Extremely Educational and Inspiring... | Rich Dad, Poor Dad: What the Rich Teach Their Kids About Money--That the Poor and Middle Class Do Not! | Robert T. Kiyosaki, Sharon L. Lechter
books:
•
Rich Dad, Poor Dad: What the Rich Teach Their Kids About Money--That the Poor and Middle Class Do Not!
Robert T. Kiyosaki
,
Sharon L. Lechter
Business Plus
, 2000 - 207 pages
average customer review:
based on 2173 reviews
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highly recommended
Reality Check
If you want a reality check on
money
,
class
="textlinks">Rich
Dad
Poor
Dad will deliver. In America, we have developed the idea
that
an education is all you need. Granted, an education is a wonderful investment - but many of America's most successful business people don't hold a college degree. So
what
's the differentiator? Mindset. How you think
about
money, your rules for giving, your definition of an asset and liability - all these elements are challenged and addressed in Kiyosaki's book.
Rich Dad Poor Dad is also critical for any parent wanting to set their child up for a stronger financial future. As Kiyosaki points out, our school system doesn't cut it. Our children need solid monetary teachings to propel them.
You want out of the lower and middle-class? This book may very well be your first step.
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We shall open our eyes
I read this book almost 3 years ago. It was one the first books in the area of self-development I have read. Yes, I consider it a book of self-development. It totally changed the way I look at my finances and life in general. I can say I don't agree with every single bit of it, but the overall message is very important because it makes you think if you really want to work all your life for someone else when you have the possibility of developing something you really love and you're good at. It may be
class
="textlinks">that nowadays real-state (his main focus for income) is
not
the first choice one might take when starting a business but the man knows
what
he's talking
about
. Google for "passive income" and you'll see for yourself! Also, check this one the11passiveincomesources.com
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Extremely Educational and Inspiring...
This book was far better than expected. Recommended to me by a close friend of my brother's, who has made a fortune for himself in investing at 30 years old. He has a "passive income",
class
="textlinks">what Robert Kiyosaki talks
about
in this book. For anyone who isn't happy with working a 9-5 for the rest of their lives, constantly in search of more, this book offers great ideas in how to get started on investing and how you'll reap the rewards from it.
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Two sides..
This book is really good at showing how "
class
="textlinks">rich" people think compared to "
poor
& middle-class" people.
Personal-finance author and lecturer Robert Kiyosaki developed his unique economic perspective through exposure to a pair of disparate influences: his own highly educated but fiscally unstable father, and the multimillionaire eighth-grade dropout father of his closest friend. The lifelong monetary problems experienced by his "
class
="textlinks">poor
dad
" (whose weekly paychecks, while respectable, were never quite sufficient to meet family needs) pounded home the counterpoint communicated by his "
rich
dad" (
that
"the poor and the middle class work for
money
," but "the rich have money work for them"). Taking that message to heart, Kiyosaki was able to retire at 47. Rich Dad, Poor Dad, written with consultant and CPA Sharon L. Lechter, lays out his the philosophy behind his relationship with money. Although Kiyosaki can take a frustratingly long time to make his points, his book nonetheless compellingly advocates for the type of "financial literacy" that's never taught in schools. Based on the principle that income-generating assets always provide healthier bottom-line results than even the best of traditional jobs, it explains how those assets might be acquired so that the jobs can eventually be shed. --Howard Rothman
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