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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 – 23 Jun. 2011

4.5 4.5 out of 5 stars 5,675 ratings

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Explode the myth that you need to earn a high income to become rich

Challenge the belief that your house is an asset

Show parents why they can't rely on the school system to teach their kids about money

Define once and for all an asset and a liability

Teach you what to teach your kids about money for their future financial success

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Product details

  • ASIN ‏ : ‎ 1612680003
  • Publisher ‏ : ‎ Plata Publishing (23 Jun. 2011)
  • Language ‏ : ‎ English
  • Paperback ‏ : ‎ 178 pages
  • ISBN-10 ‏ : ‎ 9781612680002
  • ISBN-13 ‏ : ‎ 978-1612680002
  • Dimensions ‏ : ‎ 15.24 x 0.06 x 22.86 cm
  • Customer reviews:
    4.5 4.5 out of 5 stars 5,675 ratings

About the author

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Robert T. Kiyosaki
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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.

Customer reviews

4.5 out of 5 stars
4.5 out of 5
5,675 global ratings
Eye opener
5 Stars
Eye opener
It's just an eye opener. This should be the first book that people who wants to start the business should read. Robert shows you not only practical tips that you can start using straight away but also shows you what happens inside your head and the difference in thinking of two different classes of people. I was always looking to quit my job and start my own business but I didn't know how and where and even if I should start it at all. This book shows my the way I should take and I'm very great full for that. Today I'm investing in properties not only in the UK where I live but also in my country where I'm Come from Poland. Thank you Robert and Sharon. Recently I also got an opportunity to meet the co-author of Rich Dad Poor Dad Sharon Lechter, Looking forward to see Robert soon as well.
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Top reviews from United Kingdom

Reviewed in the United Kingdom on 27 January 2013
This book succeeded in its goal I think: to impress on me (ie, the reader in general) the value of being financially literate. And also to impress on the reader the almost universality of financial illiteracy.

The writing is blatant and unapologetic, and all the more illuminating for it. Here’s one fabulous quotation:

When the supermarket has a sale, say on toilet paper, the consumer runs in and stocks up. But when the housing or stock market has a sale, most often called a crash or correction, the same consumer often runs away from it.

Kiyosaki writes excellently, and the book is short, but it would still have been better to be about half the length it is: the first 7 chapters are really good fun, telling the story of how two small boys (one of whom is Kiyosaki) are groomed by Mike’s (the other small boy) dad in the ways of business.The remaining chapters are much drier, formulaic checklists, which look good to dip in and out of as the need/interest arises, but are not particularly fun to read straight through.

Definitely worth the read though. Take home message: you create value in your life. Do you want that value for yourself, your family and those you choose, or do you want to surrender the majority of it to some distant employer or government?

Not covered in Kiyosaki’s book is any mention of ethics. He does not deal at all satisfactorily with the impression that his success (and the success of very many of the rich) is based off the suffering, ignorance and foolishness of others (it seems a large proportion of his wealth is related to foreclosure business, and dodgy training courses for the bright eyed but dim witted).

So although I disagree with his (sadly absent) ethical stance, it seems there is a lot to learn from his ideas (essentially, deprogramming ubiquitous and counterproductive cultural assumptions around surrendering ones value creation to (frankly, undeserving) third parties, be they corporate or governmental), and I think there is almost certainly a very good ethical grounding behind wanting to promote financial literacy in the world at large.

Perhaps he thinks it is okay to benefit from those who are not yet financially literate, by teaching them financial literacy as hard as possible. Sounds reasonable! With caveats and in theory, if perhaps not in practice :)

Very interesting read anyway. Once again, I am reminded of five of Kahlil Gibran’s timeless words:

Work is love made visible.

Kiyosaki definitely provides some practical inspiration for that.

(Also, thank you Guy for telling me about this book! :)

(taken from my blog here: [...]
3 people found this helpful
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Reviewed in the United Kingdom on 5 August 2014
I first read this book 15 years ago when I was a secondary school boy. The lessons this book taught have withstood the test of time well and dare I say it, become even more relevant in the post financial crisis world.

This book offers uncommon common sense for those who are not born into rich families who have mastered the art of growing, accumulating and safe guarding their wealth. More importantly, it teaches us how to take the very first step towards achieving financial freedom, freeing themselves from the tyranny of our bosses and being slaves to our job.

I only wished I had re-read it sooner, but it's never too late to read this best seller.
Reviewed in the United Kingdom on 8 March 2012
This book is a great great book, one of the best in terms of one's personal philosophy on money making. the main ingredient to this book that makes it a bang for me was the whole "cash flow quadrant" thing. as one begins to analyse this you will easily see what side you're on and how you need to go about transitioning to that side of the game. kiyosaki makes this sounds easy, but it isn't as easy as one may think.

There are allot of people out there who are convinced that they can not change their financial situation, that there is no way to make a difference in their lives. the cashflow quadrant will help in making it clear to you in why some people are rich and some are poor. it doesn't do a perfect job in explaining it, but you will begin to see the picture allot more clearer if you ask me.

i won't make this difficult, my verdict on this: this book is great, it would make a excellent gift for someone who aspires to be rich one day, it may turn some off. but you know what they say "every genius has it's critics," there is nothing out there that will please everyone there will always be someone who will call it garbage. i think that if you want to get started in changing your life and acquiring wealth that this is an excellent start. this book alone will not be enough to make you rich, but it will put you on the right path if you apply the principles. so if you're rookie in the business world, do yourself a favor and pick one up

feel free to write me at moneymavericks92@Gmail.com
Reviewed in the United Kingdom on 17 September 2016
Rich Dad Poor Dad was one of the first personal finance books I read. Seeing it advertised in many bookstores and online blogs I thought I'd see what all the hype was about. There's a reason why Rich Dad Poor Dad is the #1 best selling Personal Finance book out there.

The book is extremely easy to follow as Kiyosaki uses simple language and examples, including many diagrams, to explain his concepts. As well as this the book flows extremely well and each chapter builds on the last one with every new chapter driving home the message of the previous chapters.

Overall this book has really been an eye opener for me in terms of personal finance and I have already started using a lot of his methods. I rate this book a must read and 5/5
One person found this helpful
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Reviewed in the United Kingdom on 2 October 2017
The book is straightforward and simple, full of applicable and realistic examples. Additionally and bearing in in mind that English is not my mother tongue, the language of the book is easy and readable by the average reader, even ESL learners. Robert gave a stepwise guidance toward getting your financial freedom, and also clarified a lot of financial concepts and 101 investment basics. In conclusion, I do really recommend this to any one who is relaying on his/her salary as a solo source of income, READ this book in order to start thinking and take action for changing YOUR financial life.

Top reviews from other countries

noah mhlanga
5.0 out of 5 stars Rich dad poor dad
Reviewed in Australia on 26 October 2023
Paradigm shift on money matters
mariluz
5.0 out of 5 stars I think this book is a must read. It is clear, it goes straight to the point and it is easy to understand too.
Reviewed in Spain on 11 June 2017
I would recommend everybody to read this book. It is really inspiring and eye opening. It not only shows how money works but also it teaches you a lot about yourself and why you are stuck in the same situation all the time. Thank you very much Robert T.Kiyosaki for sharing what you know with the world.
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Demaldi Ronny
5.0 out of 5 stars This is a Must Read!
Reviewed in Italy on 22 May 2017
This book will tech you the principles of building wealth, which are also the principles for living a good life. I enjoyed reading it because most of the teachings came in a story form. If you want to live a better life, take action now and start here!
Kevin Desbiens
5.0 out of 5 stars For sure you will learn something.
Reviewed in Canada on 10 January 2017
You notice a pattern once you read books about how to make money. Bottom line is this : Achieve something big enough to establish credibility and write about it then you'll make enough money with the books to augment your credibility and write a sequel of how to get richer.

OR

Write a book about how other people get rich, make money with the books and after you receive money from the books you sale, put your name on the list of rich guys and write other books with different names. Rinse and repeat. Is it beautiful ? It's so simple to be rich when you sale your book for 10$ to 1 million people who want to be rich and don't know how so they buy a book thinking it will help them. It helped me to be a poor cynical.

Of course I could do the same as them but I don't know, It's a little something , what is it called again ? Ah yeah, have a conscience and empathy but hey, I sure know how to make money now.
Thiago
5.0 out of 5 stars Great book! completely changed the way I thought about money.
Reviewed in Brazil on 23 January 2015
Before reading this book, I had zero knowledge about money. The book presents great ideas that anyone can start applying right away.