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Summary: Brain Author: A balanced sane way of living...
Review: In "care and feeding of your brain" one point I keep stressing is a balanced life. If you cannot manage your finances you cannot balance your life. Kiyosaki creates a wonderful and inspiring paradigm by which you go from being a stressed-out employee of the system, to a self-actualizing wealthy and contributing member of society. Not just a sunshine-self-help book...practical and workable advice in a simple format...best to Mr. Kiyosaki... Ken Giuffre' MD, author "The Care and Feeding of Your Brain"
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Summary: Essential book for young families
Review: This easy-to-read book presents information in a logical manner. It is the kind of advice that young families need today. Some of it is just plain common sense but most of it requires changing thinking from beyond immediate gratification to issues of long-range planning.
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Summary: To achieve Financial Independence, get this book!
Review: The last book to make such a great impact on me was Stephen Covey's 7 Habits of Highly Effective People. As at the time of writing this review, Kiyosaki's book has received 290 reviews here. This must surely be testimony of the impact of Rich Dad Poor Dad. If you have not read this book, for your own sake and that of your children's, go get the book the now!Kiyosaki's concepts are simple, yet profound. It makes you wonder if it was so commmonsensical, why didn't you think of it earlier. But I like books like Kiyosaki's. These books have a way of crystallising simple truths and principles which the reader would otherwise have missed. Kiyosaki's concepts on wealth, what constitutes an asset and liability, how one's balance sheet interacts with the income statement, are all so powerful. If you are serious in achieving financial independence, get this book and read. And re-read it again and again!
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Summary: Written in an alarmist fashion, but good....
Review: Many reviewers have criticised Kiyosaki, especially those who are already money-wise, but if you're not market savvy yet, then this is still an excellent book. For example, many of us already know you can treat business expenses (like overseas holidays and luxury cars) as tax write-offs, but people who are not in business are often surprised about this. So, Kiyosaki, despite his detractors, IS educational. If you are already knowledgeable, the information may be nothing knew to you, but his book is still quite good. However, I have noticed something that few other, if any, reviewers have pointed out or even noticed: Kiyosaki's writing style is overly alarmist. The books best points were "Let 'em Scream" (in relation to creditors) - ie, pay yourself first - and Avoid the Mortgage Trap (ie, a Mortgage is not an Asset). Taking on-board the author's financial wisdom, I have to say that I personally would not attend a two-day Kiyosaki seminar because they are very costly and it seems that authors who conduct seminars do little more than reiterate what is already said in their books. Overall, "Rich Dad, Poor Dad" is a worthwhile book if you never had your own 'Rich Dad' (or ready access to street-level financial advice for the novice) but other readers (judging by the tone of some reviews on this site) may not need to buy in.
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Summary: Rich Dad, Poor Dad, investment savvy
Review: Having promised myself years ago to 'DO' something about investments for getting wealthier and for retirement like many did nothing, always too busy. Well, this book is a wake-up call to all those investment savvy wannabees, like myself who keep putting it off. If you can't set an example to your children then how are they to learn? Start small and have fun is good advice. Robert does however 'go on a bit' with repetition on some of his principals, but I wonder if that's not deliberate, to get us all to LISTEN to him. Wonderful light reading, inspiring and yes this time I am going to do it. For the children's sake atleast.
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Summary: Thought provoking approach to finance and a quick read
Review: This is a very quick, enjoyable read. This book focuses on an issue I had never really thought about: breaking the cycle of working at a job for a living. Ironically, he recommends you do just that while you start your own business on the side. He does brag about some of his investments even though he says he doesn't mean to. He also has some "unique" and speculative investing strategies like tax receipts. But the focus of this book should be on changing the cycle of living up to your salary and instead saving money for investing. He is a conservative man who leverages his winnings, evidently quite successfully. Should be required reading for all college graduates and is the next present for my daughter.
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Summary: Wealth mgmt for post war generation
Review: This a clearly written history of the author's early, "informal" education in the area of managing personal wealth. In his "matter of fact style" the author dicloses some not so popular basics of creating and building personal wealth through assets. A paradigm shift for most of us baby boomers. Fun reading, valuable, and highly recommended for anyone reviewing their wealth creation pragma - ' better not charge this book! Good reading!
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Summary: Great Book
Review: I'm starting grad school in the fall and read this book this summer. VERY ENCOURAGING! Hey and with 285 comments on this book...it probably won't be a waste of money.
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Summary: An inspiration
Review: I am 13 years old, and I read this book last year. Mr. Kiyosaki's book offers many possibilities for making money, and deals with the phsycological differences among people of the 3 basic classes. It has an easy to read, conversational format that makes you think, and offers many good rhetorical questions. The message that the author is trying to send you throughout the entire book, is that assets feed you, and liabilities eat you. Although I will not be using the information in this book until about 15 years later, it made me start thinking. I cannot rave enough. This should be required high school reading material!
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Summary: Save Your Kids!
Review: God Bless Kiyosaki. Things change. And we have to change with them. Most people, I am sorry to say, are way behind. They are like old record players. On and on and on. "Graduate from college, get a job, buy a home, on and on". This formula will not work anymore. And if you spoon feed it to your children, uh-oh. Buy this book and simply get updated to the new finacial world. As Kiyosaki brillantly points out, the really important thing is to be able to fall back on investments. And this is of the most utmost importance. As I read this book, I could see that Kiyosaki can't really see into the future. But he does know the realities of our situation today. In seems that more and more people are simply going to live off their investments. If you acquire one million dollars and receive 10% interest, you will receive $100,000 before taxes yearly. Why are we having our children going to college on a $50,000 loan without understanding the realities that Kiyosaki espouses in this simply "must-buy-read-and-FOLLOW" book. Save your children from falling into the antiquated money trap that NO LONGER EXISTS. Kiyosaki also seems a bit worried about the future where a two-class system exists. One in which people are living off their investments. And another which consists of people working for $6 an hour. Think of it. It is happening before our eyes and seems more like a science fiction novel. But the book and save yourself a great deal of possible future misery.
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