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Rich Dad Poor Dad: What the Rich Teach Their Kids About Money-That the Poor and the Middle Class Do Not!
 
 

Rich Dad Poor Dad: What the Rich Teach Their Kids About Money-That the Poor and the Middle Class Do Not! [Kindle Edition]

Robert T. Kiyosaki (Author), Sharon L. Lechter (Author)
3.7 out of 5 stars  See all reviews (2,501 customer reviews) |
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Editorial Reviews

Review

'RICH DAD, POOR DAD is a starting point for anyone looking to gain control of their financial future' USA TODAY 'Robert Kiyosaki's work in education is powerful, profound, and life changing. I salute his efforts and recommend him highly' Anthony Robbins

Product Description

Personal finance author and lecturer Robert T. Kiyosaki developed his unique economic perspective from two very different influences - his two fathers. This text lays out Kiyosaki's philosophy and his relationship with money.
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Product Details

  • Format: Kindle Edition
  • File Size: 835 KB
  • Print Length: 207 pages
  • Page Numbers Source ISBN: 0446677450
  • Publisher: Business Plus; 1 edition (January 15, 2001)
  • Sold by: Hachette Book Group
  • Language: English
  • ASIN: B000FA5QEK
  • Text-to-Speech: Not enabled
  • Average Customer Review: 3.7 out of 5 stars  See all reviews (2,501 customer reviews)
  • Amazon Best Sellers Rank: #137,146 Paid in Kindle Store (See Top 100 Paid in Kindle Store)

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Customer Reviews

2,501 Reviews
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Average Customer Review
3.7 out of 5 stars (2,501 customer reviews)
 
 
 
 
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Most Helpful Customer Reviews

644 of 695 people found the following review helpful:
4.0 out of 5 stars Everyone should read this., November 27, 1999
This review is from: Rich Dad, Poor Dad - The Rich Teach Their Kids About Money - The Poor And Middle Class Do Not! (Paperback)
It is unfortunate that in America, the greatest nation in the free world, few people including those with high incomes understand the value of investing and the proper use of money strategies.You can live off your income, but you can't get wealthy off your income. Wealth is the result of using principles such as are in this book.I also strongly recommend "Millionaire Next Door" and for managers and leaders, read"Direct from Dell" by Michael Dell. Great books.
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707 of 764 people found the following review helpful:
5.0 out of 5 stars Great books RTK, July 22, 2002
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We're Going Places!! (www.travelganza.gttrends.net) - See all my reviews
This review is from: Rich Dad, Poor Dad: What the Rich Teach Their Kids About Money--That the Poor and Middle Class Do Not! (Paperback)
I just purchased Rich Dad, Poor Dad, Retire Young, Retire Rich and Rich Dad's guide to investing. I also have the tapes from RD, PD, CFQ, and RDGTI. These excellent programs by RTK have already made a profound change in my personal and financial life. They are a must for anyone who wants success.Two others are Millionaire Next Door and The Millionaire Mind.
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628 of 678 people found the following review helpful:
5.0 out of 5 stars RD/PD the power of MLM????, January 18, 2003
This review is from: Rich Dad, Poor Dad: What the Rich Teach Their Kids About Money--That the Poor and Middle Class Do Not! (Paperback)
I have read more than a half dozen reviews (probably same person) attributing the success to Rich Dad, Poor Dad to network marketing (MLM).I don't know if there is any truth to that or not, but I sure hope so.You see, I just signed up into a MLM company (not Amway) and if MLM can turn a book into a mega best aeller like some people have indicated, then that certaintly prooves the power of network marketing.And obviously Network Marketing (MLM) is far more powerful than that cheesy, supposedly well researched (it's not) website that gets getting mentioned here or the constant barrage of 1 star bashers (really just one person with a attitude problem) and obviously more successful than the self publishing industry.Thanks to RD/PD, I have reorganized my investments, started a successful business and am sharing this info with family and friends.1 star reviewer (s), get a life already!
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Robert T. Kiyosaki
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Questions from Readers for Robert T. Kiyosaki

Q
It is an honor to have the opportunity to pose a question to you. I am an American attorney based permanently in Bangkok. I have a reasonable income but continue to occupy the wrong quadrant. My question: Foreigners (who are not married to Thai...
Mari-O asked Nov 20, 2011
Author Answered

Hello and thank you for the question, I want to start off by saying that this is your life, your money and your decision. Asking for advice is good, but you must do your own research and ultimately make the decision. While one great advantage for real estate in the US is the 1031 exchange, it is certainly not the only advantage. Real estate generally has many tax and legal advantages. It also has the ability for one to take on great debt, have someone else (your tenants) pay off your debt while you keep the asset. I do not know the taxes or laws in Bangkok, but I would take the time to get educated about them to know if investing there is good for you. The idea of your turning over your hard earned money and giving it to someone else is the mindset that has eroded our society. It is a lazy mindset and one that refuses to take responsibility. If you do not know what to due with your money, then find out! Look at the four assets (commodities, paper, real estate and business) find out what interest you, get educated, build a team and take control of your future. It sounds like you have the start to a good real estate team in Austin. Leading a great team is the way to wealth. From what you've written, it sounds like you are missing a good broker to bring you the deals. Ask your existing team members for recommendations. Interview until you find a broker who has access to deal flow, understands the cash flow investing mindset and who invests him/herself. Once your team is solid, you will get the deals you need and have the ability to take advantage of the laws and tax benefits to real estate. You are off to a good start. Keep getting educated and build up your team.

Robert T. Kiyosaki answered Dec 6, 2011
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