Rich Dad Poor Dad: What The Rich Teach Their Kids About Money - That The Poor And Middle Class Do Not!

I give this book to everyone of my grandchildren when I get to be a certain age with a nice fat check inside. We take the time to go for a meal at one of their favorite places and discuss the things I like about it and the things they like about it after they’ve read it. They can cash the check once the book has been read in the dinner has been eaten, and we have discussed all of the good pros and cons of the book. without a doubt, every single one of the children who have read this have grown in their understanding of being able to earn money through multiple forms of income, and to have a concept of understanding how to grow wealth with the long-term good of themselves and to help others. Great book I recommended highly high.

First off I must start by saying that THIS BOOK HAS CHANGED MY WHOLE PERSPECTIVE ON MONEY!!!! Now I started practicing a new way of thinking and living at age 19 (I am currently 27 yrs of age) and I've always came across this book but never took the time to read it. I am now realizing that I had to read, learn, and experience other things in life that would prepare me mentally for this book so that when I finally read this book I could understand and appreciate the value that this book holds. This book is powerful I mean it is really magic in the pages of this book and I plan on riding it again and again and passing it down to my household, friends, and family. After reading this book it is a must that I read more books by Robert Kiyosaki, subscribe to his website, read books by his wife and any other authors that he recommends and I cannot wait to play his cash flow games I'm super excited and that. Last but not least I cannot wait to teach this financial education concept to my children once I decide to have some one day. There is no doubt in my mind that with the tools I've learned from Rich Dad Poor Dad, that I am on the road to financial freedom thank you so much Robert Kiyosaki you are inspiration to my future....

Your home is a liability.Sounds crazy to most people, but when you think about it - especially in the simplified way the author presents it - it's true. Investments being money in, while liabilities cost us money, and that house is draining hundreds or thousands out of your pocket every month. Knowing this difference is what differentiates the rich from the poor and struggling middle.Kiyosaki doesn't go into great detail about the ins and outs of how to get started with that first investment, but he does provide a good overview, so you at least have an idea of what you don't know and where to go from here. He also provides a list of more actionable items anyone can start employing immediately, before even making that first investment.The book, itself, is an easy read. I got done with it in 4-5 hours, and I'm a slow reader. However, it has quite a bit of great information, some of which was no-doubt lost on me this first time around. I fully plan to come back to this book and read it again after I've put some of the actionable items into play.The biggest thing I didn't care for was that a good chunk of the middle was spent talking in abstract terms about real estate investing, and for a time, it felt like that was his only recommended source of income. I would have loved to see him touch a little more on the other alternative forms of income in this section. I also would have loved to see more stories about his childhood in this section, as those seemed to abruptly stop partway through.Finally, I will say this: to fully understand the purpose and message of this book, you need to be ready to set aside what you think you know. You need to be ready to at least consider turning conventional wisdom and everything you learned on its head. Sit back and think about the decisions he describes and dig into the whys behind them. Don't let knee-jerk disagreement get in the way. If you think his statement that a person's house is a liability is contradictory to his later talk about investing in real estate, then you need to think more about the differences between the two and how the earlier description of assets versus liabilities applies.

a friend of mine originally loaned me his paperback edition of this book. i read it cover to cover and it completely changed the way i think. i read a lot. i'm 20 years old and i have been reading non-fiction books since i can remember. i started reading stephen king at the age of 11. in short, i am a damn good reader and i finish books really fast. i often then don't bother to reread the same title. this book is the exception. i bought it for my kindle fire and within the first thirty minutes i read 13% of it. oh yes. the kindle edition shows you how much you have completed in terms of percentage. it's also a lot easier than reading the actual paperback edition. i don't have to turn pages, it won't wear down with age, and i can look up a word just by holding my finger down over the term i am unfamiliar with.it's also really easy to read. kiyosaki expresses all of his points with clarity in a conversation style of writing. i tried reading other books like "on the postcolony" by mbembe and his way of writing is very hard to comprehend. this is not like that all. if you are confused with what you want to invest in and need clarity, this is the book for you. i live in the tempe area of arizona and i've seen the real estate market change drastically here. before i read this, i was vaguely interested in investing in real estate. now i am sold. he gives examples on ways he made a profit doing short-sales, buying property and then waiting for it to increase in value before selling it off. he also cites some of the tax laws that the rich (him) capitalize on.in short, read it if you need clarity and direction on what you want to do. if you're already self-made and wealthy (rich), then don't bother. but if you're like me and stuck in a dead-end job where you're not getting paid enough, then please give this book a shot and ignore the critics. it changed the way i view money and i'm sure it will change your views too.