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Rich Dad, Poor Dad: What the Rich Teach Their Kids About Money--That the Poor and Middle Class Do Not!

Rich Dad, Poor Dad: What the Rich Teach Their Kids About Money--That the Poor and Middle Class Do Not!

List Price: $16.95
Your Price: $11.53
Product Info Reviews

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Rating: 4 stars
Summary: Driving the basics...
Review: This is an excellent book concentrating on some of the basic principles underlying successful personal financial management. Using a flowing story-telling style, the author illustrates the concepts in a context easy to understand and relate to. Yes, here and there he takes a while to make his point, but once made, the priciples illustrated presents a waterproof way of thinking that is sure to be of enourmous financial benefit to all readers of this book.

Rating: 5 stars
Summary: Rich Dad, Poor Dad :
Review: My Husband loves this book. He's a Financial Advisor who also buys real estate. The people who give this book low reviews are missing the point. The point here is that you don't have to be a member of MENSA to become wealthy. By using his simple strategy, you can become wealthy over time. About the repetition, sometimes you just have to pound a good idea into a thick skull. P.S. All the Advisors in my husband's office read his copy and they also give it two thumbs up.

Rating: 3 stars
Summary: If you want your kids to have other options - read the book.
Review: I took this book at face value. That is, I thought it was a primer on how to change your thinking on the subject of investing and the historically (as the author feels) incorrect way most parents push their kids through college to get a degree. After reading it, I felt that it was lacking concrete methods of obtaining real wealth. His example of real estate investment seemed to be too good to be true.

All in all, I did rethink the rote speech I was spouting off to my kids and offered them other options for their future. Which as he stresses over and over is heavily shaped by parents.

I think it's especially meaningful for people that have been told that they must follow a certain formula in order to be "successful". School + degree = success, is not the case anymore.

Rating: 5 stars
Summary: A must read!
Review: This book will change the way you think about money...for the better! Granted, it should have been proofread once more before print, but don't let that distract you from the content. He has great ideas. It's a great starting point and definately worth the purchase. Especially at the 40% off Amazon is currently offering.

Rating: 5 stars
Summary: Different ways to views assets and liabilities
Review: This book, although long-winded and at times rambling, challenges you to look at everything you have learned about finance and accounting in a different way. Assets are sometimes liabilities in this book. It is a very interesting approach to building wealth. Eventhough it may not seem so at first, it is actually makes a lot of sense.

If you can handle the writing style (which I had problems with in the first half of the book) and stick with it, it is a great book to get you started on the road to building real wealth.

Rating: 5 stars
Summary: Excellent Financial concepts
Review: I thought the book was excellent in content. The author does tend to repeat concepts throughout the book. But from the standpoint of an educator, one of the most important points to remember in teaching is to repeat , repeat, repeat! So, bravo for that! He did say that he was on a mission to teach/educate: even going so far as to develop games for young and old to be able to grasp such difficult concepts. So, I for one commend him for his efforts!

Rating: 5 stars
Summary: Good Book, prompted to wake up and form my own company
Review: I am 26 yrs old, happy and successful marriage, frugal, invest 25% of our household income in tax deferred accounts, going to business school for an MBA, on to a fast track with a major corp...I thought I was on the right track to financial freedom...until I bought this book and read about Poor Dad. YOU HAVE TO READ THIS BOOK. I agree with some of the reviews that the book is sometimes repetitive but that is only a minor price to pay compared to the key learnings you get. I enjoyed the part about Texans and the fact that the guy liked the movie Jerry Maguire (at least I know the guy is down to earth). I have had this business idea for a couple years now and reading this book gave me the spark I needed to finally get it started. This is an awesome book and highly recommend it. You bet that it will make my christmas gift list to some of my most deared friends! Along with this book I would recommend to people my age: The Millionare Next Door and The Richest Man in Babylon...I am sure Rich Dad read those too.

Rating: 5 stars
Summary: Millionaires aren't smarter,they just know the money secret
Review: For a long time there has been a need for a book on wealth habits, things you would learn on dad's knee. This book is a big step in that direction. People do not realize how they are affected by the constant drumbeat of you-can't-do-it negativity from economics departments to government pronouncements to in-laws cautions to the comic strips. And this book names the issue and identifies some key behaviors. The idea: people who can prosper simply have a different and more effective practical philosophy, that to those from a negative background (most people) may seem like pat rationalizing or obvious platitudes, or class snobbery,or polyanna goody-goody talk, but are really about ways of bringing things you know to fruition.

It is not skills but realizing that there are certain inter-generational atmospheres and habits that play the main role, and sorry, lie as they will, Universities and Government programs can't teach them. Why should they--if you have them, you certainly don't need what they have to offer. The strangest thing about our money economy is they teach no classes in public schools on how to get rich.

But you'll get a good start here in this book. I also suggest reading this with your significant other: there are a lot of conflicts that come from differing wealth psychologies, and this can be very helpful in getting things in the open for many people.

One point: the ideas here cross-apply to all fields in which you are trying to create something. You may not be particularly interested in making a lot of money, but there is a lot here that an artist or professional can learn from. And if you wish to explore further, his reading list is very useful.

Rating: 4 stars
Summary: A financial eye-opener!
Review: This book is the first in Robert Kiyosaki's trilogy of investment guides. He is always very careful not to advocate a particular path to building wealth, but instead tries to teach a mindset for achieving great wealth. Specifically, the mindset of the very rich, based on his own experiences and the teachings of his "rich dad". Rich Dad Poor Dad lays the educational foundation for the other two volumes, although it stands on its own as an eye-opening and very enjoyable read. Through defining assets, liabilities, balance sheets, and income statements in simple ways, Kiyosaki conveys the basics of financial literacy from the point of view that "cashflow is king". It doesn't try to be consistent with typical accountancy teachings, but strives to highlight the aspects of one's personal finances that should be given priority. It's a book that could've done with a proper editing, but has noble goals, and should be required reading for all those contemplating a life of employment, at the very least for the fresh perspective on investing that it brings.

Rating: 5 stars
Summary: Read it for the content, not the editing (or lack of)
Review: Kiyosaki & Lechter put incredible concepts onto paper. This is a very readable and highly useful book. The typos and poor editing can be annoying but the content is amazing. Learning to think like the authors helped my wife and me get out of debt in two years.


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