Rich Dad, Poor Dad (Rich Dad) | Robert T. Kiyosaki | Rich Dad Poor Dad-a great read
books:
Rich Dad, Poor Dad...
Rich Dad, Poor Dad (Rich Dad)
Robert T. Kiyosaki
Time Warner Paperbacks
, 2002 - 224 pages
average customer review:
based on 2200 reviews
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highly recommended
Personal finance author and lecturer Robert T. Kiyosaki developed his unique economic perspective from two very different influences - his two fathers. One father (Robert's real father) was a highly educated man but fiscally
poor
. The other father was the father of Robert's best friend - that
Dad
was an eighth-grade drop-out who became a self-made multi-millionaire. The lifelong monetary problems experienced by his 'poor dad' pounded home the counterpoint communicated by his '
rich
dad'. Taking that message to heart, Kiyosaki was able to retire at 47. RICH DAD, POOR DAD, written with consultant and CPA Sharon L. Lechter, lays out his philosophy behind Kiyosaki's relationship with money and opens readers eyes by: * Exploding the myth that you need to earn a high income to be rich * Challenging the belief that your house is an asset * Showing parents why they can't rely on schools to teach their children about money * Defining once and for all an asset versus a liability ...* Explaining what to teach your children about money for their future financial success
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Greatest Personal Finance book!
This is far by the greatest personal financial book! It sets the bar for all other books. It will change your life...highly recommend it for everyone.
Rich Dad Poor Dad-a great read
I would like to say that
Rich
Dad
Poor
Dad was a terrific book. I dealt with the aspects of financial businesses and how they are set out in society. It shows that with great use of the mind, one can accomplish much that he or she did not know could be capable. This book demonstrates that through hard work in life, success comes in hand. Overall, Kiyosaki's book in well-written and should be read by more individuals.
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This Book Changed My Life!
This is a MUST read book if you want to obtain financial freedom. Personally, this book totally changed my life!!
Good but not a instruction book
This book is pretty good because the basics it mentions are fairly good.
Its true that 90% of America does not know the different between a true asset and a liability. Financial money management is missing from most of education. If you listen to Dave Ramsey, he says many of the same things.
As for the tax advice and deferrments in this book, I wouldn't bet the farm on it. Yes, things like 1031 do exist but some of the advice like buying a corporate car with a personal corporation is illegal(although the accounting advisor at H&R block did inform me last year before I read the book that deducting mileage and gas on my car was a legal option). You can defer taxes forever on a few things, but not many of them and overall, taxes in America are progressive, not regressive as the author claims.
I did learn and was reminded of many important principles by this book and book series, but I'd take a much closer look at tax law before deducting anything.
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Fun reading
Easy fun reading -Interesting learning tool-Plan on finding the Cash flow game under the Christmas tree this year for some fun family time with an educational twist.
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