Rich Dad, Poor Dad: What the Rich Teach Their Kids About Money--That the Poor and Middle Class Do Not! | 
enlarge | Authors: Robert T. Kiyosaki, Sharon L. Lechter Publisher: Business Plus Category: Book
List Price: $16.95 Buy Used: $3.44 You Save: $13.51 (80%)
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Avg. Customer Rating: 2127 reviews Sales Rank: 113
Media: Paperback Edition: 1 Number Of Items: 1 Pages: 207 Shipping Weight (lbs): 1.2 Dimensions (in): 9 x 6 x 0.7
ISBN: 0446677450 Dewey Decimal Number: 332.024 EAN: 9780446677455 ASIN: 0446677450
Publication Date: April 1, 2000 Availability: Usually ships in 1-2 business days
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Amazon.com 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 "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
Product Description 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 "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
Download Description A #1 New York Times bestseller, 'Rich Dad, Poor Dad' is a true story on the lessons about money that Robert Kiyosaki learned from his two "dads." One dad, a Ph.D. and superintendent of education, never had enough money at the end of the month and died broke. His other dad dropped out of school at age 13 and went on to become one of the wealthiest men in Hawaii. 'Rich Dad, Poor Dad' will . . . Explode the myth that you need to earn a high income to become rich Challenge the belief that your house is an asset Show parents why they can't rely on the school system to teach their kids about money Define once and for all an asset and a liability Teach you what to teach your kids about money for their future financial success. In 'Rich Dad, Poor Dad', Robert Kiyosaki explains how to make your money work hard for you instead of you working hard for money.
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| Customer Reviews: Read 2122 more reviews...
Rich Dad Poor Dad May 10, 2008 This book is very informative and I feel very well written. It has been very beneficial for me and I have used the many tips to advance myself. I can't wait to read the rest of Robert Kiyosaki's books
False hopes May 6, 2008 The book does inspire, but much of it is just fantasy. If it was that easy to make money, there would be a lot more people out there. The book offers dangerous advice. BEWARE. It is not worth reading.
Great read for first time investor! May 6, 2008 This is the first book that I read that showed me the difference between how the rich look at money, investing and life style vs. the rest of the population. Though lots of effort and hard work I have been able to implement many of the ideas in the book; I am always looking for ways to increase my cash flow.
This book is dangerous May 6, 2008 I was assigned to read this book for a class, and while it does make you think about money and how you will prepare for the future, that is about where the positive attributes end.
The book overall feels like more of an inspirational speech than an educational supplement. The lack of fact and teaching makes the advice to invest in real estate and start up companies quite insane, as these are both very good ways to lose a lot of money very fast, and Kiyosaki seems completely blind to that aspect of things, stopping short by acknowledging that "more is learned from failure than success" and then failing to give any negative examples throughout the entire book (I mean if every real estate investment turned into an $80,000 profit in less than a month, don't you think more people would be on that?).
On top of that you have the masturbatory title that makes it sound like there is a grand secret poor parents don't know, when in interviews, Kiyosaki has all but confirmed "rich dad" to be a figure from his imagination.
The only REAL advice gathered from this book is to spend within your means and start preparing for the future early (as the most powerful factor of any investment is time), but honestly... who didn't know that?
This book should be avoided in favor of a text that actually imparts knowledge unto the reader, instead of a bundle of feel good financial fiction.
Rich Dad, Poor Dad review May 2, 2008 I personally found the book repetitive in style. The key concepts were actually interesting and worded simply enough for me (a person who is not very knowledgeable about economics and financial matters) to grasp. Because the stories about the lessons were put very simply, the book was not a difficult read, but some of the underlying concepts, as in the ideas beneath the simple words, were a little harder for me to understand. Part of the reason that I find it hard to accept some of what Kiyosaki talks about is that I see people around me falling into the pattern of the rat-race but I can't really understand how wanting to play it "safe", in terms of avoiding sudden financial crashes, is necessarily a bad thing. I'm not sure if I like the idea of letting investments run their course in hopes that they bring in money because of the insecurity I attach to investing money in different businesses, stocks, etc.
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