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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
Good general financial advice, buy assets so you don't have to physically work as much. Started off fairly entertaining but got very repetitive quickly, yes we get it buy assets.
But then... He slams socialized medicine saying they have to choose who lives or dies, false. These are the words of a rich man who understands nothing about systems other than I have money so I get the best.
Further when he goes on to Idolize Donald Trump as a man of vast intelligence and business acumen the author lost all credibility with me.
So yes, save money early on, invest, don't buy dumb shit. This guy is out of touch with the poor and middle class big time.
But then... He slams socialized medicine saying they have to choose who lives or dies, false. These are the words of a rich man who understands nothing about systems other than I have money so I get the best.
Further when he goes on to Idolize Donald Trump as a man of vast intelligence and business acumen the author lost all credibility with me.
So yes, save money early on, invest, don't buy dumb shit. This guy is out of touch with the poor and middle class big time.
slow-paced
This book is garbage. The advice seems shady and unethical; probably even illegal. He glosses over financial terms without ever giving specific details. He also downplays education. This book seems like a scam to sell other books. Glad I didn't pay for it.
This book is great. It is. It gives you some great insight on saving and investing habits, and especially on your attitude towards money and the fear that comes with possibly losing it. It's great in the sense that many of us are doing this wrong. And on this, I couldn't agree more.
Buuuuuut it's a pep talk. It doesn't delve into the complexity of becoming rich, it just tells you that it's possible for everyone. Which I'm sure it is, but not as one would think. This is a bestseller because he makes something desirable look easy to obtain, sure. But at what cost? To play the capitalism game you have to be ready to become a capitalist yourself. And that means climbing over the poor sometimes. And I mean why not? As this book poses it, the poor are just lazy, because I mean, everyone can get rich, so if they're not rich, then it's their own fault and well, then they deserve to be stepped on by the smarter of the flock, riiiiiight?
I think in such books it's always important to filter out stuff. Take in the important parts and disregard what doesn't go along your moral compass. He preaches on keeping an open mind and learning from people who are smarter than you, even when you disagree with them at first. I agree. Keep an open mind even if this book makes you clench your teeth. Filter. And you must just read something that might change your life.
Buuuuuut it's a pep talk. It doesn't delve into the complexity of becoming rich, it just tells you that it's possible for everyone. Which I'm sure it is, but not as one would think. This is a bestseller because he makes something desirable look easy to obtain, sure. But at what cost? To play the capitalism game you have to be ready to become a capitalist yourself. And that means climbing over the poor sometimes. And I mean why not? As this book poses it, the poor are just lazy, because I mean, everyone can get rich, so if they're not rich, then it's their own fault and well, then they deserve to be stepped on by the smarter of the flock, riiiiiight?
I think in such books it's always important to filter out stuff. Take in the important parts and disregard what doesn't go along your moral compass. He preaches on keeping an open mind and learning from people who are smarter than you, even when you disagree with them at first. I agree. Keep an open mind even if this book makes you clench your teeth. Filter. And you must just read something that might change your life.
informative
fast-paced
informative
reflective
medium-paced
Change your mind, change your life. An account of a rich mind mentality to look at the way we think and see money. A good beginner book.
It's a good book, no one can deny that. But, what I find hard to grasp is the repetitive tone in the book and the ease of speaking about certain topics. How Robert flips Real Estate like he's flipping burgers, that's not the same for any person.
At the same time, it does really spark a change of mindset. It's exciting to have a new view of the world and the way money works, or as Robert would say: To let money work for you.
At the same time, it does really spark a change of mindset. It's exciting to have a new view of the world and the way money works, or as Robert would say: To let money work for you.
There are some nuggets in this books (delaying gratification and building financial intelligence being two of them), but they’re mashed between language about the glories of unchecked capitalism, greed-is-good (because it forces you to find new ways to get money), poor people are poor cuz they make themselves so, you don’t need to be TOO educated or worry about specializing in anyone one thing, and other bullshit that honestly not worth your time. Here’s all you need to know: go work on your financial intelligence, wait to buy a Porsche only with income from assets- not with your paycheck, and think hard about buying a home because it may not be an asset, but rather a liability. That’s all you need to know from this.