I enjoyed reading this book. It was very interesting and at times funny. I did not want to put it down. However, if you are looking for a get rich quick idea or scheme, it is not in this book. Also, if you are not interested in real estate, you may not like this book, because that is most of the author's story. When I heard about this book, I thought it would show me how to get rich. The book does not show you how to get rich, it tells the story. If you want to get rich you only need do one thing, MAKE MONEY. I know it sounds stupid, but my uncle told me, "if you want to make big money, you have to do things in a big way." You can get rich by going to school, or by working in a restaurant, or by selling cars, getting rich is up to you. Just turn on the tv and you will see lots of rich people who did lots of different things to get rich. Good Luck!

This book is amazing for the reason that it teaches you the way to financial independence, and how any person would start thinking business. The examples of implmenting this in the real estate are very nice, and help us to start small. A similar pattern / principle can be applied to any other business.

I can't read this stuff. The stories are long and seemingly pointless. I tried skipping through to find the pearls of wisdom, but I never found any. One story tells in endless dull detail how he worked for 10 cents an hour when he was a kid. Who cares? Just get to the point.
I've seen this guy on TV, and he's a salesman. He tells you, over and over, how rich he is and how smart he is, but he never tells you anything you can use. I suspect he got rich by selling these books, which tell you how to get rich, supposedly. Looks like baloney to me.

I recently purchased this book for my husband as well as several other books in the series. My husband is in the military and also takes a big interest in real estate. Since giving him the books several of the other guys in his platoon have borrowed the books and have found new passion and insite not only in real estate but their personal goals in life. Although most books in the series expand on the writers experiences in real estate, the principals can be applied to many different occupations, personal and professional goals. I highly reccomend this book to anyone feeling the "hamster in the wheel" syndrome, (running real fast but getting no where) and anyone re-evaluating or concidering a career move. If anything, it may motivate you to make a change. Maybe not into real estate but a change to better your situation.

The first time I read this in 2000 I did not understand Mr. Kiyosaki message about what the rich people do with their money. Like every one else I was caught in his advice being risky and very difficult. This is before I read the Richest Man in Babylon, The Millionaire Next Door, The Wealthy Barber, and Start Late Finish Rich all compliment Mr. Kiyosaki' philosophy. I only wish I had taken his advice a few years ago, I would not have been caught up in high debt, low paying jobs, and stuck in a rut.

The book is about how the rich think about money and how the poor don't think it. It is a story of contradiction which all people go through. It is clear that the rich must think differently then the poor when it comes to money and finances. Mr. Kiyosaki gives some ideas of how to think differently and where to find this information.

Somehow the rich are more advance then the rest of us to a mass a great fortune while we work hard for someone else.

Some people believe that Mr. Kiyosaki goes against formal education. I don't believe this; he believes we should also be educated financially as well. Education makes us less afraid of doing the wrong thing. He suggests understanding the real estate market, stocks, bonds, etc. to help us to make the right choices. He recommends us to join a multilevel marketing organization if we want to some day open our own business.

He suggests we should face our fear of losing rather then complain because of some excuse. He suggests trying something new. Right now, we are not getting anywhere, so change our thought pattern.

This is a great motivational book also with the "you can do it" attitude found in the above books. This is what we all need, don't we?

Enjoy

I like to read good financial books and this book kept getting a lot of buzz, so I finally got around to reading it? I just don't understand why so many people rave about this book.

Instead of giving you tools, this book is about changing your thinking process.

In essence, I'll sum up the lessons here:

1. He redefines assets and liabilities. Assets put money in your pocket, liabilities cost you money. Thus your home is probably a liability while you live in it. Of course, you have to live somewhere, right?

2. Educate yourself about financial matters. No actual education given in this book.

3. Try and be of a mindset to spot and take advantage of opportunities, where ever they may be.

4. Instead of just assuming you can or cannot do something, ask yourself why you can or can't. Put some thought and analysis into it, instead of letting your emotions rule your decisions.

Sorry, I expect a lot more from a book that gets this many rave reviews.

Well, I have little to add to the comments, if any, but I feel as a mother and an entrepreneur the obligation to say what I think of this book. This is a good easy to read book for non-business people who never figure out what cash flows and balance sheets mean. It really makes these 2 most important financial statements convinient for many people. A good point.

The best thing about Kiyosaki is that he's talking from experience which makes it plausible. Although I was expecting to see more examples and "know-how"s. I personally found the approach very smart and easy to read. If the title was "Rich man and Poor man" I wouldn't have bought it, so basically I read it for my children and it truly inspired me on how I should raise them to think "BIG" rather than leave them dwelling on the rat race trap.

I first read this book about seven years ago. I still have a copy in my bookcase and will always keep it.

Whether one is into making money from real estate or not, this book is quite an inspirational read and well worth taking a look at. There are some very important life lessons contained in the pages; lessons about what's more useful in life, lessons that definitely aren't taught in most schools.

We all need education, sure, but we also need to learn how to be survivors in a very competitive world and develop business smarts and not just academic ones. Our minds need to be more free and open to opportunities and possibilities. Sometimes the systematic approach of the education system tends to make us all think rather compartmentalized rather than projecting our minds and visions outside the square.

The overall message and information Robert Kyosaki provides in this book will not be for everybody, but there is definitely something in this book for everybody.

Real Life Dramas - Volume One

Darren G. Burton

there are numerous simple line and block diagrams in this book but the publisher has not bothered to ensure they are legible on the kindle. further the diagrams can not be zoomed in this title. consequently most are frustratingly unreadable

This book is amazing. I would recommend this to any at any age. I read this in High School and it changed my life. I now own a successful startup company and it is all thanks to the rich dad series for inspiring me to NOT GET A JOB! I recently bought this for my 13 year old brother in law as well. It is not a HOW TO but rather a THINK ABOUT how to!

This guy is a poser. And, a snake oils salesman (of course one could aruge that a successful snake oil salesman knows how to be successful - so in that sense, I guess he is not a poser). But that said, a good con man must mix truth with lies. He has some really good truths in here.
He is right on about the failings of our educational system to teach about money. I couldnt agree more. BUT. Once he successfully breaks down the problems he fails, for the most part, in providing sensible solutions. If the way "Poor dads" think is foolish, the way Kiyosaki thinks is specious (sounds good at first but falls aprt under scrutiny). This is great for selling books cuz, a novice will think he is a revolutionary genius but a millionaire will know he is not as brilliant as he sounds - in fact he sounds like a moron. I ran a small hedge fund with 50 million in assets, and average returns over 20% for 5 straight years. Then retired from Wall St (as a milllionaire) because it was too much of a grind. I put all my money into real estate (I also agree with him that real estate is - generally speaking - is the way to make your millions) and more than doubled it in 3 yrs. I read this because so many people raved about it. I loved his general crituque of the herd mentality of the poor dads out there, but regarding his thinking - while it aint herd mentality, it aint what the really smart and wealthy folks are doing.
Read it if you are pretty clueless about money or you suspect you might be a smart member of the herd, and it will get you thinking IN GENERAL about money in a better way (but there are better books out there for this). Then read other books to find out how to make money - now that you no longer are part of the herd.
Don't read it if you are a successful entrepeneur already. It is a joke.
BTW, I am rich and I dont teach my kids much of the stuff he claims that rich folks teach their kids, they would go broke.

I found this book very negative and not helpful. He talks about how going to school and working hard being a waste of time. What about those people who enjoy the possibility of a career and being a master in their field? Yes, many of us want to be rich, but please do not bash those who went to school and are very proud of their accomplishments. The author's dad was a teacher, a very honored career, yet he bashes his real dad constantly through the book. I had a migraine half way through the book and could not finish it.

I really enjoyed the book "Rich Dad Poor Dad". It was a new way of looking at money for me. This book narrated by Robert Kiyosaki tells the story of Robert's real father and his best friends dad. His real dad, "poor dad", worked for his money, while his "rich dad" had his money work for him.

Kiyosaki explains even a person with a lot of money in the bank can be poor, though they have financial wealth in the bank, they are still poor mentally as now they are afraid they are going to lose all their money.

I loved that Kiyosaki says "It's not what you make, it's what you keep" If you make $100K and spend $125k you are poor. "Rich Dad Poor Dad" teaches you to act like, be like and think like a Rich person instead of a poor person.

Another transformational book I really enjoyed was Being Here: Modern Day Tales of Enlightenment by Ariel & Shya Kane. It is a book of short stories that are inspirational.

I would say Rich Dad Poor Dad has had the most impact on my success and changed my financial thinking 100%. Rich Dad Poor Dad is not a "how to" guide, but rather, it gives you an idea of how rich people think, which is different from how I grew up thinking in my small town.

Once I read that book, I had a good understanding of how people start with nothing and become rich. This shifted my financial paradigm completely. And because of my new thinking, I began to attract more and more rich people into my life... Their influence completely reinforced the good context expanding content of Rich Dad Poor Dad.

While I am not yet financially free, Rich Dad Poor Dad DID change my thinking, which changed my actions, which changed my reality - all of which impressed the president of a financial company enough to hire me, which led to a company sponsored move to Los Angeles, as well as the confidence to produce a couple movies and start a successful, success oriented blog called WealthKick!

I have seen Robert Kiyosaki speak and his is one of the most inspirational success stories of our lifetime. An incredible teacher and mentor, and reminds us all that we can do it to!

Sally Shields, bestselling author of, The Daughter-in-Law Rules, 101 Surefire Ways to Manage (and Make Friends with) Your Mother-in-Law!

This book is a great way to learn an alternative way to think about money. I especially loved the topic of "robin hood economics" those MEAN rich people! A must read.

In his debut book, Robert Kiyosaki launches his "Rich Dad" brand that now gets him an easy several million whenever one of his "Team mates" writes a spin-off book and Kiyosaki slaps his gold and purple logo on it. I'm not trying to sound cynical. I admire Kiyosaki's business savvy and ability to turn one book into a financial education empire. This should be evidence enough about Kiyosaki's financial intelligence

Kiyosaki's writing style is very informal and his grammar structure is often weak. I'm not sure if this is because he is a poor author, or does this intentionally to appeal to a particular audience (American middle class?). Instead of simply stating his message, Kiyosaki uses a simple allegory of his Rich Dad and his Poor Dad. His Rich Dad obviously represents the higher upper class and his Poor Dad represents everyone else - from the GED blue collar to the M.D. and Ph. D.

Kiyosaki offers some general financial tips such as pay with cash instead of credit, buy assets instead of liabilities, etc. However, he offers very little practical advice and instead ops to inspire his readers to think for themselves. I think this works to Kiyosaki's benefit in two ways:

1) This helps motivate the readers to continue their long term financial education instead of settling for get-rich-quick schemes.
2) It protects his credibility by being vague. If he were to say, "Buy XYZ stock." and people lost money on it, they would blame Kiyosaki instead of admitting it was their own fault for blindly following his advice.

The biggest reason this book is so popular is that it gives the reader a whole new perspective on money. Kiyosaki's biggest argument in the book is about our country's lack of financial education in schools. We go to school so that we can get a good education. We then apply that education to get a high paying job. Once we get that high paying job, we work tirelessly to get raise after raise. The ironic part is, once we get our paychecks, we don't know what to do with the money. This vicious cycle is what is causing our nation and its citizens to dig deeper and deeper into debt.

Definitely give this book a read. It will change the way you think about money.

BEST book I've read in years. Great advice in Financial life planning and life in general. Definitely a must read. Just buy it and you will buy more for your family and friends.

This book is very informative and I feel very well written. It has been very beneficial for me and I have used the many tips to advance myself.
I can't wait to read the rest of Robert Kiyosaki's books

The book does inspire, but much of it is just fantasy. If it was that easy to make money, there would be a lot more people out there. The book offers dangerous advice. BEWARE. It is not worth reading.

I was assigned to read this book for a class, and while it does make you think about money and how you will prepare for the future, that is about where the positive attributes end.

The book overall feels like more of an inspirational speech than an educational supplement. The lack of fact and teaching makes the advice to invest in real estate and start up companies quite insane, as these are both very good ways to lose a lot of money very fast, and Kiyosaki seems completely blind to that aspect of things, stopping short by acknowledging that "more is learned from failure than success" and then failing to give any negative examples throughout the entire book (I mean if every real estate investment turned into an $80,000 profit in less than a month, don't you think more people would be on that?).

On top of that you have the masturbatory title that makes it sound like there is a grand secret poor parents don't know, when in interviews, Kiyosaki has all but confirmed "rich dad" to be a figure from his imagination.

The only REAL advice gathered from this book is to spend within your means and start preparing for the future early (as the most powerful factor of any investment is time), but honestly... who didn't know that?

This book should be avoided in favor of a text that actually imparts knowledge unto the reader, instead of a bundle of feel good financial fiction.

This is the first book that I read that showed me the difference between how the rich look at money, investing and life style vs. the rest of the population. Though lots of effort and hard work I have been able to implement many of the ideas in the book; I am always looking for ways to increase my cash flow.

I personally found the book repetitive in style. The key concepts were actually interesting and worded simply enough for me (a person who is not very knowledgeable about economics and financial matters) to grasp. Because the stories about the lessons were put very simply, the book was not a difficult read, but some of the underlying concepts, as in the ideas beneath the simple words, were a little harder for me to understand. Part of the reason that I find it hard to accept some of what Kiyosaki talks about is that I see people around me falling into the pattern of the rat-race but I can't really understand how wanting to play it "safe", in terms of avoiding sudden financial crashes, is necessarily a bad thing. I'm not sure if I like the idea of letting investments run their course in hopes that they bring in money because of the insecurity I attach to investing money in different businesses, stocks, etc.

I truely enjoyed reading this book. I found both of the fathers perspectives on financial situations and wealth extremely interesting and helpful. This book can definately give individuals who do not have any knowledge about money a different outlook on the way that they spend their money and finances. I would recommend this book to all.

This is a fun read of very dangerous thinking. Check the Attorney General of Ohio's website.

This book is great! I can see how the principles work if you apply them. Even if you don't, the book is a great read and the ideas stick with you even if you don't use them. I'll let you know how it all works out for me.

This poorly written book is more about personal improvement than investing, but the exhortations to save more and spend less are common sense. The inconsistencies in the few examples and the lack of specifics makes one wonder about the veracity of many of the claims. The two dads story itself is hard to believe.

I find myself wondering if the authors make all their money by selling books to gullible people like myself. I do not recommend this book.

This enlightening book talks about the differences between rich and middle class thinking, in terms of making money the smart way or the hard way. The theme of this book is getting out of the rat race and learning how to create your own wealth, not dependent on Social Security or your job (Just Over Broke). I thought the book was pretty well-written but it's mostly a what-to-do book as opposed to a how-to book. You'll have to read the books on his recommended reading list and others on the subjects you are interested in to increase your financial literacy, a topic Mr. Kiyosaki stresses that is key. Compared to other financial books I've read, it's theme is common - bringing in your own income, reduce your tax bill legally as much as possible, and become financially literate. I loved this book!!

Robert Kiyosaki's a visionary; it takes a man of insight and perception to be able to view financial minutiae in the "outside the box" ideology he writes about in Rich Dad/Poor Dad. Tracing a lifetime of experience in financial intelligence, Kiyosaki's goal is to spread the financial knowledge of the rich class--which is a guarded "trade" secret the poor and middles classes often don't realize--to the masses. Kiyosaki's crusade stems from competing factors, but chief among them is the gift of alternative education he had the benefit of receiving from his rich dad while a pre-teen. "Rich dad" is actually a term for his best friend Mike's father who, apparently, started the biggest company Hawaii's ever seen; his childhood bud, Mike, was allegedly groomed by the "rich dad" and now runs the Hawaiian business. Since Kiyosaki didn't inherit any such business, he had to rely on his own application of the financial intelligence Mike's "rich dad" instilled in him.

Kiyosaki's book is laid out so it chronologically traces his life's growth as someone learning and then applying the "rich dad" principles first as a young man out of college, then as someone getting a try at his first few jobs, and then, finally, as someone who was able to make money work for him and retire by 47. Like all "self-help" books of this nature, one cannot expect Kiyosaki to contrive a "fits-all" plan everyone can robotically apply to their own life and expect to be successful; as IQ is defined as figuring out one's true skills and then applying them, so must all readers of this book take Kiyosaki's broad guidelines and apply to them their own, personal situation.

Kiyosaki's book is full of anecdotes about the lessons imparted to him by Rich Dad when he was a kid--which is the device he uses to convey the principles of the rich class--but his tome is bolstered by sound, financial principles and strategy. Essentially, the "secret" the rich teach their kids which the poor and middle classes don't is the wisdom of having your money work for you, as opposed to the convention which sees the majority of people working for someone else.

Despite a disclaimer early in the book by the accountant, Lechter, about Kiyosaki's ideology being so unorthodox that the "pros" generally decry it, the wisdom about having one's money work for himself is irrefutably sound. The concept of making one's money work for himself is largely based on generating wealth through assets which make the money for the holder. Though this isn't revolutionary in and of itself, it's safe to convict the majority of the population for having neglected this basic principle of wealth building, seeing as how the masses unrelentingly weigh themselves down with liabilities instead!!!!

Again, Kiyosaki is very general in his advice to build up assets and only buy liabilities when one's reached the point of one's assets being able to make money, but even this is something the masses scornfully overlook. The vast majority of people go into deleterious debt instantly when they start their adult lives since financial education has been boycotted by the schools. So, the average person will amass credit card debt, loan debt, etc., until they're constrictively living paycheck to paycheck, unable to thrive or survive if that one stream of income is cut off. This segues fittingly into Kiyosaki's observation that even "professionals" (doctors, lawyers, etc.) endure a constant battle with managing their personal finances and building wealth. People with great education are basically neutered if they seek to become wealthy because their education was misapplied into a trade instead of financial intelligence.

Equally important in attaining financial intelligence is the even broader concept of taking risk and also eliminating the self-impairing thought of "I can't afford that" from one's mentality. Kiyosaki's anecdote is that the rich man will never indoctrinate himself to believe that he cannot do something; doing this simply prevents a person from finding solutions to overcoming a problem. The poor man, however, constantly tells himself that he's limited and thusly quits without trying. In this way, Kiyosaki's advice is also philosophical rather than strictly financial, yet it has resounding impact on one's ability to generate wealth. Likewise, fear of risk-taking will neutralize a person to remain in the status quo since they permit fear of failure to prevent them from pursuing actions leading to financial independence and wealth.

The predicament with undeserving critics of Rich Dad/Poor Dad--who make up the minority of reviewers--is they misconceive Kiyosaki's purpose and embellish what his book should deliver. Defamers are frustrated that Kiyosaki doesn't make life easier for them by specifically spelling out how each person can achieve financial success, yet those defamers have merely been given solid guidelines by Kiyosaki, which they must apply to their own situations. If critics stop nitpicking about Rich Dad's identity/reality, they'll see that Kiyosaki's guidelines, if intelligently applied, make one more likely to attain wealth than the conventional wisdom of getting a good job and working for someone for life.

Robert Kiyosaki's a visionary; it takes a man of insight and perception to be able to view financial minutiae in the "outside the box" ideology he writes about in Rich Dad/Poor Dad. Tracing a lifetime of experience in financial intelligence, Kiyosaki's goal is to spread the financial knowledge of the rich class--which is a guarded "trade" secret the poor and middles classes often don't realize--to the masses. Kiyosaki's crusade stems from competing factors, but chief among them is the gift of alternative education he had the benefit of receiving from his rich dad while a pre-teen. "Rich dad" is actually a term for his best friend Mike's father who, apparently, started the biggest company Hawaii's ever seen; his childhood bud, Mike, was allegedly groomed by the "rich dad" and now runs the Hawaiian business. Since Kiyosaki didn't inherit any such business, he had to rely on his own application of the financial intelligence Mike's "rich dad" instilled in him.

Kiyosaki's book is laid out so it chronologically traces his life's growth as someone learning and then applying the "rich dad" principles first as a young man out of college, then as someone getting a try at his first few jobs, and then, finally, as someone who was able to make money work for him and retire by 47. Like all "self-help" books of this nature, one cannot expect Kiyosaki to contrive a "fits-all" plan everyone can robotically apply to their own life and expect to be successful; as IQ is defined as figuring out one's true skills and then applying them, so must all readers of this book take Kiyosaki's broad guidelines and apply to them their own, personal situation.

Kiyosaki's book is full of anecdotes about the lessons imparted to him by Rich Dad when he was a kid--which is the device he uses to convey the principles of the rich class--but his tome is bolstered by sound, financial principles and strategy. Essentially, the "secret" the rich teach their kids which the poor and middle classes don't is the wisdom of having your money work for you, as opposed to the convention which sees the majority of people working for someone else.

Despite a disclaimer early in the book by the accountant, Lechter, about Kiyosaki's ideology being so unorthodox that the "pros" generally decry it, the wisdom about having one's money work for himself is irrefutably sound. The concept of making one's money work for himself is largely based on generating wealth through assets which make the money for the holder. Though this isn't revolutionary in and of itself, it's safe to convict the majority of the population for having neglected this basic principle of wealth building, seeing as how the masses unrelentingly weigh themselves down with liabilities instead!!!!

Again, Kiyosaki is very general in his advice to build up assets and only buy liabilities when one's reached the point of one's assets being able to make money, but even this is something the masses scornfully overlook. The vast majority of people go into deleterious debt instantly when they start their adult lives since financial education has been boycotted by the schools. So, the average person will amass credit card debt, loan debt, etc., until they're constrictively living paycheck to paycheck, unable to thrive or survive if that one stream of income is cut off. This segues fittingly into Kiyosaki's observation that even "professionals" (doctors, lawyers, etc.) endure a constant battle with managing their personal finances and building wealth. People with great education are basically neutered if they seek to become wealthy because their education was misapplied into a trade instead of financial intelligence.

Equally important in attaining financial intelligence is the even broader concept of taking risk and also eliminating the self-impairing thought of "I can't afford that" from one's mentality. Kiyosaki's anecdote is that the rich man will never indoctrinate himself to believe that he cannot do something; doing this simply prevents a person from finding solutions to overcoming a problem. The poor man, however, constantly tells himself that he's limited and thusly quits without trying. In this way, Kiyosaki's advice is also philosophical rather than strictly financial, yet it has resounding impact on one's ability to generate wealth. Likewise, fear of risk-taking will neutralize a person to remain in the status quo since they permit fear of failure to prevent them from pursuing actions leading to financial independence and wealth.

The predicament with undeserving critics of Rich Dad/Poor Dad--who make up the minority of reviewers--is they misconceive Kiyosaki's purpose and embellish what his book should deliver. Defamers are frustrated that Kiyosaki doesn't make life easier for them by specifically spelling out how each person can achieve financial success, yet those defamers have merely been given solid guidelines by Kiyosaki, which they must apply to their own situations. If critics stop nitpicking about Rich Dad's identity/reality, they'll see that Kiyosaki's guidelines, if intelligently applied, make one more likely to attain wealth than the conventional wisdom of getting a good job and working for someone for life.

Warning: This is not a "Get Rich Quick" type of book. "Rich Dad, Poor Dad" teaches you how to think like a millionaire. It's more philosophy than how to...It helps to lay the necessary mental groundwork for making money.

Author, Robert T. Kiyosaki believes that in order to make money you need to change your attitude about it. Mr. Kiosaki sounds a lot like Dr. Phil. Like Dr. Phil, Kiyosaki believes that, "You can't solve money problems with money." Kiyosaki gives the example of the lottery winner who loses everything in a year or two.

Most financial books start off with a bang, and the fizzle out toward the end. This one does a pretty good job of maintaining your interest. It's repetitive where it needs to be and doesn't go overboard.

This book is quick to offend the bleeding hearts. "Rich Dad" is often made to seem superior to the "poor dad"--who isn't poor in the traditional skin and bones sense, by the way. He's a teacher. Personally, I was not offended. To me if you want to be a doctor learn from a doctor, if you want to be rich learn from a rich guy...Many object to some of Kiyosaki's risky advice, but it really all depends on how you weigh risk. You can invest $5000 in the stock market and learn from your mistakes, but eventually come out ahead, way, way ahead, or you can pay $40,000 to be a teacher and join the rat race. The fact of the matter is no one ever got rich by being a pussy. You can live off your income, but you won't get rich off your income. Sure, there are the lottery winners, but for the most part the rich get that way through investing. "Rich Dad, Poor Dad," will not teach you how to invest, but it will motivate you to find your own path to wealth using Kiyosaki's tools. That being said, I won't be reading any more from the "Rich Dad" series. I have a strong feeling it just gets worse from here.

English majors will probably hate this book. It's a little cheesy. Okay I'm being nice, it's super cheesy. Kiyosaki comes off as a bit of a salesman, one of those guys selling snake oil at 2a on some cable network. It causes for some annoying heavy handed prose that is difficult to swallow at times. He also takes plenty of time to hawk his hundred dollar "Cashflow" game.

Fave Quote: "The main reason most people are not rich is because they are terrified of losing. Winners are not afraid of losing. But losers are. Failure is part of the process of success. People who avoid failure also avoid success.

Recommended to: Young Republicans, McMansion owners, People in Debt. People who want to be rich.

You loved it, Try: "The Millionaire Next Door" by Thomas J. Stanley and William D. Danko. "The Richest Man in Babylon" by George S. Clason
You hated it, Try: Jean Chatzky's, "Make Money not excuses," David Bachman's "The Automatic Millionaire."

Robert keeps this one simple and easy to read. I enjoyed every minute of it. An very entertaining way to learn about your money and finances.

I hate to admit it, but this book is worth the read.

First the negative, this is a laughingly badly written written--didn't the author have an editor? The book uses the device of a series of discussions with a fictional rich dad and poor dad. The language is at times insultingly simple, the author often takes forever to make sometimes very simple points, he has a tendency to say the same things over and over, he often starts thoughts that never get concluded or explained, and in many instances presents overly broad pronouncements as unquestionable fact.

If you can get past those huge failings, the lessons in the book are truly invaluable. Distilled down to its essence, the book teaches that rich people structure their economic life to channel available monies into their "asset column"--that being those investments that will generate income, with the intent of living off of those investments. Hence, wealth is that point where those investments generate enough cash flow to cover expenses. Those who do not follow this strategy are forced to exist on income generated by effort, which require continued working, are subject to risk such as loss of job, etc. As the author says, rather than working for money, rich people know how to make money work for them. By following this simple lesson alone, people will certainly be able to create wealth and a better life.

While some other reviewers have cited the "duh factor" on some of his points, I think that's unfair. There are many things that we "know" to be true, but have to hear over and over AND OVER again for them to sink in. (That's why therapy doesn't last for one session). So the fact that some of these lessons are intuitive or obvious is less important to me. Additionally, some of the more obvious lessons are used as the basis for less obvious ones, which again merits their inclusion.

Another common knock on the book is its lack of a specific strategy to grow rich. The book does talk in general concepts, but that's OK. There are lots of other books that lay out specific strategies to invest in specific fields, but that's simply not the arena this book stakes out.

This book does a good job laying out the general terms of an approach to generating income, and does a good job of making a reader enthusiastic and excited about the possibilities. That's a great place for a discussion of wealth to start--and in fact, has now brought me to other more specific books to continue my reading.

I SAY READ THIS BOOK, TAKE NOTES, AND GRIN AND BEAR THE PRESENTATION.

I just finished listening to the "Rich Dad, Poor Dad" yesterday. I had pretty high expectations for this book, as I just recently heard it being mentioned on the radio in Ottawa.

The book can be summarized into these few words: the rich buy assets that generate money, and poor buy liabilities that cost them money. Also, the rich don't pay taxes by hiding behind corporations.

Well, that's pretty much it. All the rest in the book is a filler.

This is a great book for information, especially for the beginner in wealth growth. The book gives excellent depiction on what is needed to start growing your wealth portfolio and how the rich get ahead and why the poor (in this case, middle class) end up without true economic growth. The only area where the book could improve is in actually giving the steps to achieve wealth and not just the info.

This book has some pretty interesting stories, but nothing you can really use to get wealthy yourself. It seems like the author just thought of 5 or 6 catchphrases and repeated them over and over without really telling you how to make them work. They might be good in theory, but he does not show you how to apply them to your life.

Whether or not the stories in here are true, you won't be able to use them as examples, because the circumstances were so rare and specific that you'll never have the opportunity.

If you want to read some interesting stories on how one person made money, it's an ok book. But if you want actual advice on how to get there yourself, it seems like the only lesson is to create an overhyped book and convince other people to buy it

I read this book last year after seeing the author in TV. This book is a must read,read it and view your world from a whole new perspective. As one of the many who have read this book and it has impacted my life, I would like to say Thank you Robert Kiyosaki !!! Read this book!!!

He has one message. Make sure you are financially literate and then buy assets (ie property)...... Spent the whole book repeating this over and over again - yawn!!!!

Going one step beyond Kirosaki's "dishonor thy father" hook, I offer this "modest proposal" for wealth maximization...

Some misinformed people have wrongfully believed their home to be a major asset; Kirosaki guides them to recognize it as a liability and unburden themselves.

Likewise, other misinformed people believe their children are also assets, when in fact, were they to unburden themselves of archaic attachments, they would realize that one can quickly earn millions by leaving work, quitting school, joining a cult, and auctioning off their children's kidneys. Hence, a liability oft mistaken for an asset could be recouped: kidneys today sell for upwards of $25,000 on certain markets, and most children it would seem have more kidneys than they need. Invested into a AAA rated jumbo mortgage bond with a proper derivative swap, one could multiply that into $750,000, which sum suffices for purchasing two or three repossessed homes (you might buy a Porsche while saving all this money...) Flip the properties, and you're looking at $1.5 million in leverage, which, invested in a few IPOs the day before they are offered and held by a Bahamas-based tax protected personal corporation, will propel you to billions...

Such is the famished claptrap realm of Kiyosaki's reasoning. It ought to be abhorrent.

From the simple premise of dishonoring one's father as a shock inducing revenue stream, through the notion of "get rich quick" by real estate trading and other network based schemes that overlook certain real world issues (risk? credit rating?), Kiyosaki mixes a few unquestionable platitudes that one ought to have learned in kindergarten (don't spend more than you make...) with a few unreasonable wealth strategies. In the process, he rendered himself wealthy.

Wealth, for a few, may indeed be obtained by breaching with obsolete principles like "honor thy father" as a hook - and by accepting the "new wine in old wineskins" notion that one can convert real estate into prosperity without risk. After all is said and done, hundreds of wealthy Wall Street traders will laugh off 2008 and beyond, while tens of thousands of people lose their homes.

Far as I'm concerned, it's the legions of "poor dad's" sweating and working and getting just a little bit ahead that make a nation wealthy. A handful of Kirosakis fleecing them that endanger this system I hold dear.

Two stars: one ought to skim even vile books as this and glimpse the lucrative potential of selling out one's family members for profit, and then toss it in the heap, kiss one's children good night, and send a loving email to Dad, whether poor or rich.

This is one of the best books that I have read. My husband and I are starting a new business and this book has opened my eyes and my mind. I recomment this book to everyone who is willing to have an open mind and ready to stop out-side the box.

This book is a great book to read. If you want to break the cycle of poverty in your life, then this is a good book. I was able to take things away from this book that I now use with my children.

This is an excellent book it has opened up my understanding of the gap between the rich and the poor. A very educational book so powerful to the mind. Let me explain this book is for those who are bold, those who are daring the typical in the box thinkers will hate on this book. To be honest this book is my second favorite the first being the bible, because they are both life changing only one is spiritual and the other is building wealth. If I had listen to the review of the ignorant haters I would have missed out on a great opportunity to change my life. Like a lot of people I am disapointed with my income. This book teaches you how to become wealthy and not depend on a job, but rather use it as a ladder to success. He does give excellent ideas on how to build assets which turns into wealth he states this book alone will not make you rich but it will spark the desire to gain more knowledge to become rich. Its an excellent book.

In this book, Kiyosaki does a good job of "motivating" naive and inexperienced investors into believing that investing is easy and that "money for nothing" is your entitlement as an American. Indeed, apparently only the "rich" have figured this out and the poor and middle class remain consigned to exploited ignorance.

This is a false, misleading, and dangerous view of the world. Making money is not easy, and indeed often entails huge amounts of risk when investing and leverage is involved (as a lot of naive real estate investors are now figuring out the hard way with house prices collapsing). There is usually nothing wrong with motivating people, but where peoples' money and livelihoods are at stake, providing false and misleading motivational material is extremely dangerous, and can lead to people taking on huge risks they can't afford, and/or mislead them away from pursuing a promising career to which they may well be suited.

Yes, saving money and learning how to invest it sensibly is a way to accumulate wealth over time, but it takes a lot of hard work, sacrifice, and the wealth accumulation is naturally very slow and entails risks (both in real estate and stocks). The type of real estate deals RK discusses which imply the possibility of making large amounts of money with little time/money/risk is simply a fantasy and could end up costing you everything.

Starting a successful business can be more rewarding than a job but it entails greater risks and not everyone is suited to building a successful business and most will fail. For many people a job is a more logical, low risk option, and in several fields there are opportunities to earn good money over time from professional development.

He did have some out-of-the-box creative ideas and things i had not thought about before. he makes some valid arguments and forces you to re-assess common assumptions.

but he also makes statements that are simply not practical for most real people.

I must admit I planned my Egypt holiday not thinking about business. Just read some fun books and gain some knowledge. No more detailed planning, business tricks or financial bla bla for two weeks... and then this book came along. It taught me about how to run your personal life as a business!

As the sun came down on my head, this book got jammed into it as well. We try so hard every day to improve our business or careers, only to get home and throw our hard-earned nett-money into products that only cost money. If your boss or invester was head of your family, many would be fired by now.

This book is not all knowledge, but creates an awareness within your personal situation. And in my case, as I've already read tons of books about this stuff, it kicked my butt again. Think about your personal finances and look where you're heading.

When I arrived home from the holiday it was clear to me Í had just created another business after reading this book; my family business.

This is the first book that I have read, that has greatly influenced my way of thinking about business and money. Yes, I have to credit this book with having impacted my life. I absolutely love Robert Kiyosaki and everything that he stands for. I appreciate his style and purpose of teaching readers the differences between an asset and a liability. And even more his teachings of what he classifies as the four quadrants E (Employee)/S (Self employed or Small business)/B (Big Business)/I (Investor). The key to true wealth from Kiyosaki's perspective is to make the leap from Entrepreneur or Self employed, to Big Business and/or Investor. Who knew that being self employed or running a small business would still keep you in the Rat Race!

My father recently bought this book as he spirals further and further into debt with his wife and their ineptness in real estate. While I do not blame this book for my dad's trouble, I do blame the simplistic nature of advice like this that does not take into account the fact that the working poor (which now includes my father, and once, included me) don't have the capital to incite the misadvetures promoted by the get-richers. How poor, exactly, is the eponymous Poor Dad?

The bottom line is this; no book is going to nmake you rich, unless you write it. What has worked for this man probably won't work for you. My father once shorted a room out when changing outlet covers... I have no idea how he managed that one... but obviously he should not be attempting to "flip" houses. If a book could actually make you rich, the idea would have caught on years ago and we'd all be rich... which would actually make us all poor.

What is valuable about this book is that attitude. But be careful if you don't have the safety nets that others have. And don't be afraid to be conservative about your finance if that's where you find yourself.

There are a lot of issues that go along with these little financial self help books, most of which are undesireable. First, I agree with a lot of the criticism on amazon stating that there is a lot of missing information, like how to actually read a financial statement, or the actual amount of money it takes to make more money in real estate, or how you simply have to have money to lose when investing. There are a lot of pollyana statements made by robert and co. and they simply inspire people who are ignorant of what it takes to play the 'game'. Kiyosaki states that the best chance of the average person making money is by joing an MLM! This is a big load, as anyone who has eyes to see would know. Sometimes I think that Robert actually wrote these books simply to boost the profile of MLM schemes. Don't get me wrong. Kiyosaki does tell the truth sometimes- things like 'your house is not an asset'. Now he is pimping silver and gold which is fine. However, he is also pushing real estate investing-
"The real estate and stock market are having sales," he said. "So, this is the time to look for bargains. Between 2004 and 2005 was the worst time for real estate and stocks."
Now is not the time to look for 'sales'. You will get crushed if you get in now, as robert states. So you see, a lot of this and a lot of that. In today's markets, its about the whole truth, not cute statements about MLMs. You are not likely to get it out of a tool marketed specifically for the gullible masses. A lot of these books are written to incite two things- greed and confusion, but welcome to America!

I enjoyed this book (I bought it for my kindle, which is awesome) but enjoy Dave Ramsey's books much more. This seems to repeat the same things over and over. It mainly talks about taking chances and that we must "be our own boss" before we will ever be able to have financial freedom. It reiterates again and again that we will not have wealth without being afraid we will lose it unless we are our own bosses. This is wonderful and great but I just like the tone of the Dave Ramsey books better. He focuses a lot on values and putting family first and is a Christian, which I love. This book doesn't do that at all. It just talks about taking a risk and being your own boss.

It is not often that I actually take time to put my thoughts down regarding a book I have read. In fact, this is my first! I feel that strongly about this book. Regrettably, I have very little good to say and that serves as my motivation in actually sharing my opinion with you... the potential buyer/reader.

I have one word that would describe the material in this book... AMWAY. There is no substance at all in this book... just a bunch of one-liners and motivational speak. If that is what you're looking for in a financial book then by all means, give your hard earned cash to Mr. Kiyosaki. He doesn't give you one piece of solid advice. On the contrary... he actually attempts to get you to put all of your financial eggs in one basket. That is just one example of the wisdom this book promotes.

The only other thing it tries to get you to do is to purchase more of his products beginning with a board game he developed and now sells. He says that it will teach you and your kids how to get out of the rat race we all find ourselves in and promote fiscal independence. Apparently Mr. Kiyosaki has never heard of the classic board game of Monopoly.

The most useful, single page in this book is the Recommended Reading page which actually gives you some sound advice towards books which are useful except for the one authored by Zig Ziglar, another AMWAY crook.

Stay away from this book like the plague. As far as financial advice goes, you'll do better by depositing the cost of the book into a savings account and at least get some return in your investment. Not to mention the absolute waste of time it actually takes to read through this garbage. They should have printed in on toilet paper because that's about the most useful use for the material printed on its paper...