Rich Dad, Poor Dad by Robert T. Kiyosaki
Rating: 5/5, A must read book
Investor, businessman, motivational speaker, and author Robert Kiyosaki wrote an instant classic with his book “Rich Dad, Poor Dad”. In it, Kiyosaki describes the unique difference in perspectives between his poor father and his best friend’s rich father. The book explains why the average middle class person is usually financially troubled even if they are highly educated and work hard, driving home the idea that the poor work for their money, while the rich make their money work for them. Kiyosaki goes on to explain why it is so important to build assets and get rid of your liabilities.
Many people are quick to argue that the book’s failings are in that it doesn’t give specific applications to build your wealth. However, I think the people who argue this missed the entire point of the book. Kiyosaki’s intention for the book wasn’t for it to be a literal guide to building wealth, but rather to inspire you to find your own means of building wealth. Kiyosaki constantly reiterates thoughout his book that you should always attempt to find new ways to accumulate assets that will make you money.
I found the book to be very inspiring and enlightening. The book was slightly repititive, but I believe that was done intentionally so the author’s message would stick with his readers. I highly recommend reading, if not purchasing this book. It also makes a good gift for anyone you think needs financial guidance.
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Without a doubt a MUST HAVE book for anyone looking to step away from a normal day job!
I recommend anyone who reads Kiyosaki’s books to also read this article: http://www.johntreed.com/Kiyosaki.html
I myself have read 4 of Kiyosaki’s books, he’s written 16 of them. I read “Rich Dad Poor Dad” twice. Now i’m not one to condemn anyone, i have never personally met Robert Kiyosaki nor John T. Reed. However Mr. Reed’s article includes inconsistencies that exist in Kiyosaki’s books that anyone can see. The article is incredibly thorough, in fact he’s probably still updating it, he started writing it in 1997. I also recommend reading what John T. Reed says about himself and his one-of-a-kind Guru-rating website. For one thing, what he says he is and does sounds very reasonable and he definitely isn’t trying to glorify himself or gain profit from it. Yes, he does advertise his books in the article, who wouldn’t, for one thing his site doesn’t look like it’s designed to sell you something, unlike richdad.com. He doesn’t even have any ads that are designed to cover hosting costs. And he walks the walk, you get his full contact details in the bottom.