Rating:  Summary: It is urgent that you read this book! Review: I am 34 years old and someone I was working for/with came to me with some eye opening information. After we discussed these things he recommended this book along with Cashflow Quadrant. By the time he explained what it was all about, I couldn't wait to order them. Now that I have read both, I am researching, reading the books that Mr. Kiyosaki recommends, and have decided to change my back-to-college-plans from going to beauty school to business management/accounting, instead. You will see why once you read these books. These books are for EVERYONE and I urge everyone to at least read Rich Dad, Poor Dad. It will change your whole life for the better. Most of us are guilty of being lazy about learning to handle our money. We think maybe someone else can do it if we ever save up enough to invest in some way. My favorite quote so far is, "If you don't know how to handle your cash flow, you will work for someone who does."
Rating:  Summary: Powerful for those perceptive enough to understand.... Review: The principles espoused by RTK in tnis first of the Rich Dad series are fabulous if only you will open your mind to new information.I was opposed to RD/PD at first too because it went against everything that I was taught in my formative years. But then I realized that nobody who taught me the "normal/conventional" way of getting ahead were doing all that well themselves.Since reading RD/PD I have started my own business and begun an investing program in equities and real estate.Great book Mr. K. Keep them coming.
Rating:  Summary: Ok..now what? Review: This book seems to be the most controversial financial book ever written by far. I read it while back, and to be fair, I will go back and read it again (along with Cashflow Quadrant, the other Kiyosaki book I've read) and see what I may have missed the first time. Honestly though, I'm not expecting any revelations. Many people who give this book negative reviews are criticized as being "narrow minded" and unwilling or unable to think differently about money, holding a job etc. Actually, in my instance, that is not the case, however I still need to find some value in something before I can recommend it. My complaint, like many other people is that this book has really no substance (IMHO). It is essentially a motivational book and while I agree one must get motivated to succeed, motivation alone is not enough. As I read somewhere, have you ever attended a rousing motivational lecture, got excited, but 5 minutes after the seminar was over asked yourself, "that was great, now what the hell do I do?". Mr. Kiyosaki doesn't elaborate on ANYTHING (and in some instances seems to contradict himself as well). A few examples: 1. He continually mentions building up your asset column and one asset he recomends is stocks. Though I wasn't expecting a specific list of stocks to buy, someone who claims to have so much knowledge might have wrote a bit about HOW he evaluates companies, what he looks for when he considers buying a stock etc. 2. He continually mentions how your home is not an asset. So what is his point, don't buy a home? Since you have to live somewhere you can either buy, rent, or pitch a tent in your friends backyard. I don't consider renting or camping out building up my assets column either. So what do you recommend Robert? 3. Become financially literate. This is repeated and repeated and repeated and repeated and repeated and repeated and...well, you get the idea. Must be important. OK, so what actually makes one financially literate? I mean what specifically should one know? Once you know the difference between a stock and a bond are you financially literate? Once you know how to calculate a P/E ratio? Please tell me Robert? 4. He mentions Cashflow as being the most important thing in escaping the rat race. I don't hear much explanation about what specific assets produce cashflow except a bit that he mentions about real-estate ( and again, no "How To"). Stocks are definitely assets but how do they produce cashflow until you sell them (unless you have an exceptionally large number of shares in very high dividend paying companies). Anyway, no need to go on, I think you get the point. I don't want to be so critical, believe me, I'd really like to read this book over and all of a sudden have something click and say "thats it", now I see his point, but like I said, when your this vague maybe there isn't much point. One other note, as of this writing, Mr. Kiyosaki has published at least 5 (maybe 6) books in this series. Couldn't he have said all that needed to be said in one longer book, or at the most two longer books. Probably, but it seems to be much more profitible pumping out a new book every six months or so and keeping readers coming back hoping to find the information that should have already been provided. I can't help but think Mr. Kiyosaki is a bit of a con artist as he is now on the infomercial circuit as well. If you think I'm just being negative, do a search on Robert Kiyosaki and John T. Reed and take a look at his (John. T. Reeds) review of this book as well.
Rating:  Summary: More motivational than useful Review: This is probably one of the worst written personal finance books I have ever read. The add-on introduction by fan and friend, Sharon Lechter, is even worse. I almost gave up after page 20. RDPD contains a very basic thread which tells you to maximise your asset growth to cover your outgoings (duh!) and then goes on to tell you something about how Kiyosaki became a millionaire. Exactly what is true and where you start is pretty hazy. Financial details are thin and his methods vague at best. RDPD is really more of a motivational perk-me-up than a useful guide to making money and achieving financial independence. It's quite good in that respect, as long as you don't fall for all the self-marketing and vaguery. If there is something positive to come out of the book, it's Kiyosaki's constant preaching that a house is just as much a liability as an asset and buying the family home early on in life can seriously impede your ability to achieve financial independence through leveraging your balance sheet. That said, I reckon the full on assault by John T Reed (below or search on Google) is a much better read. It's one of the best criticisms of spivvy finance books I have read in a long time.
Rating:  Summary: Eye Opening! Review: This book presents 6 lessons that the author believes are the keys to getting rich. These lessons challenge how society in general thinks "normally" and attempts to present a different point of view. This book challenges the reader to become more financially literate and think in terms of "possibilities" and "opportunities". This book is worth taking a look at. You may be turned on by it or totally turned off by it. Whether or not it applies to you will depend on your needs and desire and willingness to accept its viewpoints and to change.
Rating:  Summary: Best Book on Financial Wisdom you will ever read Review: This is the best book on Finance I have read. Excellent observations and suggestions in the book. Truly explains the difference between rich person and poor person's mindset. A Must Read.
Rating:  Summary: Good content, repetitive style Review: Robert Kiyosaki's book is motivating and meaningful. It shows not only how to get out of the rat race, but explains why people get into it in the first place. The author clarifies and illustrates his points until they become not only clear, but in many instances obvious. My only real problem with the book is in its style. Every point and some stories are repeated, usually three or four times. The same content can fit comfortably in about eighty pages.
Rating:  Summary: Short and To the point Review: I know that many reviews are long and very detailed. Unfortunately there are too many positive points brought up in this book for me to mention. Frankly, I have better things to spend my time doing but I wanted to say that I would highly recommend this book. It is a book for beginners. It is only a starting place, but gives you (if you are open to its ideas) some direction in a very chaotic world of money. Don't take my word for it, try it yourself. Don't be stuck in the rat race... make money work for you.
Rating:  Summary: Simple concept but no real world advice. Review: The book contains some good basic advice. Using his definitions of "assets" and "liabilities", he teaches the reader to use their money to invest in assets (thing that create money) and not liabilities (things that dont create money). The rest of the book is little stories and antidotes supporting this concept. I give it a 1 because there is little or no real world practical advice on how to actually do anything. Extensive research on the author reveals that his knowledge of things financial is virtually non existant. He is making all his money off of the sales of these books which started by selling them to Amway representitives at conventions... I love truth, I hate Liers.
Rating:  Summary: The book that has had the most impact on my life. Review: This book is an excelent tool for opening a whole new world up to people who were told to "Go to school and get good grades, so you can get a high paying job." This book doesn't contain every grain of knowledge that is required to find your path in life, and you path to richness, but it does allow you to see that such a path exists and that it may not be the path that your parents took or the one that they encourage you to take. If this book affects you as it did me, you uncover an inner desire to be more than you are and energize you on your path to becoming more. I have bought and read books non-stop since reading Rich Dad, Poor Dad, about investing in traditional investments and investing in myself. This book has definately had and will continue to have a positive inpact on my life.
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