Rich Dad Poor Dad for Teens: The Secrets About Money--That You Don't Learn in School! (Paperback)

~ (Author), Sharon L. Lechter (Author) "First of all, let's get one thing straight: You are smart!..." (more)
Key Phrases: financial intelligence, cash flow pattern, passive income, Rich Dad, Poor Dad, Rat Race (more...)

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

Product Description

The #1 New York Times bestselling authors of the blockbuster Rich Dad Poor Dad series reveal their groundbreaking financial advice to teens. This special just-for-teens edition based on Rich Dad Poor Dad builds a foundation of self-confidence from which readers can realize their dreams of financial security in an increasingly challenging and unreliable job market. Teen-friendly advice, examples, sidebars, and straight talk will supplement all of Rich Dad's core advice: Work to learn, not to earn. Don't say 'I can't afford it'-instead, say 'How can I afford it?' And, don't work for money-make money work for you! No matter how confident or 'good in school' readers consider themselves to be, RICH DAD POOR DAD FOR TEENS makes financial intelligence available to all young people with its streamlined structure, clean design, and accessible voice. Here's a book that teaches teens what they don't learn in school-and what many of their parents have yet to learn.

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Product Details

• Reading level: Young Adult
  
• Paperback: 160 pages
• Publisher: Little, Brown Books for Young Readers (August 1, 2004)
• Language: English
• ISBN-10: 0446693219
• ISBN-13: 978-0446693219
• Product Dimensions: 8.9 x 5.9 x 0.5 inches
• Shipping Weight: 6.4 ounces (View shipping rates and policies)
• Average Customer Review: 3.5 out of 5 stars  See all reviews (31 customer reviews)
• Amazon.com Sales Rank: #138,290 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

43 of 46 people found the following review helpful:

3.0 out of 5 stars Could Be Better, August 12, 2004

By	The Monthly Trader (Wisconsin) - See all my reviews

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.

28 of 29 people found the following review helpful:

4.0 out of 5 stars An Early Start to Understanding Finance, April 27, 2005

By	Vannie Ryanes "Vannie Ryanes/VSR Book Review" (South Orange, New Jersey United States) - See all my reviews

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

15 of 17 people found the following review helpful:

4.0 out of 5 stars Still worth reading...offers good teen-friendly advice on achieving a financial headstart & freedom!, May 31, 2006

By	Lee Say Keng "KNOWLEDGE ADVENTURER/TECHNOLOGY... (Singapore) - See all my reviews (TOP 500 REVIEWER)    (REAL NAME)

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!