- Audio Download
- Listening Length: 6 hours and 9 minutes
- Program Type: Audiobook
- Version: Unabridged
- Publisher: Rich Dad on Brilliance Audio
- Audible.co.uk Release Date: 15 Jun. 2012
- Language: English
- ASIN: B008C25B0C
- Amazon Bestsellers Rank:
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Rich Dad Poor Dad: What the Rich Teach Their Kids About Money - That the Poor and Middle Class Do Not! Audio Download – Unabridged
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Top Customer Reviews
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.Read more ›
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.
For such an easy read it touches on some deep concepts that one doesn't generally think about too deeply. Some great one liners inside to remember, along the lines of "Time is your most precious asset" with regard to compound interest, and "listening is more important than talking, which the majority of people don't understand. If God intended you to talk all the time then he wouldn't have given you 1 mouth and 2 ears" with regard to ones need to learn from those who are greater than oneself.
Unfortunately he does come across rather badly due to his high self-confidence from making his millions... he seems to have had a poor relationship with his real father (referred to as 'poor dad')- painting him in a negative shade throughout, and he occasionally comes across as fairly arrogant when talking about the middle classes and 'poor'... he somehow manages to bestow an image of utter stupidity upon anyone who doesn't own acres of land and real estate, and anyone who works for a living (if everyone was 'rich' and let out real estate instead of working, then who would rent the real estate or produce any goods to consume?).
This attitude of his all helps to hammer in the flowing theme of why one should not be financially dependant though, which is probably why it is a best-seller.
The other downer, in my opinion, is the way he talks about investment gains.Read more ›
Most Recent Customer Reviews
Great book for those like me that have little financial education. Already I feel like I have much better understanding of how to make my money work for me after reading this.Published 2 hours ago by guitarmusico
So much knowledge in one book.
But you won't get anywhere with just that you need to put in that action
This book has opened my eyes to a reality that exists beyond the 9 to 5 rut.
Robert Kiyosaki will not only inspire you but will also give you the necessary tools to help... Read more
This is without doubt the most powerful book I have ever read on personal finance, it has changed my mindset overnight. Read morePublished 9 days ago by Londoner
I think is the first step to became rich!!!! Action is the most important because without practice this is nothing !!!!Published 13 days ago by Kindle Customer
The way Robert presents his knowldge and perspective is remarkable and eye opener for me. The only thing left for reader is how he is going to execute his thoughts. Thanks RobertPublished 17 days ago by Amazon Customer
A great read, full of common sense with a real practical approach too. A must for everyone to read aspiring to greater things.Published 19 days ago by Dawn