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Summary: Rich Dad, Poor Dad
Review: Although Rich Dad, Poor Dad by Robert Kiyosaki was extremely repetative, he conveyed very useful information regarding ways in which your money can actually work for you. This book passes on the knowledge that cannot be attained from a school education and can make the difference between living a middle class life or a lavish one. It is a good step in the right direction to gain motivation and useful tactics for securing a stable future and becoming wealthy. This book can be helpful for those without any previous knowledge in the business field
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Summary: Kiyosaki likes to talkie!
Review: Although Kiyosaki had some very key points on how to manage your money, he came off as repeatitive when trying to unnecessarily reiterate some of his focuses. This book could have been written in 40 pages, but instead Kiyosaki decided to stretch it out for the sake of quantity rather than for a condensed interesting content. After reading the six lessons, the reader could put down the book and have gained almost as much information as someone who kept on reading. This would have been a much better read if Kiyosaki had stopped while he was ahead instead of adding more chapters.
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Summary: This Is A Reader
Review: I enjoyed reading Rich Dad Poor Dad even though it was a bit repetitive because it allowed me to draw my own conculsions about how to go about making money. This book was not a step by step analysis on how to get rich but rather gave insight on how to go about it. One of the points in the book is that you should learn as much as possible about business or the area you want to invest in, so reading this will give you a heads up. I would recommend this book for people between the ages of 20 to 40 because the processes Kiyosaki writes about take a few years to get your investment going. Kiyosaki gives good advice and gets different situations to make his points clear, which at times can get tedious. But overall I liked this book because I gained more knowledge of the business world.
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Summary: Great lessons; Slow read
Review: The amount of good, applicable information in this book makes it worth the read. The way in which Kiyosaki presents the information also allows one to interperate it in a way that makes it aplicable to their life. The book also provides a way of thinking about money and about life that will prove very usefull for my life. I have already implimented several of Kiyosaki's lessons and have been very pleased with the results. I do recomend this book but only for those of you who can stand a slow read. The usefull information is covered and diluted by lots of pointless, useless droneing.
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Summary: What's all the fuss about this book?
Review: This book might have been useful a few years ago when we were still in the midst of a real estate and stock market bubble, but sort of dated today after the bubble has clearly burst. The author boasts of investing in small speculative stocks, the types of investments that have cost American investors trillions of dollars in capital losses from the recent stock market secular bear market we find ourselves in.Following this type of investment advice in the current economic environment might take you out of the middle class and on to the welfare line. Maybe pick it up again in 10 years when it will be safe again to invest in securities and probably deflated real estate environment. The most interesting tidbit from the book is the authors point of view that buying an expensive home that's beyond ones means is a liability rather than an asset.
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Summary: SHIFTING PARADIGMS
Review: Robert's book clarifies what I have thought for a long time, it is the parents responsibility to teach their children practical financial lessons, whether opening their first savings account to using credit, etc. We can do a lot to help our children avoid financial hardships in the future, not doing so is an injustice not notice till the child has become an adult and don't live up to our and their expections. Teach them about the stock market, real estate, how to identify opportunities, and minimize risks so they can be successful in the real world. Get involved with the schools so they can do their best for the kids: setting standards, sharpening minds, and providing wonderful memories of classroom and athletic accomplishments. If you don't know much about investing in stocks, real estate, etc., then get started now, it is even better when learned as a family. If you never get any other book for self-improvement, this should be the one you add to your library. Guess what my friends and family members are getting this Christmas? Lastly, before picking up this book open your mind to new ways of thinking while reflecting on your past experiences and memories. Holding judgement until you have finished, I have not been able to put this book down since I opened the cover. Be open to new ways of thinking about assets and liabilities; his lesson on home ownership as a liabilities flies right in the face of what we have been taught or observed in our childhood. How you react (I know I thought he lost it at first until I continued reading) is a great measure of whether you can shift your long standing paradigms, use it to try and identify your assets and liabilities. Enjoy!!!!
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Summary: Adequate book for beginners
Review: Kiyosaki provides some helpful information in this book. However, he could have summarized the information much more concisely. He spends a considerable amount of time focusing on a few key instructions: acquire assets and not liabilites, make money work for you, don't get caught up in the "rat race," don't waste your time on traditional education, and become financially literate. He does not go in depth with any of these ideas; if you're looking for a how-to book, this one is not for you. Additionally, he supports his ideas about financial success with only moderately interesting and not at all engaging stories from his childhood.
Kiyosaki repeats a few select, vague ideas over and over again. For that reason, I cannot recommend the book. It's only redeeming quality is that it does teach something about economics. If you're looking for a general, base-line instruction on how to be rich, this book would be worthwhile.
Rating:
Summary: Rich Dad Poor Dad
Review: I would never expect myself reading a book that talks about money,and business situations. I thought it was going to be hard to understand those books. I actually understood what Mr. Kiyosaki wath he was trying to said. I would recommend this book if you want to learn about being rich. This book made me stronger, and made me think of the real world.
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Summary: Reaching Economic Success
Review: I think this book is a good way to establish the beginning skills necessary to reach for economic success. Robert T. Kiyosaki, in this book states that the basic skill necessary to be economically successful in life and to get out of what he calls the "rat race" is to become financially literate; to understand the difference between an asset and a liability and to understand cashflow. He refers to liabilities as things that take money out of your pocket and refers to assets as anything that puts money in your pocket. With these two concepts he builds the basic foundation for the reader to understand how the rich get rich and the poor remain poor. The rich, Kiyosaki states that save their money in assets and increase these assets by reducing their liabilities. He shows the reader how to make money work for them instead of working for money, and get out of the "rat race". The one downside of this book is that he becomes repetitive, but its only to make the reader understand the importance of his words.
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Summary: Two interesting dads
Review: Rich Dad Poor Dad was a very interesting book. It taught about how to make a business successful and how to make money work for you. I particulalry liked when lessons were taught to the two main characters. You can really understand it on how kids think money is made they think it is very simple but yet they learn by reading this book. It showed me a different perspective on how money is really made. It's hard work if you want it to be hard.
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