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	Rich Dad, Poor Dad Time Warner Paperbacks ( 03 January, 2002 ) Book Our Price : £ 6.39 List Price : £ 7.99 You save £1.6 (20% off) Prices subject to change. usually dispatched within 24 hours.

Cant be as positive as everyone else

This was the first finance book I read just under a year ago. I was a few months into my first job and was wondering what to do with my money. At the time I liked it however I have since read a lot more books about different fincancial areas etc. I would say this. -/+ Many of the books this recommends in the course of the text are better than this. Often having read them I felt the author wasnt really a finacial genius he just knew how to outline the main points of some other good books + He is right in that we arent taught about finances properly in school and I found his assets and liabilities info quite good. If I ever have kids I will make sure they are more financially literate than I was, but, money really isnt everything despite what he says. - Often the book is used as a sales pitch for his other products and its difficult to see past this as he is very good at appealing to the reader by telling you, you are a superstar the whole time followed by so try my other product. Its a good pep talk at times - When you read his 2nd book you find out he was bankrupt. It strikes me as odd given that Rich Dad educated him from such a young age he should have been bankrupt I know we all make mistakes but... - If you look at the series which has now grown to loads of books and games the book ratings on Amazon are progressively deteriorating. I know that doesnt mean much for this book in particular but I think it says something. - The author seems to contradict himself at times. Ive read many articles about him on the net. He claims the investment strategy he favours is taking startups to market and then getting out. Yet in other things Ive read he says he doesnt know enough about the stock market to give advice. In one article he says to put your money in mutual funds in another hes said to avoid mutual funds. Look on the net for stuff about him. - His property claims are a bit too american orientated and given the state of the British property market price wise and structurally (not pun intended ; ) ) its unlikely your average person can expect to perform such wheeling and dealing and pick up bargains like he does. - I think he makes you think you can make mega bucks year on year and appeals to our more unsavoury sides such as greed and over self confidence. Even Warren Buffet the worlds greatest investor only aims for 15% a year growth. Im sorry for being negative so why 3 stars. Well I guess it got me thinking about my finances, which, has lead me on a better financial path, although I think its my other readings that were more beneficial. I bought the 2nd book but then things seemed too good to be true and I found him repeating himself the whole time. There is some good advice in there and its a good read but theres also a lot of psychology in order to make the whole thing appealing and Id be careful not to get carried away.

Encourages you to work for a fine life & not live to work!

This book changes the readers perspective about money and risk related with pursuing riches! It also openes our eyes about some hard truths. If we dont have our money working for us and multiplying, there is someone else using US and our money to multiply his, be it the bank, the government, your boss... whoever! A stable job is not a proper solution these days (Even if you find 1). Your house is not an asset because it doesnt generate income to you, it is the banks asset because that is to whom you are paying back loans and mortgages. These and other stimulating examples and insights are presented in order to make you think like the rich do and challenge old thoughts accepted by the majority! I used to consider finance and accounting boring, incomprehensible, illogical and was never interested in studying such money related subjects. Robert Kiyosakis "Rich Dad Poor Dad" as well as "Rich Dad cashflow quadrant" and "Rich Dads guide to investing" have changed all that! I now feel Finance is one of the most important subjects in my life, it can be fun if learned in the right way and found ecouragement in being more enterprenerial. I always wanted to start doing something, someday in order to be rich. This is how I used to feel while indulging in self help books! Roberts book was the missing link I have been waiting for. This book presents you with enough reasons to educate yourself about business and investing in order to take educated finacial risks. As a result I am already working to acquire assets that can generate money! Making mistakes will no doubt be an opportunity to learn important lessons in order to do better later on. Perhaps the only criticism I have for the book is that it illustrates many valuable concept but doesnt give practical hints. It still elightening though. Most people will agree that this is a good read. But I suggest it is a must read to anyone who really desires to work for a fine living (and retire rich) instead of living to work! Thank you Rob!

5 Stars dont do this book justice

I work in finance in the City of London, and currently spend one week in six studying for an executive MBA at the University of Chicagos Graduate School of Business. This results in my spending a lot of time reading financial texts both at work, and whilst studying at home. This is by far and away the best I have ever read! I cannot recommend it highly enough. I think its common sense approach cuts to the heart of the matter. It really challenges how you think about money, and shows how you should determine what is really an asset and what is in fact a liability. I have purchased more than thirty copies of this text for friends and colleagues, and believe it is one of the most valuable presents I can ever give someone. But enough from me. Buy it & read it! You wont regret it!