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

while i knew a pretty fair amount of the basic information kiyosaki put in this book, there are an alarming number of people out there who do the exact opposite of the guidelines laid out in "rich dad, poor dad". just because you may fancy yourself a financial genius or just generally smarter than the average bear, it's worth keeping an open mind about how to think about your money.i have a MANY friends that i graduated college with who are in deep credit card debt in their early to mid thirties. the kind of debt that could buy or put 50% down a house in the midwest. none of these people are "stupid" and a most of them make a great deal more the average american (3 to 4 times). the reason they're in debt can be directly attributed to the way that they think about their money and how to manage it.if you have successfully started your own businesses or already have assets that more than cover your expenses, you don't need to buy this book to begin with. spend your fifteen dollars on another asset. LOL. but don't for a second believe that this book couldn't be useful to a lot of other people.the reason this book has gotten a good review from the majority should be an indication that this information isn't taught to enough people. instead of harping on how much knowledge you already had before you read the book, look at it from the perspective of the people for whom it could be very helpful.if you can't think of one friend or family member of yours that does not follow the basic guidelines of this book and couldn't benefit from the accessible style in which it was written, then you have a lot of very successful friends. personally, of all my friends, about half of them could learn a LOT about money management from this book. the other half could probably glean at least enough information to make it worth ....yes, it's repetitive and oversimplified. but as a result i found it definitive and clear. for..., it's worth me buying it and passing it around to my friends that could really benefit from it after i've read it. which took just two readings.

While there are many books on the market for personal finance and establishing wealth, none have put the simplistic and yet powerful spin on how the wealthy view money and opportunity like Robert Kiyosaki has.Robert Kiyosaki contrasts lessons he learned from his father (poor dad) and his best friend's father (rich dad) from the time he was 9 years old. Since these first instructions to building wealth and becoming rich were introduced in a way a child could understand, the principles are easily digested. What blows you away is the awesome strength of age-old wisdom that is belied by the child-like teachings. The wisdom is cast like seeds on a desert when it is viewed by those who are too prideful and "educated" to admit where they are wrong. If you have desire to learn what was not taught in school, then this book is for you.I have read a review that comments on how Robert failed to mention that 4 out of 5 businesses fail in their first 3 years. But what the reviewer failed to mention is that 95% of those who do fail do so out of "financial illiteracy". In other words, if you go into business to, "make more money" and fail to understand the true difference between assets and liabilities, then you have failed from the get-go. As Robert explains in this book, there is more to money than the "job mentality" of work and receive, pay bills and survive.In conclusion, while there are some great books out there that will take you through the nooks and crannies of financial intelligence, you must read this one first. You will then have the proper mindset to truly understand the power in the others.

When I started this book, it seemed very simplistic, although written in an engaging style. I thought what he had to say was interesting, but didn't feel it was going to tell me anything I didn't know. But the more I read, the better I thought the book was. By the time I finished it, it really did help me and motivate me to change my circumstances. He doesn't tell you what to DO in this book, although he does give plenty of examples of what he did for you to think about. What this book is trying to do is to change your METHOD OF THINKING. And it really succeeds, as far as I'm concerned. He reminds me a lot of some very successful people I know in real estate, the way he thinks and talks.

This was the first book of it's kind that I have read. I loved it! This book brings up ideas that are "outside of the box".

This is one of the best books I have read in a long time