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Rich Dad's Rich Kid, Smart Kid: Giving Your Child a Financial Head Start Paperback – January 1, 2001
Best Books of the Year So Far in fiction, nonfiction, mysteries, children's books, and much more.
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Top Customer Reviews
I think this is the best of the Rich Dad, Poor Dad series, and clearly deserves more than five stars.
Think of this book as the instructor's guide to teaching Rich Dad, Poor Dad combined with a basic guide to helping young people identify their strengths and learning styles. The book also provides a sound foundation for helping young people build their self-confidence in a healthy way.
Unlike the other books in the series, this one draws on the positive lessons of both Mr. Kiyosaki's Rich Dad and his Poor Dad rather than just the Rich Dad. To overcome Mr. Kiyosaki's lack of experience as a parent (he has no children), the book relies on important academic and professional research to add context for Mr. Kiyosaki's observations about his own childhood.
The book begins by citing a recent HEW study that showed that 56 out of 100 people who are 65 need either government or family financial assistance to make ends meet. The book is aimed at providing children with the learning experiences to allow them to avoid that dismal financial result.
Then the perspective shifts to pointing out that the change from an industrial to an information economy has shifted the rules of success in our society. The old rules were to get a good education, get a good job, and have financial security from one employer.Read more ›
"Rich Dad" made such an impact with me that I have shared it with many others over the past two years. That said, my wife and I have struggled with how to take what we've learned and pass it on to our children.
This book is it! As we all struggle to ensure our children get the best education possible, we're facing an ironic trend in the school systems where teachers are teaching our children how to pass standardized tests instead of focusing on what children need to thrive in this new century (this is not a knock on that practice - if that's what it takes today, that's what it takes, but our children need more and it's our responsiblity as parents to provide the rest - we cannot rely on our school systems to be the sole educators of our children (sorry for the sermon)). This book was designed to fill in the gaps, to give your kids what they're missing from school - inspiring and practical financial knowledge.
It's not about turning little Johnny into a power stock-broker, but rather awakening his love of learning so that doors will open for him - it's a way of empowering our children by giving them the skills they'll need to succeed in every aspect of their lives.
I can't recommend a book more than I do this one!
The best to you and yours!
Overall I like Kiyosaki's style of writing and he makes a boring subject come alive with his storytelling style, but sometimes he just overdoes it.
Finally, I recently purchased his CashFlow 101 game and my two teenagers (son 16, daughter 14) love the game and beg us to play it all the time. They caught on fast to the score card which includes a balance sheet & income statement. I'm learning a lot just teaching and guiding them. It's worth the investment just to hear your 14 year old say "I don't want any more doodads, I'm trying to build my passive income here!".
The root of the current problem lies in America's transitioning from an Industrial society into an Information society. Kiyosaki explains the need for transitioning our thought, "In the Information Age, what you know becomes obsolete very quickly. What you learned is important, but not as important as how fast you can learn, change, and adapt to new information" (xi). These structural changes tangibly affect us regardless of whether or not we acknowledge them. Some of the problems facing tomorrow's youth include social security, healthcare, increased risk of obsolesce through increased specialization, and the need for lifelong education. Education must adjust with the times.
Currently, our education system teaches scholastic and professional skills. Scholastic education focuses on the ability to read, write, and do arithmetic. Professional education trains students for high-level careers later on in life. However, this Western brand of education fails our children in some crucial ways. Rich Dad said, "The child learns by doing, making mistakes, and then learning" (238).Read more ›
Most Recent Customer Reviews
I could never retrieve it from the download.The file would never open!!! I am pretty upset. I wanted to read it on my computer and it offered a lower price. Read morePublished 7 months ago by Amazon Customer
As a parent and teacher, I find the information in the book apropos to both the state of education and the need for parents to see schools as augmenting what their kids learn... Read morePublished 9 months ago by Amazon Customer
Rich Kid Smart Kid is a great intro to how money works for young kids. 6Published 11 months ago by Amazon Customer
Really great book from a great author, Wanted to teach my sons about money and this book was perfect. They totally enjoyed. It has also helped to change my like as well.Published 11 months ago by TFP
Love this book it is a eye opener, this is a book great for children and adults.Published 12 months ago by Carlos Taylor
Every parent should find the knowledge to show their child the bigger picture. I love this book and I'm already teaching my children the principles. Read morePublished 12 months ago by Chez