Rich Dad Poor Dad What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not
Rich Dad Poor Dad What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not
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.
User Ratings and Reviews
5 Stars Financial Freedom
I read this book cover to cover in a weekend. I now think about money differently than I had in the past. I have read many of Suze Ormon’s and David Bach’s books and they have helped to educate me, but Rich Dad, Poor Dad has changed my view of finances forever. Poor people work for money. Rich people make their money work for them. Poor people pay too many taxes, interest to the bank and make their employers rich. Rich people find tax loopholes, avoid borrowing money and work for themselves. It all makes sense to me now. I am paying off my rental properties, incorporating my rental business and plan to be semi-retired by age 55 so that I live primarily on the rent and only work part-time to supplement my income. This book has helped me to focus, plan for the future and helped me steer out of debt and closer to retirement. Paying for your child’s education is important, but giving them a 2 bedroom, 1 bath house when they graduate from college is equally important. Make them pay you what they would have paid in rent and when the amount is sufficient, allow them to sell the house and buy a bigger one with the money they have paid you. Bypass the bank and interest completely. Let your child be the first generation to break free from mortgage “slavery.” Demand that they do the same for your grandchildren and keep the ball rolling.
5 Stars Good Book !
If you’re sick and tired of the rat race and bosses telling you what to do all day I suggest you read “Rich Dad Poor: What the Rich Teach Their Kids About Money–That the Poor and Middle Class Do Not! by Robert T. Kiyosaki . It’s a motivational book that will help you think outside the box. I’m sure it will change your view on finances. Just don’t get too money hungry and forget about the higher things in life that have more meaning like spirituality. If you’re so inclined try reading a book entitled “The Enlightenment, What God Told Me After One Million Prayers: A Message for Everyone” by John H. Eagan. This book will bring you riches of a different nature.
5 Stars RK’s products and Rich Dad Poor Dad
Awesome book, highly recommended. You will want all your friends and family to read it when you are finished.
I also recommend you get a copy of Mr. Kiyosaki’s Perfect Busienss Audio CD. You can get a free copy here: http://www.FreeRKCD.com.
Get your hands on every RK book you can, his insights are priceless!
5 Stars Motivating Book
This is a motivating book. This is great for anyone who wants to think outside of the box and make money outside of the everyday job. I loved the book and the points that are made, especially around stock and real estate investing. The book has helped me think about thinks differently in my financial planning. Good book and highly recommend it.
5 Stars The Best Financial Book I have Ever Read
I was given this book over 10 years ago when I was going through a rough financial patch. I have read books by many financial authors, Suze Orman, Charles Schwab, David Bach and so many others, but this is the book I have both recommend and given away as a gift.
This book will change the way that you think about money and the way that you think about your cashflow.
If you are going to be better off tomorrow financially than you are today, it is essential that you own this book.
I would go so far as to say that if everyone had and read this book there would have been no housing bubble.
Kiyosaki begins with the concept that your house is NOT and asset and uses that concept to teach about the difference between assets and liabilities.
Kiyosaki believes in cashflow not networth. This book should be the cornerstone of any financial library.
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