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Rich Dad, Poor Dad: What the Rich Teach Their Kids About Money--That the Poor and Middle Class Do Not!

Rich Dad, Poor Dad: What the Rich Teach Their Kids About Money--That the Poor and Middle Class Do Not!

List Price: $16.95
Your Price: $11.53
Product Info Reviews

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Rating: 5 stars
Summary: Great Book - Teaches Basics Most Don't Have
Review: I work with a lot of kids from all sectors of our community. The great majority will grow up to be poor middle class. I was born into the poor middle class and so I know what lies ahead for them. "Rich Dad Poor Dad" can help the poor middle class to begin to break free from the bondage that they live in.

Robert Kiyosaki does not put forth any great formula for building wealth - he can't do that. Poor middle class Americans need to first know that there is a choice for them to make. If Kiyosaki were to give some elaborate plan to build wealth then his audience would not be able to follow it for lack of a foundation of basic financial literacy. Buy this book if you want to be rich - if you already know what Kiyosaki is teaching and you are not rich, then you should buy a book on motivation so you can get out and just do it.

I highly recommend buying "The Child Whisperer" with "Rich Dad Poor Dad." Together, the books created within me a level of understanding that allowed me to become confident in my understanding of wealth and gave me the skills I needed to acheive wealth. "The Child Whisperer" is about relationships with children, but the most powerful advice in the book deals with how we communicate with ourselves.

Rating: 2 stars
Summary: High on energy, low on ideas or follow through
Review: I'd be willing to bet that 90% of the people that read this book get really excited about earning millions by "thinking different". I would also be willing to bet that about the same percentage of readers continue on without doing anything about their newfound enthusiasm. Why? Because this book gives absolutely no detail. This makes sense because nobody is going to sell step by step directions to guarantee millions of dollars in a [price] paperback book.

I did give him 2 stars because he brings a new perspective to money that most people don't learn. Namely, to spend your efforts aquiring assets and not liabilities, thus allowing your money to "work for you". As far as implementation goes, he offers no help besides a few far-fetched real estate deals and investments that he got lucky on. He makes it sound like a simple trip to the courthouse and 2 hours of time is all it takes to turn a $50k real estate deal. Ask anybody out there who does these deals regularly to see if its that easy.

I also cringed at the idea that he liked his "rich dad" better simply because he was financially successful. That is far too materialistic for me. However, there are some that postulate that "rich dad" is nothing more than a fictional character, a made up man used to sell the book.

What is even more insulting is the realization that comes at the end of the book that he really didn't make is wealth actually doing what he writes about, but rather charging you money to tell you that he did it. He is simply a salesman, not a dream-maker.

Rating: 2 stars
Summary: Average at best.
Review: I found this book to be a very easy read. The narrative was interesting, but the book lacked any sort of substance. There is not enough information in this series of books to take any action. Add some specifics and this book would be OK.

Rating: 4 stars
Summary: I Enjoyed This Book
Review: This book does alot to change the way you think about money. Although the story telling gets a little dull at times, I found this book very informative.

Rating: 1 stars
Summary: I wish there was a 0 star rating
Review: Biggest load of ... I've ever read. The errors and unsubstantiated claims are too numerous to mention. The two biggest omissions are the name of the "Rich Dad" and what Kiyosaki's actual investments are that have supposedly made him so rich. The only people who will ever make any money on this book are Kiyosaki and his publisher. Snake oil at it's finest.

Rating: 5 stars
Summary: Excellent reading
Review: I really enjoyed reading "Rich Dad". Besides presenting a few valuable concepts likely to really help the average guy improve their attitude towards money and getting rich in important ways, I really liked his insights into how most of us are brainwashed into building a view of life very much like that of the poor dad's. I think there's absolutely nothing wrong with living like that, except that most people who go that way are not usually given the choice... (Which is why I think the poor dad was also pretty cool to recognize his limitations in this direction and send his son to the rich dad for advice.)
After finishing the book I checked out the free audio downloads you can get at the poor dad website, but I was disappointed. Both the materials and at least a couple of other books that followed this great market success seemed (like it happens so often) very "commercial", with very little to add and mainly intended to exploit the newly-acquired prestige of the author. Maybe some useful factual information in "Own your own corporation" and "Real Estate Riches" from the same collection (actually written by other authors), but you may still want to consult a professional before you decide to swing into action...

Rating: 5 stars
Summary: Not everyone truly wants to be rich, but if you do...
Review: Robert Kiyosaki had the good fortune of having two dads: his biological father and his best friend's father, both of whom had opposing views on finances and building a financial future. His "rich dad" went on to build a billion dollar empire. His poor dad rose to the top of his profession, yet died poor.

Kiyosaki pulls no punches when he delivers hard-hitting financial advice that he learned over the years from his rich dad. These aren't "get rich" or "make lots of money easily" tips, but rather a system that takes careful planning and tough choices but, if followed, will change your life.

keep in mind that this book is a primer for investment strategy. Kiyosaki does not lay out a step-by-step plan for accumulating wealth, but rather focuses on building the right foundation on which you will build your own wealth. Contrary to what other reviewers have said, Kiyosaki does not encourage people to quit their jobs and not go to college. He actually encourages both -- explaining that experience and knowledge are important. Kiyosaki spends a great deal of time insisting that individuals take classes, read books and use tax/legal advisors to help build their empires from the ground up.

With that said, I've spent years studying investing strategies and the ins and outs of building companies so that I could make a move into self-employment and eventually financial independence. My drive to not waste my life making other people rich has been something that's been at odds with my own father's philosophy and that of most people I've known. Kiyosaki says it is this very attitude that seperates the rich from the poor and he takes his time explaining how. The knowledge I've gained over the years in investing and company-building now has a new perspective: Kiyosaki teaches you not to work for yourself, but rather have your money work for you and make you rich by acquiring assets rather than liabilities (sounds simple, but I was surprised by how many people don't understand the difference between the two).

There are a lot of books out there that try to teach you to be rich through being cheap, or how to make money quickly by day-trading or just about anything else. THIS IS NOT ONE OF THEM. Kiyosaki will help you build a foundation on which your fortune can be built, but it takes time and commitment on your part. Most people are turned off by that concept and will spend the next 20 years trying to find a get-rich-quick plan, rather than just gradually building up their empire over that time span.

Kiyosaki concedes that you can save your way to wealth, but why? What's the point of spending years building financial independence and not enjoy the fruits of your labor? At the same time, Kiyosaki's strategies teach a healthy mix of self-control and wise-investing.

This book isn't for everyone. If you are willing to learn a new way of thinking and are willing to take some risk and serious commitment to your dream in order to meet your financial dreams, then this book is for you.

If you want to play it safe and go the "tried and true" route, then don't waste your time on this book. The "tried and true" route is the one that keeps everyone else in debt and away from their financial dreams. If that's your way of thinking, I'd recommend saving your money on this book and putting it toward your retirement fund.

Rating: 5 stars
Summary: very good
Review: Very good. Read it. Live it. Refer to it.

This book will change your outlook on money and work. This is not a how to book, rather this is the what to do before you read a how to book. This explains how to expand the CONTEXT of your mind as well as the CONTENT in your mind. Very inspirational by making things that seem difficult to grasp appear to be a bit more attainable.

Just read it.

Rating: 4 stars
Summary: An appropriate INTRODUCTION to your financial education.
Review: I rated this book as four stars. I do not rate books 5 stars as that is indicative of [almost] near perfect...very few writings fall into that category.---This is a favorable book because it accomplishes exactly what it should-the author initially establishing himself with the reader. This book was not meant to go into great detail, but rather to introduce the authors basic philosophy-and more importantly..to prepare you for his more advanced books.-IF YOU ARE MATURE ENOUGH TO LEARN FROM HIS INFO INSTEAD OF GROWING TO ... WORSHIP HIM...YOU WILL GROW FROM WHAT HE HAS TO OFFER There are 2 types of people who purchase this book-and only two types-1)you will use his educational materials STEP by STEP to make REAL advancements-OR 2)you will become a great fan of the author, likely buy many of his materials...and use these materials to comfort yourself..never taking any steps to accomplish what he intended his readers to. ...Fortunately, 5% or so of the people that read what he has to say DO accept his criticism and put it to good use. Cashflow quadrant builds on book 1 and his new books continue to advance accordingly He is a very skilled teacher in that he makes learning fun...the DOWNSIDE to that .is all the people that are thus attracted to him with no intention on DOING anything.

Rating: 5 stars
Summary: GET A DEGREE? NOT INTHIS LIFETIME!
Review: I REally feel sorry for people who criticize the flawless ideas presented in this book! INstead of focusing on "how" the book was written or the story about his two dads, they should focus on "WHAT" he is actually saying about poor people and their industrial age thinking! QUICK QUESTION. WHats more important a college degree or a high financial IQ? People stuck with the same stupid, dumb, idiotic belief that college=success will say that a college degree is all you need. Poor souls i feel for them! College is a resume builder no more no less! It has nothing to do with being rich! WHy dont people see that? Oh i forgot, it probably has something to do with what their parents taught them, and what their parents parents taught them. Wake up FOLKS! MONEY CAN BE YOURS but only if your ready to LEarn the "RIGHT things" and not what school teaches you.


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