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Summary: A Great Book!
Review: It is one of the best book I have ever read and opens my eyes and make me think of how I should learn to manage my income and expenses. Thanks a lot to Kiyosaki who has given me a paradigm-shift. Anybody who wants to have a better perpective about managing income and expenses wisely should read this book. You do not listen too much to others who gave their negatives comments. Kiyosaki has shared his story and vision to others to learn. People who negatively gave their comments are either negative since they were born or have nothing positive to share. Just find it, have it, read it, and learn yourself.
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Summary: A must buy!
Review: This is a very well written book, a fast/easy read. I am going to order Cashflow Quadrant next. I heard of this book while listening to a daily radio show on investing, he was the guest. The host was so impressed with his book she couldn't rave enough about it so I bought it on her recommendation and I'm sure glad I did. I also read the Millionaire Next Door which is good but this book is even better.
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Summary: Inspirational book for all ages.
Review: Robert is one of the masters at what he teaches. This book has been an inspiration and come highly recommended to anyone young or old to pick up a copy and be totally inspired. A book about a true story has greater depth and meaning and it is something that all of us at some point in our earlier lives can relate to. Understanding the basics of accounting as never been easier for all ages and lends a different twist to the world of accounting that has confuse many of us. If you want to get better control of your life, understanding the basics of accounting is crucial if you are to become wealthy in your mind as well as in your pockets.
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Summary: An excellent and modivational book
Review: I am 16, so naturally when I picked up 'Rich Dad, Poor Dad' I expected it to be a boring novel about finacial planning. I have never been so wrong. I absolutley loved reading the book and it inspired me to find out so much more about the world of money. I appreciated that most of the book was written in straight forward and simple to understand sentences, instead of just stories that aldults would understand. Before I read this book I had no idea about what I wanted to do with my life, but now there seems to be some hope for a bright future if I am willing to learn lots and lots about the world of money. I have raved about the book to many of my friends and 99.99% of them after reading the novel, agreed that the book put into perspective how most humans really do need a good money flow in order to be happy and satisfied with their lives and towards others. Basically I thank Robert T. Kiyosaki and hopes that he writes many more books such as these.
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Summary: Motivates further research into personal investment
Review: I am a student at the University of Western Australia. AsiaWeek gave the university an overall ranking of 26 amongst all the universities in the Asia-Pacific region (Tokyo University came out on top). I'm studying a combined Commerce/Mechanical Engineering degree and expect to graduate mid next year with First Class honours in engineering. I've only recently read "Rich Dad, Poor Dad" and am pleased to be able to share my opinions about it with so many people. The value of the book resides in its ability to impart on to the reader a certain orientation about the way in which money, as a responsible adult, can be viewed. As someone who is yet to commence professional work myself, the book provides some valuable insights as to the various reflections one has on the nature of work and money once careers begin and ladders are climbed. It's disquieting reading that those who are driven enough to gain professional success at a high level in a corporation may fall short of their financial goals. I have held the view that if you manage to graduate with excellent grades and secure a position with an elite firm, pretty much you'll be set for life. Not so, as Kioysaki strongly advocates: it is essential that one develops an ability to manage their personal finances too. Thus, seeing money in a new light has proven to be the most valuable lesson and it has motivated me to read further about specifics. However, some of the things I didn't like about the book were: * a large emphasis on starting up your own business. (Do you know how tough it is to do that? 99 out of 100 such ventures don't last for more than ten years). * not enough emphasis on encouraging kids to study hard at school. Kiyosaki quotes Gates, Ford, and Morgan, but how many people of such calibre have existed through the years? Not many. Going to school represents the "best-chance" way of at least getting a decent job (a stepping stone to building your asset base ?) * a bias towards "best-seller" literature.
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Summary: This book is a real classic on how to get wealthy!
Review: When I first stumbled onto this book, I saw two topics covered that convinced me to read further, 1031 Tax Deferred Real Estate Exchanges and use of the personal corporation to build and protect assets and credit. Kiyosaki lays out the mental, emotional, and real world business model for actually getting ahead and building a legacy of financial independence for yourself and your family. People always say they want the time and money to really enjoy life but few are willing to pay the price. Kiyosaki shows how you can get out of the "rat race" and make financial independence happen.
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Summary: Where's a book for people who don't want to retire?
Review: This book offers good advice RE recognizing REAL assets and liabilities. Paradigm-shifting stuff for many, no doubt. I haven't read Millionaire Next Door, but I get the impression its author is way too frugal in his lifestyle. Have your 'Goals', but also have fun along the way! Also, I feel Kiyosaki beats-up on his real father too much. After reading RDPD, I felt very sorry for the guy. Where does Greed fit into all of this? Why should people work, work, work, for more than they personally want or need? (Perhaps that's where this early-retirement fad comes in.) Personally, I enjoy my career so much I NEVER want to retire. Perhaps I should write my own book!!! Another paradigm-shifter in the making!
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Summary: let the money work for you rather than you work for money
Review: Thanks to Robert of his bold and far-sighted view. i'm currently a full-time lecturer in Malaysia who is always looking for another opportunity to increase and multiply my income. I've been in the Rat Race for about 10 years...now that i've found it. i'm going to share this book to all my students and i'm sure they don't know much of "people learn NOTHING from school. People work for money but they don't know how money work for them." if not for this book, most of us are still in the Rat Race.
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Summary: Reads like an infomercial
Review: The book does cover some good concepts on how to approach money, assets, and liabilities. However, the author does not deliver specific ways apply this knowledge to become rich. And there several instances in the book where he promotes his game (VERY expensive) and his other products. A decent read, but not very helpful.
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Summary: Great Book for Generation X-ers!
Review: I really enjoyed this book. Robert shows the distinction between his Rich Dad and Poor Dad strategies. I'm currently in graduate school and I wished I would have read this book before starting. I've read the Millionaire Next Door, Unlimited Power, Awaken the Giant Within and Women, Men and Money. This is what the rich really do think for those who lived on Grosse Ile, Michigan where I went to school. I'm an avid real estate investor and believe Robert's ideas will create new perspectives for people. I hope people in my generation X will get a chance to pick up this book as well as his Cashflow Quandrant. I've read all his books, I'm just waiting for his seminars to come to the Midwest. One may imagine learning even more ideas about what parents try to brainwash their children with! This book is an eye opener for computer people, loan officers, real estate investors and budding trainers! Anyone who's interested in becoming financially independent should read this book! I'm implementing a lot of his ideas in my life.
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