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Rich Dad Poor Dad for Teens: The Secrets About Money--That You Don't Learn in School! Paperback – August 1, 2004
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Top Customer Reviews
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.
Work & Family @ BellaOnline.com
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!
I was expecting a slightly easier to read version of the same message from this book. My wife asked that I skim it to see if it was appropriate for her grandchild. I was pleasantly surprised, however, to find that this book was not just a easier to read version of the original 'Rich Dad, Poor Dad.' Instead, Kiyosaki and Lechter have moved beyond the usual boundaries of the financial self help guide to discuss multiple intelligences and (surprise) the value of education in all its forms. Of course, the best of the advice found in 'Rich Dad, Poor Dad' is repeated here as well. You should buy assets, not liabilities. Debt is a tool for developing assets, not means to purchase the latest gizmo that you absolutely have to have right now. But the authors also talk extensively about Gardner's theory of Multiple Intelligences. They correctly recognize that kids (indeed, all of us) have certain innate intelligences not all of which are developed in a traditional classroom setting.Read more ›
Most Recent Customer Reviews
This is what we should be teaching our kids in school. My daughter loves it and now wants to invest in real estate.
My son, who is 10, read this book for a young entrepreneurs club he is part of. He gave the book 5 stars. He seemed to glean a lot of good insight from this book. Read morePublished 3 months ago by homeschoolmom
Simple language. Great for kids and teens to understand how to make their money work for them.Published 3 months ago by Ghia
Did not expect this book to be so tiny. Not worth the money.Published 5 months ago by Amazon Customer