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Summary: A Paradigm Shift for Most People
Review: Robert Kiyosaki's thinking, and this book in particular, helped me make an immense paradigm shift. Prior to reading this book, I had goals of a certain income or having a certain amount of money. This book changed everything and got me to focus on passive income and having money work for me! It only took me six months to fully apply Kiyosaki's principles to the extent that I would never have to work again. As a result, I can easily say that this is perhaps the most valuable book I have ever read about money.
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Summary: pointlessly pedantic
Review: rambling in structure, pedantic in tone, but superficial in insight. takes 30 min to get the jist of it; and that is too long to spend on this book.
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Summary: Very good advise to start
Review: I think this book is a very good starting place. It doesn't give very detailed info, but you should read it to get a foundation. The next book CASHFLOW Quadrant gets more detailed, then the last book Rich Dad's Guide to Investing (coming out soon - spring 2000) is even more detailed he says. So I recommend it for a starting place.
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Summary: Get Rich or Get Smart
Review: Along with my colleagues, this book is not for the "Get Rich" crowd. This book is for people who want to be smart about money. Instead of working for Uncle Sam, learn how to name Abraham Linclon, George Washington, Benjamin Franklin and other monetary celebrities as employees of your corporation. Take a seat and learn Financial Ed 101.
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Summary: READ THIS! A Great WHAT-WHEN-WHY book.
Review: First, I had the pleasure to meet Robert T. Kiyosaki at a convention in Chicago one week 5/6/00 after the Oprah show aired here 4/28/00. Although I had paid to attend the convention in in February before he was confirmed as a speaker, his appearance on Oprah attracted a wider audience. This book works if you are looking for a WHAT-WHEN-WHY vs. a WHERE-WHICH-HOW book. I've had this book for a year and I've done reviews of it on my own website. This book, followed by the CASHFLOW Quadrant ,CASHFLOW for Kids (game), and CASHFLOW 101/202 (games), are tools to practice habits which will get you FREE of debt and the RAT RACE. In addition, it seems that some of these NEGATIVE reviews are from people NEGAVITES(tm) who seem to want something from nothing. All the secrets of wealth will not be revealed in a $15 retail book! I'm sure those NEGAVITES(tm) have not written a book or created any legacies of wealth. To the NEGAVITES(tm) who complained about RTK's "bragging", "language", and "lack of detail": This is an opportunity for you "GET on the PLAYING FIELD" and WRITE YOUR OWN BOOK, which will not "brag", speak the "kings english", and provide the "research and detail" for the path to wealth.
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Summary: Stop Reading Reviews and Buy this Book
Review: Every day you delay reading this book costs you money. I read some of the positive and negative reviews on this book and was compelled to put in my own two cents. This book and the sequel (Cash Flow Quadrants) were two of the most eye opening books I have read on personal finance. I am by no means an expert, but I have read at least 50 books in this area. One of the reviews I read stated this book was weak compared to The Motley Fool's... and The Millionaire Next Door. I have read both of these books, and I completely disagree.
Rich Dad Poor Dad is not a get rich quick book, nor is it a book explaining one person's technique on creating wealth. It literally teaches the fundamental principals and thought processes required to develop wealth. I have recommended this book to at least 100 people and have gotten nothing but positive feedback. This book is a must read for anyone who has the itch to develop passive income.
Disclaimer: As great as this book, I do not recommend reading it until you have taken control of your day to day finances. If you are living above your means, you need to gain control before you try to multiply. Read Financial Peace by Dave Ramsey first.
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Summary: Dads and Moms must read this book!
Review: A friend of mine recommended this book to me. It is truly an eye-openner. It clarifies a lot of the myths about managing manoey and gives concrete guidelines for parents to follow. This is must read for moms and dads and a good start for reading more on the subject of money and family.
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Summary: DANGEROUS ADVICE -- BUT GET RICH QUICK FOR AUTHOR!
Review: The author and a very, very small percent of people will ever strike it rich and the odds get much worse if you don't have an education. The odds are about as good as winning a multimillion dollar LOTTO. The advice in this book will cause most who follow it to live paycheck to paycheck with no security. But the author is making millions touting this nonsense. Kids need to be taught about money but this book is the road to poverty.
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Summary: Worth the Money
Review: This book is purely motivational in nature. It will get you thinking about what you money is or is not doing for you. You'll want to invest before the book is through. The first chapter is somewhat slow, but the rest of the book keeps your interest and will run your highliter dry.
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Summary: Materialsm, pure and simple
Review: This is one sick capitalist puppy. Mr. Kiyosaki has so fully embraced the religion of money, he has forgotten some of the truly important things in life. I know its all been said before, but money really isn't everything. Certainly it's important - everything is easier when you don't have to worry about providing for your family, but when everything else, even spending money, is seen as secondary to accumulating it, I think a question of priorities should be posed.
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