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Rich Dad Poor Dad Paperback – 23 Jun 2011


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Product details

  • Paperback: 178 pages
  • Publisher: Plata Publishing; 2nd edition (23 Jun 2011)
  • Language: English
  • ISBN-10: 1612680003
  • ISBN-13: 978-1612680002
  • Product Dimensions: 15.2 x 1.4 x 22.9 cm
  • Average Customer Review: 4.3 out of 5 stars  See all reviews (565 customer reviews)
  • Amazon Bestsellers Rank: 612 in Books (See Top 100 in Books)

More About the Author

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.

Product Description

Amazon Review

Personal finance author and lecturer Robert Kiyosaki developed his unique economic perspective through exposure to a pair of disparate influences: his own highly educated, but fiscally unstable father, and the multimillionaire eighth-grade dropout father of his closest friend. The lifelong monetary problems experienced by his "poor dad" (whose weekly paychecks, while respectable, were never quite sufficient to meet family needs) pounded home the counterpoint communicated by his "rich dad" (that "the poor and the middle class work for money," but "the rich have money work for them"). 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 the philosophy behind his relationship with money. Although Kiyosaki can take a frustratingly long time to make his points, his book is nonetheless a compelling advocate for the type of "financial literacy" that's never taught in schools. Based on the principle that income-generating assets always provide healthier bottom-line results than even the best of traditional jobs, it explains how the former might be acquired so that the latter eventually can be shed. --Howard Rothman, Amazon.com --This text refers to an out of print or unavailable edition of this title.

Review

RICH DAD, POOR DAD is a starting point for anyone looking to gain control of their financial future (USA TODAY)

Robert Kiyosaki's work in education is powerful, profound, and life changing. I salute his efforts and recommend him highly (Anthony Robbins) --This text refers to an out of print or unavailable edition of this title.

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Customer Reviews

4.3 out of 5 stars

Most Helpful Customer Reviews

40 of 41 people found the following review helpful By M. Hayes on 22 Jan 2007
Format: Paperback
The best thing about this book is that the central message is very clear. Rich people put their money into ASSETS (items which grow in value/ generate income - e.g. stocks, shares, real-estate), whereas worse-off people tend to spend money on LIABILITIES (things that either depreciate or cost money to maintain - e.g. cars, clothes.... and your own house). So far, so good. The non-rich also waste money by (a) unnecessarily paying too much tax and (b) running up debts on credit (he says its OK to buy the flashy car/ boat etc., but only AFTER you've made money from investing in assets).

However my problem is that the practical advice is very US-centred, in particular some of the tax-avoidance techniques he proposes which are simply NOT legal in the UK (e.g. putting your holiday down as a legitimate business expense if you own your own company... I wish!). I would welcome a UK version of the book. On balance the style is engaging if repetitive (as with many US self-help books). A useful way to start you thinking differently, but I would have liked some more specific recommendations on where to go/ what to do to get started with some of the investment ideas he suggests.
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9 of 9 people found the following review helpful By sharkstooth321 on 12 Aug 2014
Format: Paperback
This Book Honestly has changed my financial life! End of Many read it put it away and think it's no good, well not for me, I first read this 7 years ago after struggling and i mean really struggling for years Infact more than a decade, i won't go into detail but the finishing point was loosing a commission only job because of the recession having tens of thousands of debt, no credit line, no income huge mortgage to pay wife and child to support, from a poor working class background my financial skills were non exhisant, hence being broke for a decade and now about to loose everything! well thanks to studying this book and the follow ups my mindset changed, i followed the tips, and 7 years on ive paid off all my bad debt myself, kept up with all my payments, made some small investments, have savings, started a small business, live well (although not Rich yet) i'm well on the way and this is still a recession! It can be done from any starting point and 7 years more maybe i will be rich but without starting on the path with this knowledge i have no doubt i'd still be in debt and struggeling probably miserable. Do yourself a massive favour, Buy this Book! take some time out to read it cover to cover, then read it again following the tasks, buy the 2nd book and do the same, then the 3rd you'll have enough info and tips from those 3 books to sort yourself out, join his website, use the worksheets, be honest with yourself don't buy the expensive courses unless you hve loads of income you don't need them, play the free webgame you learn loads, i still play it, GOOD LUCK ITS WORTH IT!
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145 of 152 people found the following review helpful By Jim 8888 on 2 Jan 2002
Format: Paperback Verified Purchase
In order to enjoy this book, you'd best put your "capitalist pig" head on. The first sixty pages assume that the best thing you can do from the age of nine is apply yourself to making money. Play baseball? Baseball is for wimps. It's wasting precious time that you could be using applying your brain to thinking up money making schemes. It all started to irritate me, because there clearly is more to life than earning money - but then you wouldn't really be buying this book without wanting to earn a bit more dosh, would you? I'm glad I stuck with it, however, as he does temper this attitude as the book progresses.
You cannot argue with one Kiyosaki's opinions. Our (and the American) education system just does not teach you how to deal with personal finance. If it did, Barclaycard would be in receivership. Understand the value of a pound and make it work for you - it shouldn't be such a distasteful subject. Kiyosaki offers some basic common sense approaches that you could apply in order to make your money work better, but he often qualifies advice by stating the approach may not be right for you. Therefore step one could be Learn to Understand Yourself and Your Motivations. Once you've done that, apply your mind to making money if it interests and excites you. If it doesn't, fair enough. Perhaps the process will help you discover what actually does make you tick.
For those interested in making a stack, then the advice is again about learning. Choose who and what you learn from - teachers, friends, books, tapes, seminars. Look for new approaches. Find people who want to buy and sell something to them. Try to make your profit when you buy, not when you sell. Investigate stocks, real estate, whatever. Find people who can do a good job for you and reward them well.
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4 of 4 people found the following review helpful By Phil Morse on 26 July 2009
Format: Paperback
I bought this book, which seems to be a bit of a modern-day classic, on a recommendation. Like Allen Carr's giving up smoking book (worked for me, by the way - Allen Carr's Easy Way to Stop Smoking: Be a Happy Non-smoker for the Rest of Your Life (Allen Carrs Easy Way)), the tone may not be to everyone's taste but the message is clear enough. And while that message may not be utterly revolutionary (live off your assets not income - who hasn't dreamt of winning so much on the lottery that they can live richly off the interest alone?), this book contains just enough enthusiasm, anecdote and "this is how to do it" to whet the appetite of anyone who thinks more than most about how they're going to get rich.

However, it is a thin read, light on detail, in places cringe-worthy ("listen more than you talk, that's why God gave us two ears and only one mouth"!) and sometimes morally in a grey area (see sections on insider trading and tax avoidance, note: not evasion). But overall, as someone who has always had an entrepreneurial streak but felt a bit out of the water in the business world due to an "arty" background and a solidly middle-class upbringing, I found this book to be a window into a different mindset.

It has inspired me to read more of the Trumps, Sorells and Buffets of this world, and also to do something about trying to put a bit more of what I earn to work doing things that may reward me more richly down the line.
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