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Summary: rich dad poor dad
Review: Although the two fathers were different in many ways they also had something in common. They both believed in education. They both were influential, helping and loving of their son. They both gave Robert advice about education and knowledge but they both gave different advice on it. They both had different values of money one, didn't give it much care and the other thought of it as very important. While growing up Robert though about the both ways and combined the ways of the two father. I agree with the fact that you can't rely on schools to teach you everything about money and economy. But I also think, in most cases, having an education only until the eight grades will not make you very successful. Because if you don't have any ideas about life, you need some education in a higher level, more than high school, to be able to run a successful business.
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Summary: Thank you Robert for a great book!
Review: I have read many financial books over the years, butu Rich Dad Poor Dad is without a doubt the finest, most results oriented book I have ever read. Thank you Robert.
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Summary: Still a best seller...and going strong!
Review: Rich Dad Poor Dad is to this generation what Think and Grow Rich was to the depression area. A powerful, results oriented book that really delivers on it's promises.Like Think & Grow Rich, Rich Dad Poor Dad will tell you some things that you don't want to hear...but need to hear. Kiyosaki shares the wisdom from his real Rich Dad for the rest of us to benefit from. You will learn the right philosophy to achieve wealth. BASED ON WHAT IS GOING ON IN THE WORLD (AND IN AMERICA), we desperately need a mental enema. Rich Dad Poor Dad provides
that enema. I highly recommend Rich Dad Poor Dad along with CASH FLOW QUADRANT, RICH DAD'S GUIDE TO INVESTING, RETIRE YOUNG RETIRE RICH and RICH DAD'S PROPHECY. These books will take you to where you want to go financially. Great book Mr. K. Thank you for sharing. You are the best!
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Summary: good book
Review: I liked the book a lot. I thought that it would be boring because it had to do with money and economics, and the fact that I had to read it for a class made it less appealing. However, I found it a very fast read, and made money and economics, assets, liabilities, and all of that stuff sound very simple. I liked that Kiyosaki did not just talk about his theories on how to get and stay rich, but he did it in a way that was interesting to read. It was an actual story that you were following, and it wasn't until later that you realized you actually learned something. So overall, I liked "Rich Dad, Poor Dad," and recommend it for people that are looiking to be financially stable. I also think that people such as teenagers (like myself), should also read it so that they can get a start on their financial future, as Kiyosaki did.
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Summary: The Start Of Something Great
Review: While Robert wrote a book previous to Rich Dad, Poor Dad; this is the one that most people have seen or heard about. It was the start of the purple, black and gold books seen at numerous bookstores around the world. I had a friend in Japan get very excited because she played CASHFLOW 101 and finally GOT IT. This book was an epiphany to me. I was at work one day and this guy came in and he said I should read this book. So I put it off for a month and then got around to borrowing a coopy. As soon as I had finished, I understood whyI was getting nowhere with my finances. Now, I know many people say this book is not coherant and does not make any sense, but to me and many of my friends it did and still does. It started me down a path toward financial independence. Although I have reached it yet, the way is clear and I can see my destination. Mahalo Robert. And Aloha!
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Summary: Very helpful philosophy for more money, if you can handle it
Review: Rich Dad, Poor Dad, Robert T. Kiyosaki,
Warner Books, 1997, 1998 Robert T. Kiyosaki: Born in Hawaii in 1954, Attended college in New York, also wrote Cashflow Quadrant: Rich Dad's Guide to Financial Freedom, Rich Dad's Guide to Investing: What the Rich Invest in, That the Poor and the Middle Class Do Not!, Rich Dad's Prophecy: Why the Biggest Stock Market Crash in History Is Still Coming... and How You Can Prepare Yourself and Profit from It!, Rich Dad's Guide to Becoming Rich...Without Cutting Up Your Credit Cards, and Rich Dad's Retire Young, Retire Rich, served in Vietnam as an officer and gunship pilot. Thesis: Mr. Kiyosaki is basically trying to stress "outside-the-box" thinking in terms of personal finance and business. He emphasizes that fear and greed are the culprits in ruining the potential for one to become rich. In order to successfully "make money work for you" instead of vice versa, you must think beyond the concepts of being paid for your work and follow your dreams to make a plan to manipulate a small amount of money into a large amount. Summary: This book is split into 6 lessons which touch on different aspects of focusing your plans to manipulate your money flow. One states that the "rich don't work for money." This concept speaks of the difference between assets and liabilities. Kiyosaki says that the rich use assets because they build money instead of drain it like liabilities do. The poor and middle class have liabilities. Another is proper education in financial literacy. You must understand the workings of business and money in order to properly manage and control it. Kiyosaki also emphasizes the focus on your own management skills and cash flow to discipline yourself in spending money. He recommends an understanding of taxes and the success of corporations (through marketing, cash management, etc.), as well. He also stresses the importance of working to learn, not for money. By learning from the ones you work with, you can expand your knowledge on the workings of money and adjust your method for income accordingly. Analysis: I feel that Kiyosaki did a very good job in supporting his thesis. He offers many ways to rearrange your way of thinking in terms of making money. It could be called an "enlightening read," as it raises you to another point of view that is much more clear and easy to control than the "ordinary" way people make money. As for the message of the book, I agreed with Kiyosaki in his emphasis on elevating yourself out of the mindset of a worker into a position of much more control over your income. However, it must be taken with a grain of salt, as his philosophies may be a little too much for a common working person to suddenly change to in the event that they want more of an income. It may take too much self-discipline for some. Reviews: "Robert Kiyosaki's refreshing writing style, down-to-earth examples, and simple illustrations provide a fascinating and informative alternative to the cookie-cutter books for financial planning that typically line the shelves of bookstores." - http://www.richdadpoordadreview.com/ "Rich Dad, Poor Dad is a starting point for anyone looking to gain control of their financial future." - USA Today "The book that 'rocked' the financial world. J.P. Morgan declares 'Rich Dad Poor Dad a must-read for Millionaires'." - The Wall Street Journal
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Summary: if your not financially smart read this book
Review: i am in high school and i have not learned that much about money from school but this book has helped me be more financially smart. the diagrams that he showed helped me understand more and his explanations helped me out. he talked about having assets if you want to become rich, i did not know what he ment but in his book he explained it. this book has changed my views on money and has really helped me.
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Summary: A Book to Teach the Rich
Review: This book does a great job teaching the rich and upper middle class people how to make more money. One thing that I think it's missing is how the poor are supposed to climb out of the slums and become rich. The book gives the differences between the rich and the upper middle classes, but not the poor. Poor people, I mean poverty stricken, do not own homes, do not have time to go to college, and for sure do not have time to become more financially intelligent. Becoming rich is a lot easier said then done. The author tells the reader ways to become rich, but of course these ways are a lot easier said then done. It seems as if the author thinks that he can solve everyone's financial situation through this book. I am here to tell you that he for sure cannot and for sure does not. You have to be an extremely lucky person to be able to make a business from scratch, or extremely talented. Personally that is way to hard and way to risky for normal people to do, while supporting a family and paying the bills at the same time. Sure if you have extra money in the bank and want to become richer you should take some risks and invest, or spend some extra time building a business, or buy some real estate. But for the rest of us normal people that is probably not going to happen. The author also makes people that have questions sound idiotic. He repeats himself about how he has to continually answer the same questions. Some of the questions asked to him are: How do u get rich? Or, How do you start off? I still don't think this book has answered these questions fully. On top of this the book is also very repetitive, explaining simple things over and over.
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Summary: Rich in inspiration, poor in guidance!
Review: This book could be dangerous to people who are easily inspired and have more determination than ability. The author could actually pump up some people too much and cause them to do something foolish with their money.
To motivate the reader to go out there and make money the author tells about how he did it. His money-making deals are incredibly successful and apparently accomplished with relative ease. Readers who lack experience may get the wrong impression that great profits are easy to grasp only if you stop being lazy.
On page 190 the author relates a short story about a neighbor who bought a condo for $100,000 and the author bought an identical condo for $50,000. This is fantastic, all in nice round numbers, and he got an apparent bargain for exactly 50% less. This is the way to get rich. Most people would love to make a buy like this. (This is assuming the neighbor did not pay two times too much and real market value of the condo is only $50,000.) But the author does not provide us with any details on how he managed to pull off this great deal. What were his negotiating techniques? What was the real estate market like? What was the location? Was the seller desperate, ignorant or stupid? I have purchased eight condos myself and never managed to get a deal like that. I know dozens of people who have bought condos and none are in that league. We would all like to learn how to be like Mr. Kiyosaki but he does not give us any lessons learned on the details that really count. On page 177 there is another example of a condo he bought for $50,000. (I wonder why I can't ever buy a condo for such a nice round number?) Wow! Cynical/skeptical people may suspect some of his stories are partly or completely fictional! But again, we are not told where, when and how he did it in detail that would be instructive. Was it easy or difficult to do? Could the average middle-class person do it? Can the average middle-class person start thinking big and acting like the founder of McDonald's (or Bill Gates) as he urges us to do?
On page 81 the author states, "The middle class buys liabilities they think are assets." Is that not an insult to the greatest middle-class in the greatest country in the world? -- unless he has solidly researched data to support such a sweeping allegation. If the intended audience of this book is the middle-class, and they are as ignorant as Mr. Kiyosaki thinks they are, I don't think this book will help get them from here to there. The book has a lot of inspiration but is lacking essential, detailed "how-to" steps. There is no detailed discussion on how to avoid the dangerous pitfalls along the way. His answer is too simple: you just do it successfully like Mr. Kiyosaki and just learn to manage the risk. There should have been more instruction/discussion on how to manage the great risk involved.
I only recommend this book for those people who can take it with a grain of salt. I subtract one star for the lack of detailed guidance and another star for the insult delivered to the entire American middle-class.
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Summary: THE MONEY SYSTEM
Review: In my opinion this book is a perfect example to get knowledge about the money system in this society . i really recomend this book to all the people who want to learn how is the money system in this society today and back in the days .
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