Rich Dad Poor Dad by Robert T. Kiyosaki, Sharon L. Lechter (2001, Compact Disc)

Rich Dad Poor Dad has been around long enough now so that everyone should know it's the true story of Robert Kiyosaki's 2 fathers; one rich, one poor and how Kiyosaki developed financial literacy.

This book will tell you some things that you don't want to hear like a house is not an asset. That financial literacy is different from educational literacy. That your income is not your wealth. Investors are different from savers and so on.

Easy to understand why some people fail to understand the concepts taught by Robert Kiyosaki.

The real question is: How are doing financially? I mean really?
You can live in a big house, have 3 cars, a nice job and a big income, but if you are living on 125% of your income, you are still a poor person.

It's cash flow that determines your wealth. If you spend all you make, plus some, you are in a negative cash flow.

As Kiyosaki explains, "assets feed you, liabilites bleed you." Too many people have too many liabilities and too few assets.
Unfortunately, some people feel this is normal because everyone else does it as well. ENT!

401 (k) plans are savings plans according to Kiyosaki and nothing wrong with that as long as you understand that you have a savings plan. Never call these programs investments. Unfortunately, most people do. Investers get in and get out and understand the risk. Investors also make money whether the market goes up or goes down.

Savers since March 2000 look at their 401 (k), mutual fund statements, brokerage accounts which they mispronounce "investments" and all they see is red. Typical "Poor Dad" mentality.

Kiyosaki also enlightens on income vs expence ratio. The role that taxes plays on slowing wealth accumulation. "It's not what you make, it's what you keep" says Kiyosaki.

Rich Dad Poor Dad teaches you to act like, be like and think like a Rich person instead of a poor person.

13 years ago was the first time I recieved training from a truly rich person. This guys net worth was in excess of 1/4 of a billion dollars. I had the gall to tell this guy that his advice was interesting but my concern was that it did not coincide with with I had been taught by parents, relatives and other family members (Poor Dad mentality).

This man was kind, smiled and asked me politely and seriously; "How many of those people who taught you were rich?"

Good question and I got it right away. The fact is, no one in my family was rich. There were sincere and meant well, but not rich. This guy was. I wanted wealth, not just security.

Robert Kiyosaki is offering the same advice. If you want to be rich, listen to a rich person.

Rich Dad Poor Dad is a excellent book to get you started on the road to wealth. I highly recommend it.

I can't believe it took me so long to read this book. I have heard about it for years. All I can say is that it really was life changing for me. I was a complete liability person before I read this book, always looking for the next liability to buy. Now all I look for are assets. After this book I see the world through a new view. Anything is possible if you have the right mindset and this book can absolutely help you achieve that.

Rich Dad, Poor Dad revolutionized the way that I look at money, business, education and real estate. I grew up like most Americans he describes, learning very little about finances or business. I appreciate his controversial views on topics such as home ownership (it is a liability according to Kiyosaki) and real estate (it is the best investment according to the author). The book is short on details and you will not learn a step-by-step method for improving your finances or your financial future but subsequent Rich Dad products have attempted to fill that void. Overall, this is a very informative audio book.

I purchased the Audiobook to take along on a long road trip with my husband. The incidents that are depicted between the Rich Dad and the Poor Dad lead you toward your own upbringing around money, creates an understanding of why you have created wealth or a poverty consiousness and how to overcome them, without sounding like a self-help book. I had so many ah-ha moments and this book created such excitement in me that I want to give this series to all my kids who are now grown adults. I know that this will be helpful for them and their future.
One would think this book is more of a business, investment type presentation; but I can guarantee that you will want to know more and more! A great presentation on money and how to bring it into your life!!!

My son loved the book, said it changed his life. So thought I would get the CD's for his birthday. He is starting his own business and he said when he would get discouraged about the process of buying a business he would refer back to the book and he would feel confident again. So I thought he could do the same while he was driving, he could listen to it instead of reading as he has little time...now that he is a business owner.

You need to read this book if you are frustrated with your life and your ability to earn and keep your money. A college education is great but it's not the only ticket to building your nest egg. I had a great paradigm shift when I read this in that I realized that working for a state agency is fine and somewhat reliable BUT if I want something more in life, I've got to get educated about money! Unless you majored in finance or economics, I doubt your college education taught you what you need to know about building your nest egg.

If you think it's too late for you to get educated, think again. Do it for your children, if nothing else!!!

I saw Robert Kiyosaki on TV recently, and like his style of speech - informative, not boring and no pressure to buy his products.I was looking for sources to improve my financial edication, and his audiobooks fit my need.I prefer audiobooks, because I can listen to them in the car or on my iPod while driving.This way my drive to work is not a waste.I enjoyed listening to "Rich Dad,Poor Dad" so much, that I bought a few more audiobooks authored by Rober Kiyosaki.I enjoyed them once, and started listening a second time.
The only thing I dislike about the audiobooks is, that some are the abridged. I
would prefer to have an unabriged version, so I would not miss anything that is
in the written form.

excellent document on how to make money but breaking free of conventional thinking. would recoment to any one. Thanks

This book is a must read for anybody that has every wondered how to become extremely wealthy. It does not give you a drawn out plan but it does give you the general principals on what it takes to be financially independant, which in my opinion is more valuable.

Everyone must read the book or listen to the Audio CD's in order to grasp the concept that its not about how much money you earn, its about how much you have saved and invested!!

This Book tells you the story of how he got rich, not really a self help book for the populace. This Book tells you the story of how he gets money from his royalties, interest, rental income, etc, but you can't really catch up unless you are 9 years old and have not made any financial mistakes. He is not going to tell you how to get out of financial debt, however he will make you aware of your financial mistakes, which by the way are the "American dream" that is own a home, have a secure job and raise a family. He gives you the Hooverian political campaign speech. Don’t waste your money on this book to make him richer and you poor.

If you are in America, the land of opportunity, you are supposed to have at least this Rich Dad Poor Dad series. They are meant to change your life for good.

Great Motivational speaker. Is a little redundent if you've listened to other tapes first. Gives excellent information on how to move from an employee mindset to a personal riches mindset. If you don't have some way in mind to become self sufficent not really helpful but if you do it's a great lead in to how to use your knowledge

Interesting insights for a stabilized economy. Not practical for current downturn. Outdated Financial strategies since the new US establishment. Although a beneficial read for a better understanding of investors success & failure.

It's a great product. It really makes you think. This could change your life if you're willing to take it to heart.

I've heard good things about this so that is why I got it. I would recomend it to anyone looking to move out of their comfort zone.

It was prompt delivered and it was exactly how it was described. I didn't find anything wrong with the product that was shipped to me.

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I LOVE IT!!! This CD set is truly amazing and im sooooooooo glad i purchased it!! The best is that it was sent so fast!! THANK YOU THANK YO THANK YOU!

The product arrived shortly after my payment was received in the condition it was listed. Thank you.

GREAT JUST AS ORDERED AND FAST SHIPMENT! ITEM WAS JUST AS LISTED BEST PRICE FOR THIS ITEM. CD WAS PACKAGED WELL AND SHIPPED VERY FAST. I WOULD ORDER FROM THIS PERSON AGAIN. THANK-YOU

I am a middle class, educated person like his Poor Dad and although he has some great pointers and some creative outlooks he really knocks the middle class for being dumb and has a pretty offensive outlook stating the rich avoid taxes because they are savvy enough to "outsmart" the government at the "dumb" middle classes expense.

I enjoyed the parts of the book that had some "good ideas" and really felt that he feels that the "rich" are entitled to evade the rules that keep the middle class in the "rat race".....

Over all the book is informative, but somewhat offensive.....

My Father has been wanting this book forever, however, his vision isnt what it used to be due to a stroke and reading was one of my Dads favorite hobbies, so when it came out on Audio!! Awesome! He loves it and still preaches its messages to this day!! Thanks a bunch