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Summary: Rich Kid Poor Kid
Review: Rich Dad Poor Dad not only teaches new ways to encounter money, but preaches a whole new lifestyle. YOu must change the way you live your life first and be open to learning new things before you want to learn to make and earn money. Kiyosaki teaches us that it's the little things we don't know that can make the different. That one little skill that can add an extra zero to our paychecks.
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Summary: Over Simplified but to the point
Review: The book brought up a lot of good theories, but they all sounded too simple. Though the book was a quick read, it was also so repetitive that at times I got bored with reading the same thought written for fifteen pages when it should have only taken up one. The simplicity and repetiveness helped me understand the overall picture, so I guess it is a good starting book when dealing with investments and money issues.
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Summary: A risk most aren't willing to take
Review: Mr. Kiyosaki writes about being willing to take risks to become rich. That the common person will often have and miss out on the opportunity of a lifetime because of that fear. The fear of knowing you won't be secure. The book is very interesting especially for young adults who still have the ability to take chances and be able to recuperate from any of them quickly. The book does a good job of giving the reader an overview of what it takes to be rich. The steps seem too simple to be true. I learned the difference betwwen an asset and a liability, which according to Kiyosaki is an important step in making the write decisions to becoming rich and most importantly staying rich.
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Summary: The Rich Dad, Poor Dad Review
Review: I highly recommend this book readers of all ages. It is an easy read but very informative. It enables you to think of money in a way that is out of the ordinary. Becuase the author learned at such a young age it motivates teenagers that their money habits today will effect their tomorow. I am now aware of assest and liabilities and will rethink the way I spend my next pay check. This book made me realize that to get rich one must think and introspect. Once that is done and one is able to set aside money as well as properly invest wealth will come. I look forward to reading more books by this author.
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Summary: Realistic Economic Basics for the Average Joe
Review: The principals and lessons explained in Rich Dad, Poor Dad are important to financial autonomy. Robert Kiyosaki's stories tend to be long-winded and simplistic, yet successfully teach the basic economic thought behind becoming rich. With little or no application explained, Rich Dad, Poor Dad serves as a somewhat introductory book and is perfect for students or those not already in the know. Overall, the book is a pleasure to skim or read and is positive and simplistic.
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Summary: It was good
Review: Kiyosaki did an amazing job teaching people about money. He uses simple language and understandable examples that anybody can understand. He has taught me so much about how i can become wealthy. All we need to do is become financial literate and not be scared to take a risk. Most people are scared to lose money and work for money. We must be like the rich and let money make money for us!
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Summary: Is this ever going to stop?
Review: I am Utterly amazed that this Rich Dad will not go away. Robert Kiyosaki says the same thing in book after book. The advice is absolutely wrong many times. You cannot deduct items like gold watches and sports cars as deductible business expenses! The books are fun to read..most fantasy novels are, but don't take financial advice from the Rich Dad Books. Read or study a good book, one on discounted cash flows for instance, then use something like this for mental candy if you need to.
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Summary: Simple and Easy way to figure out your lifes work
Review: I am 16 years old and just bought this book yesterday evening. Today, I am almost finished with it. I cannot put it down. I am simply amazed how simple Robert Kiyosaki can put finances. I have realized how much of a joy reading this book was. I have been contemplating what field to go into in college. Now I know that Business Finance is my route. This book teaches you everything you need to know and then some. It's not a "tech" book that just uses finance jargon used only by CPAs and the IRS. It is simply and easy to understand. It gives you inspiration that owning your own company can happen, not only in your dreams. I recommend this book to any one of any age who wants to know how to manage their finances or simply would like to see if they know as much as they claim they do in the world of financing. Thank you Mr. Kiyosaki!
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Summary: Good read, but be careful.
Review: The book is better as a motivational tool than a guide on how to get rich. He has some good points, but be very careful about the methods he suggests. They are not as simple as he makes them sound. In addition, there's good evidence he never did any of those things. ...
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Summary: How We Grab So Frantically at False Hope
Review: Emerson was a brilliant writer, and an inability to adapt to one's dynamic environment, on any level, including financially, is "the hobgoblin of little minds." However, Kiyosaki is a businessman, not a writer, so one can obtain more enlightenment from an exemplar of RTK's true field, P.T. Barnum. I believe he said "A sucker is born every minute." This book does nothing more than pander to the ignorant who want to lament and blame others because they've spent half of their life living the hyperconsumeristic lifestyle that is now biting so many Americans in the butt. I will give it two stars because, if you have no previous experience with accounting, or are uneasy in the world of money, this book does offer entertaining examples of entrepeneurial existence. For example, I found the comic book library story charming. However, the fact still remains this is information most people know, and if one didn't know, one could find in any finacial book. Don't expect earth shattering revelations unless you've been living in a cave since the advent of the Internet. Also, several key points in this book are shaky. The author advocates high-risk high-yield investments, which, for anyone with a reasonable time frame, should be included in their portfolios. However, Kiyosaki doesn't mention the need for a short term emergency cash fund in case your water heater explodes on your road to financial freedom. All financial planners will tell you, any money that you'll need in the next five (for agressive investors) to ten (for conservative investor) years should be kept out of the market. Also, if you lost your job tomorrow and don't have enough emergency funds to last at least six months, you don't belong in the market anyway. Secondly, one would be much better off paying off one's mortgage than investing huge amounts of money in a "passive income" investment. In short, if your eggs are all in one basket, your house is paid for, you're out of debt, you're traditional retirement vehicles are nice and plump, why not try to generate passive income with low caps, mlm's or even a restaurant? However, hard work, education, and a will to succeed, as RTK so eloquently points out, are not enough. Most self-employed persons are not rich, and most small businesses fail. This book is not special. If you're unfamiliar with the concepts, there are more dull ways of getting it. But the primary point of this book, along with the following titles in the series, is to sell more books. If you think RTK is the messiah of personal finance, whoop-de-doo. I'm for anybody who can get however many Americans to buckle down and think about their finances. Also, I read in one review where a reader was complaing about pension plans and cutbacks on health benefits. DUH. Pension plans are somewhere between the electoral college and fossils on the antiquity scale, and health care, well, that's a whole other issue. . . To surmise, this book offers good basics. The details are sketchy, even unstable. This is not to say that Kiyosaki's advice is misinformed, most Americans aren't just in a postion to take advanatge of it fully.
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