Rating: 
Summary: What is that dollar to you?
Review: I came across this book 2 days after I had sold my house, since I had realized it really was a liability in tough times, not an asset, and read it within 2 days after that again.Mr. Kiyosaki has some good, common-sense advice on how to manage your personal finances; he weighs opposing common points of view - personalized through his two dads - and talks about the consequences. Interesting reading all of it, not the least because we get his two dads as figures we can peg the viewpoints onto. If I should sum up his advice, it is that financial success has nothing to do with how much money you start with; rather, it's whether you have the right mindset. When you see a dollar, what do you see in your mind's eye? His suggested mindset for success is that of an investor, not stopping at "I can't" but rather asking "How can I?", looking at all money matters through the eyes of an investor. It makes sense: If you start a company, would that company buy a car and a fur coat first, or would it reinvest in itself until a very affordable piece of its cash flow sufficed for the car and the coat? He also has some very interesting viewpoints on learning which I agree with. The current school system was designed in Germany by Bismarck and his bureaucrats to make good ants - workers and soldiers - rather than being fit for people who want to make a living in our reasonably free society. It's no coincidence that the percentage of entrepreneurs actually go down with years of education rather than up. I say this with defiance, though, as I am a PhD who intend to go against the stream. On the downside, I think the book is poorly structured. As he himself says, he is a best-selling writer and not a best-writing one. There are repetitions, fragmentation, and I as a reader did not get a good feel of sectioning of knowledge. From someone appreciating intelligence and learning the way Kiyosaki does, I would have expected a better structured presentation.
Rating: 
Summary: Must read for the average American
Review: It's been drilled into our heads our entire lives... "Work hard, get a good paying job and retire at 65." I have often asked myself (and sometimes others) why I should have to work for 45 - 50 years, giving someone else the best years of my life? The answer is always the same... "How will you live/eat/pay for your kids college without a job?" Even asking such a question seems to call for ridicule. Sometimes I just get empty stares as if I'm outside reality. I watch these same people stuggling to pay their bills, "buying" new cars every 2 years, "owning" the latest and greatest gadgets and gizmos, putting vacations on their credit cards, making well over 6-figures; i.e. "enjoying life", all the while increasing their bad debt and enslaving themselves and their families. This book plus an open mind and action is a way out. It is not a "how-to" book, rather it is a basic philosophical examination of what money is, our attitudes towards it, why we entrap ourselves in bad debt, and how to use money and good debt to our advantage. As for the naysayers - I can only say this. I am the sole income provider in my family of 8 children (and my wife). I make under 50k per year (at my job), and I have made much less up until just a couple of years ago working in retail establishments. I have no college education and I live in a state where the cost of living is very high. I have made deals in this past six months where I have made at least $60k (liquid - cash), and the potential is there for much more. (God willing) I will be retired in 5 years, before the age of 40, largely due to following the principles outlined in this book. Liberty can be achieved by virtually anyone. I wish I had read this book in high school (I would have actually learned something there). I cannot recommend it enough. Thank you Mr. Kiyosaki.
Rating:
Summary: Giving A Different Perspective
Review: Before reading Rich Dad Poor Dad, my perspective on becoming successful and essentially being rich was just the opposite of what Robert Kiyosaki teaches in his book. The book gives simple and straightforward advice on how to rethink and view money and success. Kiyosaki tries to keep his ideas and perceptions about money understandable. I didn't think the book was boring at all; however, sometimes Kiyosaki became repetitive and digressed from the subject. Overall, I think I have gained a better and bigger sense of how to view money in the future. Like many of his other reviewers, I think this book is a must read, not necessarily for it's story, but for it's lessons on how to become a smarter thinker in money and business. Kiyosaki truly makes his readers think and re-evaluate their preconceptions about how to attain money. As Kiyosaki mentions, higher education doesn't always necessarily associate with more money. It is a person's ambition, passion, motivation, creativity, and insights that help him/her obtain wealth. Kiyosaki's example of his rich dad and poor dad proves this very point.
Rating: 
Summary: Could be more practical
Review: This is a book about financial knowledge. Kiyosaki tries to explain, in simple terms what he has learnt about accumulating wealth. The general thrust of the book is put your money into assets (anything that makes you money) and try to limit your liabilities (anything that drains money from your account). I like the book because it is concise, easy to read and easy to understand. In theory the ideas presented are very sound. However, the book falls over by failing to provide practical examples of how to apply the knowledge. Correction, the book does provide specific examples of what the author himself has done to accumulate wealth. Unfortunately, many of the examples rely on various loopholes in United States taxation law and being from Australia, the examples were not applicable to my situation. My main problem with the book is that it says "Put all your money into things that will make you money" and leaves it at that. It gives general examples such as shares and real estate but does not delve into something more specific that is broadly applicable to most readers. I do wholeheartedly agree with some of the basic principles in the book such as "A good education and a good job is no longer enough". For this my rating is elevated to three stars. Update - here's another interesting 'review' of the book:... Update 2 - I couldn't post the actual link so here are some examples of gross factual inaccuracies in this book Kiyosaki: A corporation can do so many things that an individual cannot. Like pay for expenses before it pays taxes. Truth: Both corporations and sole proprietors pay expenses before they pay taxes. Sole proprietors pay taxes only on the net income of their businesses, which means after expenses. Kiyosaki: Says friend did a tax-free exchange from a sole-proprietorship rental house to a mini-storage limited partnership. That is explicitly prohibited by Internal Revenue Code Section 1031(a)(2)(B,C,D). Errors like this cause me to marvel at the fact that Kiyosaki's co-author is a CPA. Kiyosaki: Simple math and common sense is [sic] all that is needed to do well financially. Truth: The world is full of non-wealthy people who can do simple math and have common sense. Many additional qualities are needed to succeed in business. After some further reflection I can only revise my rating to two stars.
Rating:
Summary: DON'T JUDGE A BOOK BY ITS COVER
Review: Robert T. Kiyosaki is a person who many may call the millionaire teacher. If you have read the book, Rich Dad Poor Dad you will understand why. Kiyosaki says "The main reason people struggle financially is because they spent years in school but learned nothing about money. The result is, people learn to work for money ... but never learn to have money work for them." The last sentence in this quote is what Kiyosaki heavily influences in the book illustrated above because he believes that this is the first step in becoming rich. I agree with Kiyosaki to a certain extent but education in my book is the first step in becoming rich because you have to be well educated in order to make such decisions. Kiyosaki does not promise the reader solutions to their financial tribulations; however he provides the reader with ideas that will help him or her succeed.
Rating: 
Summary: rich dad poor dad
Review: Rich Dad Poor Dad has its good points and bad points. Robert Kiyosaki has amazing insights pertaining to the world of money and if followed, you may become a wealthy man/woman. Although he has a chapter to guide how one might put these "philosophies" into action, there is not adequate information on how to REALLY get started. For the most part, these guide points of Mr. Kiyosaki's are for the people that already have a substancial amount of money. It would be very hard to practice these techniques when you are already in a "trap." Also, it seems like Mr. Kiyosaki is trying to tell the reader that life is about money and he implies that one is not successful without money. It seems as if the underlying message of this book is to "live for money" and I disagree.
Rating:
Summary: People who think like my mom should read it
Review: My mom believes in going to school, and getting a good job is the only way to live life, the complete opposite of what Robert T. Kiyosaki's point was. I also agree with him, but I just think that the book wasn't all that pleasnt to read. I mean it wasn't all that bad, but many things were repetitive. He doesn't fully explain in depth the points he is trying to convey. I still don't know the difference between an asset and a liability. Most of the things he was talking about wasn't really catching my eye, only becaue the subject of finances isn't all that interesting to me. But overall, I think that people who believe that in life, one needs to work for money, might change their views after reading Rich Dad Poor Dad.
Rating:
Summary: I give it two tumbs up!
Review: This book is really interesting. He masterfully describes the relationship between money and the poor and money and the rich. His thoughts about making money have inspired me to want to make money work for me and not me work for money. It has changed my views about money dramatically because I no longer feel that I need a set profession to earn millions, I can gain riches through investing and real estate.
Rating:
Summary: Secrets to Success
Review: I like what Kiyosaki writes about people who say, "I can't afford this." He writes that saying this leads to a closing of the mind. You stop thinking about your options for financing the item in question. He says you should say, "How can I afford this?" That will lead you to consider options you have for generating that level of wealth. I'd also toss in the question, "Do I want to afford this?" Many of the things you "can't afford" aren't really worth buying.
I strongly agree with Kiyosaki about the key to personal success. He writes, "In the real world outside of academics, something more than just good grades is required. I have heard it called 'guts,' 'chutzpah,' 'balls,' 'audacity,' bravado,' 'cunning,' 'daring,' 'tenacity,' and 'brilliance.' This factor, whatever it is labeled, ultimately decides one's future much more than school grades."
Success demands action Kiyosaki writes. That is very correct. I also like what Kiyosaki says about taking jobs to learn and not to earn. Do things which enhance your potential. For example, before starting a software company, it is best to work within a well-managed one to get an idea of how things best work. This in turn is the best book which I have read in a long time.
Rating:
Summary: Don't spend it all in one place
Review: Kiyosaki and Lechter taught me the difference between assets and liabilities (what he calls
the key to getting rich) through simple diagrams. One major factor that makes Rich Dad,
Poor Dad such an all around good book is that the authors not only teach how to be good
with money, but also how to be a good human being in the process. They include five
obstacles to overcome that also are slow development of the asset column. They are: fear,
cynicism, laziness, bad habits, and arrogance. The reader is told to learn from his or her
losses, and "remember the alamo!"Rich Dad, Poor Dad was not any old boring text book
telling me how to count my pennies, it was real life stuff that gave a me a foundation in
understanding how money works as a high school student, and how to avoid making bad
decisions in business for the future. It was understandable, an eye opener, and I could
relate to it through Kiyosaki's stories of growing up. This book is for anboy who wants to
avoid becoming just another rat in the rat race!
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