Rating:  Summary: Read this book with an open mind... Review: This is a book designed to provoke you into thought and action. It will almost certainly make you uncomfortable - it's really difficult to read that the home you've been paying on for years isn't really an asset. Those of you that have been working for years at a job, looking forward to that retirement package, thinking that "downsizing" won't happen to you - well, it's time to take a look at your "assets" and "income" in a new light.This book will NOT give you ideas to get rich quick. Instead, it gives you examples of what the author and his wife did. The book is written in a conversational style, it is not a text book. The author made much of his wealth in businesses that he did not have to run from day-to-day, and real estate, so most of his examples are drawn from that experience. He tells you that not every investment works all the time, everywhere. The message throughout the book is to "Mind your own business". The author does not tell you to quit your day job, he doesn't tell you to do what he did, he tells you what worked for him. He constantly compares his two dads because they provided a contrast for him - one highly educated, one not. One building his wealth so that he wouln't have to work so hard, and could spend more time with his family. The other working harder and harder, and spending less time with his family the more sucessful he became. This book does NOT belittle either of his fathers, it just gives a living example of two men working at their futures from different directions, and how it turns out for them, and what the author learned from each. There are life altering lessons there if you are willing to suspend judgement, and really listen to the words. While some of the author's methods may not work for you personally, there is a critical underlying message here: If you run your financial life as a business, whether you actually own a business or not, you will be further ahead than the majority of your peers. This book is worth the price many times over to anyone looking to better themselves - and their future - I can't recommend it enough !!!!
Rating:  Summary: I have a poor dad Review: I grew up with "money is the root of all evil" mindset drilled into me. Lately (after making some real money, of course), I've had a partial change of heart. Money itself is neither good nor evil. It's a tool. It can be a hammer or a sword. "Rich Dad, Poor Dad" is born from a mindset the opposite of mine, which is "money is a good thing". I bought this book-on-tape to try and understancd a point of view that I don't customarily ascribe to, so I could evaluate my own assumptions and predjudices. Mr. Kiyosaki's take on how the middle class and the poor view money is pretty accurate. Most of their (our?) financial decisions are based upon an emotional response: fear and/or greed. To really succeed financially, one must learn self-discipline. Absolutely, I agree. However, in lumping emotions into one pile, he fails to credit what most financially successfully people attribute their success to: The Gut. Instinct. Knowing deep down when to move forward and when to retreat. Mr. Kiyosaki also seems to have glossed over (either intentionally or out of self-delusion) the fact that his wealth building tactics exploit the disadvantaged. Even though he asserts (correctly) that our educational system fails to teach us the fundamentals of finance, in all probability his own fortune was built on the misinformed mistakes of others. He seems to justify it with the tired old excuse that the poor are poor because they deserve to be. From what I've seen, the real reasons are far more complex and insidious. At the end, to prove that he's really an ok guy, he reminds us that generousity is paramount to being happy and wealthy. Give and ye shall receive. Not that I disagree with this philanthropic philosophy, but I wonder how sincere he really is about this. After all, donations to charity make great tax write-offs. So overall, I'd say I learned a thing or two here about how the rich think and that may even help me build my own wealth. However, I don't plan on taking advantage of others. Of course, a bargain is a bargain...
Rating:  Summary: Give it a B minus Review: The short and to the point review of this book is it is basically a financial philosophy outline. I found no specific formulas, but I found an impressive attitude and mind frame for success. I highlighted 14 specific ideas. Heres the top 3. 1.Investment risk is always reduced if you love what u r investing in, understand it and know the game. 2.Wize business is working with and hiring individuals who are more intelligent than yourself. 3.Corporations are one of the biggest secrets of the rich. I think if the book had more specific guidlines for accumilating wealth I would have rated it higher.
Rating:  Summary: What is your philosophy on money? Review: I purchased this book with no real expctations of what I wanted to get out of it. While I did not find any recommendations for "get rich quick" schemes, this book did help me develop a better philosophy about money, investing, and life in general. After reading this book, I now have a better appreciation for life-time learning, what the pros/cons are of considering more "risky" investments, and what the benefits are of building your assets so you can get out of the "rat race" and into the "fast track."
Rating:  Summary: This will get you energized Review: I tore through this book in a few hours. It's well written, yet not rich in content. I thank Mr. Kiyosaki for sharing and Ms. Lechter for her editorial/writing skills. I found many of the concepts that Mr. Kiyosaki delivers in the book brought back old thoughts that I had when I first enetered the work force almost 20 years ago. After years of success and set backs I wish I had kept my focus on the thoughts that I had then and Mr. Kiyosaki reinforces in this book. If you are looking for a reson to kick start yourself towards independence from the rat race this is a very good reminder of why you need to do it and may give you the push you need to go for it.
Rating:  Summary: A crash course on wealth Review: This book is a must read for the average middle class american who has a interest in improving their finacial future. The author is an educator and it shows through in his effective presentation of the not so obvious way wealth is obtained. The principals in the book are simple and sound, and the average person stuck in the rat race needs to read this effective explanation about wealth building.
Rating:  Summary: An Inspiring Book with Outstanding Ideas Review: I feel extremely fortunate to have read this splendid book, Rich Dad, Poor Dad, during my first year in College. It will definitely help me throughout my financial responsibility and future. Rich Dad, Poor Dad is richly educational that explicitly displays strategies to "financial freedom." It defines the difference between class, "rich" and "wealthy." It introduces the vitality of having money work for you and not vise-versa. Most importantly, it highlights what not only middle and poor class does not teach their children but educational systems as well. Rich Dad, Poor Dad has a motivating touch to "common sense" in mastering and how to subdue money.
Rating:  Summary: Good Book to Get Started Review: Very good book. It gives a broad view of how to manage your money. There are many books out there that are either too broad and don't provide any info, or are too specific and don't take into account that people are in all different types of financial situations. This book, although it is broad, gives reference to many other books that are more "topic-specific" (real estate, personal finance, etc.). It allows the readers to look at different types of investment opportunities, find out which one is most feasible to them, and where to gain more specific information regarding the subject. Basically, the author says "There are many different investment opportunities. They are _____. If you want to know more specific information about _____, the book _____ is worth reading." Since reading his book a few weeks ago, I have finished one of the books he has recommended, and I am now on my second one.
Rating:  Summary: your words create your world Review: While I may not agree with everything Kiyosaki presents, there are some very sound principles to be found; for example Getting rid of negativity & You attract what you think & speak. While it may be easier to read Dale Carnegie, Zig Ziglar and others, this book and the others in the series are very good tools to help even teach your kids to speak positive and think positive. The radio and tv are full of NEGATIVITY limit their impact on you and your family. That seems like common sense but instead how many hours are wasted by their influence ... too many!! If you stop and think about, when was the last time you sabotaged your own success by negative thinking ? How many people do you know that always drain you with their negative stories ? How many people do you know that just tolerate their existence and don't do anything to improve their lifestyle ? Again, I'll agree there are many better writers than Kiyosaki, but this is really good stuff if you'll force yourself to concentrate and stay teachable
Rating:  Summary: Great points without the hype of a "secret strategy" Review: Most books written about building wealth are generally infomercials in print. This book, however, makes very good points without a lot of hype. Rich Dad Poor Dad shows a unique contrast between two key figures in the author's life. The book isn't just a motivational book, like an infomercial, and also doesn't just have some fail-safe plan to follow to riches. The author made the book concise, had excellent points that really made me think about my view on wealth-building, and still inspired me enough to try to change my financial course. I highly recommend this book to anyone sincerely seeking financial security and freedom.
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