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Economics Search Economics EconomicsRich Dad, Poor Dad
Time Warner, London Search Time Warner, London by Robert T. Kiyosaki Search Robert T. Kiyosaki
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Rating:  More Details: Rich Dad, Poor Dad Rich Dad, Poor Dad @Amazon Rich Dad, Poor Dad @aStore |
Amazon.co.uk Review
Personal finance author and lecturer Robert Kiyosaki developed his unique economic perspective through exposure to a pair of disparate influences: his own highly educated, but fiscally unstable father, and the multimillionaire eighth-grade dropout father of his closest friend. The lifelong monetary problems experienced by his "poor dad" (whose weekly paychecks, while respectable, were never quite sufficient to meet family needs) pounded home the counterpoint communicated by his "rich dad" (that "the poor and the middle class work for money," but "the rich have money work for them"). Taking that message to heart, Kiyosaki was able to retire at 47. Rich Dad Poor Dad, written with consultant and CPA Sharon L. Lechter, lays out his the philosophy behind his relationship with money. Although Kiyosaki can take a frustratingly long time to make his points, his book is nonetheless a compelling advocate for the type of "financial literacy" that's never taught in schools. Based on the principle that income-generating assets always provide healthier bottom-line results than even the best of traditional jobs, it explains how the former might be acquired so that the latter eventually can be shed. --Howard Rothman, Amazon.com
Customer Reviews:
Great Read
This book has changed my way of thinking in life, instead of going into the rat race straight after university I'm thinking of investment opportunities and looking to be my own boss and make money for me and not someone else.
I read this book several times while I was on holiday and each time I read it I noticed something that I didn't before.
Comments on some critics points of view
I have copied and pasted some common critics points with regards to this book and to be fair I would like to comment on them.
"Don't be fooled by get-rich-quick books like this one"
He NEVER said getting rich is quick. In fact he spent years developing skills to build his wealth. This book is NOT about get rich quick.
"The book seems to imply that making money is easy, which it is if you ignore risk! And just as easy to loose it if you ignore risk!"
Once again he never ignores risk. It is all about getting yourself educated before you do the stuff he tells you. He always says learn from mentors and people that made it. His mentor is rich dad. You see why some critic will also say he is over repetitive? Even when he is repetitive you still get critic that says "ignore risk" even though he repeatedly says get educated before you take risk.
As for risk an example would be, you can drive a car without lesson. Now that is a big risk cause you don't know what you are doing. Once you get more lessons you feel more confident and you can be safer on the road but the RISK is always there.
"Haven't we already see some people quickly figure out, after reading his book, that they should not go to college, but instead, getting rich quick by managing smart people."
He NEVER said don't go to college. He simply said college does not teach financial education. In fact he values academic education. As for managing smart people, if you are building a business generally you need smart people to be in your team.
"What I needed, and what this book completely fails to deliver is hard facts on how to do just that, where to get the finance, how the process of buying works, who are the professional's needed to assist."
This book is not a blue print to get rich. This book changes your thinking about money. If you want a spoon feeding material than this is not the book for you.
"He also over-simplifies by giving examples of how to get rich quick by buying property. Miraculously, these properties always happen to rocket in value as soon as he has bought them, and he also seems to forget that if you take out a mortgage, you have to pay it back!"
Buying properties requires skill. What he done is purchase distressed property and put it back in the market for a higher price. He never said this is a get rich quick scheme. Example he said is to buy Property A for £20k and sell it for £30k and he made a profit of £10k. If he says he made £30k then yes the example above is correct that "he forgets about mortgage". He over simplifies it yet some people still get complicated.
This book has a simple yet has a deep insight. I would suggest read the whole thing and be open minded instead of focusing on one sentence and criticise that one sentence.
Absolutely life changing!
A must read for anybody wishing start on the road to financial freedom. This book in not get rich quick guide. It focuses on the mindset and fundamentals of making money and financial intelligence. Wish I'd read it in my early 20's.
Too much repetition 
Robert Kiyosaki presents the concepts of aiming to become "financially independent" in your life by living within your means, investing in assets that generate income and learning about money. I loved the beginning of the book with the story of his rich dad and poor dad but then Robert slips into a repetition of the same concepts for the final half of the book. I liked "Eat That Frog" by Brian Tracy because it's a very short book with a lot of information in those few pages; I would've preferred Rich Dad Poor Dad to be in a similar style. Overall, Rich Dad has some great concepts but it's too long.
A book everyone needs to read
A very good book this is, the differences between his two "dads" was like chalk and cheese. The poor dad always thought life was a struggle and the rich dad found it to be a breeze, and the difference was thier psyhcology. The rich dad had an abundant way of thinking and the poor dad had the opposite, so the author learned some things from both but mainly he learned his financial tacttics from the rich dad (obviously). There is a wealth of really good advice in here which everyone should read alt least once in thier lives.
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Accessories:
 Money 2004 |
 Money Financial Suite 2004 inc. TaxSaver Deluxe |
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related blog:
rich dad, poor dad : by robert t. kiyosaki
new book added by mattycole.
http://www.bookhopper.com/Web/Books/BookChosen.aspx?asin=0751532711&id=92335
rich dad poor dad
... this book for the first time and i had set out to do my first startup venture. paperback: 224 pages; publisher: time warner paperbacks; new ed edition (january 3, 2002); language: english; isbn-10: 0751532711; isbn-13: 978-0751532715.
http://bricwire.com/blog/archives/7
rich dad, poor dad (rich dad)
time warner paperbacks | 発売日: 2002/01/03 | 価格: ￥ 2052 | 平均評価: 評価無し | 納期: 通常24時間以内に発送.
http://www.amagle.com/browse/0751532711/
