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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: This is not an accounting text.
Review: I loved it. If you want an accounting or economic text you're buying the wrong book. If you want investment advice, he has other books. This book is about redefining how you THINK of money. If you've already read a get rich quick book, you'll be disappointed because he's not going to give you a roadmap; he defines the barries that will stop you.

I am a CPA and I've noticed that most of my clients who are doing well follow the principles in the book. It's pleasure reading, but it makes money planning digestible. It's a motivator and provides clarity for what most of us already know.

The book focuses on a change in our definition of sucess and wealth to being financially free not to work if we didn't want to.

It focuses on a change in mentality from an employee who will almost always be capped in their earning abilities. It's the concepts he presents that are important. He does reiterate them, but I believe that's part of the motivation.

I send the books to lots of my friends.

Rating: 1 stars
Summary: I'm returning the book
Review: This was just another way for him to be rich and us out of 14 bucks. Everybook has a bit to offer and give you idea's. His book just repeats itself, and his life story's condridict themseleves.

He keeps talking about how to be rich, but he doesnt state what he did. Hes' really vague about what he did to make money. he states he likes to buy books and get ideas and formula's to make money. And his book offer NONE....The whole thing is we are part of one of his other formulas to make money..

I think the best books are people who truly write to contribute their knowledge, but not thinking about typing something up and seeing if they can make it big...as this book does...if your skeptical buy it, read it, then return it.

Rating: 5 stars
Summary: Mind Blowing!
Review: I can't believe when I was reading reviews to see ANYTHING but 5 stars from this book. This is by far the best book on the truth about money and the rich I have read! Anyone who wouldn't like this book is poor and will stay poor! Period! BUY IT, It will change your thinking for life!

Rating: 2 stars
Summary: inspires then disappoints
Review: When you first read through it even as you reach the third chapter, you realize that the author is redundant. He inspires slowly. He tells you that you don't get financial literacy in school but later tells you a chapter later that a valuable lesson his friend learned on business was when attended a talk as an MBA student in UT-Austin.He tells you to invest only on assets-things that will add to your income then he tells you his wife just bought her dream mercedes.I have a mercedes but I'm still waiting for it to make money for me .Hey , wait! what if I use it as a taxi cab and drive my mercedes?

He tells you to own businesses but then explains-that you may not be the type who should start a business. So instead be a venture capitalist and invest in start-ups.Well its 2002 already and we do not know anymore where the hot dot coms are now.

He writes about the lessons like invest in stocks (Never advises you which kind of stocks to invest in).Invest in real estate( but never advises which kind or where... Kandahar perhaps?)He tells you to be financially literate over and over but in the end doesn't tell you exactly how. I'm almost halfway through the book when the most meaningful advice I got was a quote from McDonald's chief Ray Kroc.

Catchy title,poorly written . I just want my money back

Rating: 1 stars
Summary: Reruns of old get-rich themes
Review: Why is this book so popular? It is mostly a rehash of the tired themes of "get rich in real estate" and "dodge income taxes through incorporation". This book touches on several complex topics, but isn't prepared to discuss them in reasonable depth. Instead, these complex topics are sandwiched between frequent exhortations to the financially downtrodden reader to free themselves! While some tactics, like the 1031 exchange, can be quite useful, others can imperil the unwary. Running personal expenses through a corporation is not a tactic to mention, then dance away from; it can border on "tax audit roulette", which is a game competent advisors will not play. If you haven't bought this book yet, I suggest not doing so. I think your valuable time will be better spent if you engage the services of a trustworthy team of financial advisors (CPA, insurance agent, broker, attorney) who will help you achieve your personal goals with a legally sound plan that makes economic sense in your circumstances!

Rating: 4 stars
Summary: An eye openner
Review: It was interesting to read about how money making is easy if you change the way you think about money. He puts his focus on the difference between the Rich Dad's and the Poor Dad's beliefs with many examples from his life experiences. Although he is repetitive, his points are made clear. It is filled with a lot of common sense, which lets you realize how to make use of them. Read this book and it will change the way you think about money.

Rating: 2 stars
Summary: rich dad....and poor idiot that bought the book! ha!
Review: This book makes some good points about money. But,the book seems more reared toward children age 8-17 that any adult. Yet, im sure many adults could learn from this book. overall this book was a little boring; and seems very fabricated at times. I probably could have written a better book about money over a bathroom break. The book seems to stress that education is not very important, entrepreneurs are rich, and everyone is poor and useless. I disagree! Being a budding entrepreneur myself i see the benefit of a formal education on a daily basis. The networking, social skills, and basics in all aspects of business(which every entrepreneur should know...accounting finance etc.) are gained from formal education. Sure, common sense is not. On that note i must agree with the author. But to condemn education so, i find it hard to digest.

Rating: 5 stars
Summary: Excellent Points on Teaching Financial Principles
Review: This book excels in pointing out how our current educational system and many parents fails to teach sound economic and financial principles to kids. I have several friends who related very much with the kid with the "poor dad". They were never taught any type of basic financial principles, and it was evident in their lives. This book helped to change that around for them, and for myself. I strongly encourage reading this book!

Rating: 5 stars
Summary: The rat race keeps you running in circles for life...
Review: Well written, easy to read book written in a parable form of stories from the author's youth. The author's father was a successful person who worked and spent money like the majority of americans. Ultimately, like most of us, he didn't have a lot left over to show for all of his years of earnings. The author was taken under the wing of his friend's father who was rich. Through instruction and examples he shows the author why we get caught in the rat race and why we are conditioned to not question it.

This books makes you ask a lot of questions about why we make the decisions we do about careers and money. Our society trains us to get trapped in this work - spend - work - get a raise - spend more - bigger house - work harder cycle. The book defines the true meaning of an assett and a liability. The author made his money through real estate. American's view their home as their biggest assett, when it really is their biggest liability. The true definition of an Assett is that it makes you money or atleast pays for itself. Our need for a home in that "exclusive" neighborhood and all the trappings that come with it, can rob us of the chance for financial independence. Take the advice of this book: Don't get caught in the rat race, set up your income stream and accumulate your money first then you can truly enjoy those rewards and not fear losing them.

This book really made me think.

Rating: 3 stars
Summary: Well-presented trivialities are an actual asset
Review: Having just been this book a bestseller, when I happened to read it I was very curious about the subject. But I have been quite disappointed by its content. Nothing more than a general autobiography, with some use of elementary economics terms (which can be a bit useful to non-english readers), the general level of the book is comparable to what you can find in many web sites. Not a hint can be found about the real problems and difficulties you meet setting up an activity of your own, and the text deals meanly with what people knows yet. However, I have assigned three stars because it is an easily readable item, and its general meaning, whatever trivial, is undoubtedly true. In a chapter, the author affirms to be a "best-seller", and not a "best-writer". I do agree with that statement.


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