Helpful Score: 14
Robert Kiyosaki is a fraud with a documented history of lying about his background, his wealth, and his financial abilities. He advises readers to engage in illegal insider trading and tax fraud. Read http://www.johntreed.com/Kiyosaki.html for a pretty thorough debunking of his claims.
Helpful Score: 6
If you are worried about managing your financial future, then this book helps to put things in perspective. While there are many \"how to\" books, this one teaches you how to have your money work for you.
Helpful Score: 4
Interesting book and provides a different perspective on money. However it is your standard self help book with lots of stories that are supposed to motivate you but no real meat.
Helpful Score: 2
interesting yet frustrating. as always, it takes money (or time) to get the money train rolling.
Helpful Score: 2
This book slowly explains that you need to manipulate and take advantage of other human beings in order to be rich. I believe that this philosophy has proven successful, however, I also believe there are other ways to become Rich - not just by taking advantage of others - but by encouraging their personnel success and genuinely caring for them. Not just exploiting their lack of knowledge, skills and abilities.
Very interesting overview but no indepth information. It sets you up for a direction in order to be financially secure. Since it is the abridged version, I am not sure what was cut out. The information he provided was very helpful and set us on a course. would have like a little more detail, but I guess I need the unabridged version for that.
Helpful Score: 2
This author seems to prefer to make money by writing books which really have no substance to them. Look for financial info elsewhere.
Helpful Score: 1
Great primary reader for young investors.
Helpful Score: 1
Very interesting book on how to think about the process of making money. Probably very different from what most people have been lead to believe.
Helpful Score: 1
Author's voice is engaging.
Explodes the myth that you need to earn a high income to become rich
Challenge the belief that your house is an asset
Show parents why they can't rely on the school system to teach their kids about money
Define once and for all an asset and a liability
Teach you what to teach your kids about money for their future financial success.
Challenge the belief that your house is an asset
Show parents why they can't rely on the school system to teach their kids about money
Define once and for all an asset and a liability
Teach you what to teach your kids about money for their future financial success.
I personally didn't find anything of value in this book, and I don't think the average person would. I've also heard that the man who wrote this book has been involved in multiple scandals and there are ethical concerns with his methods.
I would suggest reading "Your Money or Your Life" instead.
I would suggest reading "Your Money or Your Life" instead.
Quick read. Good information to think about.
Though this wasn't my cup of tea, exactly, I know it helped some very close friends of mine learn more about their finances. This book, however, is no Idiot's Guide; it's a little more complex.
Not my favorite..but worth the read I guess. I think this dad got rich by writing a book.
What an excellent, clear explanation of how to make money work for you! I loved his comparison of how poor people think versus how rich people think. Throughout the book, this stark comparison made it obvious that initial sacrifice will have long term payoffs and confidence in the future, whereas instant gratification means long-term anxiety over the future. I wish this was required reading for all kids and parents.
I have listened to the tapes during my daily commutes and have heard the book in its entirety at least 3 times. The tapes are separated into 2 parts. The first part is a financial biography of the author, Robert Kiyosaki, who walks the reader through the lessons he learned as a child growing up in Hawaii from his "rich" dad. His "poor" dad is his biological father who keeps to the same wisdom that most of us adhere to - get educated, join a company with a good paying job, buy a home, and pay the taxman and lenders accordingly. The author's "rich" dad is the author's best friend's father who is rapidly building a financial empire of various investments and businesses.
The second cassette provides more detail about how the rich "make money" as opposite to the middle class and the poor "earning money". He goes into details about the concepts of assets VS liabilities, taxation, corporations, and the mind set needed to move away from the proverbial rat race.
Overall, the book does a good job in providing sage advice and stories to enhance the points that he makes. I do not completely agree with everything the author puts forth and if one has read "The millionaire next door", one will find some minor contradictions. For example, most real millionaires have made their money through good old fashion labor and by living below their means. "Rich Dad, Poor Dad" takes on more of a Donald Trump style of making money by passive investments. Still, Kiyosaki's has some great incite and I will end this commmentary with what I have taken away from the book - "Work to learn, not work to live"
The second cassette provides more detail about how the rich "make money" as opposite to the middle class and the poor "earning money". He goes into details about the concepts of assets VS liabilities, taxation, corporations, and the mind set needed to move away from the proverbial rat race.
Overall, the book does a good job in providing sage advice and stories to enhance the points that he makes. I do not completely agree with everything the author puts forth and if one has read "The millionaire next door", one will find some minor contradictions. For example, most real millionaires have made their money through good old fashion labor and by living below their means. "Rich Dad, Poor Dad" takes on more of a Donald Trump style of making money by passive investments. Still, Kiyosaki's has some great incite and I will end this commmentary with what I have taken away from the book - "Work to learn, not work to live"
Very interisting way to look at how we spend money and how we should not. It made me think about how I should be doing just that. I learned a lot.
I was surprised to find this book is written in a narrative style, which makes a complicated topic interesting to read.
Excellent book. Beware, he does advocate playing the stock market. Most of his other advice is amazingly spot on. So is your house an asset or liability?
great book
Great book! You will gain a greater understanding of how to make money work for you, instead of just you working for money.
After reading this book I became aware of how much more I'm worthty. so it's my time. please keep educating yourself about money.
This book really made me think differently about money and investing. Kiyosaki doesn't tell you HOW to make money per se, but he really does get you thinking about how money works.
Personal-finance author and lecturer Robert Kiyosaki developed his unique economic perspective through exposure to a pair of disparate influences: his own highly educated but fiscally unstable father, and the multimillionaire eighth-grade dropout father of his closest friend. The lifelong monetary problems experienced by his "poor dad" (whose weekly paychecks, while respectable, were never quite sufficient to meet family needs) pounded home the counterpoint communicated by his "rich dad" (that "the poor and the middle class work for money," but "the rich have money work for them"). Taking that message to heart, Kiyosaki was able to retire at 47. Rich Dad, Poor Dad, written with consultant and CPA Sharon L. Lechter, lays out his the philosophy behind his relationship with money. Although Kiyosaki can take a frustratingly long time to make his points, his book nonetheless compellingly advocates for the type of "financial literacy" that's never taught in schools. Based on the principle that income-generating assets always provide healthier bottom-line results than even the best of traditional jobs, it explains how those assets might be acquired so that the jobs can eventually be shed.
Good book, quick read, some good core concepts to employ
I was real excited about it in the begining, but in the end I didn't even finish the book. People are buying it like crazy still so he must be saying something right.
Excellent book, great ideas.
I have read this book and it has opened up my mind to gain a better understanding on how to gain my financial freedom. It just goes to show that a person does not need a college degree to become successful. Take Bill Gates, for example, he dropped out of Harvard. For those who are looking for a step by step outline on "how to become rich," then this book is not for you. This book helps people develope a strong mental foundation to prepare them for success. I truly recommend this book!
this book is very successful! i say this because it does work it worked for a family of member of mine and now they can afford a house that is worth millions of dollars! i recommend this book to those who take advice wisely and go with it.
This is really a great book to learn how to gain better control of our personal income and how we apply it to our lives. I also think that every child graduating from high school should have an opportunity to get involved with Robert Kiyosaki's teachings. It could make a difference in their futures.
Good read but not finished yet. Excellent money tips and advice.
Very well written and easy to understand direction on making money work for you.
Lots Of great information. All are reasonable solutions to reduce your debt and save money
A must read for anyone concerned about the financial future of themselves, their children or their family. Valuable and practical information.
Some controversy about the author, but an inspiring book whether fact or fiction.
I'm not rich yet but the book was fun amd entertaining!
Excellent book!
Amazing eye opener! Didn't realize how much I needed to learn! Totally motivating.
This is an easy to read book with sound advice told in an acceptable manner.
a story about his financial trials and advise to get ahead. I liked it very much.
Excellent read! Quick and to the point - very savy financial advice.
Amazon.com
Personal-finance author and lecturer Robert Kiyosaki developed his unique economic perspective through exposure to a pair of disparate influences: his own highly educated but fiscally unstable father, and the multimillionaire eighth-grade dropout father of his closest friend. The lifelong monetary problems experienced by his "poor dad" (whose weekly paychecks, while respectable, were never quite sufficient to meet family needs) pounded home the counterpoint communicated by his "rich dad" (that "the poor and the middle class work for money," but "the rich have money work for them"). Taking that message to heart, Kiyosaki was able to retire at 47. Rich Dad, Poor Dad, written with consultant and CPA Sharon L. Lechter, lays out his the philosophy behind his relationship with money. Although Kiyosaki can take a frustratingly long time to make his points, his book nonetheless compellingly advocates for the type of "financial literacy" that's never taught in schools. Based on the principle that income-generating assets always provide healthier bottom-line results than even the best of traditional jobs, it explains how those assets might be acquired so that the jobs can eventually be shed. --Howard Rothman
Personal-finance author and lecturer Robert Kiyosaki developed his unique economic perspective through exposure to a pair of disparate influences: his own highly educated but fiscally unstable father, and the multimillionaire eighth-grade dropout father of his closest friend. The lifelong monetary problems experienced by his "poor dad" (whose weekly paychecks, while respectable, were never quite sufficient to meet family needs) pounded home the counterpoint communicated by his "rich dad" (that "the poor and the middle class work for money," but "the rich have money work for them"). Taking that message to heart, Kiyosaki was able to retire at 47. Rich Dad, Poor Dad, written with consultant and CPA Sharon L. Lechter, lays out his the philosophy behind his relationship with money. Although Kiyosaki can take a frustratingly long time to make his points, his book nonetheless compellingly advocates for the type of "financial literacy" that's never taught in schools. Based on the principle that income-generating assets always provide healthier bottom-line results than even the best of traditional jobs, it explains how those assets might be acquired so that the jobs can eventually be shed. --Howard Rothman
Garbage. Complete and utter garbage
"What the rich teach their kids about money-that the poor and middle class do not!"
