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Summary: Probably the BEST book on the subject of wealth, ever!
Review: After reading Rich Dad, Poor Dad, I have to admit that it taught me more about wealth and cash flow than ANY book I have ever read -- And, I have read quite a few books on the subject! I especially found it helpful with the simplified drawings of how cashflow in different classes actually looks. This book is SO helpful that I had it read within a week of purchasing it, and then read back over three other chapters! Already 2 of my friends have purchased the book and have also told me good things about it....You will not be disappointed!
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Summary: Lifechanging
Review: I have read only six books whose impact will be felt throughout my life. Books that I read and reread, either physically or in my mind's eye, throughout my years. This is such a book. I'm sorry that some people have read it, and say it is, "Nothing new." What on our green earth truly is new? Not much. However, just because something isn't new doesn't mean it is old and irrelevant. The way Mr. Kiyosaki communicates the truth within this book about finances and how to be monetarily wealthy is thought provoking, challenging, inspiring, and easy to communicate to others. In short, this book is easily assimilated and very transferable.Those who want a quick fix will be disappointed in this book because they seek the wrong cure to their financial and personal problems. Like the cancerpatient who wants a bit of morphene to take away the pain so he can go home, but doesn't want to undergo the pain of surgery, quick fixes are for the foolish, the "blind", or the insane. The financial and personal problems which are the subject of this manuscript are a cancer in our society that can only be treated by financially eating right, exercising, and taking care of one's financial body. This book will help you not only diagnose the problem, but help you see where you need to go in order to be where you want to be. His next book is a great follow up to this one. Read Rich Dad, Poor Dad, digest it, and then follow up with The Cashflow Quadrant. If you really want to fix the financial problems that are plaguing you and your family, this book is an superlative start in the right direction. God bless.
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Summary: A Quick & Easy Read; It's Worth the Time
Review: We all will identify with one of the two dads...most of us with Poor Dad. For all but Generation X, we were told that a good education and a good job with a large, solid company were the keys to the good life and a secure future. Well, most of us now know that it just ain't so! Robert Kiyosaki tells us why we got where we are. The Kiyosaki/Lechter team certainly will not be remembered for their mastery of prose, but the book is worth its price for the graphic presentation of financial statements that will make it possible for us "poor dads" to fake it and explain personal finance and wealth-building to our children in ways they can understand. Who knows, it might also reorient our own thinking enough so we can reverse some of the effects of following bad advice ourselves.
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Summary: Disappointing
Review: I had high expectations for this. Presents nothing new. Poorly writte
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Summary: Realistic Book
Review: It is essential book for people who wish to come out from financial strugggling and lead to financial freedom.
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Summary: Sometimes the Best Books are about things we already know
Review: Sometimes the Best Books are about things we already know. This book is like that. Of course, the reason it needed to be written and needs to be read is that it so succinctly organizes our muddled thinking and confused emotions about money. One of the reviews here states "Anyone with half a brain knows this stuff. Duh." Of course we do, but we've lost site of it given the deluge of distractions on what to do with our money. We are constantly exhorted to buy this and spend on that. Even if we are investment minded, most "advisors" out there are merely advising us on the financial products they sell! No wonder we lose our way! This book clears the fog and sets a course. For me and my family, this book helped crystalize our financial philosophy. It helped us define the Big Picture. It was written in such simple terms that our ten year old daughter and our 13 year old son understood it. For their fortysomething parents, it only whet our appetite for more (a good thing). The important point is that it set a framework for understanding and communicating an approach to money that makes sense, so that my wife and I can work towards the same goals, and our kids can start early in life to understand how to make money work for them over their lifetime.
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Summary: Written at a child's level, some valuable concepts.
Review: The title is far better than the contents of the book. But there is gold in there. At 184 pages, far too much paper has been taken up for the ideas he is transmitting. He tortures the reader by conveying many of his points through dialogs, between himself (as a child) and others, that are far more noise than substance. And since many of the reviewers before me have said high schoolers should read it, I would say it is written at the level of grade schoolers, and could have been written taking up only 50 pages easily. Make that 25. Here is the main point: Pay attention to arranging your life so that you invest in things that return you money, and cut down on things that cost you money. And don't think like worker drones. But he does communicate it in a more powerful way. He does convey good concepts, though it is in a fluffy way. I did not get the impression that he was particularly rich. For readers who are chronically in debt, he might seem "rich", but the ideas he puts forward are more impressive than what he appears to have done with them in his own life. I give 5 stars for the value of the concepts one may walk away from the book with, and 1 star for the immature level of the writing.
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Summary: You will see money differently
Review: The hard road often becomes easy. The easy road often becomes hard. This isn't one of those self-esteem books that promises greatness. This is a simple book that explains assets and liabilities. When you understand the difference and then acquire assets you will become wealthy. This is not an easy process at first, but a slow and steady progression in the right direction will change your life according to Kiyosaki. The book also explores the question "What is money?" Money is an idea. When you understand the idea of money you will treat it accordingly. I cannot say enough about how this book puts you in the frame of mind to build wealth. If it doesn't change your thinking, you will no doubt continue your life as a consumer in debt.
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Summary: "POOR" is all I saw
Review: This book is poorly written and has even worse advice. I will never forgive the friend who highly recommended it! Actually from looking at the other reviews I must be blind because I am obviously in the minority. I will say, if this is your FIRST book on money and personal financial freedom... you probably will do "okay" but if you are a guru to these kind of books you could do so MUCH better. I highly recommend The Millionaire Next Door and Motley Fool's - You Have More Than You Think. If you read these and THEN pick up this book you will understand how it pales in comparison. The author here spends most of his time bragging with no real advice for the inexperienced. This is not a "rags to riches stories" but instead a riches to bragging story. The goal of this book is to try and sell you the gimmick of a game at the end. Look elsewhere FIRST before you buy this personal finance book!
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Summary: The rich do think differently
Review: The rich do think differently from you and I. This book gives you insight as to how. The examples include creative thinking outside of the box. As long as you are comfortable you never think of new and different ways to create wealth for yourself. Why climb the ladder of success when you can own it. Ray Croc the owner of the McDonald's franchise was mentioned in the book. Ray Croc's business was not selling hamburgers! The rich do think differently. It has changed the way I think and really given me insight and knowledge to think outside the box. Worth every penny. I have shared it with my friends and family and is a reference to have on your shelf to refer back to.
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