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Summary: A unique view to gaining financial independence
Review: Brilliant... Kiyosaki opened my eyes. I searched for a method to realise my financial dreams. Rich Dad, Poor Dad, provided me with the insight and vision.Rich Dad, Poor Dad preempted me to read more into financial planning and tax law. I arrived unemployed in a new country and could not help but notice the mass marketing thrown in my face to BUY, BUY, And BUY. Spend money, not even on "real" assets. Kiyosaki is right, take ownership of your own finances. Learn as much as you can to assist yourself financially. Don't succumb to the mass influences.
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Summary: It can change your life
Review: My Dad told me about this book, and for a good reason. I'm 33, divorced, and have not a thing to show for it. After reading Robert T. Kiyosaki's book, I have made drastic changes in the way I think and feel about money, work, time-management, and my dad. This book hits things right on the "money", and opens your eyes so that you can see the bigger picture and begin to make serious changes. The book is extremely easy to read and follow. And if you have an open mind, you can allow it to transform your way of thinking to start you on the track toward financial success. I highly recommend it to anyone who is ready to hear and to believe that the old ways are out and it's time for a new way of teaching, learning and living with money.
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Summary: Audio version better than the book
Review: I first started out reading the book, but I got frustrated because the author did not get to the points fast enough. Not wanting to waste my time, I rented the audio version of this book. What a relief. I enjoyed much more listening to Rich Dad, Poor Dad than reading it. The book is really a story that can be listened to during your commute. At this point, I will use the book as a reference book for review.
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Summary: Rich Dad Poor Dad
Review: This book is so inspirational. I absolutly loved it. I would recommened this book to anyone with ideas of self-improvement. The format of this book is great for all types of readers. I am very anxious to read the next book.
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Summary: great book!
Review: I just read the reviews, but am disappointed on what they wrote. People should be more open and listen. You may disagree, but Mr. Kiyosaki's point was made. Look at him, he's a self made millionaire, and if you want to be one, open your mind and read what he has to say. I read the book twice and I think it's a great guide for anyone who wants to be financially free and be rich!. It inspired me and made me want to be more financially literate!. Thanks Mr. Kiyosaki. Hope to chat with you one day. :)
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Summary: Not worth the money....
Review: This book is not what I expected. This isn't to say it doesn't have good points, but, it took a couple hundred pages to explain elementary concepts that really could have been summed up in 20 or 30 pages. Many of the financial ideas brought across are very broad in nature. The major concept is to build assets, reduce liabilities, use a corporation to legally reduce taxes, and to never stop trying. There were so many pages of 'fluff' that you could skip four pages and not miss anything that the next page didn't repeat. I felt like every chapter had the same point, but different heading. Overall, it's a good read to get you thinking, but I'd recommend borrowing it rather than owning it.
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Summary: A very different perspective
Review: I have a different perspective on the value of this book. The two stars are earned because it is a wake up call for the masses. Why is it that in the United States the large majority work for the small minority? This has been a land of opportunity for many, yet most of us do not pursue our own living, we work for others. This book asks us to think along these lines and question that within us that stalls us. I am puzzled as to why exactly this book is a best seller, yet I must refer to the book itself for the largest possible reason; marketing. The book talks about sales and marketing. Perhaps one day we (you and I) will be intellegent enough to purchase merchandise based on VALUE, as opposed to the sellers ability to market a product. I feel that this book is insulting. The book is written as if "poor dad" has all the dysfunctions, and "rich dad" has all the real important answers. "Rich dad" is somewhat of a hero. My feeling about "rich dad" is that his fervor for wealth influenced his treatment of others (specifically his employees). Even if it may be true that his employees would work for anyone for low wages, that these people had little self-respect--that in no way gives licence to "rich dad" to pay the lowest possible wages for the sake of the highest possible profits. This is a great psychology book. This book is the psychology of oppression written by the oppressors. This book is the argument for capitalism. I do not need a book of the argument for capitalism. My country is the result of that argument, and there are many aspects of this countries' capitalism that are far more dysfunctional than the sum of its typical citizens. One day we will learn how poorly we have been as our brothers keeper. Folks, we treat each other like s***. The two stars are because this book points out how we treat ourselves financially. It did not earn the other three because the book itself is the evidence of how we treat each other.
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Summary: A Good Book for Beginners
Review: This is a great beginners book, it provides the groundwork, but it doesn't go deep enough. It would have been helpful if the authors, one of whom had an accounting background, provided some pointers for folks who need the basic how-to's of financial planning and management.
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Summary: Infomercial disguised in a book.
Review: This book has some good ideas, but it seems to be more of an infomercial for the author's $300 board game. NO board game is worth $300! Give me a break!
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Summary: Best Book to Read First When You Start Investing!
Review: I get hundreds of e-mails a year from new investors who want to know how to get started on a profitable path. I always tell them to begin their reading list with Rich Dad, Poor Dad. Then I tell them to go on to Cash Flow Quadrant. Even if you are an experienced investor, there are important lessons here that you may not yet be following. Take a look! The title of this book is a little misleading. I thought that this was going to be a survey-based study of millionaire parents versus nonmillionaire parents. My mistake! Actually, the premise is more personal and intersting than that. Mr. Robert Kiyosaki compares the financial and career advice (study hard, get lots of education, go the for secure job) from his poor Ph.D father with the advice the 8th grade drop-out rich father of his friend, Mike, gave him (get your money to work for you, become financially literate, develop your own business and investment opportunities, learn a little of a lot of things, use corporations and tax breaks to reinvest more into cash producing assets, and work at what you enjoy). The story is wonderfully told, and one worth passing along to your children and grandchildren. For those who don't understand why this is good advice, Sharon Lechter has done a nice job of creating schematics to show how cash flows can grow or dwindle, based on how you allocate your income. This is the simplest effective explanation of the point of cash compounding based on its application for all of a person's spending that I have seen. Although I am good at math, I suspect that people who are not good at math will get the point, as well. The main difference between this book and the typical investment books is that it provides some tangible sense of why cash flow producing real estate does you more good than owning your own home. With real estate net worth at an all-time low versus the stock market net worth in the aveage household and interest rates soaring, we are probably approaching a superb time to be doing some low-cost real estate investing. Every other investment book will be all about stocks, and ignore real estate. Naturally, I fell in love with the book when I realized that the authors shared my philosophy of overcoming 'stalled' thinking. There is an excellent chapter on stalls related to fears of losing money, behaving differently than others, and so forth that most people have about money. The stallbusting advice is sound. In fact, this is probably the best chapter in the book. Whether you think you need this book or not, read it anyway. You'll probably get a few ideas. For sure, you'll become much more adept at formulating the advice you pass along to younger people. Also, you'll have found a good book to help those you care about become much more financially savvy and effective. Invest, build your after-tax cash flows, reinvest, and grow rich!
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