Book Information

Book ID Asin: 1612680178
Book Title: Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not!
Book Author: Robert T. Kiyosaki
Book Format and Price:
Book Format Name: Kindle
Book Format Price: $6.75
Book Format Name: Audiobook
Book Format Price: $0.00
Book Format Name: Paperback
Book Format Price: $15.49
Book Format Name: MassMarket Paperback
Book Format Price: $7.18
Book Format Name: MP3CD
Book Format Price: $14.99
Book Price: $15.49
Book Category: Books, Business & Money, Personal Finance and unknown
Book Rating: 76,459 ratings

Book Product Detail

• Best Sellers Rank: #270 in Books (See Top 100 in Books)
  • #11 in Personal Finance (Books)

• Customer Reviews:
  4.7 out of 5 stars 76,459 ratings

unknown

Book Review

Name: Ilive4him24
Rating: 5.0 out of 5 stars
Title: Everything
Date: Reviewed in the United States on March 17, 2018
Review: I read this book about 11 years ago at 27 years old , had no money, I followed the advice in this book and now have 15 rental properties paid off free and clear, my assets more than cover all my expenses. I just bought this book again, I'm in the middle of reading it again now 11 years later and can't put it down. I hate reading btw. I plan on reading this book at least three more times over the next 20 years so I can keep all info fresh in my mind. People always ask me about success. I tell them to read this book...whats crazy is that they don't read it. You can lead a horse to water but can't make it drink. The book changed my life and it will change yours. Do you want change or do you just want to talk and think about change? There is a big difference , do it.

Name: judysardenspeaker
Rating: 1.0 out of 5 stars
Title: Make sure you Select the Book Size
Date: Reviewed in the United States on January 23, 2018
Review: I owned this book in the past and wanted to reorder it to read it again. Instead of getting the book I expected, I received a tiny, hand sized book, with print that is too small and that is, frankly, hard to open all the way in order to read the words near the binder. So the book is utterly useless. With all the complaints about this tiny book, I'm not sure why that is the book that automatically comes up when you search for the book. Instead, the normal sized book should be the default, and then people can select the pocket sized book if they want. So I would say that the content of the book is excellent. DO purchase the book; however, BE SURE TO SELECT THE LARGER, PAPERBACK VERSION if that's what you want (sorry for the all caps, just want to make sure people see that part).

Name: Craig
Rating: 1.0 out of 5 stars
Title: The guy is a scam artist
Date: Reviewed in the United States on July 15, 2019
Review: First off I will admit there are some good financial sayings to say to a 10 year old and very very basic concepts. Other reviewers broke it down well so I will skip that. The cash flow game is kinda fun and a knock off of monopoly. Here's the problem, the guy is a scam artist. He writes in his own book he is a "best selling author not a best writing author". That seems to be a theme throughout the entire book. One big motivational sales pitch. Look up rich dad poor dad scam and you'll see what I'm talking about. It's a shame there's people out there who scam others. I listened to a "live" seminar and after 15 min it's another 45-60 min of straight sales pitch to buy their program. Please read reviews on other sites and you'll see what I mean. Thank God I didn't waste money on the "classes". If you want an honest and straight forward financial book, I would highly recomemend Dave Ramsey baby steps, the richest man in Babylon, and the millionaire next door (skip 1st chapter). Those are worth their weight in gold meanwhile rich dad poor dad is an expensive paperweight. I wish I could get all the time back that I wasted on this vague book.

Name: Eugene C.
Rating: 4.0 out of 5 stars
Title: A great foundation book for beginning to improve your financial intelligence
Date: Reviewed in the United States on June 19, 2017
Review: This is an enhanced reprint of the original, with additional study questions/ discussion and review added at the end of every chapter. I bought the original about 18 years ago and it changed my families destiny for the better. I am glad the reprint came out as it prompted me to reread it and deepen my understanding.
Some people complain that this book does not give a step by step process for change. I would counter that one size shoe does not fit all feet. There are many individual paths to wealth, and Kiyosaki sets the guiding stars to navigate by, but you have to walk your own individual road.

Some key concepts of this book are: 1) Assets put money in your pocket even when you are on vacation. Liabilities take money out of your pocket, therefore your house is a liability [unless you rent out rooms and the garage as one person I know did while rebuilding his asset base].
2) Wealthy people buy assets first, and then let their assets buy their luxuries from the surplus cash flow.
3) Wealthy people continuously increase their assets by reinvesting their surplus cash flow in more assets.
4) There are 3 primary asset classes: Real Estate, Businesses, and Paper assets (stocks bonds notes, etc)
5) Cash Flow is more important than Net Worth. Net Worth is similar to potential energy, to use it you have to spend it, then it is gone. Cash Flow is like power from a hydroelectric dam, constantly replenished.
The rich don't work for money, they work for assets.
The tax laws are fair from the standpoint that the laws that the rich spent billions of dollars to have modified and interpreted apply to everyone who learns how to use them.

A great foundation book for beginning to improve your financial intelligence so that you don't work 4 or more month's of every year for the Tax man, more months for the banks that hold your mortgage and credit cards, and whatever is left making the company you work for wealthy. Good luck on your journey to being Rich, poor, or middle class.

Name: Mister E2
Rating: 3.0 out of 5 stars
Title: Rich Motivation, Poor Examples, Fun to Read
Date: Reviewed in the United States on May 19, 2018
Review: A very motivational book without a lot of practical steps to magically achieve the goals listed. Some inaccurate information such as Charles Schwab dying penniless. More important is the author filed for bankruptcy in 2012. Why is that? Research it on your own. For most people this will motivate them to THINK differently and think outside the box, but not necessarily ACT differently, as we still need money to live on and have to work some and not just dream big without action and income behind it. This books contrasts another book "The Millionaire Next Door." Some of the examples that seem to be his idols are a bit scary too, like Ray Kroc. I'd rather apply Biblical money principles from people like Dave Ramsey. All in all a fun good read for mental stimulation. Take it with a grain of salt and don't blindly follow it 100%

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