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

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	• Rich Dad, Poor Dad: What the Rich Teach Their Kids About Money--That the Poor and Middle Class Do Not! Robert T. Kiyosaki, Sharon L. Lechter Business Plus, 2000 - 207 pages average customer review:based on 2200 reviews view larger image
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highly recommended

Rich Dad Poor Dad

This book is very informative and I feel very well written. It has been very beneficial for me and I have used the many tips to advance myself.
I can't wait to read the rest of Robert Kiyosaki's books

Rich Author, Poor Reader

In his debut book, Robert Kiyosaki launches his "class="textlinks">Rich Dad" brand that now gets him an easy several million whenever one of his "Team mates" writes a spin-off book and Kiyosaki slaps his gold and purple logo on it. I'm not trying to sound cynical. I admire Kiyosaki's business savvy and ability to turn one book into a financial education empire. This should be evidence enough about Kiyosaki's financial intelligence

Kiyosaki's writing style is very informal and his grammar structure is often weak. I'm not sure if this is because he is a poor author, or does this intentionally to appeal to a particular audience (American middle class?). Instead of simply stating his message, Kiyosaki uses a simple allegory of his Rich Dad and his Poor Dad. His Rich Dad obviously represents the higher upper class and his Poor Dad represents everyone else - from the GED blue collar to the M.D. and Ph. D.

Kiyosaki offers some general financial tips such as pay with cash instead of credit, buy assets instead of liabilities, etc. However, he offers very little practical advice and instead ops to inspire his readers to think for themselves. I think this works to Kiyosaki's benefit in two ways:

1) This helps motivate the readers to continue their long term financial education instead of settling for get-rich-quick schemes.
2) It protects his credibility by being vague. If he were to say, "Buy XYZ stock." and people lost money on it, they would blame Kiyosaki instead of admitting it was their own fault for blindly following his advice.

The biggest reason this book is so popular is that it gives the reader a whole new perspective on money. Kiyosaki's biggest argument in the book is about our country's lack of financial education in schools. We go to school so that we can get a good education. We then apply that education to get a high paying job. Once we get that high paying job, we work tirelessly to get raise after raise. The ironic part is, once we get our paychecks, we don't know what to do with the money. This vicious cycle is what is causing our nation and its citizens to dig deeper and deeper into debt.

Definitely give this book a read. It will change the way you think about money.

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

BEST book I've read in years. Great advice in Financial life planning and life in general. Definitely a must read. Just buy it and you will buy more for your family and friends.

You Can Do It Too!

I have seen Robert Kiyosaki speak and his is one of the most inspirational success stories of our lifetime. An incredible teacher and mentor, and reminds us all class="textlinks">that we can do it to!

Sally Shields, bestselling author of, The Daughter-in-Law Rules, 101 Surefire Ways to Manage (and Make Friends with) Your Mother-in-Law!

reviews: 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, page 14, 15, 16, 17, 18, 19, 20

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