Rich Dad, Poor Dad
Product Details | Similar Products | Customer Reviews | Author: Robert T. Kiyosaki List Price: £17.61 Availability: Usually dispatched within 24 hours  |
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 | Product Details: Audio Cassette Release Date: 22 December 2000 Publisher: Little, Brown & Company ISBN: 1570429596 Rating:   Sales Rank: 604862 | | Look for similar books by subject: | | Customers who bought this item also bought:
| | Customer Reviews: Proceed, but with caution (05 January 2009)Like alot of wealth creation books there are two sides to the story. The author did well financially and has shared his story (further enhancing his finances of course). However there will be many who followed similar paths who didn't do so well and haven't written books. Skill and attitude played a part but also luck and circumstances would have done too. Unfortunately I read this book at the wrong time - January 2008. I became less wealthy! But this isn't the book's fault of course. It was just unlucky timing and circumstances. But it does illustrate that such books are not a panacea and they can be quite dangerous if advice is followed naively. Particularly I remember 3 things from the book. One was the advocation of high risk taking -true that you probably do need to take some high risks to achieve exceptional returns and many millionaires have done this many times over, but the downside is also possible and can be magnified by wreckless risk taking. Second the author surprisingly turns conventional western thinking on its head by arguing that an "owned" house is not an asset. This second argument is particularly interesting and many of the points such as the drain on income that the upkeep of a house involves are very thought provoking. However in my case owning a house has certainly been an asset and, present market difficulties not withstanding, has provided me with more capital than I would have produced by any other means. Thirdly, contrary to general wisdom passed down by most "Dads" you don't necessarily have to work hard or long hours to create wealth, nor will a regular salaried job achieve wealth. Yes, this is a good point drawing on a capital owners v proletariart workers argument. Now here's a thing...despite my personal mixed results I am still pleased I read the book. I have gained a new view of money and wealth and it has encouraged me to learn new skills and attitudes which although they have not paid off so far, I'm confident will in future. So give it a go, but take it with some salt and maybe dilute it with an alternative read such as Nassem Taleb's "Black Swan". Finding Gold in a Book! (18 November 2008)Despite having a high school education and a college degree, I was never educated on the subject of money. As I leapt into adulthood I found myself in debt 10 years later with no clue how to get out and no clue how to produce wealth in my life. A friend suggested that I read Robert T. Kiyosaki's "Rich Dad Poor Dad". This book has opened my eyes to the logistics of how money works and how I can make it work for me. This book has helped me to take control of my finances and now, at age 39, I am out of debt. I have a deeper understanding of money, like never before, on what I need to do to make my money work for me. Now I am clear on the difference between assets and liabilities. It's so exciting that Robert T. Kiyosaki is sharing his wisdom of financial education. It is one subject that should be added to the educational curriculum. Another subject that was not offered in any of my educational experiences was how to achieve and experience well being. As Robert T. Kiyosaki is sharing the gems of financial freedom with the world, authors Ariel and Shya Kane are sharing the priceless knowledge of instantaneous transformation in their books, Working on Yourself Doesn't Work: The 3 Simple Ideas That Will Instantaneously Transform Your Life, How to Create a Magical Relationship: The 3 Simple Ideas that Will Instantaneously Transform Your Love Life: The 3 Simple Ideas That Will Instantaneously Transform Your Love Life and Being Here: Modern Day Tales of Enlightenment. In their writings, I have discovered the ease that is possible in living. I didn't know much about finances and I found Robert T. Kiyosaki. I searched for enlightenment and I found the Kanes. It's a gift to find authors that can write about what works! A Transformational Approach to Money (16 November 2008)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. THE "RICH DAD" THINKS THAT POOR IS NOT SO CLEVER (03 November 2008)The book offers an easy and enjoyable read. When I was reading the first couple of chapters, it kind of made me feel really excited and I was reading faster and faster as it was giving me the impression that the book was going to give me the "magic formula" to make millions and millions. Unfortunately, the book only gives an overview of the financial and behavioural difference between the rich and the poor. Although it is a very interesting read, it writes about the obvious. The obvious i.e. the difference between the rich and poor, is written in a way as if it is a hidden secret revealed manner and everyone reads it will be ever rich. Obviously there will be an obvious difference between the rich and poor because one has money and another hasn't. Furthermore, there will be a behavioral and spending difference between the the rich and poor. Another thing that made me feel odd is that I got the impression that the author or "the rich dad" thinks that the poor is stupid and because they are so stupid they are poor. Please do read this book, it is entertaining but don't expect too much. IT WON'T GIVE YOU THE MAGIC FORMULA TO MAKE MILLIONS! Must Have Book! (11 October 2008)With probably the weirdest choice of a cover and a title!! Comes an amazing read! TO be honest with you never have i ever bothered to review anything be that a book or a movie; however this book to me deserve the effort. After i got over the choice of cover and title, choosing not to judge the book by that, i started reading from page one, little did i know i will finish it within days!! No bus journey or train journey went by without this book. The style, emotion and moments captured so elegantly in the book; that no matter how knowledgeable you are- you WILL learn something different. Rich dad, poor dad - never failed to force me going into a thinking frenzy and review my life and direction as well as agreeing to Every point made. Made me look at finance and my dreams in a different light. Further to it encourage the made theme of the book: Financial IQ!!! Truly is a life changing book. | |
