Rating:  Summary: The easiest book to read and understand Review: This book breaks down the basis of financial independence, and make it simple enough for an 8 year old to understand. The book allows you to learn through examples and diagrams. If you are looking for a way to understand accounting this book will teach you the basics.
Rating:  Summary: Content doesn't merit an entire book Review: The author takes nearly 200 pages to say what could've been said in one four page article. The book repeats itself over and over and over -- especially with regard to simplistic concepts that don't need to be hammered home. To add insult to injury, he glosses over the meaty, more substantial aspects of his treatise. He has some worthwhile views and precepts, but he is a poor writer and desperately needs an editor. Try to buy this book used or borrow somebody's copy -- a "rich dad" would never waste the money on such an item!
Rating:  Summary: Look for the gold and don't get hung up on all the dirt. Review: My son brought home a copy of "Rich Dad Poor Dad" in August, 2000 as a recommendation from his sales manager where he was working as a salesman to earn money for college. The simplicity of the examples in the book blew me away. I have never read a financial book that made so much sense. The concepts were so clear and I totally agree with them. I just wish I could have read it 40 years ago so I wouldn't have had to learn the hard way.I do agree with other reviewers that this book will probably not win any prizes for writing style, but the information is priceless. At 62 I have lived long enough to see the problems people can get into that these concepts can go a long way toward changing. The number one cause of divorce in the US is financial problems. Do yourself a favor, read the book and stay happily married.
Rating:  Summary: Eye Opener Review: I used to be what the book calls a "95 percenter" -- that is, I used to believe that a person, in order to be successful, you had to go to school, get a degree, get a good paying job and then retire with whatever you could scrounge and save. This is something that has been passed on from generation to generation in my family. It is also something that I've been uncomfortable with. Reading this book opened my eyes and helped me realize that there is another way to live. My children will know me as a "Rich Dad".
Rating:  Summary: Too much talk - not enough facts Review: I normally try to be positive and find the best in things. But this book is a waste of time, considering the many good investment books out there. It has a few valuable points, but they could be stated on one page. To the authors defence, I am in favor of books that cut to the bone and I really hate having to read hundreds of pages of nothing, to get his point. If you are a first time reader of this kind of topic, the book is okay. As long as you understand that it will wont give you any tools - just rough guidelines. I, unfortunately, also listen to the audiotape. Its even worse.
Rating:  Summary: Great book ! Review: I read this book after noticing how many reviews it got, and at the time i bought it, the Amazon sales rank was 23, which was really impressive. Some reviewers complained about the repitition of points in the book, but they forget that the key to remembering is through repetition, that is one way the advice he presented will be stored in your head. His advice is to help prevent us from financial trouble, when we could be living more comfortably after learning how to use our money wisely. But if youre content with your situation and dont feel like following his advice then its okay,... I thought that his advice made perfect sense, that luxuries can wait while your money is invested to help pay for them. Another thing is that he is encouraging to think long term, which even though isnt a new idea, it should complement your thinking about making money through some or most of your investments. I read this book in a couple of hours, and gained knowledge in that time slot that has been taught to Robert over a period of years by his Rich Dad. You dont necessarily need to follow all his investment ideas, just the one that you think you should do. This book is about the mindset you should have towards money, and how to use that to be more than financially secure. I rate this book 5 stars because of the importance of the ideas he presented me with, not the quantity.
Rating:  Summary: Great inspiration, but lacks specifics. Review: I have now read Rich Dad, Poor Dad and The Cashflow Quadrant. Both books inspired me greatly, but also left me with a some doubts as to the author's story. 1) Is he really wealthy? Does he really have all that he talks about? For example, he mentions a multi-national company a few times, but if it's so great, what doesn't he tell us its name? 2) With the advise from his 'rich' dad filling his head for all those years, why did he make such a bad decision in purchasing an investment property (a condo) at age 27? It sounds like this was his first one - I'd a thought that he would have hustled much earlier than 27... 3) Again, with all of his wisdom imparted from his 'rich' dad, why was he broke and sleeping in his car in his mid 40's? Where were all of his investments then? (Couldn't he sleep in one of his apartment buildings...?) I must say that I did enjoy reading his book. However, I don't think that it provides much sound advise, only strong encouragement. Personally, I think that he's discovered about wealth building the same thing that others have discovered about the lottery - the best way to get rich off of it is to invent a half-baked scheme and sell it to others in bulk... Maybe I should do the same...
Rating:  Summary: He should have listened to his poor dad too! Review: Rich Dad, Poor Dad contains valuable concepts and good lessons regarding how we should think about money. The author certainly knows about money! His rich dad would be proud. However, in my opinion the book is poorly written and edited. The book keeps repeating itself; literally paragraphs at a time. The diagrams do a mediocre job at conveying important concepts. The book leaves lots of room for improvement in the areas his educated "poor dad" would consider important. To its credit, the book was a good way-to-think-about-money primer for my 13 year old, yet even he commented that the book says the same thing over and over. I'm well read. The book struck me as a hodgepodge compilation of the kind of stuff popular in the 1980s -- motivational talk integrated with "get-rich in real estate" themes. In my opinion, the book is a success because of its title, not because of "superb content." Content is there, but superb content isn't. In at least two places the book solicits a phone call from the reader to get a free tape, "What My Rich Dad Taught Me About Money." I called. The tape is free, but there's a $... charge for shipping and handling. I felt like I was baited and switched. This brought back memories of the '80s get-rich-quick-late-night-talk-shows. I wondered if the author is really making his $$$ by merely selling books and tapes to people desperate to buy hope. Now we can add "games" to books and tapes. At $... per game for Cashflow 101, the money can pile up rather quickly. Possibly the best recommendation of the book is its "recommended reading list." In my humble opinion, one would do better to read the books on the list and pass on this one.
Rating:  Summary: A Great starting Place Review: Do you wish you were wealthy? Ever wonder why you never seem to get ahead? This is the place to start.. It shows how easy becoming wealthy can be. There is really only one thing to learn, Buy assets, not liabilities. This book has literaly given me a new way to look at life. I have listened to the audio book about 5 times. Every time I listen I pick up somthing else to consider, and think about. Robert doesnt give all the answers, but he helps you figure them out yourself.
Rating:  Summary: Easy reading that was worth the 16 bucks Review: Robert does a good job of presenting common sense solutions to escaping the rat race. While his exact methods may be out of date, the idea of generating income outside of your job is sound. He also stresses the negative impact of spending on credit and buying liabilities (toys) with earned income. Even though the repetative stories detract from the message, the book is extremely easy to read and provides focus on important concepts that aren't being taught in school.
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