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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
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
Ultimately, the book can be summed up into one principle: the differentiation between assets and liabilities. Yet, it lectures this point ad nauseam, relentlessly drilling it to the point of exhaustion. Don't read this looking for any specific advice or a one-way ticket to success. The idea of the success it preaches is a particular mindset, which may be unhelpful or impractical to those reading it.
Absolutely conceited, unbearably repetitive, and completely lacking in any real substance, Rich Dad Poor Dad is a masterclass in saying a whole lot of nothing while pretending to be profound. Kiyosaki spends the entire book patting himself on the back for allegedly learning life-changing financial wisdom from his so-called “Rich Dad” while throwing his supposedly less-savvy “Poor Dad” under the bus in the most ungrateful and disloyal way possible. The irony? Despite all the grandstanding, he never actually provides concrete financial advice—just vague platitudes about mindset and “escaping the rat race.”
The writing itself is astonishingly bad, riddled with unnecessary repetition and a complete lack of structure. Kiyosaki tells the same stories over and over again, stretching them out far beyond their worth, as if he assumes his readers are too dense to understand the first time. He constantly praises himself for being smart enough to reject traditional education and employment, yet his entire empire is built on selling seminars and books to people who do work traditional jobs. The hypocrisy is astounding.
And let’s not ignore the fact that most of his claims about wealth-building boil down to “buy assets, not liabilities”—a concept so basic it could be summed up in a single sentence. But instead, we get hundreds of pages of smug, self-congratulatory nonsense. Worse yet, many of his so-called lessons are just unrealistic for the average person. Not everyone can just magically acquire real estate investments or take massive financial risks without consequences. The book completely disregards systemic issues and instead insists that anyone struggling financially simply doesn’t have the right mindset.
Frankly, this book isn’t just bad—it’s borderline insulting. If you’re looking for real financial advice, look elsewhere. There are countless books that cover personal finance in a way that is practical, well-written, and actually useful. Rich Dad Poor Dad is none of those things.
The writing itself is astonishingly bad, riddled with unnecessary repetition and a complete lack of structure. Kiyosaki tells the same stories over and over again, stretching them out far beyond their worth, as if he assumes his readers are too dense to understand the first time. He constantly praises himself for being smart enough to reject traditional education and employment, yet his entire empire is built on selling seminars and books to people who do work traditional jobs. The hypocrisy is astounding.
And let’s not ignore the fact that most of his claims about wealth-building boil down to “buy assets, not liabilities”—a concept so basic it could be summed up in a single sentence. But instead, we get hundreds of pages of smug, self-congratulatory nonsense. Worse yet, many of his so-called lessons are just unrealistic for the average person. Not everyone can just magically acquire real estate investments or take massive financial risks without consequences. The book completely disregards systemic issues and instead insists that anyone struggling financially simply doesn’t have the right mindset.
Frankly, this book isn’t just bad—it’s borderline insulting. If you’re looking for real financial advice, look elsewhere. There are countless books that cover personal finance in a way that is practical, well-written, and actually useful. Rich Dad Poor Dad is none of those things.
fast-paced
In this book, Robert T. Kiyosaki says he's not a great writer, and I agree to an extent, but man, does he have financial wisdom. I believe this book to be relevant even over 25 years after its publication, i.e. now. I really needed this perspective, and I will be coming back to this book in the future.
informative
medium-paced
hopeful
informative
inspiring
sad
informative
fast-paced
There is a lot of helpful in this book and going into it, I was worried that it might just act as a how-to guide, but really all it does is attempt to show people how simple it can be to build your own financial literacy. However the difficult part is working past the fear of risk and the perspectives of the majority of people when it comes to financial endeavors.
inspiring
reflective
fast-paced
medium-paced
Hated this...this book symbolizes why I do not like capitalism. There were some good but obvious lessons like: learn about money. Other than that it was just an explanation on how to make capitalism work for you without any reflection on the costs this view has on society as a whole... egotistical and self serving
If you are still willing to read this book, maybe the following will deter you from this ambition: the author advised to have heros and named one of his - Donald effing Trump. Huh...last time I checked this guy was not someone I want to have as my hero, not for investments nor in any other capacity
If you are still willing to read this book, maybe the following will deter you from this ambition: the author advised to have heros and named one of his - Donald effing Trump. Huh...last time I checked this guy was not someone I want to have as my hero, not for investments nor in any other capacity
Graphic: Classism
informative
slow-paced