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Average rating: 4/5

Based on 127 ratings

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

by Robert T. Kiyosaki, Robert T Kiyosaki

Grand Central Publishing | May 1, 2000 | Trade Paperback

Personal finance author and lecturer Robert T. Kiyosaki developed his unique economic perspective from two very different influences - his two fathers. This text lays out Kiyosaki''s philosophy and his relationship with money.
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  • Community Reviews
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    Rating: 5/5

    GREAT BOOK

    Carrie Paxson

    4 years ago

    I really enjoyed this book. I am going online right now to buy some more books written by him and his wife. I like the way it is explained at a level that anyone can understand, specifically the concept around how the rich buy assets, and the poor buy liabilities. Great read, with some practical information I can start implementing right away.

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    Rating: 1/5

    Don't bother

    Chris

    5 years ago

    Thank God for Chapter's return policy! I rarely write reviews but I feel I must say something about this book. I bought this along with his cashflow quad and investing book. Kiyosaki is a con, I tried to keep an open mind reading this, I bought it based on David Bach's recommendation. I wouldn't waste your money on this book -listen to me or don't but at least do some research on this guy before you by it, just google Kiyosaki scam, and look into some of the complaints about him.

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    Rating: 5/5

    good read!

    kathleen diana

    5 years ago

    i learnt so much from this book. Kiyosaki has pointed out many things that we seem to neglect. It's a good read to broaden your prospects!

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    Anonymous

    Rating: 1/5

    Utter trash

    Anonymous

    5 years ago

    This book isn't worth the paper it's printed on. Kiyosaki is clearly pandering to the masses of uneducated, working class Americans that want their "Get rich quick" fix. It's a collection of cliches with zero substance. I don't even know where to begin describing how bad this book is.

    Comments on this review:
    Peter Wai

    Spoken like a true "poor dad"

    Chris

    Well put

    • Was this review
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    Matthew

    Rating: 5/5

    It worked

    Matthew

    7 years ago

    I read Rich Dad Poor Dad in Dec of 02. I am now a paper millionaire and have a passive income of $2,500/mo. I've read many books that have helped me along the way, but the philosophy I learned in this book is still my main guide. This is my bible of financial books.

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    John Sterne

    Rating: 4/5

    Rich Dad Poor Dad

    John Sterne

    7 years ago

    The lessons from book are truly terrific. Mr. Kiyosaki gives a great account of his experiences growing up and how he applies the combination of influences that his two dads had on him, into his life. That and he gives the readers a concept that is genuinely new, the concept of the four working quadrants of a persons income which he goes into to in more depth in his book called CASHFLOW QUADRANT. I also like the way that he simplified the process of understanding balance sheets and income statements into a visual representation that can be easily understood by most people. Overall, this book is worth reading, but it does lack in a couple of ways. Firstly, the material that Kiyosaki uses is rather repetative and very long winded. In fact he probably could have paired down this book to a few meaningful chapters. Especially near the end of the book where the last chapters are basically verbal diarrhea. My only other complaint about this book would be a lack of depth and conveyancing of the understanding of any sort of how to method to his readers. Basically Kiyosaki talks a lot about himself and his anecdotal experiences but gives only a few tidbits of useful information to his readers. As I said above, however, this book is worth the read if all you get out of it is a better understanding of income statements and balance sheets and about which quadrant your income comes from. These are the keys to basic financial literacy and are conveyed extreamly well in this book and in Cashflow Quadrant both of which are worth reading. The rest of the Kiyosaki series of books, on the other hand, are not worth the paper they are printed on, which doesn't say much considering they're printed on some of the cheapest pulp money can buy. I don't suggest wear any dark clothing while you flip through it's pages.

    • Was this review
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    Great book. It is very clear on the points Robert Kiyosaki wants to communicate.
    I found it a little more repetitive than what I like. However, it is worth it. It is a book for those who are looking for doing more than being an employee.

    • Was this review
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    Ted

    Rating: 5/5

    Eye-opener

    Ted

    8 years ago

    Great, especially if you grew up poor and still are. Never taught about money or finances by parents. Perfect place to start gaining financial intelligence.

    • Was this review
      helpful to you?
    Al Hunt

    Rating: 5/5

    Richer Kid Smarter Kid

    Al Hunt

    11 years ago

    After letting a friend read this book about how most of us are doing it wrong he said,"But, ...this is depressing!" I guess some people see doors closing where others see doors opening. This book changed my financial outlook from a dismal I-can't-believe-I-have-to work-until-I'm-65 to WOW I-have-financial-hope! The best part -- now I know what a REAL asset is (and why it isn't my home).

    • Was this review
      helpful to you?
    Olen Letourneau

    Rating: 5/5

    I am rich

    Olen Letourneau

    11 years ago

    I never realized how rich I was. Rich Dad, Poor Dad made me realize that all of the ideas and thoughts in the back of my mind were true - I don't have to be scared of wanting to be financially independent through taking calculated risks. I don't have to rely on my employers or others to gain financial literacy. This book has great information, but really, it just helped me to realize how rich I am and how rich I can be. It also taught me that being rich isn't always the same as being wealthy.

    • Was this review
      helpful to you?

    Rich Dad, Poor Dad the first in the Robert Kiyosaki series is the best introduction a person can have to beginning to understand how the rich and soon to be rich think. In it he explains, in simple, easy to understand terms, the relationship between an income statement and balance sheet. Suggesting how to use your new found knowledge and that knowledge is the key to making "Mega-Bucks." This is a great beginners book and will help even the most financially illiterate of readers understand the concept behind money. I have bought 3 copies of this book, so far, and have been giving them to my friends and family. Both easy to understand and horizon broadening. Excellent book!

    • Was this review
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    Siena

    Rating: 5/5

    motivational reading

    Siena

    11 years ago

    Definitely worth reading! In today's educational system, we're taught skills that will help us to get jobs and therefore make money, we're not taught what to do with that money once we've made it... which is a very important factor. This book describes ways to have your 'money work for you' not you working for money.

    • Was this review
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    This book was written because the author believes that traditional schooling, while very important, is no longer enough in regards to finance. Let me say right away that I am very glad it was written; I found the book very valuable. The thoughts and ideas I obtained from the book have made me realize that I alone am in control of my financial future. I have to act now, to ensure that I will have future financial success. Therefore, I am very grateful that I had the opportunity to read the book. This is a book for everyone to read.

    • Was this review
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    Dan T

    Rating: 5/5

    Worth To Read.

    Dan T

    11 years ago

    I consider myself a professional and have no fear about numbers. For the past years of doing my investment, I have overlooked few simple principles in money management. This book kind of wake me up and steer me back to the track. This book is worth to read even though you think you are money smart.

    • Was this review
      helpful to you?
    Andrew Stegemann

    Rating: 5/5

    Think Different

    Andrew Stegemann

    11 years ago

    Most people are not rich, wealthy or ,most importantly, not even literate when it comes to the world of money. Rich Dad Poor Dad simply helps guide the average person to start thinking differently money- it's the best starting point that one can take on the road to financial literacy.

    • Was this review
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    Denis Brassard

    Rating: 5/5

    Rich Dad Poor Dad

    Denis Brassard

    11 years ago

    This is an excellent book that should be read by every parent who is really concerned about the financial future of there kids. This book explains how so many of us are caught in the rat race of life with no hope of getting out. This book gives the reader an amazing solution which is inspiring & practical,a must read for sure!!

    • Was this review
      helpful to you?
    Paul

    Rating: 5/5

    Follow your dreams Read this book

    Paul

    11 years ago

    For all those who have always believed there is more to life than the 9-5 monday to friday routine. For those who know there has to be a better way, but just don't know what it is. You have to read Rich Dad Poor Dad, I guaranty it will open your eyes and touch your soul. In case you believe working up the company ladder is the way to go, think about this: you will never be rich working for someone else. Rich Dad Poor Dad will relate to you in so many ways, and if your open minded, it may just help you to change your life.

    • Was this review
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    Samuel Hui

    Rating: 5/5

    You must read it

    Samuel Hui

    11 years ago

    After reading this book, I understand why I am so poor. Middle Class is poor. This book can change your life

    • Was this review
      helpful to you?

    Rich Dad Poor Dad is an excellent educational tool for business people as well as employees. To get rich we must do things different than the middle class. This is repeated (maybe a little too much), but maybe is the key to getting the point across. You won't ever think the same!

    • Was this review
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    Christy Janmsa

    Rating: 5/5

    A Must Read!

    Christy Janmsa

    11 years ago

    Inspiring! Rich Dad, Poor Dad is an easy read, sharing ideas that have the potential to change your life. While useful for all ages, it is less damage control than a new perspective on life. Rich Dad challenges conventional ideas on making money and inspires us to dream, imagine, and learn new ideas and attitudes that will carry us through the next decades of our lives. If you are open to being challenged, this book will not only impact your finacial situation, it will help you to balance all the areas of your life ~ body, society, family, and mind as well!

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