Rating:  Summary: Good Info but less credible because some facts are wrong Review: Robert Kiyosaki's premise that people should build tangible assets and spend less and more wisely is very good, but some of his stated facts are wrong and makes the book lose some credibility. For one, he mentions that the corporate tax rate is less than the personal tax rate, but that fact applies only to incomes less than $; most folks/corporation earn considerably more than $... Also Robert says airline pilots have over 100,000 hours of flight experience; that number for senior captains is closer to 25,000 hours. A few other facts were very iffy from my experience in financial dealings which taints all of his statistics in my view. If the book can convince some of the younger generation to start building real assets and spend wisely, then the book will be of great service.
Rating:  Summary: Not what you think it is. Review: This book is the most repetitive, meandering scribble I have ever read. If you have the philosophy to invest your money in something that gives you a return, then you don't need this book. This is not a how-to book.
Rating:  Summary: Good Insight Review: This book provides a great insight into a different way of thinking. It gives you a basis for how to break the mold of just getting a job and working your whole life to retire at an old age. It's not a how to book. It will spark ideas that you can follow up on to generate wealth on your own. Don't expect this book to tell you exactly what to do with your life. Use it as a stepping-stone to your education.
Rating:  Summary: Garbage Review: In interview after interview, Kiyosaki never divulges how much money he actually has or makes from his investments. He does not use proper real estate terminology and looks confused if a real estate pro asks a pointed question - which usually results in Kiyosaki quickly turning tail. His claims regarding education and armed forces service are suspect. And believe it nor not, he has NEVER revealed who his Rich Dad is! You would think that at some time he would pay homage to the 'man' who taught him everything, but not once has this occurred.He also gives some very bad advice in this book - casually mentioning making several lowball offers of 50% market value for some properties. In real life, such an offer would be considered an insult. He mentions how rich people are better to have as friends since they can give you inside information on companies, allowing you to make better decisions regarding a company's stock. That's called insider trading and is very much illegal. And it's a really crass way to look at your relationships with people - whether they can help you get rich rather than be fulfilling friends. He also advises to buy multiple rental properties in multiple states (why? so you can pay more people to take care of them?) and that you can use a business to buy yourself a Corvette or a Rolex (try explaining that to the IRS). This book is a sham, and did not start selling well until someone affiliated with multi-level marketing Amway (a questionable company that is pretty much a pyramid scheme) bought a bunch of copies. If you are truly interested in real estate, check out John T. Reed. His website also rates all the real estate gurus and he has devoted some time to write a scathing review of Kiyosaki after reading his book. So... no one knows how much he makes, he can't answer simple real estate questions, no one knows who Rich Dad is (and many people have tried)... smell a rat?
Rating:  Summary: Not for Harvard Business School Graduates! Review: There are a few reviews in here that have some negative commentary about the book... Saying that it is common sense to know the things Kiyosaki talks about in his book. Well, the point of the book is for people who were not taught the common sense of financial intelligence, which is pretty much everyone that doesn't have wealthy parents or was afforded the opportunity to go to an elite business school. This book is for people who need to know the basics and understand how to apply them to their life. If you are a Harvard or Wharton Business School Graduate this is not the book for you. If you are in debt, want to learn how to grow your assets and want to learn how to be financially free when you retire this book is a great place to start!
Rating:  Summary: This "dreamstealer" re-read the book.... Review: ..and I stick by my original review. I noticed a lot of Amway/Quixtar jargon in the 5-star reviews. 5%, rat race, rut, stinkin' thinkin', go-to-school-get-a-good-job myth, just to name a few (wow, so original) If you want to use this book for motivation, that's OK, I would think people would want hard facts to back up the author's claims of riches (oops, forgot, facts don't count). The attacks on 1-star reviews by MLM'ers are very tired and predictable from those who are desperately hoping their "business" will make them millionaires. This book does give good basics (spend less than you make, asset/liabilites) but any financial book will give you that. BTW - all my former "retired" uplines now have J-J-J-JOBS to support their "interactive distribution" business'.
Rating:  Summary: Millionaire School Review: Rich Dad, Poor Dad offers good stories and advice for the reader who really wants to make money work but doesn't want to read a dry financial text. This is not a guide to making your money work so you don't have to work at all. It is a sensible approach to balancing your life and finances. Rich Dad, Poor Dad challenges the reader to take a detailed look at what works and what doesn't work in managing lifelong goals. I used to make a living as a financial advisor, so I know that setting realistic goals and managing finite resources is one of the biggest concerns of investors. Kiyosaki challenges each reader to do what is right based on personal goals and desires rather than following a cookie cutter approach to wealth. This is a good book if you are looking for a new perspective on the age old dilemma of having more. Just remember that the information is presented in a storybook format for your enjoyment. Ultimately, your left with the hard decisions of having to sort out the specific advice that works for your situation. After reading Rich Dad, Poor Dad, check out Rat Race Relaxer: Your Potential & The Maze of Life to help you navigate through the uncertain maze of the future.
Rating:  Summary: Rich Dad Poor Dad Review: I'm the CEO of a business acceleration company and was very impressed with the message behind this book. Regardless of how you choose to make money, Rich Dad Poor Dad explains the importance of managing your money and spending wisely. If more people would define assets and liabilities the way Robert Kiyosaki does, the world would be much more financially secure. I highly recommend this book to anyone, especially young people who are learning how to manage their money. Regardless of how much money you have or make, this book will change your outlook on how you spend and invest it. It will fundamentally change your mindset when you face decisions about assuming debts-something that will affect you for the rest of your life. I hope you find this review helpful. Steve Watts
Rating:  Summary: Excellent! Review: Initially may come across as a bit elementary (if you have had basic exposure to accounting), but picks up very quickly. Kiyosaki makes quite a few basic and extremely valid points that we can easily overlook when managing our day-to-day finances. Also provides insight on great investing ideas that the average investor would not necessarily think of. I highly recommend this book to anyone who is trying to get a better grasp on their finances. I am going to purchase another one of his books right now.
Rating:  Summary: EXCELLENT -REQUIRED READING Review: THIS BOOK PROVIDES EXCELLENT AND VALUABLE INFORMATIN. AFTER I FINISHED IT, I INSISTED MY WIFE READ IT . HER RESPONSE WAS, I THOUGHT IT WAS PRETTY GOOD. INFORMATIVE MY SON IS NEXT HE IS PRESENTLY READING
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