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2.07k 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
2.07k 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
First, lots of people have found inspiration in this book. So, it must give something to people. Personally, I found it to be okay. It’s primarily about mindset and philosophy, which can certainly be helpful if you want to achieve financial freedom. The mindset of not fearing money is especially fundamental. But for me, mindset isn’t the issue - though being reminded doesn’t hurt - and I’m looking for more detailed financial information. Also, while I think some of the personal lessons are important if you want to increase your financial well-being, there is an undertow in this book that is an apologetics for the wealthy and a blame-shaming of the poor. Can someone use these philosophies and mindsets to get ahead? Yes, likely. But, does Kiyosaki have a deep diagnosis of the why’s and wherefore’s of poverty? No. But, he claims he does. And that is corrosive, in my humble opinion. I won’t be reading any more Kiyosaki books (he has enough of my money from this one), but for those who are just starting out on their path of financial education there are worse places to start.
It took me so long to read this book. Many people told me to, but I always put it off because I didn't feel interested in learning about finance.
I just finished reading and digesting the book in less than a week I'm so glad I finally did.
Rich Dad, Poor Dad offers all the basic mindsets and philosophies that most people do not believe.
So reading it was a very eye-opening experience. Thank you.
I just finished reading and digesting the book in less than a week I'm so glad I finally did.
Rich Dad, Poor Dad offers all the basic mindsets and philosophies that most people do not believe.
So reading it was a very eye-opening experience. Thank you.
I have got a lot of interesting stuff from this book, and it confirmed many things that I was thinking about recently.
I need financial freedom. I started thinking about investing. This was the 1st book I read after many years. This helps you to gain financial literacy that we dont get in schools. Make you think to be independent and to retire at the time you wish. Learn as much as you can about everything before 30's bcz 20's is the period to take risk and know many things. From the experience you can make one a goal and achieve it. He said freedom of being a self dependent. He says the difference between employer and employee. Just read to gain basic financial knowledge. After reading this book I started learning more about Investing, stocks, business. I really advice everyone to read it.
1/10 - absolutely brutal. considered one of the best personal finance books of all time? COME ON! It basically made it seem that if you didn’t own your own business and worked for someone else, that you were an idiot.
My father handed me this book two nights ago, and said something to the effect of "interesting read--not very informative, but not bad".
After reading 36 out of 195 pages, I've already gotten a grasp of the overall message (make your money work for you). I've also become bored with it. As a future purveyor of doctorate-level counseling/psychological services (fingers crossed, here), reading the dribble that pop-psychologists, self-made millionaires, and the like are allowed to put into print nauseates me. I will admit freely that self-help books can be and are a legitimate help to many people. But the fact that Kiyosaki continues to make so much money off of a book full of relatively obvious "revelations" is off-putting to say the least.
This book will sit on my bedside table a few more days for the sake of my father's dignity. But I'll be damned if I spend another spare moment reading it.
After reading 36 out of 195 pages, I've already gotten a grasp of the overall message (make your money work for you). I've also become bored with it. As a future purveyor of doctorate-level counseling/psychological services (fingers crossed, here), reading the dribble that pop-psychologists, self-made millionaires, and the like are allowed to put into print nauseates me. I will admit freely that self-help books can be and are a legitimate help to many people. But the fact that Kiyosaki continues to make so much money off of a book full of relatively obvious "revelations" is off-putting to say the least.
This book will sit on my bedside table a few more days for the sake of my father's dignity. But I'll be damned if I spend another spare moment reading it.
The good:
- An insight into the genuine philosophies and business strategies of the rich.
- Some first steps into expanding your asset column, mostly involving real estate or starting your own corporation.
- Some sound advice. For instance, pay your brokers and financial mentors well, as they are an educational investment as well as a service provider. He also emphasized investing in your education above all else. That making smart financial decisions is about leveraging intellect in several areas.
The bad:
- This book has an an unabashed point of view that the poor are poor because they are "afraid" and that the rich are rich because they are "bold." I mean, come on.
- An insight into the genuine philosophies and business strategies of the rich.
- Some first steps into expanding your asset column, mostly involving real estate or starting your own corporation.
- Some sound advice. For instance, pay your brokers and financial mentors well, as they are an educational investment as well as a service provider. He also emphasized investing in your education above all else. That making smart financial decisions is about leveraging intellect in several areas.
The bad:
- This book has an an unabashed point of view that the poor are poor because they are "afraid" and that the rich are rich because they are "bold." I mean, come on.