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

If you want to be rich, start by asking someone who is!

I enjoyed Robert's book and recommand it to anyone who wants to get their finances straight and start accumulating wealth. It's a simple concept that most of us know-but we sometimes need that "ah hah moment" for us to start doing it.

This book is great for anyone that doesn't like the "boring" statistical business/investing books, because it explains the ideas through a story. Robert references the book, Richest Man in Babylon-which is a great book to pair with Rich Dad,Poor Dad because it identifies the strategy of "paying yourself first".

In this book the phrase, "Everyone wants to go to heaven, but know one wants to die", was used to reference how everyone says they want to be rich but no one wants to do what they have to become rich-they want it handed to them. We all know that doesn't happen! This phrase really connected to me and I applied it to more than just my finances but really my life and how important it is to go after what you want. So often we put things off in our life "until we have the money",(kids, marriage, school, business). In most cases you have to take a "little risk to get a gain", or it passes by us.

I highly recommend this to anyone that might need that little extra push. Have a plan and go for it!

Enjoy the book!

I had heard of this book before, but "assumed" it was a book on working hard, saving and being financially responsible, blah, blah. I was so wrong and so pleasantly surprised that it was nothing like that! It was much better than I thought and I'm so glad to have read it! I discovered I'm a mix of rich dad and poor dad, but definitely now have a better idea of what it takes to become a rich dad and have already started down this path. Having two teens to share this with over time is going to be fun and rewarding too. I've already offered my son (19) $3k if he researches and opens a stock trading account. That's when he said "yeah, I'd like that. Did I tell you I finished 3rd in my HS class in the stock trading contest last year?" And my daughter is doing the same stock trading contest this year in her HS class and she told me on Sunday that she's "short" a stock considering the market. Wow!! This book is just the spark that I needed to confirm what I need to continue doing working toward being a rich dad and also how to encourage and support my kids in their efforts. I just bought the next book...cash flow quadrants...can't wait to dig in!!

Kiyosaki made up the character "Rich Dad", he never existed period.

Kiyosaki is a failed businessowner who excels is lying and exploiting peoples dreams of becoming rich.

This book WON'T make you rich, it contains no guides on how to become rich, just general advice that's been around for decades.

His advice to speculate on real estate may very well been the cause of the financial crisis US is currently in, Kiyosaki effectively fueled the housing bubble the taxpayers are now paying for in trillions of dollars.

This book is so irresponsible, wrong and full of lies that it sickens me. If you want someone to blame for all those foreclosures and subprime disasters, Kiyosaki is your best bet.

I wont go into the details of this book since Im sure that by reading the thousands of reviews on here your either by now interested or not. With that said, Robert Kiyosaki has predicted everything that is happening right now many many years ago with the financial crisis from Wall St to Real Estate crashes, everything. This guy knows what he is talking about.
Now he is on a mad crusade speaking in cities on how you can benefit in this type of market.

RK's Rich Dad Poor Dad was a real eye-opener for me when I first read it. Upon initially reading the book, I thought it was pure genius. Now, skimming the book a decade later, I now realize what a joke much of RK's book is. At the risk of confusing this book with his others, this is a man who condemns "speculators" while then proceeding to brag about his glorious options and short sell maneuvers (none of which would constitute "investing" by RK's own standards). He brags about hedge funds available to "the rich" who are sophisticated enough to understand them, but not to the unsophisticated poor and middle class (btw, I haven't seen any WSJ articles lately about poor and middle class folks suing hedge funds for being misled). He talks about how so-called "sophisticated" investors have endless opportunities in markets like Phoenix, where he bragged about being heavily invested. I wonder if he's still bragging now that the Phoenix real estate market has dropped nearly a quarter. He calls people who invest for capital gains speculators, while turning around and patting himself and other "rich" investors for re-investing dividends into their portfolios so that the principle can grow (which is arguably the same thing, if not worse because you have to pay taxes on the dividends whereas you wouldn't on unrealized capital gains). Finally, and what turns me off the most about RK, is that he has the audacity to encourage people to have the creativity and optimism to take chances, and then call those people suckers, or "the poor," etc, on Larry King Live when discussing the market opportunities in these tumultuous times available for "the rich" like himself. In my opinion, today's market woes are, at least in part, because too many people listened to RK's advice (and those like RK) and took speculative risks in the real estate market like he has. The fact is, RK is a hell of a salesman - he sells his books. Follow his model of optimism and creativity if you like. However, if you want advice on actual investing, stick to the advice of "level 4 investors" like Warren Buffett (RK's own words in Cashflow Quadrant), and leave the advise of "level 5 capitalists" like RK for others to heed. Skip being fooled by RK.