Rating:  Summary: Simple and Easy way to figure out your lifes work Review: I am 16 years old and just bought this book yesterday evening. Today, I am almost finished with it. I cannot put it down. I am simply amazed how simple Robert Kiyosaki can put finances. I have realized how much of a joy reading this book was. I have been contemplating what field to go into in college. Now I know that Business Finance is my route. This book teaches you everything you need to know and then some. It's not a "tech" book that just uses finance jargon used only by CPAs and the IRS. It is simply and easy to understand. It gives you inspiration that owning your own company can happen, not only in your dreams. I recommend this book to any one of any age who wants to know how to manage their finances or simply would like to see if they know as much as they claim they do in the world of financing. Thank you Mr. Kiyosaki!
Rating:  Summary: Good read, but be careful. Review: The book is better as a motivational tool than a guide on how to get rich. He has some good points, but be very careful about the methods he suggests. They are not as simple as he makes them sound. In addition, there's good evidence he never did any of those things. ...
Rating:  Summary: How We Grab So Frantically at False Hope Review: Emerson was a brilliant writer, and an inability to adapt to one's dynamic environment, on any level, including financially, is "the hobgoblin of little minds." However, Kiyosaki is a businessman, not a writer, so one can obtain more enlightenment from an exemplar of RTK's true field, P.T. Barnum. I believe he said "A sucker is born every minute." This book does nothing more than pander to the ignorant who want to lament and blame others because they've spent half of their life living the hyperconsumeristic lifestyle that is now biting so many Americans in the butt. I will give it two stars because, if you have no previous experience with accounting, or are uneasy in the world of money, this book does offer entertaining examples of entrepeneurial existence. For example, I found the comic book library story charming. However, the fact still remains this is information most people know, and if one didn't know, one could find in any finacial book. Don't expect earth shattering revelations unless you've been living in a cave since the advent of the Internet.Also, several key points in this book are shaky. The author advocates high-risk high-yield investments, which, for anyone with a reasonable time frame, should be included in their portfolios. However, Kiyosaki doesn't mention the need for a short term emergency cash fund in case your water heater explodes on your road to financial freedom. All financial planners will tell you, any money that you'll need in the next five (for agressive investors) to ten (for conservative investor) years should be kept out of the market. Also, if you lost your job tomorrow and don't have enough emergency funds to last at least six months, you don't belong in the market anyway. Secondly, one would be much better off paying off one's mortgage than investing huge amounts of money in a "passive income" investment. In short, if your eggs are all in one basket, your house is paid for, you're out of debt, you're traditional retirement vehicles are nice and plump, why not try to generate passive income with low caps, mlm's or even a restaurant? However, hard work, education, and a will to succeed, as RTK so eloquently points out, are not enough. Most self-employed persons are not rich, and most small businesses fail. This book is not special. If you're unfamiliar with the concepts, there are more dull ways of getting it. But the primary point of this book, along with the following titles in the series, is to sell more books. If you think RTK is the messiah of personal finance, whoop-de-doo. I'm for anybody who can get however many Americans to buckle down and think about their finances. Also, I read in one review where a reader was complaing about pension plans and cutbacks on health benefits. DUH. Pension plans are somewhere between the electoral college and fossils on the antiquity scale, and health care, well, that's a whole other issue. . . To surmise, this book offers good basics. The details are sketchy, even unstable. This is not to say that Kiyosaki's advice is misinformed, most Americans aren't just in a postion to take advanatge of it fully.
Rating:  Summary: Great read, new perspectives..... Review: I just got done reading Rich Dad, Poor Dad -- and I was very excited to read the new perspectives that Kiyosaki brings to the table. I've read just about every success book out there, and I'm not really looking for someone to tell me exactly what to do (Like how Tony Robbins tells you to eat only fruit until 1pm every day! haha)... So I was refreshed by the concepts he offers. Especially the concept of seperating your assets from your liabilities, and recognizing liabilities that you may think are assets. I look forward to reading more of his info, and maybe seeing him in a seminar in the future. As with all success books, however, the author is not god -- and yes it is probably true that there is no "Rich Dad", and that Kiyosaki made his millions from selling these books and nothing else. That's ok with me, but I just wanted to point that out to others who might read and then take everything he gives you at face value, instead of thinking about it more deeply.
Rating:  Summary: The financial adviser Review: If there is anyone that has ever tried to find the secrets to financial success, they can find it in Rich Dad, Poor Dad. Rich Dad, Poor Dad provides its readers with significant financial wisdom and knowledge. The novel is more of a learning experience. It seems as if the reader is taking financial education 101. It allows its readers to grow and develop significant financial aptitude. An essential element that makes this novel intriguing is the style of the authors writing. Robert Kiyosaki moves from superficial advising to a more complex area in finances. The reader climbs a constant ladder that leads to the establishment of a secure financial foundation. Robert Kiyosaki even suggests circumstances within our lives that hinder individuals from having ones desired financial freedom. This book of financial advice does more than explain how to balance a checkbook. It explains how to build wealth. This small treasure empahasizes the power and the influence that financial education has on our lives. Rich Dad, Poor Dad is a true fiscal teacher. This extraordinary novel gives a thorough explanation of how to win the battle that we all fight with our finances. If one desires the "how to" in making money work for them, this book is more than sufficient. Rich Dad, Poor Dad is beneficial for anyone who desires a strong financial foundation and to have money work to his or her advantage.
Rating:  Summary: Best Book Of Its Kind Review: When I first picked up this book I was impressed at the easy storytelling style. I hadn't had this feeling since I read the "Richest Man In Babylon". This book is spiritually and psychologically transforming. Mr.Kiyosaki lays out how wealthy people think and why its easy for them to make money constantly and consistently, where even the most educated of us struggle needlessly. This book is transformative in the easy way it makes you come around to its way of thinking You can tell that Kiyosaki is interested in one thing and one thing only, your well being. He is sincere about his four pillars of success and in that sincerity you want to change. This is a powerful book and sits in my top ten lists of motivatioinal books.
Rating:  Summary: No wonder people get schlacked by hucksters... Review: This book is garbage, psycho babble. I am a financial planner, CFP, MBA. I had clients keep referring to this book, so I had to read it. Just garbage. Orman, Edelman, and now this guy. Slick psycho babble devoid of substance. Notice none of these guys have any education or substantial credentials. I feel sorry for people who waste their money on this stuff. Read "Financial Planning for Dummies" and "The only investment guide you'll ever need" by Tobias. Also, read "the wealthy barber." Those are great book with substance. Tobias is a little glib, but I have never been able to find fault with his advice. By the way, don't be too impressed by the CFP credential. Its amazingly easy to get. Look for MBA's with finance backgrounds and financial planning training. CFP's with English majors don't really understand finance. But be leary of this book. Its very thin on substantive advice.
Rating:  Summary: Good book. Review: As many other reviewers have said, it is a good book, but it is a little light on specifics. It is great for absolute beginners like me to get a basic understanding of the various ways that one can achieve financial freedom. Of course, Kiyosaki is a businessman and wants you to buy his other books, whcih you need to do to get the real information. If you don't need the motivation and have a pretty good understanding of the basics already, skip right to his other books. If you want an excellent introduction, read this one.
Rating:  Summary: Powerful and oh so timely and correct Review: The one word that best descibes this book is POWERFUL.This is indeed a powerful book, chock full of POWERFUL ideas that will get you POWERFUL results.NETWORK MARKETING is the wave of the future. It is today what franchising was in the late 50's.To the 1 star reviewer that said his entire upline had to go back to a job, I fail to see any point in that.I mean, what would you expect from a upline that has people like you in their downline; people that can't break away from their pc's long enough to build a business. I'm surprised that they are not on food stamps!Network marketing isn't for everybody. It takes skill and a personality plus the ability to grow. Rich Dad Poor Dad is a excellent book and in these days of massive downsizing, this book is so timely and necessary.I also recommend The Millionaire Mind and The Millionaire Next Door along with Cash Flow Quadrant.
Rating:  Summary: Rich Dad, Fake Dad Review: After reading, "Rich Dad, Poor Dad", I was very skeptical whether the author really had two dads. The story sounded too fictional and perfect. My gut was right as a magazine article confirmed there was no Rich Dad (Smart Money, Feb 03). In the article, Kiyosaki admitted Rich Dad is as real as Harry Potter. What's more, claims in the book that he purchased six properties, each for twenty thousand dollars, and then flipped them in minutes for instant profits were also false. In the records, it showed he gotten each property for over forty thousand dollars and held on to them for more than twenty months. I'm tired of these get-rich-quick books. When will people ever learn there is no such thing. There is only one way to get rich, and that is the get-rich-slow-and-hard way. Anyone who wants the hard truth of getting rich should read "A Random Walk on Wall Street". This book tells of a paradox of how a "hot buy" will eventually have so many people buying it, it will no longer be a "hot buy". Likewise, if Kiyosaki knows something we don't, that information will be useless to us by the time it is printed out. All of the author's friends and family and their friends and family and so on, the book publishers, editors, etc, etc will probably have used his techniques many times over that they are no longer effective. Of course, there are timely information in Kiyosaki's book such as saving more than you earn and using that money to acquire assets. But guess what? This is directly from "The Richest Man in Babylon" which its writing is ten times better than any of Kiyosaki's books. In fact, if you read all the books in reference section of "Rich Dad, Poor Dad", you will have realized that Kiyosaki has absolutely no original ideas of his own! Who would want you to buy on the idea of get-rich-quick? Companies like Amway. In fact, the author's biggest supporter who was instrumental in making "Rich Dad, Poor Dad" a bestseller is Amway. In the book, the author even supports MLM companies, no-money-down deals, and those get-rich-quick seminars! The truth is, the author himself is guilty of being one of them. In the end, people like him never really make money from what he preaches but only from your purchases.
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