Rating:  Summary: Rich Dad Poor Dad Review: I found this book to be very useful. More than simply entertaining, Rich Dad Poor Dad gives the reader an entirely new perspective on money. The book explains different ideas necessary to gaining financial freedom, and as the book states, get money to work for you. Through a series of personal stories told by the author, the reader gets a feel for the concepts that, while far from conventional, the author insists are key to financial success. One of the main features of the book is that, unlike many other financial books, Kiyosaki does not simply talk at you, but rater teaches by example. His use of personal anecdotes gives the reader a deeper understanding of the concepts offered, allowing the reader to get a firmer grasp of the ideas than would be possible were he to have written the book in another style. Although Rich Dad Poor Dad is different both in style and content than other financial books I have read, I found it to be one of the most helpful, entertaining, and insightful books I have come across in a long time.
Rating:  Summary: Rich Dad Poor Dad Review: I think Rich Dad Poor Dad was written very well and he gives great examples on how to become financially literate. I like how he went from the stories of when he was a little kid to a adult. I also like how he reiterates his points throughout the book. I wish he would have gone into more details in some areas but as a whole it was very good.
Rating:  Summary: A highschool senior's view on Rich Dad Poor Dad. Review: Thesis: The point of Rich Dad Poor Dad is to teach people the financial information that the antiquated school system is incapable of teaching. Kiyosaki made clear the difference between an asset and a liability, and the importance of knowing how to make assets work for you. He also focused on the idea of having money work for them, instead of working for money.Summary and Analysis: In Robert Kiyosaki's Rich Dad Poor Dad , Kiyosaki tells parents that the worst piece of advice that you can possibly tell your children is to go to school, study hard, get good grades, get in to a good college, graduate and find a secure job. Kiyosaki feels that schools are teaching students how to be employees, not employers. Kiyosaki teaches the reader through telling the story of his two fathers; his "Rich Dad", and his "Poor Dad." His real dad, the poor one, was a very well educated man. He graduated from college, earned a degree, and became the head of education in Hawaii. Even with all of his education he lived most of his life in poverty. His "Rich Dad", who was actually his friend Mike's Dad, was the one who provided him with an education on business success. His "Rich Dad" was a high school drop out, who was very financially knowledgeable and really knew how to make money work for him. Even though not scholastically educated, Kiyosaki's "Rich Dad" turned out to be one of the richest tycoons in Hawaii. Kiyosaki is able to provide business advice from many different viewpoints telling the reader which father's advice he chose to follow. Kiyosaki teaches many lessons ranging from "The rich don't work for money", and "Mind your own business", to "Work to learn-Don't work for Money", and "College education for $7,000." In his wide variety of lessons, Kiyosaki teaches us that a standard college education is not enough to be financially independent and prosperous. In changing times it is important to be financially literate. Kiyosaki truly teaches us how to make money work for us by making a lucrative asset column, and focusing on new investments in both property and stocks. This book really opened up a whole new outlook into business and investments for me. I had never really thought about the whole liability versus asset issue before, and never really realized how important a financial education is. Kiyosaki's usage of diagrams, as well as clear descriptions made the book very clear and understandable. I find myself thinking about possible investments and new business ideas because of the different ideas his book gave me. Rich Dad Poor Dad had a very big influence on me and has made me more financially literate and will make me more successful in the long run.
Rating:  Summary: Book Review Review: Rich Dad, Poor Dad, does an excellent job of clearly describinging how money works. Throuh the prespective of nine year old boys, grappling with the concepts of having money work for them. The ideas are presented clearly, in a manner that people can relate to. The book presents ideas, and concepts eveyone who earns money should be aware of. While stressing the importance of educating children about the powers money can have. The concepts, presented in the form of lessons, are easy to follow, and apply to everyday life.
Rating:  Summary: Anger Led Me to Buy This Book Review: And I am glad that I have read this wonderful book. Every where I went, I heard about this book. And for whatever reason, I kept saying, "Yeah, okay, I'll get to it." I do this because when I find a book, I must find it as part of my life's journey. It must call me as part of my solving some fundamental problems, in my life. And that definitely was the case with this book. Because I didn't have enough money to do something that I had my heart set on doing, I had lowered my standards to collaborate with someone who, as it turned out judged me, not by character but by color. And when I walked away from her, as I drove across town, I just had to find the answer. So, I bought this book. And in one day, I read my way to some of life's most fundamental answers. I received more than I expected. For example, as a freelance journalist, I often wonder about some books, and how they become best-sellers. Kiyosaki answers that. I also wondered what the rich tell their children that seems so much a part of the fiber of their being. Kiyosaki also answered that. This book, while philosophical and not a how to, is definitely an inspiration. Another point that inspired me, while reading this book is that Ray Kroc, of McDonald's became wealthy not because he has the best hamburgers, but instead because he believed that he is in real estate - and here in San Diego, with his widow making so many generous donations, involving land, we see the results of that focus. Read this book to become financially intelligent, and to leave a legacy.
Rating:  Summary: Rich Dad Poor Dad Review: I thought this book was very insightful. I liked how Kiyosaki broke down the reasons why the rich are rich and why the poor are poor; what steps are needed to succeed in business. The insights of the author are very interesting as far as how you need to make money work for you, and not work for money. I thought this was a pretty good book.
Rating:  Summary: Rich Dad Poor Dad Review: As a self-proclaimed guide to escape the "rat race" of financial pattern, Rich Dad Poor Dad merely regurgitates the same drawn-out information for the duration of 197 pages. With oversimplified lessons, and unfulfilling anecdotes, Kiyosaki, forms no true basis for his arguments. He is quick to generalize the efforts needed for success by reducing the issue of poverty to a character flaw. He discredits entirely the value of education, by encouraging one's focus to be directed solely on becoming financially literate. It is quite interesting that this type of book was able to make its way to #1 on the bestseller list without others finding such errors in Kiyoski's reasoning.
Rating:  Summary: Excellent Read!! Review: I thought Kiyosaki did an excellent job with this book. Most subjects are vague, and could be more informative. I found myself wanting to know more about certain aspects that weren't fully covered. However, this book has a lot of good information. I was extremely pleased. It's not a get rich quick book, it's about training your mind to become financially diciplined. Kiyosaki lays a solid foundation for you to embark from. I am definatley reading his next book...
Rating:  Summary: Great book on teaching you the only way to be rich Review: Yeung Shu Wing City University of Hong Kong This book teaches you how to manage your money by illustrating a simple and true story of the author, thus it is very easy to read. There are three main characters in the story, they are rich dad, poor dad and the author. Poor dad is the father of the author, he is with high education level and with a stable job but he always fall into financial problem. While poor dad is the father of the author¡¦s friend, although he¡¦s only a college graduate, he becomes rich. The author began to learn from his poor dad when he was 9 years old, and he finally becomes rich too. The author points out that high education level, hard working are not the necessary factors of being rich. On the contrary, the only way to be rich is to let money works for you. In the book, the author introduced some of his own theories on Finance, although some of the theories are different from those academic theories, they were make sense and easy to understand. The author brought in the most important idea: everyone should carefully manage his/her own Balance Sheet. In which we should try to increase assets in the Balance Sheet by purchasing assets that will create and generate value, such as shares, bonds; At the same time, decrease liabilities by buying less assets that will depreciate over time, such as premises, cars. The author explained that if you buy in assets, they would generate assets over time. On the other hand, when purchasing liabilities, they would make people falls into risk of working for money and repaying debts. If you look at this book, you will definitely know how to balance your Balance Sheet. This book is totally different from books that teach you generate wealth, it teaches you financial knowledge instead. Hence the earlier you read this book, the earlier you know the way to manage your money and to be rich.
Rating:  Summary: The THEORY of financial intelligence Review: I think that one thing above all should be made clear about books of this type: IT'S ALL THEORY! Outside of a few anecdotes there isn't one shred of practical advice on HOW to build wealth beyond Kiyosaki's pep-talk on changing your attitude toward money. While the advice he gives on how to restructure your mind-set is true, it's nothing that a critical thinking, intelligent individual can't figure out on their own. I do recommend this book if you still feel like your searching for answers to your financial dilemmas, but not if you're looking for specific techniques on how to aquire wealth. In the later case this book will end up simply reinforcing your own conclusions while offering a smattering of good ideas to add to your intellectual and financial arsenal. The fact is people like Kiyosaki are cashing in on the information economy by publishing information, a fact he touches on in his book. Good for him!!! However, the information he provides is fairly shallow and obvious, but that doesn't mean it's without merit. I'm not trying to be one of the cynics Kiyosaki refers to in his book; I'm simply offering an objective opinion to the content within.
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