Product Description

Personal finance author and lecturer Robert T. Kiyosaki developed his unique economic perspective from two very different influences - his two fathers. One father (Robert's real father) was a highly educated man but fiscally poor. The other father was the father of Robert's best friend - that Dad was 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 47. RICH DAD, POOR DAD, written with consultant and CPA Sharon L. Lechter, lays out his philosophy behind Kiyosaki's relationship with money and opens 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 ... * Explaining what to teach your children about money for their future financial success

Product Details

• Amazon Sales Rank: #388 in Books
• Published on: 2002-01-03
• Binding: Paperback
• 224 pages

Amazon.co.uk Review
Personal finance author and lecturer Robert Kiyosaki developed his unique economic perspective through exposure to a pair of disparate influences: his own highly educated, but fiscally unstable father, and the multimillionaire eighth-grade dropout father of his closest friend. The lifelong monetary problems experienced by his "poor dad" (whose weekly paychecks, while respectable, were never quite sufficient to meet family needs) pounded home the counterpoint communicated by his "rich dad" (that "the poor and the middle class work for money," but "the rich have money work for them"). Taking that message to heart, Kiyosaki was able to retire at 47. Rich Dad Poor Dad, written with consultant and CPA Sharon L. Lechter, lays out his the philosophy behind his relationship with money. Although Kiyosaki can take a frustratingly long time to make his points, his book is nonetheless a compelling advocate for the type of "financial literacy" that's never taught in schools. Based on the principle that income-generating assets always provide healthier bottom-line results than even the best of traditional jobs, it explains how the former might be acquired so that the latter eventually can be shed. --Howard Rothman, Amazon.com

USA Today
'RICH DAD, POOR DAD is a starting point for anyone looking to gain control of their financial future'

Anthony Robbins
"Robert Kiyosaki's work in education is powerful, profound, and life changing. I salute his efforts and recommend him highly'

Customer Reviews

don't buy this
i bought this on audio and that made the whole thing a lot worse. not only was i having the bloody obvious drone on, but also by someone who sounded like he was reading to his 5 year old child.
the guy makes a few good points but these could have been summed up in a paragraph or two , perhaps an essay of an A4 page at a push.
You keep on thinking that something really new is coming up but no its just the same again and again. you know those american documentries that come back after their commercial break and seem to feel the need to remind you what was on only 4 minutes earlier, well this is very much the same.

don't bother

Life changing
The title of this review says it all. If you are open minded and willing to change your ways, then this is for you. Gave me new perspective and i hvent looked back. a must buy.

Gives a fascinating perspective on wealth
The book is excellent at explaining the fundamental differences in the approach the rich have to money compared with the not rich. A lot of what Kiyosaki says is a real eye opener and really makes you sit up and think about wealth creation in a totally different way. For instance, every home owner regards their home as an asset, buy Kiyosaki explains that the mortgage to pay for your house takes a huge part of your salary away and a house shouldn't be regarded as an asset, but as a liability. I think many would agree with this!

He also discusses starting your own business and makes some excellent points here, highlighting the fact that 9 out of 10 new businesses fail within a year, and of the ones that survive this, most go on to fail within 5 years. He actually advises against starting your own business and instead recommends focussing on starting a side business to supplement your day job.

This book is quite a revelation, my only criticism is that it doesn't actually present any money making ideas, it's more an inspirational book. Definitely worth a read.