Take a photo of a barcode or cover
3.54 AVERAGE
3.54 AVERAGE
The only reason as to why I read Rich Dad, Poor Dad was because I wanted to change to my reading genre. I didn't particularly think I'd like this piece but, I should say, as a new-comer to the world of finance books, I did find this book quite OK.
Honestly I don't know why its a bestseller, but I am hoping it is because of the title. Nobody would ever have picked up this book if it just read "Follow your heart to be rich". Ironically, that is what the book is all about. If you think this book gives you the formula to be the richest guy in the world, then I am sorry, you are going to be disappointed, because the author stresses at various points that it is the will to succeed and the courage to follow your heart that will make you rich.
The author gives examples of instances in his life where he grew up to be a rich man. He took advantage of his situations. Any sane man would. But reflecting on the author's examples, I am not quite sure if a poor man could really indulge on them.
But I personally think, everybody should read this. This book clearly will make a middle class man realize WHY he is lagging behind in the rat race.
The book also beautifully looks into the mindset of the rich. How he makes money work for him. How his mind differs from that of a middle-class man. I think that is a first step to train your mind to become rich. To be like the rich, first you need to start acting and thinking like the rich.
Folks who are the more into this genre, you may not agree with me word by word. But this is the closest to writing a review from the standpoint of an amateur financial reader.
Honestly I don't know why its a bestseller, but I am hoping it is because of the title. Nobody would ever have picked up this book if it just read "Follow your heart to be rich". Ironically, that is what the book is all about. If you think this book gives you the formula to be the richest guy in the world, then I am sorry, you are going to be disappointed, because the author stresses at various points that it is the will to succeed and the courage to follow your heart that will make you rich.
The author gives examples of instances in his life where he grew up to be a rich man. He took advantage of his situations. Any sane man would. But reflecting on the author's examples, I am not quite sure if a poor man could really indulge on them.
But I personally think, everybody should read this. This book clearly will make a middle class man realize WHY he is lagging behind in the rat race.
The book also beautifully looks into the mindset of the rich. How he makes money work for him. How his mind differs from that of a middle-class man. I think that is a first step to train your mind to become rich. To be like the rich, first you need to start acting and thinking like the rich.
Folks who are the more into this genre, you may not agree with me word by word. But this is the closest to writing a review from the standpoint of an amateur financial reader.
informative
inspiring
medium-paced
informative
slow-paced
informative
medium-paced
medium-paced
informative
inspiring
fast-paced
informative
inspiring
lighthearted
fast-paced
massive gaslighting and emotional manipulation going on from an adult to a child within the first chapter-not interested. DNF
This is a very average book.
I would have given it one star but it redeemed itself just before the finish line with its "10 principles" chapter. In fact, the entire book would be better were it this chaper alone. It is so incredibly repetative that I'm surprised I got through it but Kiyosaki has a way of gaslighting the reader into continuing on by often talking about the arrogance of people who disagree with financial lessons.
The first two chapters set up a sense that there will be something to learn within but the theme of "setting up" continues through the book. Anyone who has a single iota of financial litterally would take very little from this book as it glosses over obvious financial principles and stuff's them full of overexagerated examples from Kiosakis past that are so theatrical in nature that they are very hard to believe and are almost laughable. One such example where he suggests to a writer to take a sales course to improve her book sales resulting in a tantrum from her is particularly laughable, and very hard to believe that such a reaction could be solicited from a professional. At least in this example he admits that he's not a "best writing author", that much is definitely true. Similar examples litter the book and offer very little value to the principles he is trying to instill in the reader. At least that much was true.
My biggest gripe with this book was the greed is good and poor people deserve to be poor mentality. This seems to be a very unhealthy and unproductive idea. I see no issue with being rich but not off when it's off the back of exploiting the poor, which Kiosaki seems go either ignore or even endorese.
Secondly the constant complaints about taxes, are very boring and unproductive, taxes exist, what would have been interesting would have been weighing up capital gains tax against income tax and how to reduce it. A missed opportunity.
In summary, if you know how to not spend all your money at once and realise that buying boats cars and golf clubs is not a productive use of money in comparison to shares, realestate, bonds and other assets then you can probably give this one a miss.
Poorly written, vague advice and repetative.
I would have given it one star but it redeemed itself just before the finish line with its "10 principles" chapter. In fact, the entire book would be better were it this chaper alone. It is so incredibly repetative that I'm surprised I got through it but Kiyosaki has a way of gaslighting the reader into continuing on by often talking about the arrogance of people who disagree with financial lessons.
The first two chapters set up a sense that there will be something to learn within but the theme of "setting up" continues through the book. Anyone who has a single iota of financial litterally would take very little from this book as it glosses over obvious financial principles and stuff's them full of overexagerated examples from Kiosakis past that are so theatrical in nature that they are very hard to believe and are almost laughable. One such example where he suggests to a writer to take a sales course to improve her book sales resulting in a tantrum from her is particularly laughable, and very hard to believe that such a reaction could be solicited from a professional. At least in this example he admits that he's not a "best writing author", that much is definitely true. Similar examples litter the book and offer very little value to the principles he is trying to instill in the reader. At least that much was true.
My biggest gripe with this book was the greed is good and poor people deserve to be poor mentality. This seems to be a very unhealthy and unproductive idea. I see no issue with being rich but not off when it's off the back of exploiting the poor, which Kiosaki seems go either ignore or even endorese.
Secondly the constant complaints about taxes, are very boring and unproductive, taxes exist, what would have been interesting would have been weighing up capital gains tax against income tax and how to reduce it. A missed opportunity.
In summary, if you know how to not spend all your money at once and realise that buying boats cars and golf clubs is not a productive use of money in comparison to shares, realestate, bonds and other assets then you can probably give this one a miss.
Poorly written, vague advice and repetative.