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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Reviews
– Customer review on 14/01/2010
My husband, a self made successful business owner now, loved this book a few years ago. we gifted 3 copies to it to 3 young fellas in our family as Xmas/hol reading. Interesting and varied reactions!We need to do our young ones a favour by putting thought provoking reading in front of them.Good for young males who do not do fiction.
JL -Literacy/ French teacher
This book is very interesting, the author takes two persepctives of the way that he was taught about money - from his own father and from his friends father. He followed his rich dad's advice and managed to turn himself into a millionaire. His book gives great advice on how to help yourself become rich and what to teach others to assist them. Some of the financial parts of the book were a bit complicated.
This book is a definte must have for anyone in this day and age. This book started off my interest in finance, investing, and the goal of finanacial freedom. This book explains economics in a simple story like way that anyone can understand no matter how little interested you are in the topic. The explinations of differences between rich and poor are however told very bluntly and may offend some people. Rich Dad Pood dad does not explain how to get rich, however does put readers in the right frame of mind to search for information to get rich.
There is a reason this book became a best seller. It's cleverly written, the idea of one "rich dad" and one "poor dad" being a catchy analogy.
I found some of the author's examples of deals he'd done to be a little too far-fetched to be believable. Neverthless, there were some great ideas that could be put to good use. His suggestion that money-sense should be taught in schools certainly seems to make a lot of sense.
This book is well written and very easy to read. Kiyosaki makes an interesting point when one person was lamenting to him about not being the best at something, he said Hey does my book say "Best-written? No, it says Best-selling". Use of diagrams to explain points is really helpful and the story about his two dads is amazing. He illustrates his investing beliefs with examples from his childhood - the story about melting down metal toothpaste tubes cracked me up.
LOVED this book. Completely changed my attitude towards money. ONe of the most interesting things I learned was that your own home is NOT an investment. Want to know why? Read the book and find out! :)
A great little book. I would reccomend this book to all those people who have ADHD as many entreprenuers have ADHD. This book is easy to read, and is explained in little stories about his friend's father who he calls rich dad, and himself. The only problem with this book though is that people tend to take his philosophies too literally, and as a result, Australia's real estate market is becomming flooded.
Fantastic easy to read financial book. Kiyosaki has been criticised for not being specific enough, however the mental "lightbulbs" he turns on especially in respect to our unconscious spending habits and where we actually place our funds are amazing. Not many books can be summed up in a very short sentence but here goes : buy assets that produce income. Intrigued? Buy this and find out more - this is his second ( often misquoted as his first ) and by far his best book.
great book, easy to read, no fancy terms or motivational speeches; this book makes understanding the difference between how the rich and the rest of us manage their finances. great inspiration and although clearly American, is highly transferable to Australia.
Looking for inspiration to cut your debts in half. Rich Dad Poor Dad is a must read selection. Learn how to plan for your families future. The book gives you the understanding of what different lifestyles can do to your finances. This book will point you in the right direction to a path of wealth.
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