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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

by Robert T. Kiyosaki (Author)

4,561 ratings

in Parenting

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April 2017 marks 20 years since Robert Kiyosaki’s Rich Dad Poor Dad first made waves in the Personal Finance arena.
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

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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
Item Weight : 12 ounces
Dimensions : 6 x 1 x 8.75 inches

Best Sellers Rank: #60 in Books (See Top 100 in Books)
- #1 in Parenting (Books)
- #6 in Personal Finance (Books)

Customer Reviews:
4,561 ratings

Customer reviews

5 star		86%
4 star		9%
3 star		3%
2 star		1%
1 star		2%

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TETF

Good Content but terrible human being

Reviewed in the United States on June 20, 2020

Verified Purchase

Read for the information to better yourself financially but do not support this author.
The author has made some distasteful and disgusting comments publicly. I wish I never purchased the book after his racial comments he released on the Internet. Please do research on this man before you support his book. The things he states in the book can be found elsewhere.

57 people found this helpful

Helpful

Adam H.

Excellent book, Must read!

Reviewed in the United States on July 31, 2018

Verified Purchase

One of the best financial advice books I have ever read. I highly recommend anyone who is looking to work towards financial freedom to read this book. I enjoyed the story line and am taking several principles of the book seriously as I re-evaluate my finances. I'll list several of my key takeaways from the book below:
- Money is one form of power, but what is more powerful is financial education
- The poor and the middle class work for money. The rich have money work for them.
- Learn to use your emotions to think, not think by your emotions.
- Assets put money in your pocket. Liabilities take money out of your pocket.
- Don't bury your failures. Recognize them and learn from them.
- Be charitable and give. You can give of your time, knowledge, and money. Give and you shall receive.

Overall, I would definitely recommend this book and know I will be referring many people in my life to read it.

40 people found this helpful

Helpful

Mikee

Good start but outdated in 2020

Reviewed in the United States on May 22, 2020

Verified Purchase

I recently startee reading financial books and Rich dad poor dad was definitely on my radar.

To be totally frank the book has a lot of core values for someone to start and I highly recommend it. However what I disliked is the fact the book was written back in 1997 and honestly alot has changed since then.

Also, I really dislike how the book never really mentions how to get into stocks or how to obtain the first real estate property. He stresses a lot on growing your asset column but fails to go in details on how he built his pprtfolio

19 people found this helpful

Helpful

Ashley

A must - I would read this over and over again

Reviewed in the United States on November 15, 2019

Verified Purchase

Throwing in the fact that I am a millenial, my parents haven't shared any financial tips when I was growing up. I didn't understand the importance of being financially secure nor did I understand the importance of credit scores. I grew up knowing that working a 9 to 5 job and getting 401K was the "safe" thing to do. Fast forward - I am now 34 years old with three kids and still working pay check to pay check, trying to figure out how to make it big in the world and make my money work for me (as Robert Kiyosaki says). After reading this book, I've learned a lot. It's possible to push aside fear and hesitation and do things that not only takes me out of my comfort zone but also takes me out of my financial slump.

I actually borrowed a copy from my local library and couldn't put this book down. It's from a personal perspective and I admire that. It's not fake and he basically lays out in the book how he accomplished it. It inspires me to learn more about growing financially and becoming more financially educated. After reading the book, I had to purchase it to add to my collection.

21 people found this helpful

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James

Boring and Super repetitive

Reviewed in the United States on February 28, 2020

Verified Purchase

I don't normally buy books in general. I bought this book due to the hype that I see on a lot peoples YouTube channels. Well I bought the book not really knowing what to expect and the only thing I can say is that the book is extremely boring and repetitive. The author keeps re-framing the same points and saying them over and over again. I made it to page 90 before I thought this guy isn't telling me anything I don't already know and I had to put the book down. The book was written in the 90's and it shows. Anywho maybe it will help someone that just getting started with life, but for someone that has a pretty good grip on his finances it really didn't help me much.

12 people found this helpful

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VIP Customer

THE first book you should ever read.

Reviewed in the United States on February 23, 2020

Verified Purchase

Favorite book of all time. This is actually my second copy. It’s a must read for anyone who wants to recalibrate their mind about money, life, and success. Actually this copy is for my wife who recently got into the mindset of financial success. I told her I have a must read book for her, this was it! I wish this book was a high school requirement, I truly feel that strongly about it’s message, learnings the importance of proper spending, debt, savings, and wealth. And it’s written in a very entertaining and easy to read story telling style, not dry financial talk that turns many people away from these type of books.

11 people found this helpful

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Hunter Dishner

Very Basic

Reviewed in the United States on February 1, 2020

Verified Purchase

The book honestly helps you get in the mindset of what you SHOULD be spending your money on. However, the book seems repetitive. By the third chapter I found myself pretty frustrated cause I felt like I'd read the same 5 lines at least 50 times by that point. I ended up just skipping to the "summary" of that chapter in the end. Honestly, if they made this book with just the summaries of each chapter instead of the long winded way real chapters it would be MUCH better. The entire gist is just that you should learn the true difference between an asset and a liability and that you should be spending time buying assets and then taking advantage of every tax loophole you can. I can't say I regret buying it, but I can't say I'll recommend it to anyone but the truly CLUELESS about money and making more of it without working.

8 people found this helpful

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Hoobear15

Great message and construct, not many tangible examples

Reviewed in the United States on January 4, 2020

Verified Purchase

I appreciated how Robert wrote this book - He uses a number of different ways to explain *almost* the same thing (buy assets), which was quite effective for me...Hearing a slightly different message through a new story or construct throughout the course of the book helped my retention and understanding of the topic.

Holistically, this book is much more theoretical than 'how to'. I still took a lot away from it, as it gave me a new construct (or formula, as Robert would call it) to think about money that I hope to use going into the new decade!

Would definitely recommend if you are curious about a new way to think about money, or even for older children as a good foundation in finance. I would not recommend if you are looking at a book that would provide a list of tactics on how to make passive income (that type of book would need to be read next, after this book)

7 people found this helpful

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Top reviews from other countries

SY Kim

Must read book if you are poor or in middle class and want to become financially free.

Reviewed in Canada on June 15, 2018

Verified Purchase

Rich Dad Poor Dad certainly opened up my eyes and taught me how to stay poor/middle-class or become financially free (rich). I learned the better way to look at assets, liabilities, and money. As someone who is in middle class but wasn't sure of the way to become truly financially free, this book has helped me tremendously in forming the better perspective and examining myself. What Robert Kiyosaki teaches in this book are also very practical which I can apply to my life right now.

18 people found this helpful

Amazon Customer

Amazing

Reviewed in the United Kingdom on April 14, 2020

Verified Purchase

Amazing book: changed my perspective on money and life in general, most importantly, gives you the tools and answers on how the rich become rich in simplified examples

Amazon Customer

Five Stars

Reviewed in the United Kingdom on January 29, 2018

Verified Purchase

Fantastic read, and a great insight on how to manage money. Thanks

adam elkins

Really good book

Reviewed in the United Kingdom on July 11, 2017

Verified Purchase

Great book, really motivating and would definitely recommend.

Kasia

Great book

Reviewed in the United Kingdom on March 14, 2018

Verified Purchase

Thank you

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