Rich Dad, Poor Dad: What the Rich Teach Their Children about Money That the Poor and Middle Class Don'T (Rich Dad's (Audio))

by Robert T Kiyosaki

Robert Kiyosaki reveals how he developed his unique economic perspective from his two fathers: his real father, who was highly educated but fiscally poor; and the father of his best friend - an eighth-grade drop-out who became a self-made multi-millionaire. The lifelong monetary problems experienced by his "poor dad" pounded home the counterpoint communicated by his "rich dad". Taking that message to heart, Kiyosaki was able to retire at the age of 47. This book lays out his philosophy and aims to open readers eyes by: exploding the myth that you need to earn a high income to be rich; challenging the belief that your house is an asset; showing parents why they can't rely on schools to teach their children about money; defining once and for all an asset versus a liability; and explaining what to teach your children about money for their future financial success.

• ISBN10: 0385496397
• ISBN13: 9780385496391
• Publish Date: 1 June 1999
• Publish Status: Active
• Out of Print: 18 May 2011
• Publish Country: US
• Imprint: Bantam Doubleday Dell Publishing Group
• Edition: Doubleday ed.
• Format: Hardcover
• Pages: 240
• Language: English

Reviews

[Joséphine]

Actual rating: 4.5 stars

Initial thoughts: This is a re-read for me after nearly ten years. It's kinda cool to see which lessons I did internalise and which ones I'd completely forgotten about it. I remember in junior college, we had a couple of very basic financial literacy courses. During that time, a lot of the concepts in the book seemed simple enough but also too abstract for real life. Actually getting there seemed out of reach as a teen but it did plant the idea at the back of my mind that there are alternative ways towards financial independence.

Reading Rich Dad, Poor Dad can either discourage or inspire you to take action, depending on your perspective. Personally, I want to take action, which is why I re-read the book, now that I've gained a little more experience in the world post-university.

[ladygrey]

Normally I would give this book two stars since from a writing stand point it's only ok. I do like that it isn't a manual on how to get wealthy but an examination of our attitudes and beliefs about money. I have to admit I learned quite a bit about my own point of view on money and my definition of wealth and have found places in my life to make practical changes.