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

~ Robert T. Kiyosaki (Author), Sharon L. Lechter (Author) "I had two fathers, a rich one and a poor one..." (more)
Key Phrases: educated dad, asset column, financial intelligence, Rat Race, Social Security, Chicken Little (more...)

Editorial Reviews

Review

"If you want all insider wisdom on how to personally get and STAY rich, read this book! Bribe your kids (financially, if you have to) to do the same." -- --Mark Victor Hansen, co-author of the #1 Chicken Soup for the Soul series

"To get over the top financially, you must read RICH DAD, POOR DAD. It's common sense and market savvy for your financial future." -- --Zig Ziglar, world-renowned author and lecturer

"If you want all insider wisdom on how to personally get and STAY rich, read this book! Bribe your kids (financially, if you have to) to do the same." -- --Mark Victor Hansen, co-author of the #1 Chicken Soup for the Soul series<br /><br />"To get over the top financially, you must read RICH DAD, POOR DAD. It's common sense and market savvy for your financial future." -- --Zig Ziglar, world-renowned author and lecturer

Product Description

Rich Dad, Poor Dad chronicles the story of the authors two dads, his own father, who wa the superintendent of education in Hawaii and who ended up dying penniless and his best friends father who dropped out of school at age 13 and went on to become one of the wealthiest men in Hawaii. Kiyosaki uses the story of these two men and their varying financial strategies to illustrate the need for a new financial paradigm in order to achieve financial success in the new millennium.

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Product Details

• Paperback: 207 pages
• Publisher: Business Plus; 1 edition (April 1, 2000)
• Language: English
• ISBN-10: 0446677450
• ISBN-13: 978-0446677455
• Product Dimensions: 8.9 x 5.9 x 0.6 inches
• Shipping Weight: 8.8 ounces (View shipping rates and policies)
• Average Customer Review: 3.7 out of 5 stars  See all reviews (2,313 customer reviews)
• Amazon.com Sales Rank: #2,888 in Books (See Bestsellers in Books)

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• This item is part of The Rich Dad Series.

Customer Reviews

Most Helpful Customer Reviews

336 of 351 people found the following review helpful:

5.0 out of 5 stars The most successful financial book of all time!, March 25, 2003

By A Customer

Rich Dad Poor Dad has become the single most successful-best selling financial book ever---and for good reason; the advice works. It tells people not what they want to hear, but they need to hear.I also recommend Rich Dad's Guide to Investing which offers better investing strategies than just blindly buying mutual funds or listening to your broker without rhyme or reason.I wish you continued success!

174 of 179 people found the following review helpful:

5.0 out of 5 stars Most assuredly A MUST READ!, October 31, 2003

By	Doug Davidson (USA) - See all my reviews

Rich Dad Poor Dad is undoubtably the best financial book ever written! I like the fact that Kiyosaki himself started with no money and was able to escalate to super wealth.

I also like the fact that Kiyosaki discourages debt except for investments like real estate and stocks. Too many people charge up their credit cards for dining, clothes and other depreciating items. If you are going into debt, advises Rich Dad, do it with things that go up in value like using leverage in real estate and buying stocks on margin.

Kiyosaki's advice on buying small cap stocks is also good advice. NOTE: He does not advise cheap penny stocks as others have falsely indicated.

This book reminds me a lot of the legendary "Think and Grow Rich" by the late great Naploean Hill and "The Richest Man in Bablyon" by George Clayson. Perhaps that is why average people have so much difficulty with these books and in particular, Kiyosaki because he is the hottest financial author of the last ten years. But you know, I have met hundreds of people who attribute their wealth to "Think and Grow Rich", "Richest Man in Bablyon" and now "Rich Dad Poor Dad." Obviously, these were average people who thought at an above average level and were willing to be corrected.

If you are new to Rich Dad, I recommend you start with this one and "Rich Dad's Success Stories." I also recommend "If you want to be rich and happy then don't go to school." "Cashflow Quadrant", the second in the series is also a must read.

If you have been "guru-ed to death" by so called "financial experts" who advise you to cut your credit cards then I also suggest "Rich Dad's Guide to Becoming Rich ...Without Cutting up your credit cards" currently available as a e-book and another one of my personal favorites.

Rich Dad Poor Dad is an OUTSTANDING book. The fact that certain factions have criticized this fabulous book tells me that Kiyosaki is doing something right and shaking up the right people. The advice works only if you are willing to use it and go to work.

You also have to read the book. I was talking with someone this morning who said he bought this book 2 years ago and never read it! Yeah, you have to read it too (the whole book, not just the free sample pages here on the internet ala the 1 star bashers) and then you make some powerful gains!

Best of luck.

362 of 379 people found the following review helpful:

5.0 out of 5 stars Still a best seller for a reason---it works!, November 4, 2003

By A Customer

I first heard of this book when J.P. Morgan on the cover of the Wall Street Journal referred to Rich Dad Poor Dad as a "must read for millionaires."

Most people know by now that this is the true story of Kiyosaki's two fathers, one, his real dad had a high income but was poor. The other, his friends dad, but Kiyosaki's mentor and Rich Dad.

Kiyosaki learned that income alone does not create wealth as he learned from his "Poor Dad." Seeking financial freedom, Kiyosaki learned from his "Rich Dad" the keys to wealth.

Kiyosaki went on to amass a fortune and lost it. But remembering the lesson taught from his "Rich Dad", started over and amassed yet another fortune and retired at age 47.

The book will tell you some things you don't want to hear like a house is not an asset, 401 (k)s and so called "safe" investments are not quite so safe. That there is no such thing as job security and the world is full of "bullies" who will tell you how much money you can make, when and how many vacations you can take, lunch breaks etc.

Kiyosaki's "Poor Dad" was fired at age 50 and learning from this, Kiyosaki tells us that the only real security and freedom is in being your own boss.

Kiyosaki goes on to say that both of his dads were "honest, good, honorable men" but his poor dad, although a hard worker was weak and consequently ended up broke.

Interesting is that Kiyosaki pledges his first book, "If you want to Be Rich and Happy, Don't Go To School?" to his poor dad.Goes to show that Kiyosaki has class and truely loved his Poor but real dad.

Rich Dad Poor Dad is an excellent book. The main message is to take responsibility for your life. You are either a master of money or a slave to it.

In addition to Rich Dad Poor Dad, I also recommend "Cash Flow Quadrant", "Rich Dad's Success Stories", "The Millionaire Next Door" and "More Wealth Without Risk."