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Rich Dad Poor Dad for Teens: The Secrets About Money--That You Don't Learn in School! Paperback – August 1, 2004

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Product Details

  • Series: Rich Dad Poor Dad
  • Paperback: 160 pages
  • Publisher: Little, Brown Books for Young Readers; Reprint edition (August 1, 2004)
  • Language: English
  • ISBN-10: 0446693219
  • ISBN-13: 978-0446693219
  • Product Dimensions: 0.4 x 6.1 x 9.1 inches
  • Shipping Weight: 6.4 ounces
  • Average Customer Review: 3.3 out of 5 stars  See all reviews (97 customer reviews)
  • Amazon Best Sellers Rank: #111,300 in Books (See Top 100 in Books)

Editorial Reviews

From School Library Journal

Grade 6 Up–Kiyosaki, a bestselling author for adults, has specifically targeted teens in his attempt to promote his philosophy. What makes this book unique is his approach to how he thinks about accumulating wealth and about having money work for the earner. "Poor Dad" accepts the notion that he will never be rich and thinks that "money doesn't matter." "Rich Dad" thinks that "money is power." Teens are encouraged to be creative in developing ways to earn cash and to limit spending. A chapter on identifying individual strengths and learning styles while developing a financial IQ on the path to financial freedom is a lesson for any age. Sidebars and quizzes promote individual ideas and concepts. Teens will be attracted by the notion of playing games to learn more about acquiring assets and managing money. The glossary clearly explains financial terms. An entertaining and informative book.–Kathleen A. Nester, Downingtown High Ninth Grade Center, PA

About the Author

Robert Kiyosaki and Sharon Lechter are the authors of the #1 New York Times bestseller Rich Dad, Poor Dad, as well as Rich Dad's Guide to Investing, Cashflow Quadrant, and Retire Young, Retire Rich. Both authors live in Arizona.

More About the Author

Questions from Readers for Robert T. Kiyosaki

Hi Robert! Ive been involved with a few network marketing companies, and none of them has panned out to making me any money at all! I live very rurally and know few people. Extended family is non supportive. My hubby was unemployed for a year, and...
Robin Brostovski asked Sep 2, 2012
Author Answered

Hello Robin. Thank you for the question. When I get in a situation that feels like a "no win" I do two things: I look at all the failures and all the losses and all the mistakes. I look at them hard and long, then I turn each failure, loss and mistake into a lesson. I learn. Mistakes are the best teachers so I learn a lot. After I've learned my many painful lessons, I reorganize, rethink and revise my opportunity. Then I act. Many times I've had to repeat this cycle over and over. But once learned, you'll never forget these painful lessons that are the keys to your success.

Robert T. Kiyosaki answered Sep 4, 2012

Customer Reviews

EVERY teen should read this book!
Read the dimensions of the book and see that it is probably not what you think.
David Sarske
I didn't realize the size of this book when I purchased it.

Most Helpful Customer Reviews

44 of 45 people found the following review helpful By Vannie Ryanes on April 27, 2005
Format: Paperback
This book is an excellent introduction to the how and why of finance. Author Robert T. Kiyosaki has written this short book in clear concise language that cannot be misunderstood by the teen in your family. At the outset, Kiyosaki puts the young reader at ease by talking about the myth of IQ and intelligence. He immediately erases any thoughts of "I am not smart enough to understand this book". Once again, as in his previous books, Kiyosaki emphasizes how the rich think differently from those who are in the middle and poor class. Rich Dad Poor Dad For Teens is an easy to read 'think positive about finances' book for young people. Included is a two-page glossary that proved to be very helpful to the young teen (age 15) who read this book after I did.

In this day and age of consumer greed and high end designer clothing for teens, there is a chapter that addresses Stretching the Dollar. Kiyosaki does not say be frugal, instead he advices the teen to think of ways to recycle old clothing, how to buy in bulk, etc. I was particularly impressed with a revealing exercise under the heading of The People Whom You Spend Your Time with Are Your Future . Now that can be scary--but what a powerful statement. I had earlier talks with my young friend concerning this very subject. Reading and discussing Rich Dad Poor Dad for Teens together gave us the opportunity to delve into this troubling issue again, this time with very positive results. He walked away feeling good about himself.

I recommend Rich Dad Poor Dad for Teens: The Secrets About Money--That You Don't Learn in School! This book can definitely help teens to accept and understand financial responsibility.


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87 of 94 people found the following review helpful By The Monthly Trader on August 12, 2004
Format: Paperback
I'm fourteen and I've read four of Kiyosaki's books. I liked all of them, except for this one. He doesn't get into the facts about investing. Pretty much, all he says is get a job, control your spending, and invest. Save yourself $15 and buy Rich Dad Poor Dad instead.
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Format: Paperback
Despite the controversy surrounding the author, Robert Kiyosaki, I strongly feel that this particular book is still worth reading by teens, as it offers good teen-friendly advice on achieving financial headstart & freedom.

Overall, his advice is also given in a straight-talk, easy-to-understand manner.

In a nut shell, this particular book covers basic principles of cash flow, assets & liabilities, savings & investments, as well as spotting money-making opportunities. There is even useful information about personal learning style while developing financial intelligence.

Yes, the author's published stuff to some extent may seem hyberbolic on the surface, but deep down, you can always discern some useful learning from some of his teachings. [Personally, I have encountered the author in Hawaii. Frankly, I don't like his arrogant attitude & his seemingly characteristic propensity for running circles around people who ask pertinent questions, but I do respect some of his thoughtware.]

His core financial advice to teens is certainly realistic:

- work to learn, not to earn;
- don't work for money, make money work for you!;
- play games to learn!

Allow me to share this simple reading philosophy of mine: Absorb what is useful; reject what is useless; research your own experience & add what is specifically your own!
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23 of 23 people found the following review helpful By Fritz R. Ward TOP 1000 REVIEWERVINE VOICE on July 15, 2008
Format: Library Binding
The "Rich Dad, Poor Dad" series has been enormously popular on the lecture circuit and in book stores. Authors Robert Kiyosaki and Sharon Lechter have distilled a fair amount of useful financial advice using the medium of Kiyosaki's autobiographical remembrances of the lessons his two 'Dads' taught him. In brief, one father (his biological father) is a teacher who stresses education and finding a 'good' job, while his other father (actually the father of his best friend Michael) taught him how to manage money, seize opportunities, and build financial independence. Like many other self help financial books, this series has a good mix of practical advice and a fair amount of platitudes designed to give readers confidence in themselves so they will take some risks in the pursuit of their dreams.

I was expecting a slightly easier to read version of the same message from this book. My wife asked that I skim it to see if it was appropriate for her grandchild. I was pleasantly surprised, however, to find that this book was not just a easier to read version of the original 'Rich Dad, Poor Dad.' Instead, Kiyosaki and Lechter have moved beyond the usual boundaries of the financial self help guide to discuss multiple intelligences and (surprise) the value of education in all its forms. Of course, the best of the advice found in 'Rich Dad, Poor Dad' is repeated here as well. You should buy assets, not liabilities. Debt is a tool for developing assets, not means to purchase the latest gizmo that you absolutely have to have right now. But the authors also talk extensively about Gardner's theory of Multiple Intelligences. They correctly recognize that kids (indeed, all of us) have certain innate intelligences not all of which are developed in a traditional classroom setting.
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