous spelling errors, grammatical mistakes and poor page layout decisions. As Kyosaki himself states, he is a "best selling" not a "best writing" author, but this is no defense for his editors.
If you decide you want to read this book (which I don't recommend), look at it as an inspirational piece. This is not an investment guide, nor a "how to" book. It is filled with platitudes, flaming rhetoric and that's about it. If you are serious about investing - which you should be - there are far better books out there. Finally, just in case you were wondering, I am an MBA and a lawyer, and I am "financially well educated" as Kiyosaki would put it.
| 
