Rich Dad Poor Dad

Rich Dad Poor Dad

Rich Dad Poor Dad

The New York Times #1 Bestseller is changing how the world views money by shifting your context to that of a rich person. If you are like many - dependent on your paychecks to cover your monthly expenses - then you don’t think like the rich. The rich don’t accumulate cash. They accumulate assets that generate cash flow for them.

In reading Rich Dad Poor Dad, you’ll better understand the power that thinking can have on your life. If you are looking for financial freedom, then Rich Dad Poor Dad is a great place to start your learning process.

Author: Robert T. Kiyosaki
ISBN: 0-446-67745-0


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Rich Dad Poor Dad - book 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

USA Today

'RICH DAD, POOR DAD is a starting point for anyone looking to gain control of their financial future'

Excellent, February 2, 2001

I first read this book about 3 years ago and it totally blew my mind. As an accountant working in the City of London, I thought I knew the difference between an asset and a liability. Whilst some may criticize Robert for not giving specifics, I believe the book was written as a guide to those truly seeking financial freedom. Together with "The millionaire next door" RDPD helped me get out of debt in less than a year and set me on the road to acquiring assets. As the leader of an investment group, it is essential reading for all my partners and to date I have given out at least 30 copies (to the extent that I currently don't own one!!!)

Read it or potentially weap, February 18, 2005
Reviewer: david74529 from Sussex, United Kingdom

I've just finished reading Rich Dad, Poor Dad and my world has been turned upside down and for the better. I no longer walk down the road and dream of driving an expensive car going past as I now see it as a liability where as before it was where I was striving to get to. No longer is the big house on the hill the peak to climb for as this too is a liability but instead I'm now rearranging things to have my assets producing enough income each month to equal my expenses. This is what Robert says is escaping the Rat Race forever.

From there you can increase your assets to increase the monthly income to pay for the luxuries. A novel way of looking at things but one that can focus your attention and efforts in the manner that the truly wealthy do and not what the vast majority of people running around out there are doing. If you are ready and willing to receive the messages in this book it will change your persepective - it's just up to you to act upon it. The writing style is no holds barred and repeats things on purpose so you get the point drummed into your subconcious. Every choice and decision I now make will have this undertone. As Anthony Robbins says "Make a 2 degree shift now in where you are headed and in years to come it will become a huge difference." I highly recommend this book. --This text refers to the Paperback edition.

Concept about Financial Freedom, April 2, 2005
Reviewer: Yew Kin Wah from Singapore

Robert Kiyosaki has awaken the world on the subject of personal finance disaster which most of us are not aware of. Infact, he has taught us how to differentiate bwtween an Asset & a Liability , something most people think they know about but actually don't. In this book, Kiyosaki has revealed ways to achieve financial freedom which most people would never think about. I recommend this book to every person because the earlier you understand your financial situation the better and no one is destine to suffer if you know the way to manage your finance. Robert Kiyosaki showed you how in this book.

An epithany - get it and maybe change your life..., March 4, 2005
Reviewer: Liam Palmer from Southampton, Hampshire, United Kingdom

"Rich Dad, Poor Dad" has now been on the best seller lists for an amazing 200+ weeks and shows no sign of stopping. As this is a book about finance, not normally the most exciting of subjects, how might this performance have been achieved? What makes this book so special?

I can only tell you what I have seen. I have had copies of this book "borrowed permanently" from me by friends and family. I have struggled to start a conversation at a dinner with the person next to me, then next hour in animated debate on mentioning this book or it's author, Robert Kiyosaki. I have made tens of thousands of pounds by following the guidance of this book, increasing my net wealth many times over. I know people who have made much more (but then they started earlier!). It really is an epiphany for a lot of people; it lives up to the hype and can indeed, change your life.

Now before you get all nauseous and think I'm some pie-eyed hack, let me tell you that I don't do self-help books. Ever. I am a hard-nosed, MBA qualified businessman. I am very critical of some of Kiyosaki's latest works and promotions. But this book, more than any other factor, has helped me to succeed.

Kiyosaki simply lays out two views of life: what I call the thoughtless drone and the leading entrepreneur. The drone puts in the hours, earns a salary and generally follows the standard "2.4 children & mortgage" lifestyle. This includes substantial debt, "keeping up with the Jones's" and a never-ending cycle of want without ever becoming truly wealthy. The entrepreneur, on the other hand, focuses on becoming wealthy through seeing the world differently, taking calculated risks and stepping outside the behaviour of the norm.

As in most things in life, attitude is critical and that is what "Rich Dad, Poor Dad" gives you. While Kiyosaki is criticised for repeating the work of other books, for being too vague, for waffling, I feel these critics have missed the point. "Rich Dad" helps you to change the way you see the world. Once you have achieved that then anything is possible. For a huge number of people the epiphany of opening this book is something they will not forget.

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