Rich Dad, Poor Dad

Rich Dad, Poor Dad

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

Book - 1998
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Robert T. Kiyosaki learned early on that the real reason the rich get richer and the poor get poorer fix the financial savvy passed down from one generation to the next, rather than the money itself. RICH DAD, POOR DAD uses the author's two "fathers" -- one, an entrepreneur who mentored Kiyosaki, and his real father, an academic -- as models of two starkly different approaches to finance. Kiyosaki's many insights for individual investors include: -- How to raise capital for investments without going to the bank-- Why a high salary alone can't create real wealth-- Why "study hard, get good grades, find a secure job" is the most dangerous advice a parent can give
Publisher: Paradise Valley, AZ : TechPress, c1998.
ISBN: 9780964385610
0964385619
9780446677455
0446677450
Characteristics: 182 p. ;,23 cm.
Additional Contributors: Lechter, Sharon L.

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d
denn2003
Jul 24, 2018

Kiyosaki's Rich Dad Poor Dad has helped a lot of people worldwide get into real estate and succeed. I have never bought any of his seminars or CDs, but I think the book offers tremendous value in the change of mindset.

Nobody is being forced to purchase a seminar or CDs, and only do so if they want to learn more or need self motivation. I personally would not purchase the expensive stuff, as there is more to self-education and free information online.

i
illy
May 22, 2018

Chapter 1 was great. And hilarious. The author learned about money by getting practical real life experience at a young age.

When the author was a kid, "I stood there, still not believing what a raw deal I was handed. I came to ask for a raise, and somehow I was (now) working for nothing (instead of 10 cents an hour). I didn't tell my poor dad I wasn't being paid. He wouldn't have understood, and I didn't want to try to explain something I didn't understand myself."

c
colehuffman
May 18, 2018

This book seriously changes the way you see money! It isn't a book with an answer of 'how to do (x) to get (y)", but more so a book which talks about viewing money from a different perspective. As others said, this book would be a great read for any person to set them on a good financial path.

g
grahamdl
Apr 09, 2018

This is a book about finance written by someone whose main qualification seems to be selling books, seminars, videos etc. Some limited motivational value but no real financial guidance. In my opinion this book contains bad advice and some of the advice he gives is borderline unethical. Turns out as well what the author calls a “true” story about his two dads is really fictionalized. The more I read this book the angrier I got at its paternalistic tone, and it’s misleading, “get rich quick” perspective. If you read this book do your own research before you buy what he is selling.

This book changed the way I think about life, work and how I spend my time. It is not a How To guide, but the switch that will turn on the light and let you see how you may have been programed.

I quit my job and have happily joined the E/I quadrant where I make the rules and my upside is unlimited.

Eric
844-696-2265
https://www.thewealthfoundation.org

j
JDUBZZZ
Apr 03, 2017

It has some good advice for a beginning investor, but the rest of the book is completely anecdotal and at times contradictory. The book is bait to get you to a seminar. It should be said Mr. Kiyosaki's corporation went bankrupt due to poor financial planning. If you read the book, do your homework and take a look at what others are saying about it. Be sure to look at other financial philosophies as well.

a
artisticvamp
Jan 10, 2017

Though there are some elements of truth to the ideas in this book, they are drowned out by the author's obsession with making money. In this book there are ways that do seem logical to make money, if you are willing to sacrifice your connections to true family and friends. Kiyosaki's focus on connections that will gain your riches seems a recipe for ensuring a lonely life. If you prefer money to friends, this is the book for you.

m
mengsta
Jan 05, 2017

I highly recommend this book for first time readers on financial independence and/or entrepreneurs. Its a very easy read and is an excellent first step before you dive into the more heavy books in this genre. The way this book is written is like a friend talking to you. Robert did an excellent job in this book and brings up a lot of points that are easily agreed upon, but not really taught in the school system. He helps you look at money in a different way.

Just want to point out that Robert has several "Rich Dad" books. Ive read a few others, but wouldn't recommend them like I do this one. The first of his books is the best one in my opinion.

j
JJasperson83
Sep 24, 2015

According to LPL, this book is on hold, but it doesn't say anyone is waiting for it in my checked out page like it does with other items I have checked out that are on hold. Odd...

Cityballa86 Apr 25, 2015

The book brought about a lot of insight into how to effectively manage ones own finances and ways to grow money and make it work for you. Financial literacy is never taught in school and this book is the class.

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lathamdtcutie101
Mar 11, 2012

lathamdtcutie101 thinks this title is suitable for between the ages of 13 and 99

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