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Summary: A Real How-To Book To Improve Your Financial Future
Review: With all of the how to make money books around, this one seems to offer some real, concrete information to help everyone take command of their financial resources and to gain wealth for themselves and their families. Some of the food for thought includes: exploding the myth that you need to earn a high income to be rich; challenging the belief that your house is an asset; showing parents why they can't rely on the school system to teach their kids about money; and clarifies assets vs liabilities. The author provides a definition of being rich and poor and the fundamental differences. It will make you think. He helps you forget some of the misinformation you believe in, and tells what we should have learned from our parents, if they had known it. The book will make you take a hard look at where your headed and where you should be headed, education-wise. His lessons are simple, easy to read and understand and help you put them into practice for the good of you and your family. You can only gain, by taking a look at this book. Well worth reading.
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Summary: First you have to believe...
Review: In reading previous customer reviews, I agree that the author is not a "great" writer (Shakespeare it ain't, but then he doesn't claim to be Will). I also agree it could have been tightened up a bit, but so can many books.However, this valuable book is background for book II. It establishes Kiyosaki's "credentials". It tells you where he came from (and I don't mean just Hawaii), and why he believes in his philosophy. And most of all, he lets you know that you can change your thinking process and move to the right side of the financial quadrant towards financial freedom. It's a fun and fast read. He's showing us by his life example so we can see how we've been blocked. My advice, take the best, and leave the rest. It was sure worth more than it cost to me. You will see yourself in it. After all, how were you brainwashed about money when you were growing up?
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Summary: Very insightlful and can change your perspective on money
Review: I was recommended this book, so I bought it... I figured what can it hurt. I have a lot of debt... and I really do want to change that. After reading this book, I realize why I am in so much debt. I'm in debt becuase I'm like so many others who spend more money as they get more money... on things that don't make me any money, but cause me to spend even more money. This book really changed my perspective on spending and how to 'make money work for me.' Since I have read the book, I have limited my spending on things that are impractical, and started buying things that are going to make me money. I really do want money to do the things that I want. Reading this book helped me greatly understand how I can make money most efficiently, with the least tax stipulations, most benefits, and the least selft-time consumption. It's a quick read, and can only help you view other views of making money.
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Summary: Encouragement to start
Review: Mr. Kiyosaki does not pretend to offer solutions to specific personal financial situations nor does he promise success to everyone just from reading his book Rich Dad Poor Dad. He does, however, promise (as stated on page 19) that the lessons he followed and provide are "not meant to be answers but guideposts. Guideposts that will assist you and your children to grow wealthier no matter what happens in a world of incresing change and uncertainty." That is the way I read the book. The easy to understand method in which it was written made the authors ideas seem achieveable for anyone. I look forward to making some of these changes in my life and wonder if some of the people that have reviewed this book unfavorably have made any attempts yet financially or are still thinking the ideas are "too simplistic". Rich Dad Poor Dad has encouraged me to start. It's worth reading and giving to those to whom you wish success.
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Summary: This book is misleading
Review: The premise of the book relates to how "rich" people view employment vs. how middle class individuals view it. The author would have you believe that the only way to amass a small fortune is to own a business, preferably a corporation. While it is true that many people become millionaires by running small corporations (which they own themselves)- quite often these people end up in early graves by working themselves to death. He fails to mention that 4/5 of all businesses crater in the first 3 yrs. The book discounts the concept that education is very, very expensive - keeping young people fresh out of college and grad school at a disadvantage for several years while they pay off rather large debts. And yet, the greatest investment a person can make is in himself, or herself. The author fails to note that "self-made" professionals who pay for college and advanced degrees do very very well economically - without the hassle of owning businesses, managing lots of people, etc. And, lets face it - some people just don't want to kill themselves building a business when they can enjoy all the fine things in life by being professionals of one kind or another.
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Summary: you might look at a tree and don't see a forest
Review: Don't some examples in "Rich dad, poor dad" clearly suggest: take an advantage of someone who is having hard times and rip off as much as you can when buying; do the same a few years later when selling. Two examples from this book: ... house was worth $65.000; I offered $45.000 to desperate owner... sold house for $95.000 ... complex was worth $450.000 but owners who were in Germany had no idea how much it is worth... I offered $275.000... they agreed for $300.000 Mr . Kiyosaki has already suggested in his previous book ... don't go to school. What would we have in the future if this "suggestion" is followed. If you break your arm there would be no doctor. Would Mr . Kiyosaki help? People who work hard are almost ridiculed. If everyone would speculate, who would build houses, roads, bridges?
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Summary: OUCH! - This probably hits too many folks too close to home
Review: My husband and I have read both this book and "Cashflow Quadrant" and found them common sense guides to personal financial freedom. We have personally followed many of the guidelines presented in this book for years and are continually surprised by the many numbers of people we know(both affluent and struggling)who do not and who feel that being constantly in debt is the "American way-of-life". I suspect that those who didn't care for this book found that it hit a little too close to home and made them take a good look into the personal financial mirror. Granted, there are no finely detailed plans for investing and income-growth, but this is a great book to start someone on the track to reviewing their situation and taking the steps necessary to achieve financial freedom. I intend to give copies of both books to family and friends graduating in hopes they can start out on the right financial foot.
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Summary: A Must for Young Readers!
Review: This book really tought me alot about money that my parents tried to tell me but I would not recieve. I really dread gointg to work now because now I realize that I am making the Boss rich and now I need to start working on my dreams. I love how he talks about 4 ways to earn income and how being broke is temporary but being poor is eternal.
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Summary: Thought provoking
Review: I was enlightened about the differences between how the rich and middle class view assets versus liabilities. This is one of those books that I will constantly refer to in order to maintain a balanced perspective on spending money and aquiring wealth.
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Summary: A darn fine book
Review: I have to admit it. I can't stop reading this book. I even went out and got the audio version of the book to listen to in my car. I wish I could pinpoint why this book is so darn good, so I'll try. Let's get something straight right from the outset. This book does need some editing. There are grammar and spelling errors, but that's what negative people look for. You know, don't attack the message, attack the messenger. I find it curious that people who don't like this book always point that out. That said, what was good about it? Well, other than just about everything else, I would have to say many things. If you're looking for a book on how to get rich quick, don't waste your time on this book. This book is about changing your attitude and mindset toward money. That's about it. But, that's the beauty of it. It forced me to reflect very heavily on what I was doing with my life and why I work every day. What I really liked about this book were the six lessons. In fact, they depressed me more than anything. The hallmark of a really good book is if it makes you think and react. I've read many, many books in my life, and few have really altered my way of thinking. This one did in a big way. For many people, it's a very simplistic book, but there's the rub. Money isn't complicated, and it's not hard to make money. This book isn't about what stocks to buy or really "how" to get rich. It's about what you really want out of your life. If you think getting up every morning and going to work just to pay your credit cards, car payment, mortgage and personal loans is a good way to spend your life, then I have a simple suggestion for you: OWN A BANK. It's important to note that this book neither gives much specific investment advice nor is a "puff" book full of positive thinking which will wear off right away. It's difficult to compare this book with others because it's so different. If you want specific investment advice, don't read this book. If you want to permanently change your attitude toward your life and money, then I very highly recommend you buy this book. I'm warning you though. You might finish this book and wonder that you didn't learn anything. Did you not? Some people claim they didn't. That's the whole point. Learning isn't about cramming facts into your head. It's about what YOU do with the information presented to you. Nobody's going to hold your hand. You have to make your own financial decisions. If this book fails to change your way of thinking, then I humbly suggest you continue working at your job, beg for a raise every now and then, gossip around the water cooler, hope you don't get fired and pray to God that Social inSecurity is still around when you're 65. Oops, they raised the retirement age to 67. Oh well, two more years of hell won't kill you. With so many lessons learned from this book, I have often pondered the biggest. What, out of all the information, contained in this book would be the single biggest lesson. That's really tough, and with so many, I really can't say. If I were backed into a corner and had to choose, I would say it's a combination of lessons one and six (the rich work to learn, not for money). It took me a while to understand that point, and I feel sorry for people who don't get it. It reminds me of the old saying, "most people are too busy working for a living to make any money." Do yourself a favor, turn off the television and read this book. Read it several times and then read Kiyosaki's other books. You won't regret it. If you don't "get it," email me, and I'll do my best to explain it to you.
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