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Rich Dad, Poor Dad

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

By Sharon L. Lechter

(197)

| Audio Cassette | 9781570429590

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Book Description

"Personal-finance author and lecturer Robert T. Kiyosaki developed his unique economic perspective from two very different influences--his two fathers. One father (Robert's real father) was a highly educated man, but fiscally poor. The other father was the father of Robert's best friend--the Dad wContinue

"Personal-finance author and lecturer Robert T. Kiyosaki developed his unique economic perspective from two very different influences--his two fathers. One father (Robert's real father) was a highly educated man, but fiscally poor. The other father was the father of Robert's best friend--the Dad who was an eighth grade dropout 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 retore at 47. RICH DAD, POOR DAD, written with consultant and CPA Sharon L. Lechter lays out Kiyosaki's philosophy behind his relationship with money. RICH DAD, POOR DAD opens 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
- defining once and for all an asset versus a liability
- explaining what kids need to know about money for their future financial success"

23 Reviews

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  • 1 person find this helpful

    Despite the authors' repetitive ideas and monotonous writing style, their message is clear and even inspiring: "Spend your money on buying assets, not liabilities". The point about the importance of financial literacy is right on: schools never seem to care much about it and are just endlessly chur ... (continue)

    Despite the authors' repetitive ideas and monotonous writing style, their message is clear and even inspiring: "Spend your money on buying assets, not liabilities". The point about the importance of financial literacy is right on: schools never seem to care much about it and are just endlessly churning out academic rats fit for the rat race. Perhaps it is all a conspiracy? That the rich keep their secret from the masses, privately educating their own children on true financial wisdom, while letting 90% of the population (including me) languish in the slow track of life? I don't know, but I'm determined to break out of this ignorance.

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    Holmes said on Aug 22, 2011 about the Paperback edition | Add your feedback

  • 1 person find this helpful

    Very overrated. If you blindly follow this advice you'll probably get poorer. Don't buy the hype.

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    Luca said on Jan 30, 2010 about the Paperback edition | Add your feedback

  • 1 person find this helpful

    Too much waffling; the ideas that Kiyosaki tried to communicate through it can be simplified into one or two A4 pages probably.

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    ac444 said on Jan 18, 2009 about the Paperback edition | Add your feedback

  • If there is a book which affects me a lot recently, Rich Dad Poor Dad is the one.
    The idea of the book comes from the comparison of two Dads the author met. His own dad is a well-educated person working as a civil servant while his friend's dad is a rich man.

    Few ideas were cited.
    1) For the rich, ... (continue)

    If there is a book which affects me a lot recently, Rich Dad Poor Dad is the one.
    The idea of the book comes from the comparison of two Dads the author met. His own dad is a well-educated person working as a civil servant while his friend's dad is a rich man.

    Few ideas were cited.
    1) For the rich, they do not work for money. Money works for them.
    2) Having a job can only solve the problem of lacking money at a short term. We are all like a rat in a wheel keep on running and running. We are only working for Government (tax) and bank (your loans)

    3) Essence of giving up. You lack something so it pushes you. If you do not give , you will have no return.
    4) When you want to do something which is hard, do not say you cannot do it. But "How can I get it done?"
    5) The importance of Finanical IQ and financial freedom.

    It does change a bit my mind. Perhaps it's time for me to do some financial things?

    Lastly,
    All the best to Mr. Alson Miu and Mr. Ken Lee.
    I am proud to work with you.

    Is this helpful?

    Chenghonfai said on Jul 18, 2011 about the Audio CD edition | Add your feedback

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