High school drop-outs who hope to exceed the lifestyle of their (former) childhood friends who pursued college degrees. This book wasn’t for you, but who do you think might enjoy it more?Īnti-intellectuals. For me, I won’t be recommending this book again. At the end of the day, it’s your time and money do what you want with them. Again, I don’t know all the facts (and you should do your own research to build your own case) but I do find it somewhat worrisome that an author who’s trying to aid in financial intelligence and give us tools to increase our cash flow is himself in hot water financially and morally. Additionally, several countries have him and his business under intense scrutiny for fraud and scams. After finishing the audiobook this time around, I read a few articles online informing me that Kiyosaki (his company) has recently declared bankruptcy as well. Now I’m not pretending to know everything there is to know about Trump’s financial status, but I thought he bankrupted his companies? Which brings me to my last thought of irony. Specifically, the continued referral to Donald Trump’s financial abilities. One of the first things I noticed these six years later was that several of the anecdotes were outdated or misleading. Desiring an easy ‘filler’ book between two others, I recently returned to the audiobook version for a catch-up. I would like to think that I took away some of the author’s broad themes after I completed the book. Having little to no financial literacy at the time, the concepts were foreign but digestible. I had read the paper version of this book in 2011 while attending grad school. Book is good to read once and get something home from it, i think everyone will have something of importance in this book. But, as of now the first steps are always the hardest and slowest, working to build on the idea of wealth generation, just as a child takes its first steps. If someone knows of that 16% income instrument with low risk, please tell me. The philosophies shared about saving and investing are of great help, however the instruments to invest in was never introduced, i think I’ll be doing good with my steady growth mutual funds.
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Everyone knows money can be made in stock markets and real estates, but to crack up those deals and get those cheap out of the court settlements may only be peculiar to America, might not be workable in India, China or Philippines for instance.
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There are number of ideas and experiences that the author shares about money making, but doesn’t share any idea of how to identify the opportunity, but he indicates to his other books that could help, (clever marketing robert), that was the part where it got a bit hung over to me. However, what the book lacks behind is telling us about where should we not make mistakes.
In addition to that the author also talks about the philosophy and mindset one needs to be in to become rich, also sharing with us some of the financial loopholes of the system to make money. Throughout the book, which revolves around a boy of a poor dad who is learning financial education from a friend’s dad who he says his rich dad, the idea of personal finance and experience on successful investment-ventures flows continually. “ Rich Dad Poor Dad is a starting point for anyone looking to gain control of their financial future.”Īrouses great expectations on personal finance education Robert Kiyosaki Rich Dad Poor Dad - The #1 Personal Finance Book of All Time! The result is that people learn to work for money… but never learn to have money work for them." "The main reason people struggle financially is because they have spent years in school but learned nothing about money. His easy-to-understand audiobook empowers you to make changes now - and enjoy the results for years to come. He is regarded worldwide as a passionate advocate for financial education. With perspectives that often contradict conventional wisdom, Kiyosaki has earned a reputation for irreverence and courage. With an incredible number of 5-star reviews, Rich Dad Poor Dad has challenged and changed the way tens of millions of people around the world think about money. Clearly lay out what to teach kids about money for their future financial success.Show parents why they can’t rely on the school system to educate kids about money.Define once and for all an asset and a liability.Challenge the belief that your house is an asset.Explode the myth that you need to earn a high income to become rich.
Robert Kiyosaki’s easy tips and straight talk will… Listen today to set yourself up for a wealthy, happy future. Rich Dad Poor Dad is the #1 personal finance book of all time.
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