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Rich Dad, Poor Dad: What the Rich Teach Their Kids About Money--That the Poor and Middle Class Do Not! Book

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Book By: Robert T. Kiyosaki, Sharon L. Lechter


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Sales Rank: 58; Release Date: 01 April, 2000; Media: Paperback


Customer Book Reviews
Average Rating: 3.86 out of 5 stars

Rating: 4 out of 5 stars - Everyone should read this.
It is unfortunate that in America, the greatest nation in the free world, few people including those with high incomes understand the value of investing and the proper use of money strategies.You can live off your income, but you can't get wealthy off your income. Wealth is the result of using principles such as are in this book.I also strongly recommend "Millionaire Next Door" and for managers and leaders, read"Direct from Dell" by Michael Dell. Great books.



Rating: 5 out of 5 stars - Great book for the the teachable
I can really relate to this book; my parents were very much like RTK's "Poor Dad" in every way and I wasted a 1/3 of my life believing what success was in education and a job.This book came just in time. I also listen to the tapes in my care.I also strongly recommend the other Rich Dad, Poor Dad books especially Real Estate Riches, CASH Flow Quadrant and Rich Dad's Guide to Investing...Charles Schwab knew something a lot of other people didn't (read his biography)

The most annoying thing about the book, for me, was the storytelling in the first two chapters. The same theme is repeated about 6 times, when once would have been enough for someone who is reasonably intelligent and doesn't have lots of time to spare. Eventually I started to skim. I'm sure Kiyosaki's second book could have been condensed into these two chapters instead, but his publisher saw an opportunity for extra profit.

All of that having been said, everyone who's serious about making some money needs to start somewhere, and this is where I began. The book reviews the basics, points you toward more tools for learning (not all good - read the reviews on "Inc and Grow Rich"), and for me, started me thinking about real estate investing. But again, if you're serious, you'll need a lot more ammunition before you're ready to begin pulling the trigger. Happy hunting.



Rating: 5 out of 5 stars - Powerful, life changing program
A few months ago, I was working in sales for a B>B Business Group. I followed Mr. Kiyosaki's advice and started investing my money in passive income. I bought some equities, a rental or two and started a home based business.

While my colleagues spent their checks and worked for ThankGodItsFriday and cheer for Wednesdays because it was "hump day" and yell hooray for the weekend, and then made wise cracks about my goals. I invested, left that company over 6 weeks ago and am now full time in my own business. Meanwhile, my colleagues were recently served notice that their company (my former company) is laying off 150 people!

Thank God for Robert Kiyosaki.

 


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