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

• Not worth the money or time

  
  By AS9CUR7C69N6W on 2000-10-15
  I know this book was a best-seller and has a 4.5 star average on Amazon. This does not make it good, and I will explain why.

  First, most people focus on his inspiration and pointing out that you need to save money instead of spending it. To put it bluntly, "Duh." To be more constructive, there are much better books on this subject - for instance, "Your Money or Your Life." It's easy to spout platitudes about why you should save, but Kiyosaki doesn't tell you how.

  Second, his real estate advice. Kiyosaki emphasizes making money in real estate, since it seems clear that is how he made his fortune. But he does a terrible job explaining that as well. People have lost fortunes in real estate; Donald Trump went from being a billionaire to losing most of his empire. It isn't easy. Kiyosaki himself says that winners learn from their failures; where are his failures?

  Perhaps he should refer people to other books about real estate, but one of the books he recommends was written by a man who had a half-million dollars in tax liens filed against him and declared bankruptcy - all before "Rich Dad" was written. That isn't exactly the kind of advice I was looking for!

  Third, experts in the fields he talks about generally agree that his advice is bad. A review by an experienced real estate professional is here: http://www.johntreed.com/Kiyosaki.html. His advice on making money via IPOs is completely wrong; you can't invest that little money so close to the IPO filing for such a large discount. It just isn't done that way.

  Fourth, his emphasis on making money. I like money, don't get me wrong. Like most people reading this review, I'd like to be a millionaire. But, I think, there is an underlying current of meanness in Kiyosaki's book. The way his "rich dad" kept people waiting and intimidated them with his power, the way Kiyosaki himself resented being left out of the parties held by the "rich kids." It's disturbing.

  Fifth, for all the talk about spending less, Kiyosaki clearly lives up the high life (or claims to.) Rolex watches (why?), Porsches (again, why?)... all these are types of liabilities, which he spends most of the book saying you should avoid. It's flash, which I think ties into his rejection as a 'poor' child, and also meant to impress the reader by letting them think that, someday, they too will be able to show off their wealth.

  Most millionaire's aren't this way. "The Millionaire Next Door", which cannot be recommended highly enough, has interviews with real millionaires who live modestly - in fact, probably living on less than you are - and yet they accumulated their fortunes through hard work. (Real estate and owning your own business qualifies as hard work!) It is a much more educational book, but is also more inspiring to see people like yourself who did make it.

  Summary: this book has some decent information in it (but there are better books), is inspirational at points (but inspirational books are a dime a dozen!), and didn't really do squat for me.
  
  

• How the rich become rich

  
  By A1W6O6S41EVPG6 on 2003-05-26
  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.
  
  

• Take charge of your mind, take charge of your life!

  
  By A1ZCIKTN79YOB6 on 2002-07-19
  I really can't understand the negative reviews of this book. Here is a man who lost a fortune, came back and now is sharing his secrets. This book reminds me of a newer and much larger version of The Richest Man in Bablyon. Mr. Kiwosaki makes the book interesting with the story telling and it's fun to read as well as informative.The negative reviewers I suppose are the same people giving high reviews to those doom and gloom books that are coming out now enmasse and they probably spend most of their time watching the news and reading the newspapers and fil their minds with all of the rapes, murders, robberies and deaths. They are also probably unhappy with their lives and their boring jobs.I highly recommend Rich Dad, Poor Dad as well as Cash Flow Quadrant and Rich Dad's Guide to Investing. These books are urgently needed to nourish the minds of Americans who want more from life. But I guess Americans and readers all over the world allready know that because the books are still best sellers.Thank you Mr. Kiwosaki for sharing your knowledge. We needed this.
  
  

• Excellent book.

  
  By A314BWDQVC20D7 on 2002-07-18
  It's about time that somebody punches a hole through the go to college, get an education, get a good job, work hard and you'll do great.It's about time that somebody tells what the rich invest in and why the broke stay broke.There is a preponderance of lousy information available in books today. Thank God Kiwosaki is tellng the truth and offering facts.
  
  

• Everyone should read this.

  
  By A265PKLLZ83YYD on 1999-11-27
  It is unfortunate that in America, the greatest nation in the free world, few people including those with high incomes understand the value of investing and the proper use of money strategies.You can live off your income, but you can't get wealthy off your income. Wealth is the result of using principles such as are in this book.I also strongly recommend "Millionaire Next Door" and for managers and leaders, read"Direct from Dell" by Michael Dell. Great books.
  
  
• Financial Literacy 101
  By A1W7U2FVGKQNFH on 2002-06-19
  Where do you learn about money? School? No! Too busy memerizing war dates. Parents? Possibly, but not likely.If you dislike this book you have probably bought into the Great American Lie of go to school, get a job and after 40 years you get a gold watch. And you are in rat race my friend.I have a gold watch already. It says to Barry Kaufman the greatest guy in the world from Barry Kaufman the greatest guy in the world. I didn't have to wait 40 years for mine or sell my soul to corporate America for a little cup of soup (called wages)I also suggest reading Who Stole the American Dream, Wave 4 and Turner, Turner, Turner: The King of Network Marketing.
  
  
• Great books RTK
  By A1XXZOHUB7ZY65 on 2002-07-22
  I just purchased Rich Dad, Poor Dad, Retire Young, Retire Rich and Rich Dad's guide to investing. I also have the tapes from RD, PD, CFQ, and RDGTI. These excellent programs by RTK have already made a profound change in my personal and financial life. They are a must for anyone who wants success.Two others are Millionaire Next Door and The Millionaire Mind.
  
  
• Excellent book - ignore paid bashers
  By on 2004-04-04
  Rich Dad Poor Dad is a life changing book that is why this incredible book has been a best seller now for over 8 years and is still in the top 20 of all books being sold right now.

  Kiyosaki will tell you some things you don't want to hear. He is controversial. So is Donald Trump. Rich people are always controversial, but who are the people that make Kiyosaki and others controversial? Certaintly it's not the wealthy. The wealthy agree with Kiysosaki becuase that is how they became rich.

  Kiyosaki tells us that a house is not an asset. I have to admit that I had a problem with that one myself. I a lways felt that real estate was the one safe have out there and like most, was taught by parents and other early mentors that a house is an asset. Then I got a house and found out that Kiyosaki is absolutely right and so were my mentors. A house is not an asset for the buyers, people like you and me but it certaintly is an asset for the banks, real estate agents, insurance people, the local government who wack you with high city taxes and so on.

  The biggest problem is that many people think that a big house is a symbol of wealth. It is a symbol of wealth to the bank. Most people tyupically take out 30 year mortgages. How much do you think banks make on that while you are paying for the equalivent of three house payments over time?

  Conventional wisdom tells us to get a great education and you'll get a great job. Well it started in the Clinton era and has been escalating ever since---downsizing. People who spent tons of $$$ on a college education, invested years in their jobs being servants to their employers and for what, to be downsized?

  And then there is the typical way that people invest. Conventional wisdom tries to tell us that we can't do it on oour own. We need brokers (so named because they make us broker with their advice) or other financial advice. Those who do try it on their own usually get bad advice and go to deep, deep discount brokers looking for the lowest commissions or on the other end pay fees for loaded mutual funds which are supposed to be better managed (HINT: They are not!)

  Kiyosaki offers a newer, better, more effective way. Unfortunately like some others who have come before him, Kiyosaki has stepped on some toes, the very people who are using your ignorance for their bliss.

  Rich Dad Poor Dad is a life changing book. It is highly recommend for anyone who really wants to survive the new millenium.

  I highly recommend Rich Dad Poor Dad, Rich Dad's Guide to Investing and Rich Dad's Success Stories (prooves that Kiyosaki's naysayers are wrong as usual)

  Good luck!
  
  

• Not for Harvard graduates
  By on 2003-05-24
  This book is definitely not for Harvard graduates. Typical Harvard graduates are too busy updating their resumes and pounding the pavement trying to find a j-o-b just like the one they just got downsized from to benefit from a book like this.On the other hand, for people who are willing to be changed; are sick and tired of the rat race; tired of paying for somebodyelse's dreams; tired of having their boss determine how many sick days they deserve or how many vacation days they can take will enjoy and benefit from this book. I also recommend Loopholes of the Rich and The Business School for People who like helping people.Slams at network marketing people by 1 star reviewers are predictable and stale. Question 1 stars: How is your lifestyle? What kind of car do you drive? Where do you go to vacation? How much did you pay in taxes last year?The investment advice is also right on. Just talk to all of the people who are losing money following conventionable advice.A house is an asset? Yes, if you are the bank. If you want to turn a house into an asset, it's very simple, do what banks do and become a real estate investor.As for that website that keeps getting mentioned here, if it really was that good there would be no need to repeatedly mention it here would there?RDPD is a OUTSTANDING book. I highly recommend it.My motto is: I'll do today what others won't so I can do tommorrow what others can't.The recipe is simple; just follow Kiyosaki's advice.
  
  
• Title is a little misleading - good book
  By on 2003-06-01
  I bought this book on the assumption that Kiyosaki's real dad was "poor." In fact, Kiyosaki's real father had a high income and all of the usual blessing of a rich person; big house, had a great education and so.

  Kiyosaki's rich dad was the contrast. He made much less money than his poor dad. One difference--rich dad had more cash flow and fewer financial problems.

  Poor dad depended on his job for income. Rich dad depended on real estate, stocks and other investments that provided a passive cash flow.

  Some people feel that more money will solve their problems but as Kiyosaki explains, it's not how much money you have, it is how you handle it.

  If your house is your biggest asset, you are in big trouble.
  If your job is your main or even worse, your only source of cash flow, you are in big trouble.

  If you think that a college degree equals financial success and wealth, you are in big trouble.

  Since reading RD/PD, I realized that I was like Kiyosaki's poor dad. So were the people in my family. So are my friends. But when I looked around, none were doing that well financially. So I decided to change---made some new choices. Changed my core values towards a Rich Dad mentality.

  Rich Dad Poor Dad is a excellent book that should be read by everyone who wants to reach financial success.
  
  

• RD/PD the power of MLM????
  By A298QKDSX6LPOI on 2003-01-19
  I have read more than a half dozen reviews (probably same person) attributing the success to Rich Dad, Poor Dad to network marketing (MLM).I don't know if there is any truth to that or not, but I sure hope so.You see, I just signed up into a MLM company (not Amway) and if MLM can turn a book into a mega best aeller like some people have indicated, then that certaintly prooves the power of network marketing.And obviously Network Marketing (MLM) is far more powerful than that cheesy, supposedly well researched (it's not) website that gets getting mentioned here or the constant barrage of 1 star bashers (really just one person with a attitude problem) and obviously more successful than the self publishing industry.Thanks to RD/PD, I have reorganized my investments, started a successful business and am sharing this info with family and friends.1 star reviewer (s), get a life already!
  
  
• Why listen to Kiyosaki and add to his wealth?
  By A2CB4I4DDSI43H on 2005-09-29
  Best way to answer that is with another question. What is your net worth and how does that compare to what Mr. Kiyosaki is worth? Here is another question. How does your net worth compare to the many successful Kiyosaki students?
  
  Less than 2% of people in America are doing well. Less than 2% in the richest country in the world!
  
  It pays to listen to someone like Robert Kiyosaki.
  
  
• Powerful and oh so timely and correct
  By on 2003-02-20
  The one word that best descibes this book is POWERFUL.This is indeed a powerful book, chock full of POWERFUL ideas that will get you POWERFUL results.NETWORK MARKETING is the wave of the future. It is today what franchising was in the late 50's.To the 1 star reviewer that said his entire upline had to go back to a job, I fail to see any point in that.I mean, what would you expect from a upline that has people like you in their downline; people that can't break away from their pc's long enough to build a business. I'm surprised that they are not on food stamps!Network marketing isn't for everybody. It takes skill and a personality plus the ability to grow. Rich Dad Poor Dad is a excellent book and in these days of massive downsizing, this book is so timely and necessary.I also recommend The Millionaire Mind and The Millionaire Next Door along with Cash Flow Quadrant.
  
  
• Happy Fathers Day Rich Dad!
  By on 2003-06-16
  As the saying goes, Father knows best and in Rich Dad Poor Dad, bestselling author Robert Kiyosaki provides powerful and pragmatic money management strategies passed on to him by his Rich Dad.

  RDPD is the book that started it all and still a best seller. Justifiably so because the advice really works.

  I also recommend the other books in the Rich Dad advisor series to meet your personal needs.

  Regardless of whether you are interested in learning more about real estate investing, buying or selling a business, creating a second income or a new career or just general financial issues, you will find the advice you are looking for in RDPD and in the Rich Dad's Advisors Series.

  Happy Fathers Day Rich Dad and thanks for sharing.
  
  

• 1 star reviewers suffering from homeostasis?
  By ANNR8V9QS31CI on 2003-02-02
  That is the inability to release old beliefs.Ralph Waldo Emerson once said that "A foolish consistency is the hobgoblin of little minds."RTK teaches adaptability; to see beyond the norm and to open your mind to new beliefs.I also found many of the reviews to contain errors. For example one reviewers states that RTK encourages one to invest in small cap stocks (true) and penny stocks (not true).There is a world of difference between small caps and penny stocks that I don't have time to explain here. T o make it short and simple, Dell and Microsoft were once small caps and as a person who actually read Rich Dad Poor Dad this what I got from RTK--to buy current small cap stocks with huge upside potential not stocks trading from a penny to a quarter that roll up and down in a range and are basically garbage stocks.Also, in reference to the Smart Money (talk about misnomers for a magazine title!), RTK did repeatedly and politely indicate that he did not want to release the name of Rich Dad to protect his confidentality and I applaud him for that. It was only after repeated requests that RTK "Lost his cool" and went into the Harry Potter thing. The other reviewers have it backwards (as usual)Personally, I don't care who Rich Dad really is....but do you have any earthly idea how much this man (Rich Dad) would have to go through from reporters if his identity was released?Bravo RTK and I don't blame you for "losing your cool".If you have an open mind and not suffering from homeostasis, you will find Rich Dad Poor Dad an enlighteningread.
  
  
• Still a best seller for a reason---it works!
  By on 2003-11-05
  I first heard of this book when J.P. Morgan on the cover of the Wall Street Journal referred to Rich Dad Poor Dad as a "must read for millionaires."

  Most people know by now that this is the true story of Kiyosaki's two fathers, one, his real dad had a high income but was poor. The other, his friends dad, but Kiyosaki's mentor and Rich Dad.

  Kiyosaki learned that income alone does not create wealth as he learned from his "Poor Dad." Seeking financial freedom, Kiyosaki learned from his "Rich Dad" the keys to wealth.

  Kiyosaki went on to amass a fortune and lost it. But remembering the lesson taught from his "Rich Dad", started over and amassed yet another fortune and retired at age 47.

  The book will tell you some things you don't want to hear like a house is not an asset, 401 (k)s and so called "safe" investments are not quite so safe. That there is no such thing as job security and the world is full of "bullies" who will tell you how much money you can make, when and how many vacations you can take, lunch breaks etc.

  Kiyosaki's "Poor Dad" was fired at age 50 and learning from this, Kiyosaki tells us that the only real security and freedom is in being your own boss.

  Kiyosaki goes on to say that both of his dads were "honest, good, honorable men" but his poor dad, although a hard worker was weak and consequently ended up broke.

  Interesting is that Kiyosaki pledges his first book, "If you want to Be Rich and Happy, Don't Go To School?" to his poor dad.Goes to show that Kiyosaki has class and truely loved his Poor but real dad.

  Rich Dad Poor Dad is an excellent book. The main message is to take responsibility for your life. You are either a master of money or a slave to it.

  In addition to Rich Dad Poor Dad, I also recommend "Cash Flow Quadrant", "Rich Dad's Success Stories", "The Millionaire Next Door" and "More Wealth Without Risk."
  
  

• The most successful financial book of all time!
  By on 2003-03-25
  Rich Dad Poor Dad has become the single most successful-best selling financial book ever---and for good reason; the advice works. It tells people not what they want to hear, but they need to hear.I also recommend Rich Dad's Guide to Investing which offers better investing strategies than just blindly buying mutual funds or listening to your broker without rhyme or reason.I wish you continued success!
  
  
• Definitely NOT for Teenagers
  By on 2003-11-01
  If some adults can't understand this great work by Kiyosaki, how can we expect our teenagers to understand it?

  No, instead, I would recommend Rich Dad's Rich Kid Smart Kid and then move them up to Rich Dad Poor Dad and Rich Dad's Success Stories after that.

  Great to see the the Rich Dad books are still best sellers and that intelligent people are NOT taking that single one star basher too seriously. Poor guy must have a very boring life!
  
  

• Most assuredly A MUST READ!
  By ADFDBXMBT90Y8 on 2003-10-31
  Rich Dad Poor Dad is undoubtably the best financial book ever written! I like the fact that Kiyosaki himself started with no money and was able to escalate to super wealth.

  I also like the fact that Kiyosaki discourages debt except for investments like real estate and stocks. Too many people charge up their credit cards for dining, clothes and other depreciating items. If you are going into debt, advises Rich Dad, do it with things that go up in value like using leverage in real estate and buying stocks on margin.

  Kiyosaki's advice on buying small cap stocks is also good advice. NOTE: He does not advise cheap penny stocks as others have falsely indicated.

  This book reminds me a lot of the legendary "Think and Grow Rich" by the late great Naploean Hill and "The Richest Man in Bablyon" by George Clayson. Perhaps that is why average people have so much difficulty with these books and in particular, Kiyosaki because he is the hottest financial author of the last ten years. But you know, I have met hundreds of people who attribute their wealth to "Think and Grow Rich", "Richest Man in Bablyon" and now "Rich Dad Poor Dad." Obviously, these were average people who thought at an above average level and were willing to be corrected.

  If you are new to Rich Dad, I recommend you start with this one and "Rich Dad's Success Stories." I also recommend "If you want to be rich and happy then don't go to school." "Cashflow Quadrant", the second in the series is also a must read.

  If you have been "guru-ed to death" by so called "financial experts" who advise you to cut your credit cards then I also suggest "Rich Dad's Guide to Becoming Rich ...Without Cutting up your credit cards" currently available as a e-book and another one of my personal favorites.

  Rich Dad Poor Dad is an OUTSTANDING book. The fact that certain factions have criticized this fabulous book tells me that Kiyosaki is doing something right and shaking up the right people. The advice works only if you are willing to use it and go to work.

  You also have to read the book. I was talking with someone this morning who said he bought this book 2 years ago and never read it! Yeah, you have to read it too (the whole book, not just the free sample pages here on the internet ala the 1 star bashers) and then you make some powerful gains!

  Best of luck.
  
  

• Kiyosaki's philosophy can be summed up as follows
  By on 2003-11-02
  Don't expect to go to school and learn how to get rich.
  It doesn't take money to make money.

  A house is not an asset - unless you are the bank, insurance company etc.

  Why real estate is still the best and safest investment.

  Why we shouldn't listen to brokers, financial planners, insurance and other commissioned salespeople.

  Why network marketing may be for you and why most of what you have read or heard is mostly a misconception.

  I have an MBA too. It stands for Massive Bank Account.

  Kiyosaki's advice works---only if you apply it.
  
  

• As Ralph Waldo Emerson said;
  By A2FJJ1EMS72VL5 on 2005-09-23
  "A foolish consistency is the hobgoblin of little minds." In modern days we teach: If what you are doing isn't working, try something else. And the definition of insanity is to continue to do the same thing (which doesn't work) and somehow expecting a different result.
  
  By now, people should be getting the message that go to school, get a good education, get a good job and you'll be all right is just so much bull!
  
  Kiyosaki is teaching people how to empower themselves and I applaud him for that. There is no security in a J-O-B which stands for just over broke. There is a big reward in M-L-M which stands for Make Lot's of Money and there are incredible rewards in starting your own business no matter what it may be.
  
  Kiyosaki offers a powerful message in this book, one that Ralp Waldo Emerson would definitely agree with.
  
  Thank you Robert. And by the way, I highly recommend all his books. They all have a different message and pick up where the previous one left off. If you are new to Kiyosaki, start with this one.
  
  What is the alternative? You can go to school, get an education, get more education, get a J-O-B and end up broke and embarrassed.
  
  Your choice....Your life.
  
  
• ...
  By on 2003-07-07
  ...RD PD is a great book. The other books build on this one--not to be read in place of this one.

  On the other hand I do agree that Investing for Dummies is an excellent choice...
  
  

• Happy New Year Rich Dad and thank you
  By on 2004-01-02
  Following your advice in Rich Dad Poor Dad has helped me to make 2003 the best year of my life. However, as I continue to follow your advice, 2004 will easily top 2003.

  Thank you sharing the wisdom of your Rich Dad RTK.

  Have a Happy & Health 2004 everyone!
  
  

• Outstanding!
  By on 2003-07-14
  I don't like to read. In fact, I hate to read, but I finished RD PD in one evening. Once I started, I couldn't stop.This man may not win any literally awards, but he sure knows how to write in a captivating way.I have started to apply Kiyosaki's advice and am creating passive income and started a small home based business. To wit, have already doubled my income!Thank you Robert, great advice!
  
  
• A worthwhile read
  By on 2003-12-09
  Actually, I wasn't too thrilled by this book at first and actually hated it. Seemed too flowery. Like make believe. Then I was introduced to a businessman in my community who amassed a net worth in excess of a million dollars in real estate and business in less than 2 years and he credited the technques and ideas taught by Kiyosaki for his wealth.

  I went to work and in my first month made more money than my college professors make in a year.

  What can I say---It WORKS. IT REALLY WORKS!
  
  

• Good book - easy reading
  By A3LIRWVY2JG3GV on 2005-09-23
  I bouoght this book earlier tonite and read it in a few hours. It is an easy read. Fun. Enjoyable and educational. It made me realize that I threw away many years of commonality, of doing what felt good. What Uncle George and Aunt Martha and cousin Billy and brother Jim told me was the right thing to do, but really wasn't.
  
  I am now setting up a plan of action to go into real estate, the Rich Dad way. Yeah, I know everybody thinks that the real estate game is over and that is because like me they are getting the wrong information from the wrong people. How in the world can you expect people making $50,000-$75,000 year, chained to their employers coat tails to tell you how to become financially independent and earn over $100,000 a year? It doesn't make sense.
  
  This book was very enlightening for me. I highly recommend it. Regarding my real estate plans, I'll let you know how I make out!
  
  
  
  
• Thank You Mr. Kiyosaki!
  By A3M6C0FK43WEW7 on 2005-09-23
  Thanks to the information in this book that you provided, I was finally able to get out of the rat race, make more money, have more time for friends and family and am on the road to true financial independence.
  
  I was going to buy a larger home to keep up with my peers. I followed your advice and kept to a smaller afforable home and put the extra money into rental properties.
  
  Thanks to your advice, I have also begun an investing program as per your strategies. In addition to this book, I have also read and recommend Rich Dad's Guide To Investing. Best financial advice I have ever recieved.
  
  My wife and I have started our own sucessful home based business and in addition to extra income have substantially reduced our taxes. We have also met many new friends. Your dvd and audio program The Perfect Business got us off to a fast start.
  
  So Mr Kiyosaki if you are reading this, all we can say is:
  
  
  THANK YOU!
  
  
  THANK YOU!
  
  
  THANK YOU!
  
  
  THANK YOU!
  
  
  THANK YOU!
  
  
  Looking forward to getting your game and other books. Can only imagine what kind of results we will get then.
  
  
  
  
  
  
• Really Hits Home!
  By on 2000-08-03
  Wow! What a real eye-opener! This book has really helped me change (for the positive) the way I viewed my finances.

  I have read both "Rich Dad, Poor Dad" and "Cashflow Quadrant" as well as listened to some of Robert Kiyosaki's audio tapes. What really impresses me about this book (as well as his other works) is that Mr. Kiyosaki has actually used the principles he writes about to become financially independent himself...as have many of the people he associates with. These are not just theories from some "brilliant" (and probably broke) economics professor or accountant, but tried-and-true methods for creating true wealth from someone who has done it! Personally, I'd rather follow the teachings of someone who has already accomplished what I want to achieve. (Honestly, why waste your time "learning" about finances from anyone who is not already wealthy?)

  Mr. Kiyosaki recommends a number of other books to read at the end of this book. I have also started reading them, and am impressed so far by his recommendations. (I recommend these also!)

  If you are looking for a "get rich quick" scheme, you will be disappointed by this book. True wealth does not come overnight, as any wealthy person with tell you. It takes effort, time, and commitment.

  I have the utmost respect for the author and highly recommend this book to anyone serious about achieving true wealth and financial freedom. I also look forward to reading one of Mr. Kiyosaki's other books very soon: "Rich Dad's Guide to Investing".

  Enjoy - you owe it to yourself!
  
  

• Great book for the the teachable
  By A3Q7LV31D320Y2 on 2002-06-26
  I can really relate to this book; my parents were very much like RTK's "Poor Dad" in every way and I wasted a 1/3 of my life believing what success was in education and a job.This book came just in time. I also listen to the tapes in my care.I also strongly recommend the other Rich Dad, Poor Dad books especially Real Estate Riches, CASH Flow Quadrant and Rich Dad's Guide to Investing...Charles Schwab knew something a lot of other people didn't (read his biography)

  The most annoying thing about the book, for me, was the storytelling in the first two chapters. The same theme is repeated about 6 times, when once would have been enough for someone who is reasonably intelligent and doesn't have lots of time to spare. Eventually I started to skim. I'm sure Kiyosaki's second book could have been condensed into these two chapters instead, but his publisher saw an opportunity for extra profit.

  All of that having been said, everyone who's serious about making some money needs to start somewhere, and this is where I began. The book reviews the basics, points you toward more tools for learning (not all good - read the reviews on "Inc and Grow Rich"), and for me, started me thinking about real estate investing. But again, if you're serious, you'll need a lot more ammunition before you're ready to begin pulling the trigger. Happy hunting.
  
  

• Invaluable for the few who want to join the top 5%....
  By on 2003-07-27
  According to the Social Security Dept., only 5 out of a 100 people will, at age 65 be financially independent. The remaining 95%, according to well researched information, will be dependend on friends, relatives, social security (if it is still around) or still be working.

  Interesting is that these statistics are not limited to low income earners but also include highly paid professionals. People we typically assume to be well off.

  Robert Kiyosaki hits a nerve with a lot of people. He goes against the norm. A lot of people want to think, "get good grades in school, go to college, get a good job, save your money and walla, you'llbe allright."

  The sad fact is that school teaches precious little about becoming successful. All of the courses we took, how successful have we become as result of those courses?

  Kiyosaki teaches to think differently. He teaches us what we were not taught in school, because those teachers didn't know either, otherwise they would be doing something besides teaching redundant, useless information.

  Kiyosaki teaches us how to invest for success. And this, I believe is where most of Kiyosaki's enemies come from. Why? Conflict of interest. Kiyosaki wants you to research investment information first and then go to a broker who is on your team. Convetional wisdom teaches you to go to a broker or financial planner and say; "Here you watch and invest my money, because I don't know how."

  Kiyosaki teaches us to become independent as entrepreneurs instead of dependent as employees. Your employers strongly disagree with this. They want you subservient, not free and God forbid doing even better than them!

  Kiyosaki's advice is not for everyone. It is only for those who want to be in the top 5%. Those who aspire to become entrepneneurs and investors and who want to control their own destiny instead of being controlled by unappreciative employers.

  Which group do you wish to be a part of?
  
  

• Cashflow Quadrant: Rich Dad's Guide to Financial Freedom
• Rich Dad's Guide to Investing: What the Rich Invest in, That the Poor and the Middle Class Do Not!
• Rich Dad's Advisors®: The ABC's of Real Estate Investing: The Secrets of Finding Hidden Profits Most Investors Miss (Rich Dad's Advisors)
• The Millionaire Next Door : The Surprising Secrets Of Americas Wealthy
• Rich Dad Advisor's Series: Own Your Own Corporation: Why the Rich Own Their Own Companies and Everyone Else Works for Them (Rich Dad's Advisors)