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Rich Dad, Poor Dad: What the Rich Teach Their Kids About Money--That the Poor and Middle Class Do Not!

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Authors: Robert T. Kiyosaki, Sharon L. Lechter
Publisher: Business Plus
Category: Book

List Price: ~~$16.95~~
Buy Used: $1.99
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New (126) Used (580) from $1.99

Media: Paperback
Edition: 1
Number Of Items: 1
Pages: 207
Shipping Weight (lbs): 0.6
Dimensions (in): 8.9 x 5.9 x 0.7

ISBN: 0446677450
Dewey Decimal Number: 332.024
EAN: 9780446677455
ASIN: 0446677450

Publication Date: April 1, 2000
Availability: Usually ships in 1-2 business days
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Condition: Wear and crease to the cover. Overall Good Condition. 100% Satisfaction Guarantee. EZ Return Policy. No Sale Ever Final. FAST Daily Shipping (Z862)

Customer Reviews:

Showing reviews 6-10 of 100

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Don't bother. Seriously. November 2, 2008
7 out of 8 found this review helpful

This book is all cliche and lies. br /br /1. The author recommends that people join MLM to become "better salespeople". br /br /2. The author shows a strong distaste to basic education. (He was held back sophomore year in high school.) br /br /3. The author shows a lack of respect for his real father (poor Dad)br /br /4. The author shows a way too basic math to demonstrate his profits.br /br /5. The author makes recommendations that are flat out illegal (such as writing off vacations on the corporation...aka, tax fraud.) br /br /So, don't bother reading it. You want the basics of the book? Here....br /br /1. People work for money because they are in fear.br /2. Rich people horde their money because they are in fear of losing it.br /3. Schools don't teach people about money. br /4. People who don't know about money will always be poor.br /5. He will not show you how to make money, nor will he show you how to make money work for you. He'll give a couple examples that have mathematical and legal errors with regards to taxes.br /6. He preaches to use corporations to save on paying taxes....news flash: corporations have double taxation. That's the price of the legal protections.br /br /Anyway, there's the gist of the book. The only money that Robert Kiyosaki has ever made is from this book...it's motivational, but financially irrelevant. This book started it's circulation through Amway...think about that. He is speaking about money and recommends MLM...was this book designed to make the Amway people feel better about their decision to join MLM? br /br /Think before you buy. And hopefully you'll put your money away.

5 out of 5 stars

An eye-opening experience October 31, 2008
1 out of 1 found this review helpful

The ideas in Rich Dad, Poor Dad have changed my way of thinking about money. Some of the things said in this book are shocking, but they make perfect logical sense after a bit of reflection. If you want to understand money, I'd recommend you buy this book for you and all of your friends.

4 out of 5 stars

Very Good October 31, 2008
0 out of 2 found this review helpful

Item was received in a timely manner and in good condition as promised by seller.

1 out of 5 stars

Bad Advice! October 30, 2008
6 out of 7 found this review helpful

How do you become rich? Simple. Just write a book about how to become rich. I've see the author's face everywhere, and he unfortunately is a bit of an opportunist. Aside, from the self-aggrandization, his advice is just wrong, and even worse, it's harmful to the ill-informed. This book focuses on what people supposedly do wrong with their finances, but provides very little help for how to do things right, or more important, how to become "rich". br /br /So what's "wrong"? Investing in a 401-K is wrong, he says. Saving cash in a savings account is wrong. His reasoning is that a 401-K locks in your money and a savings account stagnates. True, but at least you're saving something, as opposed to what he considers "right."br /br /And what's "right"? Investing in the stock market is right. And buying real estate is right. Owning your own business is right. You need only glance at the past month's headlines to realize that this is really, really bad advice. High home foreclosures. The sharpest drop in the stock market ever. And businesses laying off record-numbers of employees and many shutting their doors.br /br /Rich Dad, Poor Dad encourages everyone to be an entrepreneur, but neglects to mention the dramatic pitfalls that come along with it. Not everyone is an entrepreneur, nor should most people try to be. If you are supporting a family, you ideally try to minimize risk, not maximize it. br /br /The premise of this book is intriguing--that a shift away from the financial beliefs you were raised with could precipitate wealth--but the book not only fails to provide sensible ideas, it actually teaches very damaging ones.

5 out of 5 stars

Taking Action October 27, 2008
1 out of 2 found this review helpful

I read this book back in college while I was studying engineering and it was quite inspirational. But after I graduated I ended up taking an engineering job for about a year and a half and realized that I wasn't getting paid what I was worth. I went back to read this book a few months ago and ended up quitting my job in hopes of doing something more. (Although I did apply for USC and got in to get my Master Degree while I was trying to do something else just in case things didn't work out) But anyways back in August I attended one the Rich Dad's free seminars and ended up paying for more advanced classes through them. So now I'm hoping that this could lead me to the financial independence that the book has motivated me to achieve.br /br /[...]

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