books:
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Rich Dad, Poor Dad (Rich Dad)
Robert T. Kiyosaki
Time Warner Paperbacks
, 2002 - 224 pages
average customer review:
based on 2185 reviews
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highly recommended
This guy knows what he's talking about
I wont go into the details of this book since Im sure that by reading the thousands of reviews on here your either by now interested or not. With that said, Robert Kiyosaki has predicted everything that is happening right now many many years ago with the financial crisis from Wall St to Real Estate crashes, everything. This guy knows what he is talking about.
Now he is on a mad crusade speaking in cities on how you can benefit in this type of market.
A gift for you and your kids!
I had heard of this book before, but "assumed" it was a book on working hard, saving and being financially responsible, blah, blah. I was so wrong and so pleasantly surprised that it was nothing like that! It was much better than I thought and I'm so glad to have read it! I discovered I'm a mix of
rich
dad
and
poor dad
, but definitely now have a better idea of what it takes to become a rich dad and have already started down this path. Having two teens to share this with over time is going to be fun and rewarding too. I've already offered my son (19) $3k if he researches and opens a stock trading account. That's when he said "yeah, I'd like that. Did I tell you I finished 3rd in my HS class in the stock trading contest last year?" And my daughter is doing the same stock trading contest this year in her HS class and she told me on Sunday that she's "short" a stock considering the market. Wow!! This book is just the spark that I needed to confirm what I need to continue doing working toward being a rich dad and also how to encourage and support my kids in their efforts. I just bought the next book...cash flow quadrants...can't wait to dig in!!
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APPLY THIS TO YOUR LIFE!
If you want to be
rich
, start by asking someone who is!
I enjoyed Robert's book and recommand it to anyone who wants to get their finances straight and start accumulating wealth. It's a simple concept that most of us know-but we sometimes need that "ah hah moment" for us to start doing it.
This book is great for anyone that doesn't like the "boring" statistical business/investing books, because it explains the ideas through a story. Robert references the book, Richest Man in Babylon-which is a great book to pair with Rich
Dad
,
Poor
Dad because it identifies the strategy of "paying yourself first".
In this book the phrase, "Everyone wants to go to heaven, but know one wants to die", was used to reference how everyone says they want to be rich but no one wants to do what they have to become rich-they want it handed to them. We all know that doesn't happen! This phrase really connected to me and I applied it to more than just my finances but really my life and how important it is to go after what you want. So often we put things off in our life "until we have the money",(kids, marriage, school, business). In most cases you have to take a "little risk to get a gain", or it passes by us.
I highly recommend this to anyone that might need that little extra push. Have a plan and go for it!
Enjoy the book!
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Tip Of The Iceberg
For me this book started it all. My Mother-in-Law sent this book to my wife to read, I took it and consumed it in 1 day. I've never read a book so fast. This book changed the way I view money and business. I have read hundreds of business books since, but they all started with this one.
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Rich
Dad
,
Poor
Dad chronicles the story of the authors two dads, his own father, who wa the superintendent of education in Hawaii and who ended up dying penniless and his best friends father who dropped out of school at age 13 and went on to become one of the wealthiest men in Hawaii. Kiyosaki uses the story of these two men and their varying financial strategies to illustrate the need for a new financial paradigm in order to achieve financial success in the new millennium.
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