Rich Dad Poor Dad by Robert T. Kiyosaki, Sharon L. Lechter (2000, Paperback)

Robert Kiyosaki has put it clearer than anyone else for those just getting started how to understand the basics of wealth creation. The public education system in this country does not teach this, and the information on learning this has not been accessible to the average joe until now.

I have been a real estate investor & Mentor for 10 years now, and I have always wanted to express the reasons of my success vs others in the business. Before I found this book I never quite had the words to describe it, quite like Robert does so eloquently in this book.

He hits the nail square on the head as to why that even though the playing field is level, some people feel like they are running up hill, and others seem like they are running downhill. The key to wealth is understanding what wealth is and then understand the rules that it works by. I have all my students that I mentor read this book before we even start mentoring.

A main staple for all finance reading! Drop poverty thinking is the basis of this book. This book reviews mentality of wealth in a story that is compelling. This is a quick read and is right on for every type of person at any stage of growth. If you are just starting out or are a person who has already become wealthy it is worth strolling through. The book is good- but the audio is even better because it is a concept given in a story form.

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This book opened my eyes to how the 'system'works to help the rich become richer and the poor to stay poor.It simply explains how those in power have deliberately 'rigged' things to benefit themselves, but if you are aware of the things that have been done you can use them for yourself to gain wealth.This is not a'get rich quick' book,it is more about deciding to use the laws the same way the rich do-start a buisness,save on taxes,invest in things that will increase your net worth rather than'spending'your wealth prematurely.No specifics on getting rich,but more about your attitudes;beliefs;and behavior's when it comes to money.My net worth has increased by 3x's since first reading this book(and the rest of his book's)about 4 yr's ago.I recomend reading them,just don't expect things to be easy and simple because you read a book.It takes work and thought to become wealthy.But it will give you some guidelines to follow.

This was perhaps the best book on personal finance and wealth that I have ever read! It is full of wisdom, yet it is written in a manner that reads easily. I highly encourage anyone to read this book!

I must start this review off with a bash. A bash that is of an epinion review that says it will be good for interesting conversations about money. SAVE YOUR TIME!! A majority of people are ingrained with their reptillian way of thinking and will waste your time arguing about the new concepts which you have learned from this book. SAD BUT TRUE!!

This book answered a question for me.

It is from when I was in high school.
"Why is it that they increased the inheritance tax on the Super Rich and yet their wealth increased? (50% I believe.)

This book is a must read for ALL students in high school and above. The reason the book is not more specific is because Mr. Kiyosaki wanted you to choose your system of how to become rich!

Without this book I would not be selling on Ebay!

Please buy or get from the library. More importantly, PLEASE LEARN from this and find a friend who has a the Cash Flow game!

I am not selling any of the products!!!

Thanks
littlesons_shop

The first time I picked up the book I only read a few pages.... It sat for months before I started again. So I would have to say the beginning is a little slow. It also depends on whether you are interested in changing your life. At that time I was not concerned about my financial status and figured I was well enough off.

When I finally read the book in earnest I found it motivational and inspiring although a little lacking in details. The ideas and principles taught can be life -changing if you are ready to accept a non-traditional viewpoint.

Kiyosaki teaches against the doctrine of go to school, get a job, work hard for 30 + years and hopefully social security, your companies retirement plan, and your 401(k) will keep you above the poverty level when you retire.

He teaches you to make your money work for you rather than you working for your money.

The diagrams were very simplistic and not very useful. They seemed to be a way to take up space so the book would appear thicker.

Even though I found a lot of negative points, I still think it is a valuable book and I recommend it to anyone looking to change their financial outlook.

Outstanding book! It really opened my eyes as to the posibilities of wealth building! I learned that I have been thinking of money in the wrong way for all my life. This book opened up many doors for me, and literally turned on the light in my head!
I highly recomend this book to anyone who wants to learn about $, wealth, and how it can work for you.

This is one of my all time favorite books on real estate and investing.

Great story with outstanding information that can be applied immediately.

I have read every book in the series since.

Buy it.

Now.

Really.

Rich Dad, Poor Dad is a very interesting read and highlights that your money should work for you and not the other way around. Said in another way, spend your money on assets that will produce income as opposed to going into debt buying material things.

I recommend reading the original and not bothering with all of the spin-off books. I think that the subsequent books were the authors attempt to get rich by selling books instead of his own advice of investing in assets.

Since you are interested in personal finance & growth books, I strongly recommend reading "The Millionaire Next Door" which really changed the way I feel about wealth and people who seek to own expensive material things.

This book was very slow and circular. It was chock full of grammatical errors (didn't he have an editor?)The book is intended to be helpful in learning to make money but only succeeded in taking mine. It was also quite annoyning that the author seemed to disregard his own father and his ethics in his pursuit of money. I would not recommend this book unless your an editor looking for a new client:0(

I found this book to be a slow read. He kept going over the lessons his "Rich Dad" taught him but didn't get specific enough for me. Just when you think he's going to tell you something you didn't know, he would just start on something else. It seemed this book is more for people who already have money. However, it did give me some good ideas but I wish I had borrowed this book from the library instead of buying it.

This book changed my life. Instead of drearily trying to "make ends meet," I am now, every day, thinking, "How can I make my money work for me?"

Sounds very elementary--but when you're coming from the standpoint of simply trying to survive from check to check, wondering how you're going to buy groceries--this is revolutionary, or it was for me.

See, here's the thing: I forgot that I was in control of those pennies.
"Rich Dad, Poor Dad" helped me see everything differently, and now, a month and a half later, I actually have money in a money market account, AND I have $200 invested. It's not much, but it's working for me--it's earning interest.

Previously I'd been stashing cash in a jar, and I was actually pretty proud of that. Sure enough, though, something'd come up and I'd need that money, and I'd be stuck starting over with nothing. Getting nowhere.

Even if I add nothing to this money, it's working for me. Through sharebuilder, a discount broker online, I can add as little as $10 at a time. It all adds up.

The author talks about the difference between rich people and poor people---one chief difference: the rich pay themselves first.
What!
As it turns out, when you pay yourself first, that money of yours--its interest--will eventually be enough to pay your bills.

Another chief difference: poor people tend to think their home is their biggest investment, and it's actually a liability because it doesn't make you money.

I enthusiastically endorse this book. the only reason I didn't give this book a 5 star rating: sometimes he sounds like a kindergarten teacher. I felt patronized at times.

The book's message outweighs the tone, though. I highly recommend this book.

Robert Kiyosaki writes in a easy to read manner that keeps your attention and teaches the core principles of financial success. Principles that are not taught in school or in most families. These principles are used by the Rich every day. It is a book you'll want to read over and over again, everytime I read it I learn something new.

Since reading the book Robert Kiyosaki co-wrote with Donald Trump, I wanted to read more about making money. This book is the advise that Robert Kiyosaki's "rich dad" gave to him. The advise is very good and inspiring for the reader. It won't make you rich, but it will encourage you to go out and make an effort to improve your skills and knowledge in order to make money work for you instead of the other way around. It was interesting to see the different points of view between the "rich dad" and the "poor dad". I would venture to say that most of us received the "poor dad" type of advise growing up. It was very familiar advise to me. Getting a look at the other side was good and gave me a lot of food for thought. I really enjoyed the book and would recommend it to anyone interested in the advise of a wealthy individual. Two things I learned through this book were: 1. The way we look at things is very important to accomplishing or failing at making money; and 2. That fear is one of our greatest obstacles to success.

Before reading this book, I had no answer to the question why the children of rich parents are rich and the descendants of poor people are poor, and why poverty is eternal while broke is temporary. I didn't know why rich persons quickly recover from bankruptcy while poor people even winning millions in a lottery sooner or later revert to the poverty again.

This is the first book I ever read that clearly and briefly provides the response to the question. What differs rich from poor is not how they earn their money but how do they spend their money. Rich people spend all the money on money-generating assets, and the rest is kept for luxury like big houses or nice cars. Luxury is merely a reward for a high cash flow from the assets. Not enough money comes from the assets - no luxurious toys. Poor is the opposite - they buy liabilities like a big house and a powerful car which besides mortgage and credit payments require a big sum of money to upkeep them. Thus the poor class is always in debt and is deprived of money required to purchase the sources of income.

The most of the case vignettes of the book are fiction, and the author warns not to follow them literally but to use them as a source of inspiration and imagination and always use your own brain and your own judgment. Do not treat this book as the author's biography, as it may have seemed so. When I read a chapter about the childhood of mr. Kiyosaki and his next-door playmate, Mike, I've found so much interest, stimulation, liveliness and variety in this section that I've instantly realized that it is a literary work of imagination.

Because of the author's excessive mixture of real names and thought out cases, some people may conclude that mr. Kiyosaki is trying to trick or deceive them (e.g. "John T. Reed's analysis of Robert T. Kiyosaki's book Rich Dad, Poor Dad"). Please do not think this way about "Rich Dad Poor Dad", just treat it as a solid non-fiction framework with fiction illustrations.

My husband and I have read this book and most of the following Kiyoski books. We have bought and played the game numerous times over the past two years, and have even gone through the coaching that's offered through their website. This is definitely not a 'get rich quick' scheme. It's a slow growth process that not only deals with finances, but your deeply ingrained attitudes and habits concerning money.

This has been a more than five year process where we have started a home-based business and learned to pay us first, in addition to tithing regularly. We have invested money and have enough accumulated at this point that we could live for over eigth months should something happen to 'the day job'. Is this easy? NO!!!!! It's choosing to stick to a budget (HARD, HARD, HARD). But we believe it will be worth it in the long run.

This book is O.K. It was recommended to me as I was starting a new business.I have not completely finished reading yet but I am finding it very repetitious. Hope I get the point by the time I am done.

Well I never received the book in the first place. I also emailed the sender and was never replied to. For those buying on ebay, all I can say is buyer beware. FYI Buyers, the seller was BOOKMAN513, I recommend you don't purchase from this seller.

This book gives an insight to what all people can do to start accumulating wealth at any age. It's a mind set of asset vs liability. Not the traditional definitions you've heard before though. Very easy read that will help you get the big picture.

i emailed the seller numerous times and never got a response. on his reviews, people wrote fast shipping ect... its been over a month and i have still not heard anything from the seller, and the book never arrived.

I love the book because its very informative, and I would recommend that everyone read he book! I bought the book because I wanted to learn a little more about the economy, and financial responsibility!

I am in the network marketing industry and this book just really helps get people motivated. it is a awesome book!