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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
informative
fast-paced
challenging
informative
inspiring
reflective
slow-paced
This book was very informative and I loved the perspective between the two.
This book opened my mind and encouraged me to build up my asset column. He makes it sound so easy and says it is that makes me gain confidence. Although I still have so many questions like how do I buy a house without a loan from the bank I still liked it. He said that you need to surround yourself with intelligent people because those are the ones that help you grow. You have to invest in your knowledge since that’s the #1 asset
people have. You have to pay yourself first because the pressure will make your money grow. I didn’t understand where you are supposed to put your money because he said that the money you invest on stocks is money that you can afford loosing so does he use his other money for real estate?Also he invests in stocks for a short period when I thought that was a long term investment but you have to do it when the market crashes. He also talked about CDs which he said they weren’t as good as other options.
This book opened my mind and encouraged me to build up my asset column. He makes it sound so easy and says it is that makes me gain confidence. Although I still have so many questions like how do I buy a house without a loan from the bank I still liked it. He said that you need to surround yourself with intelligent people because those are the ones that help you grow. You have to invest in your knowledge since that’s the #1 asset
people have. You have to pay yourself first because the pressure will make your money grow. I didn’t understand where you are supposed to put your money because he said that the money you invest on stocks is money that you can afford loosing so does he use his other money for real estate?Also he invests in stocks for a short period when I thought that was a long term investment but you have to do it when the market crashes. He also talked about CDs which he said they weren’t as good as other options.
This book teaches you to write a bestseller that everyone wants to buy... So if your wish is to learn how to write stuff people want to buy go for it. If instead, you want to gain wisdom in the field of personal finance, better look elsewhere in my honest opinion.
Better than expected. Kiyosaki knows what he's talking about offering insightful tips on how to become more financially literate in order to to manage yourself towards financial success.
The tips he provides are more concrete than I thought they might be (which is a good thing). However, this book could really lose some weight. If I had one word to describe this book, I would choose "insightful" with "interesting" a close second.
3/5
The tips he provides are more concrete than I thought they might be (which is a good thing). However, this book could really lose some weight. If I had one word to describe this book, I would choose "insightful" with "interesting" a close second.
3/5
There's one thing I can say about this book. THANK YOU!!
Thank You Robert Kiyosaki for teeaching me these tips. Because of this book, my perception of money turned a hundred and eighty degrees. Because of this book I have a wider perspective of what my future would be, and I'm so grateful for that.
Honestly, I don't know what to say about this book. It was filled with the author's life experinces and thats how he teaches you. Kudos to Robert Kiyosaki and Rich Dad Poor Dad!
Thank You Robert Kiyosaki for teeaching me these tips. Because of this book, my perception of money turned a hundred and eighty degrees. Because of this book I have a wider perspective of what my future would be, and I'm so grateful for that.
Honestly, I don't know what to say about this book. It was filled with the author's life experinces and thats how he teaches you. Kudos to Robert Kiyosaki and Rich Dad Poor Dad!
inspiring
slow-paced
I appreciate the general messages of this book: have money work for you, take risks, and educate yourself to be financially literate. Some of the ideas would not be helpful for many groups of people. I think his idea of “pay yourself first” to pressure you to make money for paying your bills is like telling people not to wear a seatbelt because it would pressure them to be a safe driver. I understand the concept, but it’s not going to work for everyone. This book was very story-based and inspirational, but I wish it gave more useful information. Granted, it’s 20+ years old. The writing was super repetitive too. How many times I read “That is financial intelligence”, I cannot say. My first finance book. Interesting enough.
I generally enjoy reading personal finance, but this one didn't do it for me. I liked some of the ideas, but struggled with his extreme capitalist attitude. The complexities of cyclical poverty and the disparity of opportunity in our country were ignored and the "pull yourself up by your bootstraps" philosophy was lauded above all else.
inspiring
fast-paced
A great, quick read that gives a well-established foundation for investing and growing your personal wealth.
Honestly I saw a lot of 1 star reviews tossed in and here is my review.
It may not give you the step by step directions for getting rich, but it lights the path for you to continue learning.
I agree with him on people are not properly taught how to manage their money. I work in the oil industry and somehow people taking home AFTER TAXES 200+ during the good years and 80+ during the "bad years" have zero way to survive and must take from their retirement plans when they get out on furlough or laid off. The oil industry is full of this. Frankly it's sad and pathetic. Those guys will never truly be able to retire. I work with retire age men who "can't retire" due to how many liabilities they have. I really should hand this book out to maybe change their perspective.
I manage my money well but definitely need to work on finding a passive income strategy that works for me.
It may not give you the step by step directions for getting rich, but it lights the path for you to continue learning.
I agree with him on people are not properly taught how to manage their money. I work in the oil industry and somehow people taking home AFTER TAXES 200+ during the good years and 80+ during the "bad years" have zero way to survive and must take from their retirement plans when they get out on furlough or laid off. The oil industry is full of this. Frankly it's sad and pathetic. Those guys will never truly be able to retire. I work with retire age men who "can't retire" due to how many liabilities they have. I really should hand this book out to maybe change their perspective.
I manage my money well but definitely need to work on finding a passive income strategy that works for me.