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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: Excellent Book & why others hate it.
Review: This book is excellent and a very easy read. The others that rate this book average to poor do so because there are no checklist or details to follow. They expect a roadmap to wealth (holy grail) to be included. I am a full-time investor & I'm proof that the ideas contained within this book work! The concepts are practical & simple.

A lot of people that hate this book are caught in the 'rat race', in debt and they don't see any way out. Those rats hate to know that some people have a better plan to achieve passive income without having to climb the corporate ladder.

If you truly want a way out, buy this book.

Rating: 1 stars
Summary: bad advice, untruthful, inexperienced
Review: John T. Reed has published an excellent review of this book, more worth reading than the book itself. He comments,
Rich Dad, Poor Dad contains much wrong advice, much bad advice, some dangerous advice, and virtually no good advice.

What Kiyosaki is really doing is operating a cult of personality. Anna Quindlen had an excellent article about such cults in the 8/14/00 Newsweek. She was talking about politicians and says they seek to elicit the words, "I don't know why. I just like the guy." Politicians want to be judged by their personalites, not their character or policies. To members of Kiyosaki's cult, it matters not how many false or probably-false statements I find in Kiyosaki's writings. They just like the guy. Personality is an appropriate criterion for selecting someone to hang around with. But it is a highly inappropriate criterion for evaluating Kiyosaki's advice, because he's not going to let you hang around with him and your family's finances are serious business.

Rating: 3 stars
Summary: cynical and sad
Review: Some of the ideas in this book are potentially transformative -- particularly the notion that increasing income through employment is not the best way to get wealthy, or even to get ahead.

Ironically, this book shares a troublesome premise with its polar opposite, "Your Money or Your Life." "Rich Dad" promotes freedom through wealth. "Your Money" promotes freedom through frugality. Both disparage WORK as a vehicle for involvement with the human community.

I'd venture a guess that most of us aren't desperate to be freed from working entirely. I know that what I would prefer is meaningful, socially useful work (with reasonable hours and work load) and fair reward for the value I create for others/society/humanity.

It seems very cynical and sad to conclude that working per se is so inherently degrading that people should seek to avoid it, either by "getting rich and letting other stupid schmoes work" or by shrinking from engagement with the human economy (as opposed to The Economy.)

Rating: 3 stars
Summary: Middle of the road
Review: This book is very basic I would recommend it as a first book for a child who is just starting to think about things like this or for someone who has no notion of how to make their money work for them. It did get me thinking and I did not think the repetition was a problem because I thought he was just trying to hammer the basic principles into our minds. While we may know not to spend and to save our money how many of us have never made an impulse buy that you really could have done without? It is true that it doesn't tell you how but it points you in the direction of other things to read to fill in your understanding.

Rating: 1 stars
Summary: Save your money...
Review: The fact that this book currently rates 4 stars is stunning. It is highly overated, and I'm glad to see that some recent reviewers have correctly stated the case. It's entire premise could be stated in a few paragraphs... accumulate assets and limit your liabilities. But it gives few specific ideas about how to do that. It's just one big, long pep-talk that goes on and on and on... Start accumulating assets right now by not paying for this book.

Rating: 1 stars
Summary: Buyer Beware!
Review: If you are seriously considering buying this book, take a few minutes to consider carefully why you are about to do so. If you are looking for financial advice, I suggest you look elsewhere. Not only did I find Kiyosaki's book vague and repetitive, but I also seriously questioned some of the advice he gives. At one point in the book (that is if he is telling the truth), Kiyosaki admits to insider trading. If you know anything about the stock market, you know that this is TOTALLY ILLEGAL! After seeing this, I decided to llok up some information about Kiyosaki online. The results were not good. ... Good luck in your financial future. I hope you can find a better book to guide you.

Rating: 3 stars
Summary: Good Information Bad Format
Review: Yikes... How many times can you say "My rich dad...." My poor dad...." If you can get around all that, it's not a bad book. Good information in the later chapters, but I didn't care for the delivery.

Rating: 4 stars
Summary: not the most detail book but it worth reading it
Review: I have more sophisticaded books of acounting, taxes and financial management since I'm a financial manager. I found Rich dad poor dad to be a good book, It doesn't have formulas but it does have true ideas, financial formulas are not the clue to get rich. this book worths reading it, it has ideas you don't learn at college, ideas rich don't want to give away so easily.

Rating: 5 stars
Summary: The possibility of wealth.
Review: This book is a primer in basic personal finance and in moving from making a living to becoming wealthy. Instead of working for money, Kiyosaki states adamantly, your money should be working for you. The book is filled with examples, anecdotes, and simple diagrams to illustrate each of Kiyosaki's lessons on being wealthy. Most of the examples revolve around the contrast in financial approaches between Rich Dad (Kiyosaki's childhood friend's father) and Poor Dad (Kiyosaki's own father.)

Among the many valuable ideas in this book, I particularly appreciated Kiyosaki's emphasis on the need to include "financial literacy" in our basic educational system. I was also struck by the author's repeatedly stressing the need to be open to new ideas and taking risks rather than just playing it safe. "Listening is more important than talking," he writes. I agree, and I have also found "WORKING ON YOURSELF DOESN'T WORK" by Ariel and Shya Kane to be an excellent resource to discovering great wealth in every sense of the word. I am grateful to these authors for showing people what is possible and encouraging them to go for it.

Rating: 5 stars
Summary: Beyond the investments hints
Review: This book is an outstanding and remarkable hit. The style is simple so every kind of reader could understand. The theme is treated with professionalism and a flavour of common sense dominate it. More than investments hints the book try to lead you to overcome work frustrations, finantial crisis and the efects of those problems. The author take the reader and place him into a new context, a one of deal with life. How to invest is not the main point. The strongest point is to develop the power to think about how money can work for people.

If you are looking for a book that overcome the traditional style. If you need some kind of advice about how to change your personal finantials problems, learning how to use the common sense. If you want to lear how to think in a powerful way and make things work for you...this is the book. Try it!


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