Rich Dad Poor Dad: What The Rich Teach Their Kids About Money - That the Poor and Middle Class Do Not!
Written by Robert T. Kiyosaki
Narrated by Tim Wheeler
Rich Dad Poor Dad: What The Rich Teach Their Kids About Money - That the Poor and Middle Class Do Not!
Written by Robert T. Kiyosaki
Narrated by Tim Wheeler
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Editor's Note
Buck conventional wisdom…
“You’re either a master of money or a slave to it,” Kiyosaki asserts in his landmark book that challenges conventional middle-class wisdom about hard work and saving money. Learn to make your money do the work for you.
Description
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
Robert Kiyosaki has challenged and changed the way tens of millions of people around the world think about money. With perspectives that often contradict conventional wisdom, Robert has earned a reputation for straight talk, irreverence, and courage. He is regarded worldwide as a passionate advocate for financial education.
"The main reason people struggle financially is because they have spent years in school but learned nothing about money. The result is that people learn to work for money… but never learn to have money work for them." - Robert Kiyosaki
Rich Dad Poor Dad - The #1 Personal Finance Book of All Time!
"Rich Dad Poor Dad is a starting point for anyone looking to gain control of their financial future." - USA TODAY
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About the author
Robert Kiyosaki Educational Entrepreneur, creator of the CASHFLOW® board game, founder of the financial education-based Rich Dad Company and author of New York Times Bestsellers Conspiracy of the Rich: The 8 New Rules of Money and Rich Dad Poor Dad. Robert Kiyosaki is best known as the author of Rich Dad Poor Dad – the #1 personal finance book of all time – which has challenged and changed the way tens of millions of people around the world think about money. Rich Dad titles hold four of the top ten spots on Nielsen Bookscan List’s Life-to-Date Sales from 2001-2008 alone. Robert has been featured on shows such as Larry King Live, Oprah, The Doctors, Bloomberg International Television and CNN. With perspectives on money and investing that often contradict conventional wisdom, Robert has earned a reputation for straight talk, irreverence and courage. His point of view that ‘old’ advice - get a good job, save money, get out of debt, invest for the long term, and diversify - is ‘bad’ (both obsolete and flawed) advice, challenges the status quo. His assertion that “your house is not an asset” has stirred controversy but has been proven to be accurate in our economy’s current financial crisis. A documentary film based on the contradictions of ‘old financial advice’ is planned for release in 2010. In 2006 Robert teamed up with Donald Trump to co-author Why We Want You To Be Rich - Two Men - One Message. It debuted at #1 on The New York Times bestsellers list.
Reviews
What people think about Rich Dad Poor Dad
4.8Critic reviews
"You're either a master of money or a slave to it," Kiyosaki asserts in his landmark book that challenges conventional middle class wisdom about hard work and saving money. Learn to make your money do the work for you.
Scribd Editors
Reader reviews
- (4/5)Very American in that it repeats itself at least three times. Expect to finish this book in 3 hours tops. Given its popular theme and style, it still is an interesting read. How one applies his/her life, has a direct result on the fruits one reaps. What I liked most about this book is the idea of building a money machine. Put your creativity into building something that will keep generating income on its own and irrespective of how little time you invest in it. Because this for me is essential in business. You 'child' needs to be taken care of initially, but increasingly it will stand on its own feet. And eventually it will take care of you. If that potential is lacking, leave it be and invest your times differently. An easy and quick read with good retention and practical value.
- (4/5)This changed thinking about wealth generation in many ways. The math is flawless and simple enough for everyone to understand. Perhaps the consistent example of owning homes and renting them out, and some other examples, are too focused. I wouldn't be surprised if many readers of this ran out to buy a 2nd home to rent out and slowly gain equity on an asset, funded by renters. The backstory of having a second father is a bit of a stretch and I found this a bit smarmy, and detracting from the main value, and distracting. Once beyond the 'two fathers' backstory however, it becomes not only factual, but motivational. The last third of the book talks a lot about why readers of the book won't use its principles to create wealth, and ways to break through them. I would say this is a must read, and the earlier in life and more consistently, the better.
- (4/5)One of the best book. I recommend it.
- (4/5)This was sugggested to me by my Finical Coach quite a few months ago. I finally got around to getting the abridged audio book version. I really wish I had got a full version because the info was good. Kiyosaki is even tougher than Dave Ramsey. I think its a good complement to Ramsey as without Dave's direction fo getting out of debth, Kiyosaki's direciton on investing and ensuring you don't work for money would seem out of reach. I'm still not clear on how I'm going to get there but I am at least motivated in hand. Kiyosaki's poor dad isn't someone I would call poor. He's his real dad. An educated teacher, and later administrator, working in the public school system. Poor Dad, like myself, didn't want to make money, because rich people are evil. His Rich Dad is his friend Mike's Dad who taught him how to get money to work for him, but not lecturing but making him work for nothing. Starting with a story about how ot make money where young Robert and Mike counterfeit nickels out of old lead toothpaste tubes. Mike's Rich dad says that having no money is the root of all evil because it is what makes people do stupid things. The moor money poor dad made, the less he is at home (this has been me as of late) while the more money rich dad made, the more he was home with family. This is something that is worth working for. I'm still scared of Risk. When I still struggle to pay bills its hard to think past the end of the month, but I'll make it. I really will.
- (4/5)A very interesting book with a new perspective in what constitute wealth and what is really an asset for a person. Kiyosaki may be optimistic and make it sound just too easy, so the book may lose perspective, but as he recognizes, being rich is an attitude but you need also education, and he ping points other resources to get that education.
- (5/5)Very inspiring and eye opening. This book is one of the things I have been searching for. Answers to my questions that has been bothering me for more than a decade has been finally made clear. This book should be read by many a student to be able to face a future where employment seems to be the only answer to financial problems in life. It's very easy to understand and very easy to follow. I hope to read more of Kiyoaki's works in the future--especially those that concern the sophisticated subjects of investment and business management. It's a book that one should never miss reading in a lifetime.