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 Rich Dad, Poor Dad: What the Rich Teach Their Kids About Money--That the Poor and Middle Class Do Not!
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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!
Publisher
 Warner Business Books
Published
 April 2000
ISBN
 0446677450
$16.95 List Price
$11.53 OUR PRICE
Sales Rank: 47
AVAILABILITY:
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"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"

Product Reviews

Review this item. Coming soon!
Average rating: 4.4
Powerful, life changing program Rating
July 19, 2004 Rating: 5.0 stars

A few months ago, I was working in sales for a B>B Business Group. I followed Mr. Kiyosaki's advice and started investing my money in passive income. I bought some equities, a rental or two and started a home based business.

While my colleagues spent their checks and worked for ThankGodItsFriday and cheer for Wednesdays because it was "hump day" and yell hooray for the weekend, and then made wise cracks about my goals. I invested, left that company over 6 weeks ago and am now full time in my own business. Meanwhile, my colleagues were recently served notice that their company (my former company) is laying off 150 people!

Thank God for Robert Kiyosaki.

Can't communicate to save theirselves Rating
July 18, 2004 Rating: 2.0 stars

Easy read-18 minutes & spelling and grammer errors are throughout. Plus, pure money making "Dribble". Follow this & you LOOSE!

A book on how to think like the rich do Rating
July 18, 2004 Rating: 5.0 stars

This book is about strategy, not tactics. Here you will start to learn how the rich think. This book changed my life as it was the first book of my new life! It's not going to teach you the exact tactics the rich use (try the new van tharp's book for that) but more importante it will teach you the thinking behind what they do. Don't mind the bad reviews: it worked for me.

Still a best seller for a reason---it works! Rating
November 4, 2003 Rating: 5.0 stars

I first heard of this book when J.P. Morgan on the cover of the Wall Street Journal referred to Rich Dad Poor Dad as a "must read for millionaires."

Most people know by now that this is the true story of Kiyosaki's two fathers, one, his real dad had a high income but was poor. The other, his friends dad, but Kiyosaki's mentor and Rich Dad.

Kiyosaki learned that income alone does not create wealth as he learned from his "Poor Dad." Seeking financial freedom, Kiyosaki learned from his "Rich Dad" the keys to wealth.

Kiyosaki went on to amass a fortune and lost it. But remembering the lesson taught from his "Rich Dad", started over and amassed yet another fortune and retired at age 47.

The book will tell you some things you don't want to hear like a house is not an asset, 401 (k)s and so called "safe" investments are not quite so safe. That there is no such thing as job security and the world is full of "bullies" who will tell you how much money you can make, when and how many vacations you can take, lunch breaks etc.

Kiyosaki's "Poor Dad" was fired at age 50 and learning from this, Kiyosaki tells us that the only real security and freedom is in being your own boss.

Kiyosaki goes on to say that both of his dads were "honest, good, honorable men" but his poor dad, although a hard worker was weak and consequently ended up broke.

Interesting is that Kiyosaki pledges his first book, "If you want to Be Rich and Happy, Don't Go To School?" to his poor dad.Goes to show that Kiyosaki has class and truely loved his Poor but real dad.

Rich Dad Poor Dad is an excellent book. The main message is to take responsibility for your life. You are either a master of money or a slave to it.

In addition to Rich Dad Poor Dad, I also recommend "Cash Flow Quadrant", "Rich Dad's Success Stories", "The Millionaire Next Door" and "More Wealth Without Risk."

Most assuredly A MUST READ! Rating
October 31, 2003 Rating: 5.0 stars

Rich Dad Poor Dad is undoubtably the best financial book ever written! I like the fact that Kiyosaki himself started with no money and was able to escalate to super wealth.

I also like the fact that Kiyosaki discourages debt except for investments like real estate and stocks. Too many people charge up their credit cards for dining, clothes and other depreciating items. If you are going into debt, advises Rich Dad, do it with things that go up in value like using leverage in real estate and buying stocks on margin.

Kiyosaki's advice on buying small cap stocks is also good advice. NOTE: He does not advise cheap penny stocks as others have falsely indicated.

This book reminds me a lot of the legendary "Think and Grow Rich" by the late great Naploean Hill and "The Richest Man in Bablyon" by George Clayson. Perhaps that is why average people have so much difficulty with these books and in particular, Kiyosaki because he is the hottest financial author of the last ten years. But you know, I have met hundreds of people who attribute their wealth to "Think and Grow Rich", "Richest Man in Bablyon" and now "Rich Dad Poor Dad." Obviously, these were average people who thought at an above average level and were willing to be corrected.

If you are new to Rich Dad, I recommend you start with this one and "Rich Dad's Success Stories." I also recommend "If you want to be rich and happy then don't go to school." "Cashflow Quadrant", the second in the series is also a must read.

If you have been "guru-ed to death" by so called "financial experts" who advise you to cut your credit cards then I also suggest "Rich Dad's Guide to Becoming Rich ...Without Cutting up your credit cards" currently available as a e-book and another one of my personal favorites.

Rich Dad Poor Dad is an OUTSTANDING book. The fact that certain factions have criticized this fabulous book tells me that Kiyosaki is doing something right and shaking up the right people. The advice works only if you are willing to use it and go to work.

You also have to read the book. I was talking with someone this morning who said he bought this book 2 years ago and never read it! Yeah, you have to read it too (the whole book, not just the free sample pages here on the internet ala the 1 star bashers) and then you make some powerful gains!

Best of luck.

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