Rich Dad, Poor Dad: What the Rich Teach Their Kids About Money--That the Poor and Middle Class Do Not!
Rich Dad Poor Dad What the Rich Teach Their Kids About Money--That the Poor and Middle Class Do Not Author:Robert T. Kiyosaki, Sharon L. Lechter "Personal-finance author and lecturer Robert T. Kiyosaki developed his unique economic perspective from two very different influences--his two fathers. One father (Robert's real father) was a highly educated man, but fiscally poor. The other father was the father of Robert's best friend--the Dad who was an eighth grade dropout who became a sel... more »f-made multi-millionaire. The lifelong monetary problems experienced by his "poor dad" pounded home the counterpoint communicated by his "rich dad." Taking that message to heart, Kiyosaki was able to retore at 47. RICH DAD, POOR DAD, written with consultant and CPA Sharon L. Lechter lays out Kiyosaki's philosophy behind his relationship with money. RICH DAD, POOR DAD opens readers eyes by: - exploding the myth that you need to earn a high income to be rich
- challenging the belief that your house is an asset
- defining once and for all an asset versus a liability
- explaining what kids need to know about money for their future financial success"« less
Amy P. (AmyP) reviewed Rich Dad, Poor Dad: What the Rich Teach Their Kids About Money--That the Poor and Middle Class Do Not! on + 7 more book reviews
Helpful Score: 14
Robert Kiyosaki is a fraud with a documented history of lying about his background, his wealth, and his financial abilities. He advises readers to engage in illegal insider trading and tax fraud. Read http://www.johntreed.com/Kiyosaki.html for a pretty thorough debunking of his claims.
If you are worried about managing your financial future, then this book helps to put things in perspective. While there are many \"how to\" books, this one teaches you how to have your money work for you.
Amanda K. (akortokrax) reviewed Rich Dad, Poor Dad: What the Rich Teach Their Kids About Money--That the Poor and Middle Class Do Not! on
I personally didn't find anything of value in this book, and I don't think the average person would. I've also heard that the man who wrote this book has been involved in multiple scandals and there are ethical concerns with his methods.
I would suggest reading "Your Money or Your Life" instead.