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2.06k 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
2.06k 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
I won't say this is the best or most informative book I've ever read. And I'm not going to go out and start buying real estate at foreclosure sales so that I can roll it over with a 1031 tax deferral. But I feel like I did learn some very important tidbits. One being that it does not take money to make money. I think this book would be useful to anyone who is interested in turning the money they have saved into bigger and better assets.
PS: The writing style sucks, but it's worth ignoring.
PS: The writing style sucks, but it's worth ignoring.
It was a great book and has a great way to explain the priorities we should have as humans in relation with our mind and money.
It's pleasing to see the tide turn (slightly) against this book and the author. A terrible, arrogant book that offers little to nothing for building wealth. Huge question marks over both the "truth" of its contents and the practicality (and even legality) of the advice.
A short time researching reveals it got big on the back of the author weaselling his way into selling it via Amway, the notorious MLM company. Then it ended up being part of the culture.
Don't give this man your money or precious time.
A short time researching reveals it got big on the back of the author weaselling his way into selling it via Amway, the notorious MLM company. Then it ended up being part of the culture.
Don't give this man your money or precious time.
informative
slow-paced
As a self help book, it fails in that most of its advice is not actionable
Rich Dad Poor Dad challenged some of my perception of money and confirmed others. But the important thing is that it got me thinking and looking at the way I am with money, how I approach earning, saving and spending.
Kiyosaki's use of his Rich Dad and Poor Dad as examples was very useful to illustrate his points, providing concrete examples.
While to book does not give instructions on how to grow your money, it is a very nice first step into the world of abundance.
Kiyosaki's use of his Rich Dad and Poor Dad as examples was very useful to illustrate his points, providing concrete examples.
While to book does not give instructions on how to grow your money, it is a very nice first step into the world of abundance.
Has to be one of the most important books I've ever read.
challenging
hopeful
informative
inspiring
reflective
slow-paced
This took me a long time to get through but I didn’t want to give up so for the last 70 or so pages I listened to it on audiobook. He is very repetitive and very anecdotal which annoyed me a lot of the time, but after finishing the book, I realised most of it is context and the final 50 or so pages is actually the meat. This book has motivated and inspired me to strive for portfolio and passive income.
The central lesson of the book - focus on buying assets instead of liabilities so that you can generate passive income & gain a measure of financial freedom - is sound. However, I felt increasingly uncomfortable reading the book as it became clear that my values and the author’s values couldn’t be further apart. I also doubt the validity of many of his anecdotes. A quick Google search of the author’s name after I finished reading proved that hunch correct. If you’re interested in personal finance, there are better writers out there.
A must read for all potential entrepreneurs and investors.