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4.7 out of 5 stars
4.7 out of 5
87,866 global ratings
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Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not!

Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not!

byRobert T. Kiyosaki
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Top positive review

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Flagrant Badger
5.0 out of 5 starsLife-Changing Book! A Must-Read for Anyone Seeking Financial Freedom, Wealth, and Prosperity!
Reviewed in the United States on April 28, 2023
Rich Dad Poor Dad is an outstanding book that completely changed my perspective on money, wealth, and investing. The author, Robert Kiyosaki, brilliantly compares the financial mindset of his two dads, his biological father who was highly educated but struggled financially, and his best friend's father who was a self-made millionaire.

One of the most powerful takeaways from this book is the concept of "financial education." Kiyosaki emphasizes the importance of learning about money and investing in order to achieve financial freedom. He writes, "The single most powerful asset we all have is our mind. If it is trained well, it can create enormous wealth in what seems to be an instant."

Another key lesson from Rich Dad Poor Dad is the idea of "paying yourself first." Kiyosaki encourages readers to prioritize saving and investing, even if it means sacrificing some luxuries in the short term. He writes, "The poor and the middle class work for money. The rich have money work for them."

Kiyosaki's writing style is engaging, straightforward, and easy to understand, making this book accessible to readers of all backgrounds and financial knowledge levels. I found myself highlighting and taking notes on nearly every page, as there is so much valuable information packed into this book.

In short, Rich Dad Poor Dad is a life-changing book that I highly recommend to anyone seeking financial freedom and a better understanding of money and investing. If you're looking to transform your financial future and build lasting wealth, this book is a must-read!
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6 people found this helpful

Top critical review

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Eme M.
3.0 out of 5 starsInsightful for Beginners, Less So for the Business-Savvy
Reviewed in the United States on May 18, 2023
Rich Dad Poor Dad presents some insightful ideas, but as someone who grew up in a business-centric family, I found most of the concepts to be intuitive and already familiar. If you have absolutely no background in business or finance, this book might be worthwhile for gaining some foundational knowledge.

However, for individuals with prior exposure to business and financial concepts, I believe the book may not offer much value. The author's storytelling approach and emphasis on mindset are engaging, but the practical advice and actionable steps can be lacking for those seeking more in-depth strategies.

In summary, while Rich Dad Poor Dad can be beneficial for those without any prior business background, I would caution readers who are already well-versed in financial literacy to manage their expectations. The book's core ideas may feel repetitive or too basic for individuals who are already familiar with the subject matter.
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4 people found this helpful

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From the United States

Flagrant Badger
5.0 out of 5 stars Life-Changing Book! A Must-Read for Anyone Seeking Financial Freedom, Wealth, and Prosperity!
Reviewed in the United States on April 28, 2023
Verified Purchase
Rich Dad Poor Dad is an outstanding book that completely changed my perspective on money, wealth, and investing. The author, Robert Kiyosaki, brilliantly compares the financial mindset of his two dads, his biological father who was highly educated but struggled financially, and his best friend's father who was a self-made millionaire.

One of the most powerful takeaways from this book is the concept of "financial education." Kiyosaki emphasizes the importance of learning about money and investing in order to achieve financial freedom. He writes, "The single most powerful asset we all have is our mind. If it is trained well, it can create enormous wealth in what seems to be an instant."

Another key lesson from Rich Dad Poor Dad is the idea of "paying yourself first." Kiyosaki encourages readers to prioritize saving and investing, even if it means sacrificing some luxuries in the short term. He writes, "The poor and the middle class work for money. The rich have money work for them."

Kiyosaki's writing style is engaging, straightforward, and easy to understand, making this book accessible to readers of all backgrounds and financial knowledge levels. I found myself highlighting and taking notes on nearly every page, as there is so much valuable information packed into this book.

In short, Rich Dad Poor Dad is a life-changing book that I highly recommend to anyone seeking financial freedom and a better understanding of money and investing. If you're looking to transform your financial future and build lasting wealth, this book is a must-read!
6 people found this helpful
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Jose
5.0 out of 5 stars Motivational
Reviewed in the United States on May 5, 2023
Verified Purchase
"Rich Dad Poor Dad" is a book that has motivated many people to take control of their financial lives and achieve financial independence. The book is written by Robert Kiyosaki and was first published in 1997. The book tells the story of the author's two fathers – his biological father who was highly educated but struggled with money, and his friend's father who had less formal education but was very wealthy. Through their differing perspectives on money and investing, Kiyosaki learned valuable lessons that he shares with readers throughout the book. One of the most motivational aspects of the book is Kiyosaki's emphasis on financial education. He argues that traditional schooling does not teach people how to manage money effectively and that it is essential to seek out financial education on your own. Overall, "Rich Dad Poor Dad" is a highly motivational book that has inspired many readers to take action towards financial freedom. Kiyosaki's lessons and insights can be a powerful catalyst for change, encouraging readers to think differently about money and pursue their financial goals with passion and purpose.
2 people found this helpful
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Jacob H
4.0 out of 5 stars Good book to get you inspired but could lead you to make some risky financial decisions
Reviewed in the United States on April 25, 2023
Verified Purchase
Are you tired of living paycheck to paycheck, struggling to make ends meet? "Rich Dad Poor Dad" by Robert Kiyosaki is the personal finance book you need to read. This book challenges traditional ideas about wealth and financial success, telling the story of Kiyosaki's two fathers - one who was financially struggling, and one who was a wealthy entrepreneur.

With ten chapters filled with practical advice and lessons, "Rich Dad Poor Dad" covers everything from understanding assets and liabilities to the importance of financial education and taking calculated risks. But what sets this book apart is its focus on mindset and attitude towards money. Kiyosaki encourages readers to challenge their preconceived notions about wealth and to adopt a more entrepreneurial approach to finances.

But don't let the financial jargon intimidate you - this book is engaging and easy to read. Kiyosaki weaves personal anecdotes throughout the narrative, making the book relatable to readers of all ages and backgrounds. And with his passion for financial education shining through every page, you can't help but feel inspired to take control of your financial future.

Of course, no book is perfect. Some readers may find that the advice is oversimplified or overly optimistic. But the book's overall message of empowerment and financial education is one that every reader can take to heart.

In short, "Rich Dad Poor Dad" is an insightful and inspiring book that challenges readers to rethink their attitudes towards money and wealth. With its practical advice and emphasis on mindset, this book is a must-read for anyone looking to take control of their financial future.
6 people found this helpful
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Torresj5177
5.0 out of 5 stars Great starter book to reach your financial goals
Reviewed in the United States on April 21, 2023
Verified Purchase
"Rich Dad Poor Dad" is an incredibly insightful and motivating book that can change the way you think about money and wealth building. Kiyosaki's personal story of growing up with two dads, one who was financially poor and the other who was financially rich, provides a unique perspective on the importance of financial education and smart investing.

Throughout the book, Kiyosaki emphasizes the need for individuals to take control of their finances and to think like investors rather than consumers. He stresses the importance of building assets and generating passive income, rather than relying solely on earned income from a job.

One of the most valuable aspects of the book is the practical advice that Kiyosaki provides on how to start investing and building wealth, even with limited resources. He breaks down complex financial concepts into simple, easy-to-understand language, making it accessible to anyone, regardless of their level of financial expertise.

Overall, "Rich Dad Poor Dad" is a must-read for anyone who wants to gain a better understanding of personal finance and wealth building. It is an empowering and inspiring book that can help you take control of your financial future and achieve your goals.
6 people found this helpful
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Kate | More Sunsets Please
5.0 out of 5 stars Great Stories, Great Advice
Reviewed in the United States on May 31, 2023
Verified Purchase
If you’re looking for creative inspiration to get your money working for you, this is it. While this isn’t a step by step guide of how to get rich, more lessons and guidance, it’s still a great read to get your wheels turning a different way than they were before - the way most people think. Now it’s time to think like Rich Dad.
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Durgesh_007
5.0 out of 5 stars Eye opener! Must read book!!
Reviewed in the United States on May 25, 2023
Verified Purchase
I was so amazed after reading this book. It is truly an eye opener with respect to financial education and the way we look at things. Now, whenever I think of buying something immediately I try to categorize as "asset" or "liability". This shift in mindset is one of the most fundamental aspect of anyone's life. I think this book should be made mandatory before starting the bachelors degree. Everyone should read this book. Highly recommended.
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Josh A
5.0 out of 5 stars Life Improving Book
Reviewed in the United States on March 20, 2023
Verified Purchase
Rich Dad Poor Dad" by Robert Kiyosaki is a groundbreaking book that challenges traditional thinking about wealth and financial education. The book is based on Kiyosaki's personal experience growing up with two dads - his biological father, who was highly educated but struggled financially, and his best friend's father, who had no formal education but was incredibly wealthy.

Throughout the book, Kiyosaki compares and contrasts the financial habits and philosophies of these two men, highlighting the differences between their mindsets and the impact that those mindsets had on their financial success.

One of the most powerful ideas presented in "Rich Dad Poor Dad" is the importance of financial education. Kiyosaki argues that the traditional education system does not provide adequate training in financial literacy and that many people are held back by their lack of understanding of basic financial concepts.

The book also emphasizes the importance of taking control of your finances and investing in assets that generate passive income. Kiyosaki encourages readers to think outside the box and consider alternative forms of income, such as rental properties or small businesses.

Overall, "Rich Dad Poor Dad" is a highly insightful and thought-provoking book that challenges readers to think differently about wealth and financial success. While some of Kiyosaki's ideas may be controversial or difficult to implement, the book provides a valuable starting point for anyone looking to take control of their finances and build a more secure financial future.
6 people found this helpful
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HiLife
5.0 out of 5 stars Great book
Reviewed in the United States on May 21, 2023
Verified Purchase
Great book, enjoyed the points that it made. While financial books are always different this one offered some great insight in self control, understanding assets and liabilities and how make your money work for you. If your not sure where to start, this is a great resource.
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Divyang Vaidya
4.0 out of 5 stars Good Book...well some of it anyway.
Reviewed in the United States on January 21, 2023
Verified Purchase
The book arrived in good shape and was new as ordered so this review will be solely for the content of the book. The book has some useful information on how to build wealth and sustain it. The pages where financial education and the cashflow quadrant are important in order to be wealthy and understand money. Additionally, Kiyosaki stresses the importance of obtaining assets that build wealth and bring in income which is good advice as well. These tips make the book worth reading over at least once if not more. However, Kiyosaki also stresses that the K-12 education system, as well as college, keeps people "poor", while it is true that school does not teach you about money, it doesn't necessarily keep people poor. As for learning money in college, the "finance" majors would disagree in saying that school does not teach you about money. Furthermore, individuals that study medicine and become surgeons or other professionals in their field are not necessarily poor as well. Additionally, Kiyosaki claims that his doctorate father in Physics was "poor". This is a big generalization because the chosen field of the doctorate degree also makes an impact on earnings as well as which field you go into after obtaining the docotrate. All being said, this book is definitely worth a decent read and I might also add that rule #1: "Rich don't work for money" is true as employees can do the work for you and you pay them but when starting a business from the ground up, the initial 5-10 years give or take (based on the business type) is when you really have to work extremely hard to be able to make a profit to afford employees. This is true today as Apple, Amazon, and Microsoft all started from basically nothing to being the corporations they are now where they have thousands of employees. Additionally, having "money work for you" makes you dependent on your employees (corporations exempt of course) and you do have to treat them correctly, or else your money won't work for you. So there are these nuances throughout the book with generalizations but it is still worth a good read.

P.S. Kiyosaki's own company went to bankruptcy and there is no documented reserve of wealth prior to his publication of this book in 1997.
57 people found this helpful
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Dynasty
5.0 out of 5 stars Must read.
Reviewed in the United States on May 27, 2023
Verified Purchase
GET THE BOOK. GET THE BOOK. GET THE BOOK. It’s a must read especially if you weren’t taught money management growing up. It’s never too late to make it right!
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