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2.05k reviews for:
Rich Dad, Poor Dad: What the Rich Teach Their Kids about Money – That the Poor and Middle Class Do Not!
Robert T. Kiyosaki
3.54 AVERAGE
2.05k reviews for:
Rich Dad, Poor Dad: What the Rich Teach Their Kids about Money – That the Poor and Middle Class Do Not!
Robert T. Kiyosaki
3.54 AVERAGE
Book about advice author got from 2 men in his life
- His real Poor Dad who was highly educated man who never seemed to have enough money
- His friends Dad who was rich and taught him valuable lessons about handling money.
Packed full of advice on how to think differently about money and getting it to work for you rather than you work for money. This is through smart real estate purchases and investments.
A very easy to read book that I'll need to read a few times to actually take some action.
- His real Poor Dad who was highly educated man who never seemed to have enough money
- His friends Dad who was rich and taught him valuable lessons about handling money.
Packed full of advice on how to think differently about money and getting it to work for you rather than you work for money. This is through smart real estate purchases and investments.
A very easy to read book that I'll need to read a few times to actually take some action.
Gave some good advice but for someone who has never been taught anything about money, it would have been helpful for more tactics and how tos and what you should do if you want to go into real estate or stocks. He makes it sound so easy just buying a house without a lot of money. It was also redundant. The summary sections were too much.
Rich Dad Poor Dad is Robert’s story of growing up with two dads — his real father and the father of his best friend, his rich dad — and the ways in which both men shaped his thoughts about money and investing. The book explodes the myth that you need to earn a high income to be rich and explains the difference between working for money and having your money work for you.*An interesting fact, the story of the 2 dads is completely made up and was created just to make the point.
My Take: It seems to me that Mr. Kiyosaki appears to teach people to be rather greedy. I am not a fan of this approach and prefer the “do what is best for the community and everyone does better”. My takeaway form the book is you will do much better in life if you work for yourself and not for someone else. This is why I have it on my recommended book list.
My Take: It seems to me that Mr. Kiyosaki appears to teach people to be rather greedy. I am not a fan of this approach and prefer the “do what is best for the community and everyone does better”. My takeaway form the book is you will do much better in life if you work for yourself and not for someone else. This is why I have it on my recommended book list.
challenging
hopeful
informative
inspiring
reflective
fast-paced
I higly recommend this book to everyone who wants to learn about finances. It could be true that is not very specific about his topics, but that's not the purpose of this book. This book wants you to understand the rat race, why it's important to scape from that, and how.
inspiring
reflective
medium-paced
Let me see my actions and future in another perspective
informative
inspiring
lighthearted
fast-paced
hopeful
informative
inspiring
reflective
medium-paced
3.5 stars
It is a bit repetitive and boring at times but it has some really good point and definitely changed a lot of my perspectives on money and work.
It is a bit repetitive and boring at times but it has some really good point and definitely changed a lot of my perspectives on money and work.
informative
slow-paced
What I learned, in no particular order:
1. Assets are not what I (we?) think they are. I was raised to assume my house, my car, etc were valuable assets but it's not really true - they generate expenses. They're liabilities.
2. Think for myself when it comes to finance and talk to people who are experts in their field, not the neighbor or a friend with poor money management who seems to know it all.
3. Corporations don't care for the ordinary people at all and they have the means to take advantage of that.
4. Middle class takes the brunt of it all.
5. I should educate myself in accounting.
6. It's okay to lose in order to learn.
'Rich dad, Poor dad' can be very engrossing at times. It's also definitely filled with explanations that feel a bit too much. This book did change my outlook and I'm better for it but I won't lie, it's not a straight-forward read. At times it felt like Robert Kiyosaki was deliberately speaking in evasive terms and making a topic 20 pages long when it could've been 10. Also, yes, it doesn't give any real, defined advice. I almost feel like he wrote this in such a way that many people would be fast to recommend it in their excitement (Robert is a good storyteller, despite what he states in the book) but that's all they'd get from it - excitement. A false feeling that they've learned something big. He speaks great tales about his Rich Dad but he never tells you the true meaning behind his advice, the hands-on part. I felt like I was his business project rather than his student.
It did take me quite some time to finish it, in part because of the over-the-top explanations and repetitiveness.
1. Assets are not what I (we?) think they are. I was raised to assume my house, my car, etc were valuable assets but it's not really true - they generate expenses. They're liabilities.
2. Think for myself when it comes to finance and talk to people who are experts in their field, not the neighbor or a friend with poor money management who seems to know it all.
3. Corporations don't care for the ordinary people at all and they have the means to take advantage of that.
4. Middle class takes the brunt of it all.
5. I should educate myself in accounting.
6. It's okay to lose in order to learn.
'Rich dad, Poor dad' can be very engrossing at times. It's also definitely filled with explanations that feel a bit too much. This book did change my outlook and I'm better for it but I won't lie, it's not a straight-forward read. At times it felt like Robert Kiyosaki was deliberately speaking in evasive terms and making a topic 20 pages long when it could've been 10. Also, yes, it doesn't give any real, defined advice. I almost feel like he wrote this in such a way that many people would be fast to recommend it in their excitement (Robert is a good storyteller, despite what he states in the book) but that's all they'd get from it - excitement. A false feeling that they've learned something big. He speaks great tales about his Rich Dad but he never tells you the true meaning behind his advice, the hands-on part. I felt like I was his business project rather than his student.
It did take me quite some time to finish it, in part because of the over-the-top explanations and repetitiveness.