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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: 3 stars
Summary: Skip the commercial...
Review: The first 90% of the book is great - an inspiring story about rags-to-riches and what qualities separate the rich from the poor. But the last 10% seems to be a pitch for one of these programs where people buy homes with no money down ("other people's money") and turn the houses around for a quick profit. Spare me.

Rating: 5 stars
Summary: What I should have been taught in school
Review: The financial wisdom in this book is exactly what I have found life has taught me. I echo every thought in it. He's right on.

Rating: 2 stars
Summary: Simplistic
Review: Some interesting philosophies. I couldn't agree more that people live beyond their means by adjusting their spending to their income. Basically we do not save enough in an effort to keep up with the Joneses. I am not sure I needed a book to tell me that.

As far as his advice, I felt like I was reading an infomercial about buying and leveraging real estate. Works if you know that you are doing and the timing is right, but taking your savings and leveraging it into a downpayment on a distressed piece of real estate is marginal investment advice at best. In the next downturn many foreclosure companies are bound to make a mint if people follow this advice. It is kind of like doubling your bet everytime you win in Vegas. It can make you tremendously wealthy until the inevitable time when you lose and there is nothing left.

Rating: 3 stars
Summary: ok book..... should have been marketed differently...
Review: When I was a kid, I use to read this magazine called "Highlights" that ran a strip called "Goofus and Gallant". Goofus would always do the morally wrong thing, while Gallant would always do the morally right thing. Goofus would be penalized for his behavior, while Gallant would be rewarded. It was simple and unsophisticated, but was very effective for a kid that was in elementary school. Thats the demographic I think this book is best intended for. The story of Kiyosaki's rich dad, with his "Mr Miyagi" type teaching methods, and Kiyosaki's polar oppisite father, with his uninspired advice, provides a "Goofus and Gallant" for savings and investment. Which makes it a good teaching tool for a fourth grader. However, if your interest is in more "grownup" financial advice, there are certainly better books out there.

Rating: 4 stars
Summary: A Good Overview of the Philosophy of Personal Finance
Review: I found this book to be a very good introduction into the philosophy of personal finance. The author, through an exploration of his experiences with his two dads, provides an excellent discourse on the logic of intelligent personal finance.

This book does not attempt to peddle a system of "striking it rich overnight". But instead explains the importance of intelligent money usage. My personal favorite was the comparison roughly stating that income is equal to employees, and they can work either for you or against you. I'd recommend this book to anyone wishing to increase their financial security and/or buying power through intelligent money management.

Rating: 3 stars
Summary: Check It Out ( at the library )
Review: I have to admit this book does take you at a pace slow enough for a grade school child to follow.

This book does highlight much information that the everyday citizen may not know. This book does have a lot of tips on making your pile of money grow and grow.

I think most people could benefit from reading this book. It definately wouldn't hurt. In fact, it could help get you on the right track towards the money goals you may already have. The only problem I have with this book is that people would be a little closer to their goals of being the richest wo/man alive if they saved the money they would be spending on this book.

Duh!

And no, I am NOT saying don't read this book. This book is all about saving money and money insight tips. And being the nice guy I am, here is your first tip; Before you slap your hard earned 'poor dad' money down for this one, you should check for it at your local library. Yea, good idea! You're welcome.

Rating: 4 stars
Summary: Simple But Useful
Review: As others have said. This book does not take much to read. I read it over two nights. It still has much to offer, and I came away with a new way of looking at money and my future.

I take heart in the fact that Kiyosaki is rich. So he must know what he is talking about. I also take heart in the fact that this book is so simple that I wonder why I didn't think about it.

It only takes a few hours to read, and will get you thinking about what you do with money. It does raise more questions than answers, but maybe that is what it is meant to do. Perhaps it is meant to stir something inside that finally takes action.

I'm glad I read it, and have started on his Investment book with a view to read his Quadrant book. I certainly have plans to be rich.

Rating: 5 stars
Summary: Expanded my horizons!
Review: The author in no way advocates not going to college, or doing well in school. Rather, he challenges his readers to think of other means of earning money than your '9 to 5' which rarely gets one to their life goals. If you can look at it as a new way to think, a suggestion to develop new ideas, you will probably be as happy with this book as I was!...

Rating: 2 stars
Summary: Where's the BEEEFFFF?
Review: Kinda like all the hype with the new Star Wars movie...only to be left alone at the altar...good for Robert...he just made more money from the poort!

Rating: 5 stars
Summary: Wonderful Financial Primer or Motivator
Review: The content is a wonderful eye-opener for the average professional, middle class person like myself. The writing itself is not nobel-prize worthy, but it can definitely be overlooked because the content and motivations are so clear and simple.

Other reviewers may complain that this book states the obvious: buy assets (real estate, investments, etc), reduce liabilities and expenses, pay yourself first, and most importantly: THINK! These ARE obvious things, but that's the problem.

They are obvious rules to live by, but I for one never heard these rules in my house or in my schools. I, for one, am soooo grateful a friend recommended this book. I was already financially stable, but now I have focus and new ideas.

If nothing else, read this book for the ideas it will generate for you!


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