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Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not! Paperback – April 11, 2017
Robert T. Kiyosaki (Author) Find all the books, read about the author, and more. See search results for this author |
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It has since become the #1 Personal Finance book of all time... translated into dozens of languages and sold around the world.
Rich Dad Poor Dad is Robert's story of growing up with two dads his real father and the father of his best friend, his rich dad and the ways in which both men shaped his thoughts about money and investing. The book explodes the myth that you need to earn a high income to be rich and explains the difference between working for money and having your money work for you.
20 Years... 20/20 Hindsight
In the 20th Anniversary Edition of this classic, Robert offers an update on what we’ve seen over the past 20 years related to money, investing, and the global economy. Sidebars throughout the book will take readers fast forward” from 1997 to today as Robert assesses how the principles taught by his rich dad have stood the test of time.
In many ways, the messages of Rich Dad Poor Dad, messages that were criticized and challenged two decades ago, are more meaningful, relevant and important today than they were 20 years ago.
As always, readers can expect that Robert will be candid, insightful... and continue to rock more than a few boats in his retrospective.
Will there be a few surprises? Count on it.
Rich Dad Poor Dad...
Explodes the myth that you need to earn a high income to become rich
Challenges the belief that your house is an asset
Shows parents why they can't rely on the school system to teach their kids
about money
Defines once and for all an asset and a liability
Teaches you what to teach your kids about money for their future financial
success
- Print length336 pages
- LanguageEnglish
- Dimensions6 x 1 x 8.75 inches
- PublisherPlata Publishing
- Publication dateApril 11, 2017
- ISBN-101612680178
- ISBN-13978-1612680170
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Product details
- Publisher : Plata Publishing; Second edition (April 11, 2017)
- Language : English
- Paperback : 336 pages
- ISBN-10 : 1612680178
- ISBN-13 : 978-1612680170
- Reading age : 13+ years, from customers
- Item Weight : 13.4 ounces
- Dimensions : 6 x 1 x 8.75 inches
- Best Sellers Rank: #1,378 in Books (See Top 100 in Books)
- #74 in Personal Finance (Books)
- Customer Reviews:
About the author

Robert Kiyosaki, author of Rich Dad Poor Dad - the international runaway bestseller that has held a top spot on the New York Times bestsellers list for over six years - is an investor, entrepreneur and educator whose perspectives on money and investing fly in the face of conventional wisdom. He has, virtually single-handedly, challenged and changed the way tens of millions, around the world, think about money.In communicating his point of view on why 'old' advice - get a good job, save money, get out of debt, invest for the long term, and diversify - is 'bad' (both obsolete and flawed) advice, Robert has earned a reputation for straight talk, irreverence and courage.Rich Dad Poor Dad ranks as the longest-running bestseller on all four of the lists that report to Publisher's Weekly - The New York Times, Business Week, The Wall Street Journal and USA Today - and was named "USA Today's #1 Money Book" two years in a row. It is the third longest-running 'how-to' best seller of all time.Translated into 51 languages and available in 109 countries, the Rich Dad series has sold over 27 million copies worldwide and has dominated best sellers lists across Asia, Australia, South America, Mexico and Europe. In 2005, Robert was inducted into Amazon.com Hall of Fame as one of that bookseller's Top 25 Authors. There are currently 26 books in the Rich Dad series.In 2006 Robert teamed up with Donald Trump to co-author Why We Want You To Be Rich - Two Men - One Message. It debuted at #1 on The New York Times bestsellers list.Robert writes a bi-weekly column - 'Why the Rich Are Getting Richer' - for Yahoo! Finance and a monthly column titled 'Rich Returns' for Entrepreneur magazine.Prior to writing Rich Dad Poor Dad, Robert created the educational board game CASHFLOW 101 to teach individuals the financial and investment strategies that his rich dad spent years teaching him. It was those same strategies that allowed Robert to retire at age 47.Today there are more that 2,100 CASHFLOW Clubs - game groups independent of the Rich Dad Company - in cities throughout the world.Born and raised in Hawaii, Robert Kiyosaki is a fourth-generation Japanese-American. After graduating from college in New York, Robert joined the Marine Corps and served in Vietnam as an officer and helicopter gunship pilot. Following the war, Robert went to work in sales for Xerox Corporation and, in 1977, started a company that brought the first nylon and Velcro 'surfer wallets' to market. He founded an international education company in 1985 that taught business and investing to tens of thousands of students throughout the world. In 1994 Robert sold his business and, through his investments, was able to retire at the age of 47. During his short-lived retirement he wrote Rich Dad Poor Dad.
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Reviewed in the United States on May 11, 2019
Top reviews from the United States
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Some people complain that this book does not give a step by step process for change. I would counter that one size shoe does not fit all feet. There are many individual paths to wealth, and Kiyosaki sets the guiding stars to navigate by, but you have to walk your own individual road.
Some key concepts of this book are: 1) Assets put money in your pocket even when you are on vacation. Liabilities take money out of your pocket, therefore your house is a liability [unless you rent out rooms and the garage as one person I know did while rebuilding his asset base].
2) Wealthy people buy assets first, and then let their assets buy their luxuries from the surplus cash flow.
3) Wealthy people continuously increase their assets by reinvesting their surplus cash flow in more assets.
4) There are 3 primary asset classes: Real Estate, Businesses, and Paper assets (stocks bonds notes, etc)
5) Cash Flow is more important than Net Worth. Net Worth is similar to potential energy, to use it you have to spend it, then it is gone. Cash Flow is like power from a hydroelectric dam, constantly replenished.
The rich don't work for money, they work for assets.
The tax laws are fair from the standpoint that the laws that the rich spent billions of dollars to have modified and interpreted apply to everyone who learns how to use them.
A great foundation book for beginning to improve your financial intelligence so that you don't work 4 or more month's of every year for the Tax man, more months for the banks that hold your mortgage and credit cards, and whatever is left making the company you work for wealthy. Good luck on your journey to being Rich, poor, or middle class.
Top reviews from other countries


Pros:
1. This book helps to find out HOW to use your money to make money for you.
Read it again:
HOW to use your MONEY to MAKE MONEY for you.
2. It just changes our financial viewpoint towards money.
3. It explains why the poor people try to save money, whereas the rich INVEST.
4. It teaches you how to grow financial habits of the rich, even when you are not making money.
5. Literally, it gives you freedom from MONEY!
Cons:
1. Some sellers are selling the cheap xerox copies of the book, try to buy only from Amazon Prime Sellers.
So, if you are ready to get ALL your financial practices proved wrong, try out this book! It will at LEAST show you how to live a FINANCIALLY HEALTHY & worry-free lifestyle.
If you liked our review, do give it a Helpful vote...it helps:)


Reviewed in India on August 9, 2018
Pros:
1. This book helps to find out HOW to use your money to make money for you.
Read it again:
HOW to use your MONEY to MAKE MONEY for you.
2. It just changes our financial viewpoint towards money.
3. It explains why the poor people try to save money, whereas the rich INVEST.
4. It teaches you how to grow financial habits of the rich, even when you are not making money.
5. Literally, it gives you freedom from MONEY!
Cons:
1. Some sellers are selling the cheap xerox copies of the book, try to buy only from Amazon Prime Sellers.
So, if you are ready to get ALL your financial practices proved wrong, try out this book! It will at LEAST show you how to live a FINANCIALLY HEALTHY & worry-free lifestyle.
If you liked our review, do give it a Helpful vote...it helps:)




On the positive side, the book does get you thinking about your finances, however it offers you no solutions as to how to actually make money. Like a lot of these types of 'self help' books, Kiyosaki takes one message and recycles it constantly. He is happy to tell you the problem, but not the solution. For this you should subscribe to his website and part with more money. This, undoubtedly, is where the real magic is and where you will learn all the great man's secrets for acquiring wealth. Enter credit card details here.
Colour me sceptical, but I do have to wonder why someone with Kiyosaki's supposed riches needs to sell you these courses. Is it because this is truly where all his wealth comes from?
If you want to make money, then save yourself £9.99, don't buy this book, and you'll be ahead already

