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Rich Dad, Poor Dad Abridged

Rich Dad, Poor Dad Abridged

List Price: $24.98
Your Price: $16.49
Product Info Reviews

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Rating: 5 stars
Summary: Get off being offended by the truth...he is right.
Review: I have been a CPA and an investor for some time and it always amazes me how people can be offended by, in this case, an author, explaining the simple concept of financial literacy. The book was written for people who want to understand why they are killing themselves in a system where they have not been taught the correct economic rules of the game. It also proves his point relating to how many individuals have been conditioned into believing that traditional ways of investing are safe. Mutual funds, 401K's and the like are some of the riskiest investments around. Have you ever wondered why banks will not lend you money to buy Mutual Funds? Kiyosaki's simple, yet effective message should be taught from the 4th grade forward. In a world where the state confiscates close to 50% of your income before you see it and the value of money is based on paper and consumer confidence, educating our kids about finacial literacy should be top priority. Being jealous of Mr. Kiyosaki for selling millions of books only shows one's small mindedness.

Rating: 4 stars
Summary: Sound Financial Advice
Review: This is an very good book for the financially illiterate (that's me before reading this book)! It teaches about ways to make your money work for you. It is a useful book with lots of practical advice that make a lot of sense and is also a very enjoyable book to read. In a way this book worked for me, it gave me insights about my attitudes towards money and my patterns of spending which were not working for me! And although I did not become a millionaire (yet!), I handle my finances in a much better way. If you don't know ways to save and invest your money, or you're afraid to start, this book will be very helpful.

Rating: 1 stars
Summary: Reads like an infomercial.
Review: While the author of this book is obviously very well informed and experienced, I had a very hard time finishing the book. I feel that it reads like an infomercial for his board game, and is very self-praising. There are many very good lessons to learn, and I appreciate his effort to teach them in an easy manner. Rather than purchasing this book, I strongly recommend that you buy "The Millionaire Next Door", I found that one more pleasurable a read, without the hints to purchase other products peppered through it.

Rating: 2 stars
Summary: Lots of motivation, almost no practical advice
Review: Take a look at the wide range of reviews here.. lots of fives, and lots of ones. The fives are high on the motivation from the book. The ones were looking for practical advice, and found none. This book WILL motivate you to improve your financial situation, but it will probably leave you wondering where to start. You should really only buy one of the books in his series if you are really interested. It doesn't matter which, because they all keep repeating the same things over and over. He will probably be pumping out books full of filler information until he dies.
You will also notice at the beginning of all of his books "Although based on a true story, certain events in the book have been fictionalized for educational content and impact." So, in other words, he makes up nonsense stories to try to sell you his ideas.

Rating: 3 stars
Summary: My Dad says don't waste your time
Review: Mr. Kiyoski's book has been a staple of the bestseller lists for a long time now. This is what prompted me to read his book, thinking something must be good.

I am not sure of Mr. Kiyoski's premise is real or not, but his "dad" is a man who is the father of one of his friends who is wealthy. "Dad" spends all of his time giving his son and Mr. Kiyoski important financial lessons.

The lessons in this book are so simple, it is almost amazing that this book was published. Many of the lessons are similar to "in order to be wealthy, you have to save more money than you spend."

Conversely, Kiyoski does a good job of breaking down the fundamental principles of Finance for those who are not familiar with the subject. In this sense, it is a good start, but I would not read this book expecting any earth shattering financial revelations.

I really wish that my dad would have told me that I could turn one book into a series, workbooks, informercials, and seminars. Congratulations to Mr. Kiyoski for being successful for repackaging the same financial information that we have heard for years.

Rating: 5 stars
Summary: Perhaps the best book on the subject of money I've read.
Review: This is the book, the book that really got me started on the subject of money, investing, the philosophy of business and business ethics, the book that got me off the couch and started me on investing in my education, investing in businesses started by friends, in thinking realistically about what it takes to start a business, in recognising that my business ideas were valid, that I have what it takes, and that I should do it for my own sake. In short, this book changed my life.

I've bought over 10 copies of this book and given them to my friends and family. I've encouraged dozens more to go out and buy their own copies. I donated two copies for the library of my old fraternity house. I love this book, and I think it is one of the most insipiring things I've ever read. What's more, he's just plain RIGHT. You owe it to yourself to read this book. If you read it with an open mind and really think about what he's saying, you just might find that it changes your life, too. Don't wait.

Rating: 3 stars
Summary: How Can I Get Rich Through a Book?
Review: By writing them. I have read three of the Author's financial self help books and really have not been impressed by any of them. Yes, he talks a lot about the ways he has made money and even gives some decent examples of how other people might make money, but I doubt that he has found any sure fire method to become rich. I would take his work much more seriously if he published his books with copies of his tax returns and investment returns as proof of his methods. I would venture a guess that his largest source of income/wealth may be from his best-selling books.

Rating: 1 stars
Summary: The guy's a swine. But he's better than me cause he's RICH.
Review: There is some common-sense stuff in here about investing, that's discussed more thoroughly (and more compassionately) in other finance books like Suze Ormon's work. (Unlike Kiyosaki, Ormon's motto is "People first, then money.") Otherwise, this book is a catalog of everything wrong with unfettered capitalism -- the author's contempt for his real father (for the crime of not being wealthy) and his unqualified admiration for his union-hating, employee-stiffing, tax-evading "rich dad" drips off the page at every opportunity. It's scary to read this book and feel RELIEVED that you don't have what it takes to become a millionaire the way this guy did. The casual way he discusses how to exploit other people's personal tragedies to get bargain-rate real estate is chilling. (I'm surprised Kiyosaki didn't list a conscience and compassion in his Liabilities list.)

Someone a lot wiser than Kiyosaki once asked what a man gained if he acquired the whole world but lost his soul in the process. This book is a How-To for both those objectives.

Rating: 3 stars
Summary: Very interesting and stimulating, but NOT an investment manu
Review: I was very stimulated by this book because it put money in a different perspective. It illuminated some of the feelings that I already have and know deep inside about how the world economy works and can work to your advantage.
It is not incredibly practical, however, and its examples aren't ones to follow as much as they are meant to inspire people to the possibility of creating passive income...
Basically, this book is not an academic or scholarly text by any means, and don't expect it's points to be filled with empirical research statistics. On the other hand, however, I believe that there are some points in the book that we all would be better off to learn or remember, especially those who desire to rise above the current struggle for financial survival.
Kiyosaki is blunt, money-focused and often seems to ignore the negative repercussions that some financial endeavors have on other people (read "Fast Food Nation" to hear about the unethical practices of Ray Kroc's Mcdonald's, whom Kiyosaki lauds), but if one can combine business ethics with some of the inspiring ideas in "Rich Dad, Poor Dad" then I believe that person will walk away a happier and more successful person.

Rating: 2 stars
Summary: 20% meat, 80% fat
Review: Some important concepts are covered. However, the use of the rich dad as an irrelevant and clumsy plot device adds nothing more than relentless and annoying filler. The meat of this book has value, but could have been distilled into a 20 page introductory essay, (no depth is ever achieved). I happen to believe that the author is correct in his beliefs, so if you like your business and economics theory converted into 3rd grade light reading at the expense of 130 extra pages of trivial soap opera fluff, go for it!


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