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Rich Dad, Poor Dad for Teens: The Secrets About Money--that You Don't Learn in School! (Miniature Edition)
 
 
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Rich Dad, Poor Dad for Teens: The Secrets About Money--that You Don't Learn in School! (Miniature Edition) [Abridged] [Hardcover]

Robert T. Kiyosaki (Author)
3.2 out of 5 stars  See all reviews (52 customer reviews)

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Book Description

April 7, 2009
Following the highly successful Rich Dad Poor Dad, this edition is just for teens! Many teens are not taught good financial habits by their parents, and certainly don’t encounter them in school! It’s never too early to learn the secrets of managing money wisely, and even young people can learn how to make their money work for them. Thinking rich pays big, as rich dad will prove to this much younger audience, preparing them for a life better and richer than the one their parents had.

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Rich Dad, Poor Dad for Teens: The Secrets About Money--that You Don't Learn in School! (Miniature Edition) + Rich Dad Poor Dad: What The Rich Teach Their Kids About Money That the Poor and Middle Class Do Not! + Rich Dad's CASHFLOW Quadrant: Rich Dad's Guide to Financial Freedom
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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 --This text refers to an out of print or unavailable edition of this title.

About the Author

Robert T. Kiyosaki is an investor, teacher, entrepreneur, and bestselling author. His books include Cashflow Quadrant, Rich Dad's Guide to Investing, Rich Dad Poor Dad for Teens, Rich Dad's Retire Young Retire Rich, and Increase Your Financial IQ. Robert lives in Phoenix, Arizona.

Product Details

  • Hardcover: 128 pages
  • Publisher: Running Press Miniature Editions; Min edition (April 7, 2009)
  • Language: English
  • ISBN-10: 0762436549
  • ISBN-13: 978-0762436545
  • Product Dimensions: 3.1 x 2.8 x 0.7 inches
  • Shipping Weight: 0.8 ounces (View shipping rates and policies)
  • Average Customer Review: 3.2 out of 5 stars  See all reviews (52 customer reviews)
  • Amazon Best Sellers Rank: #56,414 in Books (See Top 100 in Books)

More About the Author

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

Customer Reviews

Most Helpful Customer Reviews
64 of 69 people found the following review helpful
Could Be Better 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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36 of 37 people found the following review helpful
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.

Vannie(~.~)

Work & Family @ BellaOnline.com

http://www.bellaonline.com/Site/workandfamily
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30 of 33 people found the following review helpful
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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Most Recent Customer Reviews
Not worth it
I bought this book for my Positive Peer Group for teens, but I was sadly disappointed in how little information is in this little book. Read more
Published 28 days ago by Heather Martinson
Too small for the price and eyes
It is too tiny, it is hard to read and it does not say much. I will return this book.
Published 3 months ago by Yumi
Brief and to the point.
This miniature edition is very brief and to the point. But the complete edition is much better. You do not have to wait for somebody to help you financially. Read more
Published 4 months ago by Federico A. Alarcon
Rich Dad Poor Dad for Teens
I did think there would be more to this book. It's not apparent that it's the size of a postage stamp!
Published 5 months ago by Judy Rekola
A Toy Book, Not a Real Book
Although in the illustration it looks like a full-sized Rich Dad advice book, it is actually a miniature. Read more
Published 6 months ago by NotAPartyGirl
Great book
I read this book when i was around 15 years old & it really got me thinking about finance & business at a young age. It got me thinking about going into business. Read more
Published 7 months ago by Tanner Goetz
encouraging
This book is encouraging yet it does little to advice people on what to actually do. Most people do not have the advantage the writer had of havin good contacts. Read more
Published 11 months ago by Fish fingers
This book is ABRIDGED!
With all of the 1 star reviews saying this book is a tiny piece of fluff, I thought I would point out a couple facts. There are two versions of this book. Read more
Published 14 months ago by Ben
Rich dad poor dad for teens
I read the original book and was excellent but this was not so good. Too small and difficult to keep track, is too basic.
Published 16 months ago by Gilberto Montero
Inspire for the Future
This is a book that would greatly appeal to teenagers I believe. It's concise and to the point. My only reservation is that I've never been a fan of mini-books and how challenging... Read more
Published 16 months ago by Bernard Chapin
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First Sentence:
First of all, let's get one thing straight: You are smart! Read the first page
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
financial intelligence, cash flow pattern, passive income, portfolio income
Key Phrases - Capitalized Phrases (CAPs): (learn more)
Rich Dad, Poor Dad, Rat Race, Play Games, Create Money, Fast Track
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