Customer Reviews

Unfair Advantage: The Power of Financial Education

5 star:		(34)
4 star:		(9)
3 star:		(4)
2 star:		(3)
1 star:		(6)

 

 

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!

"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.

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!

I agree with the low star reviewers that say there is not much new here. I am a huge Robert Kiyosaki fan but I can not rate this book above 3 stars.

I have read the entire Rich Dad series and while there is value in repetition some of his books are head and shoulders above the rest while others have a "time for another book" feel to them. This book is in the 2nd category.

Kiyosaki has a way of writing that really does suck you in and makes for an enjoyable read on what could easily be very dry and boring subjects. He opens this book with a metaphor about hunting monkeys who cant let go of fruits and nuts. The comparison is to people (employees) who can not let go of the old world and now out of date ideas that we have all grown up with.

Without a doubt this is important information to read, know, and understand.

My feeling is the value of this book is in the repetition.

If you are a Rich Dad fan and have read Rich Dad Poor Dad, Cashflow Quadrant, and Conspiracy of the Rich, you can safely skip this one.

If you are new to Rich Dad and have not read the earlier works you might get more value.

At the Rich Dad Forum a couple of years ago Kim Kiyosaki revealed that Rich Dad Poor Dad was originally meant to be a pamphlet to promote the Cashflow 101 board games. Many of the earlier books emphasize the importance of getting and playing the Cashflow 101 game.

In this book Robert seems more interested in promoting the Rich Dad Education classes and Coaching programs than in really offering any new information.

On the other hand, for $10 and the couple of hours it takes to read this book you will be reminded of the core Rich Dad philosophy.

So, I give Unfair Advantage a mixed review.

Again, this will have more value to you if you are a Rich Dad newbie. Veterans can safely skip it or borrow a copy.

Best of luck in Escaping the Rat Race!

Rich dad was an awesome book. Great story, good lifelong lessons. This book adds nothing to the mix. Robert, please give us some action items. If I want a motivational talk, I'll read rich dad again. This was not a good investment. I was hoping for something new, but alas, there is nothing new to see here.

I just read Unfair Advantage and must say, this is really good stuff! I have read a couple of books from Robert Kiyosaki and found this one to be his best work. If you're interested in getting an inside look at how to gain wealth in this strange new economy - read this one.

I was expecting a lot more, but Robert Kiyosaki always seems to find a simple way to get his point across. What I love about his books is that you get real world application and in this particular book I had several Ahhh moments where what he said opened my mind up so much that I think my life may or at least many of my habits may change forever. Definately worth the read, but definately not Rich Dad quality.

I am a big fan of the rich dad poor dad series and have found great benefit in many of the books.

This one was a disappointment from beginning to end.

This book is just a rehash of his other books peppered with ads for his other products.

Absolutely no new info and found this book repeats the same basic comments over and over.

The FAQ style in some parts of the book has little value and it would have been great to have some actual ideas and strategies rather than buying cash-flow 202, signing up with his coaching service, or negotiating a $10M mortgage on a 300 unit property in tuscon or Oklahoma.

Generally expect a higher standard from Robert, sorely lacking in content

I read Rich Dad, Poor Dad , nearly 10 years ago right before graduating high school and that book changed my life in instilling my philosophy on making a living. I have had undeniable success from Kiyosaki's concepts, even though none of it is a how to book. This most recent book, will make you reflect on information shared in his previous book, however it also introduces new concepts by bringing up more relevant current events.

I would highly recommend this book if you wish to take your financial education to another level. To me, this book focuses a lot on cash flow when it comes to investing rather than capital gains. That simple statement is world of difference in the psychology of the investor.

Also recommend buying this through amazon as you'll save nearly 50% off the retails price.

Hope this helps.

Buddy

Only good book Kiyosaki made was Rich Dad Poor Dad. Everything else was recycled, especially this book. Kiyosaki continuously preaches "what schools dont teach you," whats exclusive to the "rich," etc. How many times are you going to repeat that? We get it. And what's up with the tight jeans and highschool pose? You are not 20 years old anymore. Please make books that add value and that is sincere. This book does neither. If you havent' read any of his other books than maybe buy it. But, if you read rich dad poor dad or his first books then dont buy this---you will be disapointed.