Rating:  Summary: "An interesting and compelling topic, but needs more meat!" Review: It's hard to write a review on this book after reading Donald W. Mitchells excellent critique. Robert T. Kiyosaki writes on a fantastic concept. I totally believe in lifelong learning, as well as being my own employer. Children NEED this concept implanted deeply in their minds at a young age. The rate of technological expansion is moving at an astronomical speed. Any and all education in a childs life is valuable. It is sad to see so many youth totally oblivious to the facts. Our school systems are definitely antiquicated. While I always seem to be compelled to read Mr. Kiyosakis books, I do find them very repetitive and parableistic, which may cause some readers to feel that they are his way of 'laughing all the way to the bank'. His constant semi-subliminal persuasion to buy his game, or attend his seminars is also highly annoying. It would be a lot more interesting if Mr. Kiyosaki would include more specifics, ie.; 'buy these, or invest in that', etc.. I do hope that readers of this review will look past the negatives that I've pointed out. These are simply my observations. The concepts in this book are outstanding, and I do highly recommend it, especially if you have children.
Rating:  Summary: Great Headstart! A real gift for your family! Review: I don't normally buy follow-up books because I find them to be quite repetitive, however, this one is a true exception."Rich Dad" made such an impact with me that I have shared it with many others over the past two years. That said, my wife and I have struggled with how to take what we've learned and pass it on to our children. This book is it! As we all struggle to ensure our children get the best education possible, we're facing an ironic trend in the school systems where teachers are teaching our children how to pass standardized tests instead of focusing on what children need to thrive in this new century (this is not a knock on that practice - if that's what it takes today, that's what it takes, but our children need more and it's our responsiblity as parents to provide the rest - we cannot rely on our school systems to be the sole educators of our children (sorry for the sermon)). This book was designed to fill in the gaps, to give your kids what they're missing from school - inspiring and practical financial knowledge. It's not about turning little Johnny into a power stock-broker, but rather awakening his love of learning so that doors will open for him - it's a way of empowering our children by giving them the skills they'll need to succeed in every aspect of their lives. I can't recommend a book more than I do this one! The best to you and yours!
Rating:  Summary: Parental Tips for Helping Children Learn Rich Dad, Poor Dad Review: Rich Dad's Rich Kid, Smart Kid may be the most helpful book ever for guiding adults on how to assist children and teenagers in learning about how to organize their lives to be more successful. I highly recommend this book to every parent, god parent, grandparent, aunt, uncle, and caring older sibling. I think this is the best of the Rich Dad, Poor Dad series, and clearly deserves more than five stars. Think of this book as the instructor's guide to teaching Rich Dad, Poor Dad combined with a basic guide to helping young people identify their strengths and learning styles. The book also provides a sound foundation for helping young people build their self-confidence in a healthy way. Unlike the other books in the series, this one draws on the positive lessons of both Mr. Kiyosaki's Rich Dad and his Poor Dad rather than just the Rich Dad. To overcome Mr. Kiyosaki's lack of experience as a parent (he has no children), the book relies on important academic and professional research to add context for Mr. Kiyosaki's observations about his own childhood. The book begins by citing a recent HEW study that showed that 56 out of 100 people who are 65 need either government or family financial assistance to make ends meet. The book is aimed at providing children with the learning experiences to allow them to avoid that dismal financial result. Then the perspective shifts to pointing out that the change from an industrial to an information economy has shifted the rules of success in our society. The old rules were to get a good education, get a good job, and have financial security from one employer. The new rules are quite different and feature being in an environment in which one will be a free agent, work in a virtual company, get paid for results, work in many professions, retire early, work only when you are interested in working, learn in seminars rather than classes, focus on your core talents, emphasize developing and implementing new ideas, self-direct your own investments for retirement, and work at home rather than in an office. To succeed, your child will need at least three basic strategies: one for lifelong learning, one for developing a career, and one for creating financial success. The book points out that most people will have to relearn the most important areas they work in about every 2-4 years, shift professions as they reach the age at which they become obsolete, and make their money work hard for them. In the second part of the book, you will learn many basic ways to help your child learn these lessons. He points out the work of Howard Gardner in emphasizing that each of us has different dimensions to the ways our intelligence expresses itself. Find out what your child's is, praise that, and provide your guiding experiences in terms of that way of learning. In almost all cases, children like to learn through play, playing in the ways they like to play and focusing on subjects that interest them. In Mr. Kiyosaki's case, he likes things to be kinesthetic ( touching things and experiencing emotions about them), and he wants to experience them as directly as possible. His Rich Dad appreciated this and put him into situations where his learning style would work. This was the basis of the famous job in the grocery store for ten cents an hour, where he then paid the ten cents an hour to have the privilege of learning. After a while he realized the opportunity to rent and sell the returned comic books for a profit. This allowed him to understand that money is about ideas. The book then builds up the game of Monopoly as a teaching tool. Through playing the game, Mr. Kiyosaki learned that he needed to buy real estate and develop it to generate an income from investments. His Rich Dad took him along to buy a house that he later rented so he could see what was involved. Then, Mr. Kiyosaki "got it" and was able to follow that lesson to become a millionaire real estate investor on his own. The appendix by Ms. Lechter has some very good scripts that you can use for taking your children through financial field trips to bring home the message. The book also offers lots of good advice for supporting your children while they may be having trouble in school. This includes a suggestion for a test they can take to determine their learning style (the Kolbe index). You are also encouraged to find a school that emphasizes the style of learning that your child uses. On the financial side, the key concepts of Cash Flow Quadrant are greatly simplified so that they can be applied for your child. The book has many exercises you can use to give your child experience in managing her or his money. One of my favorite stories is about a boy who wanted to buy some expensive golf clubs. Be sure to read that one. Help your child obtain the spiritual, mental, physical, and emotional experiences to prosper in the new world of opportunities!
Rating:  Summary: impressed Review: After reviewing this book, I came away impressed at the level of additional information and detail provided. Although the general themes and foundations on which this book was based seems to have come from Kiyosaki's Rich Dad, Poor Dad book, I would recommend this book as a continuation and not a regurgitation of Rich Dad, Poor Dad. That said, without sufficient background in accounting or finance, this book would be difficult to follow without first reading Rich Dad, Poor Dad, after which, this book should be much easier and better to digest.
Rating:  Summary: Good Salesman--Robert T. Kiyosaki Who Really Becomes Rich! Review: Very Practical. Robert T. Kiyosaka himself is a living example! Good salesman. He sells you a lot of "Rich Dad Books", and finally becomes rich. It will be marvellous if he could really disclose more background about himself and his Rich Dad, especially the real name of his Rich Dad. Then this book will be even more convincing and credible! Not just a well packaged, well presented get rich quick story.
Rating:  Summary: Simple Common Sense, Nicely Presented Review: Rich Dad's Rich Kid, Smart Kid: Giving Your Children a Financial Headstart is one of those books which present information that you should know, that you "do" know, but somehow do not always follow. There are simple yet effective strategies for teaching your children about money, long before they fall into the common financial traps in the world. The book is nicely organized, easy to read, yet provides a good amount of information and material that is comprehensible to all readers. The book is worth the time to read and to have your children read it.
Rating:  Summary: Rich Kid Smart Kid Review: I did find the book interesting, but I don't think that teens my age will find a lot of interest in it.
I gave it a 3 star because even though i didn't follow through the book, i felt that the author made a lot of good point for parents. I think the author really knows what he is talking about. I also gave it a 3 star because the way his teaches parents about teaching their kids about finace is through his own experience. So i gave it a 3 star because i found some interest in the book rather than none at all.
Rating:  Summary: Instant Replay Review: Thank goodness it wasn't in slow-motion! This is the fourth book of Mr. Kiyosaki's I have read. The ideas in all of these books could have fit in to one. So why read this one? I couldn't tell ya
Rating:  Summary: Great Book Review: This book was very insightful to parents all across the world. It teaches parents that in order to be successful in the financial world and the buisness world, you have to have a good education. (...)
Rating:  Summary: Rich Kid Smart Kid Review: I liked this book because it teaches the reader how to teach their children about money and how to use it. By giving the child such things as power of his/her money can help the child learn instead of giving an hour long lecture about saving. This book also advances on what was said in the first one "Rich Dad Poor Dad" by puting the reader in the teachers seat instead of the students. So in the long run both the partent and the child is learning from this book. And that is why I gave it five stars.
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