Rating:  Summary: It Can Change your life and your financial future Review: This book was recommended to me by a financial advisor and teacher. This book taught many important and valuable lessons that are not being taught in schools today. I am currently taking a business finance course in high school and it does not come close to teaching me the important principles that are taught it Rich Dad Poor Dad. After reading this book I bought Robert T. Kiyosaki's other books. I know more than anyone my age, and many adults also thanks to this book, and other books he has printed. I advise anyone who is looking to open their eyes on their finances to read this book. If you are unsure if you want to go into business, or if you are unsure if you want to invest, I advise that you read this book. If you have no interest in investing at all I advise that you read this book. If you are already wealthy, I advise that you read this book. I advise everyone, no matter what their financial situation, poor, middle-class, rich, or ultra-rich, to read this book!
Rating:  Summary: Interesting as a watered down personal autobiography. Review: Kiyosaki tells the stories of the two men who influenced him the most in his life, one being wealthy and another not so wealthy. The difference lies in their concepts of money. However, this book tips only on the surface of what it is like being financially successful--the reader might feel motivated trying some investment strategies mentioned in the book, only to be disappointed because the book makes little to no attempt to familiarize the reader with regulations and legal procedures, which, according to the book, is the key to successful financing.This book is not a manual to finance. To take this book with a grain of salt, it is an interesting read of a wealthy person's perspective and his experience of becoming wealthy.
Rating:  Summary: Simply Put. Review: My resume. I lost everything that I owned, not once but twice, before the age of 36 by making almost every single financial mistake that a person could make (too much credit card debt, repossessions, tax liens, etc.). I consider myself to be the poster child for financial ignorance. What is funny is that I am far from being stupid or lazy. But I was extremely ignorant and arrogant about money like most of us, until I read this book. Losing everything you have twice makes you stop and think about what you're doing, and more importantly, why you are doing it. We are not taught what is in this book in high school or in our higher institutions of "learning". Why is that? I am not saying that the book is a cure all, but it is a very good start in helping someone to educate themselves. Now, I can say that I know what money is and what is not; and this knowledge thanks to Mr. Kiyosaki has greatly improved my financial literacy and understanding. He makes points that make sense because he explains why we can work so hard for so long and end up with nothing to show for it. As a result, I have made the study of money a top priority in my life and I try to help as many people as I can understand how to think about money and how to use it wisely. The other books in the Rich Dad, Poor Dad series are also must reads. In my studies I have read a lot of information concerning banking and the history of money, especially the history of the Federal Reserve and the Federal Reserve Act of 1913. More info on this can easily be found on a good search engine, like Google.com. Rich Dad, Poor Dad is definitely a must read book. The more I study other sources of information, the more I get out of the book. I have read it now about 5 times. It's simple. It works. I am applying what I learned and it is working. IF anyone tells you anything that's different, they're either in denial or flat-broke or both. On top of that, they are easy prey for those who make a "good living" exploiting the ignorance of others. Robert Kiyosaki has done good by me. If you read the book and do what he says, he'll do good by you too. 'Nuf said.
Rating:  Summary: Interesting out of the box ideas Review: This book challenges conventional thinking about making money. I don't know that I agree with all of it and I wouldn't tell my son to agree with all of it, but it's worth reading. I think it is more important to teach your kids how to think correctly so that they can define their financial goals and take the most constructive actions to achieve them. I suggest Optimal Thinking by Rosalene Glickman PhD as the superlative book on this issue
Rating:  Summary: Eye Opener - To Accumulate Wealth Review: This is great book if especially one is involved in the Rat Race of Earning, Paying Taxes and Spending whats left, in short you never see your money accumulate or work for you. I would recommend it to everyone who really wants to be wealthy in the long run.
Rating:  Summary: What would rich dad think now? Review: I wonder what rich dad's advice is now with the recent economy? His ideas and principals are valid, but with the uncertain times we all face now it will be harder to make money compared to the market when the book was written. Investing in the market is gambling pure and simple, you could have done everything right for years and made one mistake by being heavy into one of the corporate scandal companies and then what? All your hard work down the drain. I would like to see a sequal to answer these questions. Check out Rat Race Relaxer: Your Potential & The Maze of Life, it offers helpful stories and advice for surviving in the rat race.
Rating:  Summary: Thought Provoking Review: This book (and several others written by Kiyosaki) have changed my way of thinking about money, wealth, jobs, business ownership, investing, etc. Little changes bring about rewards beyond belief. I am still working on making my first million but I have no doubt I will make it - thanks in part to this book. I bought a copy of this book for all my friends and each of my children. Most people thought I had went off the deep end (some still do!) but I caught the fever of wanting more and haven't looked back since. I continue to recommend it to young people that have the slightest interest in creating something phenomenal. Many "schooled" people and others who grew up around money education have scoffed at the simplicity of this book. But for those of us who never learned about anything more about money than trying to pay the bills every month, this book has been a revelation.
Rating:  Summary: Good, but with glaring ommissions & flaws Review: Once again another book telling Americans how to get rich. May I make a suggestion? One of the best ways to get rich is to write a book on how to get rich & rake in those sales receipts. I have some serious problems with this book. For a start there is incredible verbatim reproduction of conversations this author supposedly had as a 9 year old kid in the late 1950s. With a memory like that he's already incredible, or he made detailed notes at the time, or he's making it up. Hmmm, tricky one to call isn't it? Next there is the usual hype of being self employed. Neatly it sidesteps the well known facts of life regarding self employment; going into business for yourself is one of the best ways of losing money known to man. No one would take $25,000 & bet it all on black at the roulette table & yet time after time people seem to think that starting a bussiness with similar amounts of money is a good idea. Yet the odds aren't that much different. I also know people who drive around all their life without wearing a seatbelt, convinced that they don't need to do so because they're a good driver. Most of the time they get away with it, of course you can imagine what happened to the rest of them. For those who manage to get self employment to work for them that's fine, but it is a self fulfilling philosophy. They believe it will work & feel vindicated when it does. But they forget that plenty of others now living in trailer parks also believed it would work. I know self employed people who never make a profit, or struggle for years on end, even one who lost all his money, his house, his car, his marriage & everything he had. He lost so badly he never recovered (15 years later he's still pretty much broke) & probably never will. Yet he was regarded as astute & likely to succeed! He was taken down by factors no one expected & didn't see coming. Such is the world of self employment, populated with a few rich people but mainly full of those who've failed. Financial awareness, frugality, investing & plain common sense are good messages. Too often the advertising of modern America pushes us to consume beyond the ability of our personal finances to sustain (buy this if you want to be happy! SPEND! SPEND!), with painful results. This is an important point that must be learned & this book covers these ideas, but insufficiently. However if everyone followed the advice of this book no one would work for anyone else. We would have no factories, meaning no US made cars, ships, aircraft or electronics. Bridges would be imported, we would have incredibly expensive fuel prices as small business man after small business man made up the production, refining, distribution & retail chain instead of the super efficient system we have today (regardless of other issues it is efficient). Lastly there is the usual Looney Right Wing moaning about taxes. This sounds incredibly selfish & out of touch after the events of 9/11, the firefighters, police & ambulence of this country don't get paid enough. Where does the money come from? Taxes! People don't want to pay taxes but they still want their services & security & they want it NOW MISTER! It is begining to make me sick listening to this kind of tripe. It is not as if "cutting taxes" saves you any money. As has been pointed out if you save $500 a year in taxes but the police get cut & you have to spend $1000 on house, car & personal security sytems, what's the point? It is the same if schools get cut & you end up spending $5,000+ a year PER CHILD on private education for your kids so they can get decent schooling. A pity this book doesn't cover that! But then the self centered Right Wing of this country never likes to talk about such things. Again this is a book that is basically sound in some of the advice it offers, but fundamentaly flawed in it's outlook.
Rating:  Summary: Best book I ever read Review: Excellent book, you will not regret buying it. You'll learn so much
Rating:  Summary: The best financial book available today Review: Rich Dad Poor Dad is the very best book available for those who want to become wealthy or at the very least, attain a moderate level of financial freedom. I think some people miss the point and think this is a "get rich quick" book. Clearly, it is not. You can get rich quicker though and this book explains how. No book stays on the best seller lists this long. Has this many 5 star reviews with continuing high book sales without having something worthwhile to share. And what about the 1 star reviews? I suspect that this is just 1 person constantly reposting. Same unsubstantiated complaints against Kiyosaki. Same website keeps getting mentioned (how often do you see a 5 star reviewer hawking a website?) Their arguments are unsubstantiated and without base. Do what I do...don't read them. Rich Dad Poor Dad is an excellent book and I highly recommend it. B. Hinds author of Power Wealth
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