Rating: 
Summary: Theory Vs Practice
Review: When I was a student at a leading business school in India, there was a small time vendor (a high school dropout) selling tea, snacks and cigarettes just outside our campus. The popular joke and perhaps a fact was that this guy earns more than our professors who teach finance inside the campus. Theory and practice are very different. My dad was a scientist and worked for a government laboratory for over three decades. He was never rich. I am a well qualified professional working for a large corporation. As rightly pointed out by the author, like many others, I work for the first four months of the year for the government to pay taxes and double that time towards repayments of loans on "assets". This book is a special gift to my daughter who is entering her final year of high school. Let her not repeat the mistakes of her dad and his dad. Simple and straightforward, this book has the power to change our thinking and our lives.
Rating:
Summary: Great motivational book! Changes how you see the money!
Review: I wrote this to a friend:
Hi Bill! I've read this book in Russian. Don't remember if I told you about it. It's so motivational! It gives you power to do what you want to do.
Also this book helps you understand what is going on in your life financially.
Looking back I realize what is genius. It is simply "max result with least effort". This guy writes about this regarding finances.
I'll say it again -- it was very motivational for me. I mean it made me want to make things in my life. Also it's great for raising kids.
Anyway, maybe you already read it... He has whole bunch of books on those subjects.
I am also intrigued by his Cashflow game.
Also liked his book on organizing oneself "Use your asset #1" or something...
Anyway, a great book. Must be in every home!
Rating:
Summary: Great Book...amazing so many miss the point
Review: There are three types of people who will read this book:
1. The ones who like it but don't get it
2. The ones who bash it but don't get it
3. The ones that truly get the point and change their lives To write books which simply expose the basic concepts of how financially-independent people think and drill these basic ideas into your head through repetitive story telling is genius. People complain about the lack of a specific outline of steps and the repetitive nature of the writing. These are the principles which make these books work. As a side note, I'm very perplexed by people who have read John T. Reed's picky and vindictive attack on these books and come away calling it 'insiteful'. Reed's web site reads like the unibomber's manifesto. If you know nothing of Kiwosaki's books, Reed's books, Investing, or real estate you would still have to question Reed's comments on the style of writing and logic he chooses to use alone.
Rating: 
Summary: high on attitude, low on real advice
Review: There are two concepts in this book that are worth something. The first is the simple definition of financial independence: you must have income sources (not counting your job) equal to your expenses. (Actually, you need more, because the unexpected always happens.) The second concept is simply that if you're eager to get ahead, then what you learn on the job will be more important than what you earn. If you get these two things, you can toss the rest of the book. All the real information on all the pertinent subjects are covered in much more detail elsewhere; mostly what the rest of this book is pontificating re: his philosophies toward money, education, and what makes a loser vs. a winner. It's his attitude that he is selling. He offers an attractive combination of scorn, pompousness, hope, appeal to greed, and justification. The biggest problem I have with the book is that this guy himself has no recognition of what he has given up. He doesn't understand the concept of 'opportunity cost' at all. This book is really no more than a passionate argument that his values are right and other values are dumb. For instance, after he defines wealth as income > expenses, he says, "you can't be too rich". Then he describes how he quit a job he loved (flying) to master sales. IMO rich is good *only* insofar as it allows you to pursue your true goals and desires. This guy seems to me to have it reversed; his goals and desires serve his desire for wealth instead of vice versa. Ironically, he keeps saying, "I don't work for money, money works for me!" - have you ever been a salesperson? Is there any more servile job? Even a waitress doesn't have to coax the customer to buy something. It's all about what the other guy wants; it's all about being pleasing to other people, and serving them. Also, in another sense, it is entirely possible to be "too rich"; brazen selfishness of the sort this guy defends begets enemies, and history is littered with unapologetic greed causing chains of events that bring down wealth and power. One does not have to be a passionate believer in karma to be a little wary of anyone who thinks morals are for idiots and losers. (Like his real dad.) His "rich dad" is the man he wishes were his dad; an 8th grade dropout with (we are told)a reputation for selfishness and exploiting his workers. Reputation is apparently something you should be willing to live without in order to be rich. His employees hate him and, apparently, frequently curse him. This apparently amuses Rich Dad - one more sign of how powerful and cool he is? Rich Dad teaches the author that power means playing petty power trips, intimidating vendors & employees, making people wait in the waiting room, etc. Quite frankly, he neither sounds like someone I'd want to be, nor does he sound like a particularly well-adjusted person. Certainly not very *happy* (which is no doubt why he's so good at defending and justifying his questionable practices). Poor Dad, on the other hand, is the author's own real father. The author showers so much contempt on his unfortunate father that I started imagining this book was written to get a last word in against a dead father who steadfastly refused to 'see reason'. The reason I start thinking this is because the father, as described by the author, claimed he "loves teaching" (the author absolutely insists that this just means his father was too dumb to figure out he could have made more money elsewhere) and obviously values education. The author, on the other hand, sees value only in "financial literacy", and describes himself challenging teachers (as in, what has this got to do with earning money? - a question guaranteed to seriously wound any parent who values education). Personally, I think the author comes across as quite ignorant-sounding, especially when he's talking about politics and history and the like. (At some points so does his Rich Dad, IMO). I also think that when he openly pities the poor idiotic girl who envies him his bestseller status, & he tries to explain to her about how to learn to hype - spend a few years mastering sales and advertising etc., and she walks away - well, it seems pretty clear to me that *he* is the one who just doesn't 'get it'. In the end, you get what you chase, what you prioritize. Everyone does. This guy seems continually astounded that anyone could value anything other than cash, and that seems to be the underlying theme of the book. To get Rich, you have to make money your focus, your goal - you must put it first, you must dedicate yourself to learning the games and strategies of wealth, you must stop thinking like everyone else and learn how to think like rich people. If you want to think like a rich person, though, I wouldn't recommend this particular rich person; I'd recommend someone a little less sleazy. Like maybe the guys who run Franklin Covey - I understand they're rich as sin and can still talk about things like "integrity".
Rating: 
Summary: Very worth while reading, but . . . . .
Review: Like Kiyosaki, I retired financially in my mid-forties after making money by creating and running my own business while, in parallel, investing in real estate. Understanding money and how to make it is key to financial independence and Kiyosaki's advice is very valuable. However, hanging onto it once made is just as serious a business. Kiyosaki (and others) seem blind to the INEVITABLE massive depression looming just a few years down the line that is going to blindside so many and rob them of their money and assets. Read THE GREAT BUST AHEAD by Daniel Arnold too (still an Amazon strong seller for over a year it seems - a book's best recommendation), and marry this with Kiyosaki's advice. Together you will have a good closed end set of advice for both making (although there are now precious few years left to make it), and then not losing your net worth.
Rating:
Summary: To fully appreciate this book...........
Review: Pick up a copy of Rich Dad's Success Stories and find out just how powerful Rich Dad's advice really is. I am financially free thanks tot his advice. Bashers are prisoners to their pc's. No wonder they are so bitter and unsuccessful, they spend all their time in front of a pc bashing outstanding books like this one. Gotta feel sorry for these guys...almost.
Rating:
Summary: About that website..........
Review: I jsut went over there out of curiosity and couldn't help but notice that the meter at the bottom siad that I was the 50th visitor since 1999! WOW. Got a ton of traffic going there J.T.R eh?
Rating:
Summary: It certaintly does pay to research the author.........
Review: Just look at these five star reviews. Just go through any book store and notice that RDPD is still a best seller after 8 years! Just talk to anybody who has actually used RTK's advice. Ask them and see what they have OR...you can choose to go to some tabloid-like website by someone who no one has ever heard of and you can have what they have...nothing!
Rating:
Summary: It pays to do some research...
Review: Before you waste your money, see what the REAL real estate moguls have to say: http://www.johntreed.com/Kiyosaki.html I really hate seeing people getting wealthy talking about something they have little to no understanding of.
Rating:
Summary: A Little Redundant
Review: The author repeats himself too much. Overall the book has some good insights. Of course buying and reading this book will only make the author rich. It is a good starting point for those of us that have had bad financial training throughout our lives.
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