Rich Dad, Poor Dad: What the Rich Teach Their Kids about Money

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Rich Dad, Poor Dad: What the Rich Teach Their Kids about Money

Rich Dad, Poor Dad: What the Rich Teach Their Kids about Money--That the Poor and Middle Class Do Not!
by Kiyosaki, Robert T.



Robert Kiyosaki reveals how he developed his unique economic perspective from his two fathers: his real father, who was highly educated but fiscally poor; and the father of his best friend - an eighth-grade drop-out who became a self-made multi-millionaire. The lifelong monetary problems experienced by his poor dad pounded home the counterpoint communicated by his rich dad. Taking that message to heart, Kiyosaki was able to retire at the age of 47. This book lays out his philosophy and aims to open readers eyes by: exploding the myth that you need to earn a high income to be rich; challenging the belief that your house is an asset; showing parents why they can't rely on schools to teach their children about money; defining once and for all an asset versus a liability; and explaining what to teach your children about money for their future financial success.

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    by happy0210
    May 29, 2019Top favorable review
    interesting but unrealistic too
    We bought this book several years ago on the recommendation of someone we know.. It was interesting. I bought it again to give to my grandson, but am rereading it to see what I learned the first time. It has some good points but it is somewhat not realistic Most people or a lot of people will have to work from someone else rather than being self employed and getting super rich. The main thing that I will take away is that most people are more interested in buying things that are not assets. Public education he says is not teaching financial literacy which is true BUT the public school is not supposed to teach everything, you can not undo what is taught at home

    Verified purchase: YesCondition: Pre-OwnedSold by: thrift.books
    by mfrost123
    Mar 10, 2021Top critical review
    Rich Dad Poor Dad
    Probably could share the message in 15 pages. In my opinion, there is too much fluff and filler. Basic message is to look for opportunities to make money and be your own boss. The underlying theme of the message is good. Again, this is only my opinion.

    Verified purchase: YesCondition: Pre-OwnedSold by: discover-books
    by 6l_q1VGTTyG@Deleted
    Nov 23, 2005
    Unusual Perspective on Money - Very Inspiring
    The first time I picked up the book I only read a few pages.... It sat for months before I started again. So I would have to say the beginning is a little slow. It also depends on whether you are interested in changing your life. At that time I was not concerned about my financial status and figured I was well enough off. When I finally read the book in earnest I found it motivational and inspiring although a little lacking in details. The ideas and principles taught can be life -changing if you are ready to accept a non-traditional viewpoint. Kiyosaki teaches against the doctrine of go to school, get a job, work hard for 30 + years and hopefully social security, your companies retirement plan, and your 401(k) will keep you above the poverty level when you retire. He ...

by Kwl2Db2pQHG@Deleted
Mar 12, 2006
how to understand the 'system'
This book opened my eyes to how the 'system'works to help the rich become richer and the poor to stay poor.It simply explains how those in power have deliberately 'rigged' things to benefit themselves, but if you are aware of the things that have been done you can use them for yourself to gain wealth.This is not a'get rich quick' book,it is more about deciding to use the laws the same way the rich do-start a buisness,save on taxes,invest in things that will increase your net worth rather than'spending'your wealth prematurely.No specifics on getting rich,but more about your attitudes;beliefs;and behavior's when it comes to money.My net worth has increased by 3x's since first reading this book(and the rest of his book's)about 4 yr's ago.I recomend reading them,just don't expect things to be ...

by neosimago
Dec 19, 2020
A read for everyone who wants to keep it super simple when it comes to making money work for them.
A read for everyone who wants to keep it super simple when it comes to making money work for them. The book spreads the experience of the author to compare his wealth experience be tween too fathers. With simple pictures, shows how one is able to accumulate assets, while the other feeds into liabilities. The argument which one's home is a liability is well versed, proving the need to acquire rental property and run it as an asset. The reading is smooth and quick, even my two year old is able to sit through it.

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