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We bought this book several years ago on the recommendation of someone we know.. It was interesting. I bought it again to give to my grandson, but am rereading it to see what I learned the first time. It has some good points but it is somewhat not realistic Most people or a lot of people will have to work from someone else rather than being self employed and getting super rich. The main thing that I will take away is that most people are more interested in buying things that are not assets. Public education he says is not teaching financial literacy which is true BUT the public school is not supposed to teach everything, you can not undo what is taught at home
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The first time I picked up the book I only read a few pages.... It sat for months before I started again. So I would have to say the beginning is a little slow. It also depends on whether you are interested in changing your life. At that time I was not concerned about my financial status and figured I was well enough off. When I finally read the book in earnest I found it motivational and inspiring although a little lacking in details. The ideas and principles taught can be life -changing if you are ready to accept a non-traditional viewpoint. Kiyosaki teaches against the doctrine of go to school, get a job, work hard for 30 + years and hopefully social security, your companies retirement plan, and your 401(k) will keep you above the poverty level when you retire. He teaches you to make your money work for you rather than you working for your money. The diagrams were very simplistic and not very useful. They seemed to be a way to take up space so the book would appear thicker. Even though I found a lot of negative points, I still think it is a valuable book and I recommend it to anyone looking to change their financial outlook.Vollständige Rezension lesen
This book opened my eyes to how the 'system'works to help the rich become richer and the poor to stay poor.It simply explains how those in power have deliberately 'rigged' things to benefit themselves, but if you are aware of the things that have been done you can use them for yourself to gain wealth.This is not a'get rich quick' book,it is more about deciding to use the laws the same way the rich do-start a buisness,save on taxes,invest in things that will increase your net worth rather than'spending'your wealth prematurely.No specifics on getting rich,but more about your attitudes;beliefs;and behavior's when it comes to money.My net worth has increased by 3x's since first reading this book(and the rest of his book's)about 4 yr's ago.I recomend reading them,just don't expect things to be easy and simple because you read a book.It takes work and thought to become wealthy.But it will give you some guidelines to follow.Vollständige Rezension lesen
A read for everyone who wants to keep it super simple when it comes to making money work for them. The book spreads the experience of the author to compare his wealth experience be tween too fathers. With simple pictures, shows how one is able to accumulate assets, while the other feeds into liabilities. The argument which one's home is a liability is well versed, proving the need to acquire rental property and run it as an asset. The reading is smooth and quick, even my two year old is able to sit through it.
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This book changed my life. Instead of drearily trying to "make ends meet," I am now, every day, thinking, "How can I make my money work for me?" Sounds very elementary--but when you're coming from the standpoint of simply trying to survive from check to check, wondering how you're going to buy groceries--this is revolutionary, or it was for me. See, here's the thing: I forgot that I was in control of those pennies. "Rich Dad, Poor Dad" helped me see everything differently, and now, a month and a half later, I actually have money in a money market account, AND I have $200 invested. It's not much, but it's working for me--it's earning interest. Previously I'd been stashing cash in a jar, and I was actually pretty proud of that. Sure enough, though, something'd come up and I'd need that money, and I'd be stuck starting over with nothing. Getting nowhere. Even if I add nothing to this money, it's working for me. Through sharebuilder, a discount broker online, I can add as little as $10 at a time. It all adds up. The author talks about the difference between rich people and poor people---one chief difference: the rich pay themselves first. What! As it turns out, when you pay yourself first, that money of yours--its interest--will eventually be enough to pay your bills. Another chief difference: poor people tend to think their home is their biggest investment, and it's actually a liability because it doesn't make you money. I enthusiastically endorse this book. the only reason I didn't give this book a 5 star rating: sometimes he sounds like a kindergarten teacher. I felt patronized at times. The book's message outweighs the tone, though. I highly recommend this book.Vollständige Rezension lesen