Unfair Advantage: The Power of Financial Education [Paperback]

Robert T. Kiyosaki (Author)

Book Description

Publication Date: April 12, 2011

On the heels of his 2010 New York Times bestseller Conspiracy of the Rich, Robert Kiyosaki takes a new and hard-hitting look at the factors that impact people from all walks of life as they struggle to cope with change and challenges that impact their financial world.

In Unfair Advantage &mdash The Power of Financial Education Robert underscores his messages and challenges readers to change their context and act in a new way. Readers are advised to stop blindly accepting that they are ‘disadvantaged’ people with limited options. They are encouraged to act beyond their concept of limited options and challenge the preconception that they will struggle financially all of their lives.

Robert’s fresh approach to his time-tested messages includes clear, actionable steps that any individual or family can take, starting with education. Education becomes applied knowledge, a powerful tactic with measurable results.

In true Rich Dad style, readers will be challenged to understand two points of view, and experience how financial knowledge is their unfair advantage.

Why do the rich get richer even in a financial crisis? In his new book, An Unfair Advantage, Robert confirms his message and challenges readers to change their context and act in a new way. Readers are advised to stop blindly accepting that they are ‘disadvantaged’ people with limited options and challenge the notion that they will struggle, financially, all their lives.

What does school teach you about money? In most cases, the answer is “Not much.” If there is any financial education, the courses are taught by financial planners and bankers… the agents of Wall Street and the big banks, the very people that caused and profited from the financial crisis.

This book is about real financial education. This book is about how debt and taxes make the rich richer &hellip and why debt and taxes makes the poor and middle class struggle.

This book explains why the rich get richer, paying less in taxes, while the middle class shrinks &mdash with many losing jobs, homes, and retirement &mdash and paying more in taxes. This book is about the five unfair advantages a real financial education offers.
The Unfair Advantage of Knowledge
The Unfair Advantage of Taxes
The Unfair Advantage of Debt
The Unfair Advantage of Risk
The Unfair Advantage of Compensation
These five unfair advantages are the outcomes of real financial education.

Editorial Reviews

About the Author

Best known as the author of Rich Dad, Poor Dad - the bestselling personal finance book of all time - Robert Kiyosaki has challenged and changed the way tens of millions of people around the world think about money.

Product Details

• Paperback: 176 pages
• Publisher: Plata Publishing; 1 edition (April 12, 2011)
• Language: English
• ISBN-10: 1612680100
• ISBN-13: 978-1612680101
• Product Dimensions: 6 x 0.8 x 8.9 inches
• Shipping Weight: 10.4 ounces (View shipping rates and policies)
• Average Customer Review: 4.2 out of 5 stars  See all reviews (86 customer reviews)
• Amazon Best Sellers Rank: #22,882 in Books (See Top 100 in Books)

Most Helpful Customer Reviews

46 of 48 people found the following review helpful

5.0 out of 5 stars The Unfair Advantage of Compensation April 7, 2011

By D.E.M Sidekick

Format:Paperback

I've read most of Robert Kiyosaki's books. One by one, they connect the dots to help me understand what financial literacy really means to me on an individual level. What this book includes that others do not is the Unfair Advantage of Compensation, in particular, leveraging the power of compounding learning. For those of us who beat ourselves up as "late bloomers", this is a revelation!

82 of 91 people found the following review helpful

5.0 out of 5 stars You are either open to it, or you are not. Either way, your choice. April 19, 2011

By Michael D. Bernard

Format:Paperback

One of my most favorite sayings is "you are getting what you are getting, because you are doing what you are doing"

Just a quick thank you to Robert for his latest work. I find it inspiring. Of course, I would, because I have been a student of Roberts since 2008. I have attended 5 or 6 of his workshops in Scottsdale, and read most all of his books, over those years. Today I am a free man(at 57, not a spring chicken), with a free family. When I first became engaged in the Rich Dad philosophy, I was buried in debt, some good, but mostly bad, and had no idea how I would ever be able to retire, but today with Rich Dad and Roberts help, I am happy to report that I now have about 10 times more debt - but it is all good debt. What makes it good debt, is it all pays for itself(cash flow deals and businesses), and it pays me and my family too. 16 projects and counting. Who knows what 2011 will bring, but we have already surpassed what we accomplished in 2010 - and 2010 was a fantastic year, and it is only APRIL! Thanks Robert and the whole Rich Dad company. I can never repay you, but I can pass it on.

To those that cannot bring themselves to accept these teachings, or reject them as "won't work for me", or "B.S." or whatever, I am going to pass on to you the most important thing you will ever hear - and I learned it from a lifetime of learning. It goes something like this: "if you think it won't work for you, or if you think it will, you are right!(author unknown to me - but this theory is proven every day by me, and you, and everyone else)(by the way this also applies to everything in life - another incredibly liberating truth not taught in schools)

Embrace life, and learning, and growth. I encourage you to CHOOSE to BE a learner, to CHOOSE to DO what needs doing in light of your new knowledge, and to CHOOSE to HAVE peace, joy, and love in your life. Robert likes to say that he chooses to be rich, and he makes that choice every day. I say the same thing about happiness. I am happy, and I chose to be happy every day. Neither is a goal, or a destination. Both are choices. Both are a choice of who we are. And we all make those choices every day, one way or another.

Our choices either move us toward what we want, or they move us away. Which way are your choices taking you? Choose wisely!

40 of 44 people found the following review helpful

5.0 out of 5 stars The only rich dad I have! May 1, 2011

By Mickey Knight

Format:Paperback

"The plantation system is alive and well, even in the information age"
Robert T. Kirosaki Unfair Advantage: The Power of Financial Education.

I have been a fan of Robert Kiyosaki since I read his book Rich Dad / Poor Dad in 2008. I was late coming to the party; I'd not known how the monetary system worked until after the crash. I was looking for answers and read over a hundred books from the "Wealth of Nations" by Adam Smith to Jim Cramers "Real Money". A friend told me about Rich Dad and I got a copy. It was different, but like many new treatments you have to expend effort to get the full effect of the "medicine". It changed the way I look a wealth, business and the world. I have read several of his other books to boot.

I was fortunate not to have lost anything in the markets as I had cashed out to speculate in flipping houses. I was also fortunate to have sold my flip house two weeks before the housing market melted down. I saw it coming and didn't try to get what the house appraised, but made a nice profit anyway. I was lucky.

I was lucky because I didn't know what I was doing. I was being tossed on waves of media hype and misinformation, being led down the primrose path to financial Armageddon. Many of the books I had read on real estate and investing were cookie cutter manuals designed to provide training a particular field of investing. Buy duplexes or trailer parks or sell options out of the money, it was useful information, but didn't really have a vision. Most were expressly designed with "safety" in mind or "low risk". Just follow the examples above and all of you dream will come true. I will quote the famous investor Jessie Livermore ... "NOT".

Rich Dad's books do not offer such ideas or advice. They require thought and a good deal of introspection. His programs are not for everyone, obviously, not everyone will get what he is teaching in his books. The ideas they present are pretty radical. Rich Dad is no Kevin Trudeau, however. Mr. Kiyosaki's books are honest, informative and are valuable, but only if you open your mind to the possibilities.

This book pulls no punches as to who caused the financial meltdown. Unfair Advantage doesn't sugar coat the problems we face and it names name as to who is really at fault behind the scenes of sub prime mortgage fiasco. You will be surprised when the truth comes out. Even more, it offers real solutions that real people can use to solve real problems. It is not a "how to get rich quick" guide, although if you do not learn how to increase your earning power with the education this book gives, you aren't paying attention.

I believe this is the best book Robert Kiyosaki has written to date about his philosophy and financial literacy training. If you have never read a book by Richard Kiyosaki, I suggest that you begin with this one. This book is not a rehash of previous books, and while it does touch on a lot of the same material from some of his earlier works
it clearly has added more value to the series. It is not a substitute for the Rich Dad series as there is much useful information that is never mention in this book. It clearly states some of the more arcane subjects from previous books in a way that really opened my eyes. If you are a fan of the Rich Dad series, you will want to get this book. It gives a fresh view on the Rich Dad philosophy.

I was raised by parent that told me to go to school, work hard and get a good job. My parents taught me the best they knew, but unlike Robert I only had on, albeit Poor Dad. Robert Kiyosaki is the only Rich Dad I have and I am grateful.