Rating:  Summary: One of the Best Personal Finance Books Available Review: "Rich Dad, Poor Dad" is always one of the first books I recommend to my financial planning clients. By contrasting the financial principles he was taught by his rich dad to those of his poor dad, Kiyosaki manages to teach his reader the secrets of effective money management in an easy to understand and entertaining manner. Although Kiyosaki does make several specific recommendations, his primary emphasis is on general principles of creating wealth rather than the "how-to" approach of other books. The book also offers a large motivational benefit for anyone with an entrepreneurial interest. The one flaw in this book is that Kiyosaki advocates a relatively high-risk approach to money management that may not be suitable for every reader.
Rating:  Summary: The stand points of the author may not agreeable to everyone Review: It is easy to read but not really easy to understand. This book started with an interesting beginning introducing why the author wanted to be rich and how he figureed out the way he could be rich. This arouse my interest. Then, i have found most of the time the author reminds the reader to invest in assets and keeps reducing liabilities without explains it clearly how to achieve this point. The author emphasizes on investment strategy because he has won many battles in investing assets. However, i have found this mostly due to his fortune. In addition, his definitions of assets and liabilities are not clear because he used little example to explain the differences between these two. He discouraged people not to use the money they've borrowed from others to invest in assets. Yet, as i have seen, what he did in the book it's just what he told people not to do! Honestly speaking, his stand points were not consistent through the whole book. Those stand points may not be applicable in every country and in any period. Nevertheless, i can learn there is ways to get rich from the author. The pictures shown in the book also helped me to understand the cash flow well.
Rating:  Summary: Good info but . . . Review: The book was a good read and had good info, but for the most part, nothing really that isn't commonsense. (There were a few surprises, but not many.) Also, it really isn't applicable to me at this time in my life. I think the demographics are meant for someone a little older.
Rating:  Summary: What your financial planner doesn't want you to know Review: Hi, are you ready to change your life?Make no mistake, financial planners are great, but there are better ways to make money rather than making balanced investments and following a balanced liability-ridden lifestyle. This book will mercilessly challenge your perception of the financial world, show you how the money truly works, and advise you on how to get out of the dreaded "rat race". I wish I had known of this book about 18 months ago when I was making substantial excessive income sufficient to get me out of this game very fast. Alas, my brain was forced to work harder for less money. I was intuitively living the lifestyle of the author, and now he's given me the advice necessary to move forward at high speed. If you are of a contrarian state of mind, this book is going to look familiar. If you have the mainstream perception, be prepared to be beaten up severely for your misled beliefs. This is the first book in the series, therefore it has a very motivational feel to it. This book is cheap, buy it and change your life! I wish you good health and much prosperity, Leonid S. Knyshov
Rating:  Summary: A great first step Review: This book is a great first lesson in along the path of thinking and living financially independant. To some Kiyosaki's points may seem somewhat basic but most often a reexamination of these basics reveals things that you always knew you should have been doing but just never had time. Its a great first step in gaining the focus and balance required to make set a long term executatable financial plan. I'd recommend some just like this as a first step in the right direction.
Rating:  Summary: A good storyteller Review: I have heard Mr Kiyosaki speak, and I find him to be an interesting raconteur. Indeed, this book is full of great anecdotes, but I was hoping for much more detailed advice than what I got. This is a book geared at the American market. It contains a lot of investment and tax details applicable only to Americans, not for those from other continents like myself. For example, although it sounds very impressive, I have no idea what a 1031 tax deferred exchange is - or what it is supposed to achieve. Surely where instances of these terms occur, a re-write could have been done explaining the equivalents in other countries. At the very least, a glossary could have been included. This is fundamentally a very interesting book. It has sold millions of copies around the world, and I have one of them. My criticisms are few, but I do believe that it would be a better book if a few amendments were made.
Rating:  Summary: It's about time! Review: This practice blueprint for success was long awaited. Within these pages, Kiyosaki rises to the challenge of disturbing the mold of what society as a whole believes wealth building to be. Then he introduces sensible and doable strategies for obtaining the kind of success most people have longed for but just didn't have the tools needed to make it happen for themselves. Thank you for sharing your wisdom. I was homeless at 17 and I retired at 26, so I know what it means to disregard conventional thinking and just do what works.
Rating:  Summary: Provides a New Perspective Review: From this book I learned why some of my most educated friends are some of the "brokest" people I know. These guys have spent their entire lives in college "learning stuff" that has no bearing on their financial lives and wonder why that third master's degree isn't bringing the cash they want. As a capitalist at heart, I'm always looking for ways to understand the system and this book opened my eyes to why the guy who owns the grocery store down the street with little education can take is wife of 30 years on vacations after vacation and the "three-masters degree" guy is complaining about making ends meet. READ IT! You'll walk away with a new perspective.
Rating:  Summary: A readable first investment-book for teen's Review: This book gets five stars for readability. The style is conversational so fits people who dislike lectures. Not a recipe book. rather this is meant as the first of a series of books by the same author. This means you should expect little in content and much teasing about what can be done. See the list of recommended readings. DO PICK UP the book to see its recommended reading if you are more of a scholar type. Must give credit where it's due. I found several tidbits that were useful, and many ideas that were in my head but the author articulated them and crystalised them for me. the review is intentionally low to attract you to read on.
Rating:  Summary: Motivated Review: My husband had originally purchased and read the book, he was so inspired and excited by the information that I was encouraged to do so too (I purchased the book on cassette). I feel this book is written in a way that inspires you to do better for yourself and your children. While I will still encourage our children to get a good education - now I will also encourage them to be diligent in educating themselves about money as well. I am hopeful that my husband and I (with further education) can teach our children about money (assets vs. liabilities) by example. I will highly recommend this book to everyone I know that is interested in doing better for themselves financially. You should know that no one thing/book could ever be the answer, but this book is a great place to start and gives you a lot of food-for-thought.
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