Rich Dad Poor Dad – Book Review
Name: Rich Dad Poor Dad – What the rich teach their kids about money – that the poor and middle class do not!
Author: Robert T. Kiyosaki
Overall rank: 10/10
Price: From $9.95 on Fishpond with FREE delivery
Introduction
Written by Multi-millionaire businessman Robert Kiyosaki, “Rich Dad Poor Dad” is the #1 best selling personal finance book of all time.
Kiyosaki takes to heart the message that the poor and middle class work for their money, but the rich have their money work for them.
The author lays out a financial philosophy based on the principle that income-generating assets always provide healthier bottom-line results.
PROS VS CONS
PROS:
- #1 best selling personal finance book of all time
- Paradigm shifting book in relation to money and investing
- Entertaining and educational
- Fantastic price for this amount of financial knowledge
CONS:
- The author does get a bit down on the traditional education system at times, BUT he does make some good points.
Overview
Robert Kiyosaki tells an entertaining and educational story of growing up in Hawaii where he essentially had two Dad’s: One was his real dad, who was a hard working but poor teacher, and his best friend’s Dad, who was a rich entrepreneur and businessman.
Eventually Kiyosaki was mentored by his “rich dad” and followed in his footsteps to become an entrepreneur himself.
Kiyosaki explains how the poor and middle class work for money, where the rich have their money work for them.
Who is it for?
Anybody that wants to improve their finances and increase their wealth, as well as any budding entrepreneurs.
I personally believe that everybody should read this book!
Summary
Personally, Rich Dad Poor Dad is one of the best books I have ever read, and reading it was a totally paradigm shifting experience for myself.
While I was reading this book, I had what I can only describe as an epiphany… and it totally changed the way I had previously thought about money and investing.
Rich Dad Poor Dad has led me on a journey of personal growth and becoming financially fluent.
If I had never read this book, I believe that I would never have started my online business and created this website.
I can honestly not recommend this book more highly, and in the words of Ian “Molly” Meldrum, “do yourself a favour” AND read this book!
Click here to get it now from Fishpond and they will deliver it for free!
If you have any questions or comments feel free to leave them below.
To your success,
John W. Newman
Lifestyle Entrepreneur and Online Business Mentor.
Dream It… Believe It… Then Achieve It!
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DISCOVER ONE OF RICH DAD’S STRATEGIES FOR FINANCIAL FREEDOM! – FREE TRAINING!
Hey there,
This is a great review of this really popular book. I’ve never got the chance to read it. I remember how my mom always persuaded me to read it. I kind of knew the story and main purpose of Rober Kiyosaki on this book. This review just made me want to read the book and learn such valuable tips from a valuable author. Thanks for sharing this!
It’s a great book Carlos!
This is a must read book in my opinion 🙂
Thanks.
I love Robert Kiyosaki’s books! He really does make SO much sense. I read them too, years ago. Now that I think about it, I believe his books have shaped my views on things too. I also may not be here doing what I am doing if not for his influence! Thanks so much for sharing!
He has been a big influence on me as well Debbie!
I definitely wouldn’t of put this website together if I had not read this book.
Hi John. I enjoy Robert Kiyosaki. His books are much easier to read than a lot of other financial education book. His Cash Flow Quadrant and Financial IQ books are also both very good.
They are very good books Ben, educational, entertaining and very easy to read!
Thanks for your comment!
I have heard of this book and of Mr. Kiyosaki. Yet I have not invested in the book at this time. after reading this brief review, I think it’s time to invest. Thank You for the information John.
Definitely read it Ken, you will get a lot out of it 🙂
Hi There,
I have heard a lot about this book. Starting to really grab my attention and interest.
Other than beeing a good book to read are there any actionable step to take?
Are there lesson plans, for example, to follow, or some sort of “to do” for the reader at the end of each chapter?
Also,is it easy reading or dry and technical?
It is certainly seems, like an interesting book for many people to read.
Hi Derek, thanks for your questions.
Yes, it is very easy to read, very entertaining as well as educational.
I wouldn’t say that there are “action steps” as such, more of a general philosophy in regards to business and investing.
I can definitely say that it will change the way you look and feel about money and investing for sure! 🙂
Thank you John for the great review on rich Dad Poor Dad. I agree 100% with you and Molly†Meldrum that everyone should “do yourself a favour†AND read this book!
I didn’t realize that it is “the #1 best selling personal finance book of all time.” but I believe it deserves this recognition. There is something magical about this book that does indeed cause a shift in ones paradigm after reading it and you can never quite think the same way again.
Ha ha! Not sure if people would get the Molly Meldrum example, he is a very popular rock icon “cult” figure here in Australia and that is one of his famous “catch phrases”.
But yes it is a great book and a best seller to boot!
Thanks for your comment Peter 🙂
I like the link between the domain name and what it is you are doing,
You offer pros and cons, showing that it’s not just a biased recommendation instead you give an in depth review of a product.
I really enjoyed looking through the seven step to success story, it was digestible and easy to read.
You have really gone to town on this site, providing alot of easy to read and digestible content
Thanks for you comment, glad you are liking the site and what I am putting together 🙂
Rich Dad Poor Dad is one of my favorite book that i’ve been reading repeatedly for many many time without getting sick of it. From his stories, I am able to learn thru whatever the difference of Life Experience both his Rich Dad and Poor Dad had given him. The rich gets richer and the poor works for the rich for a meagle paycheck just for a normal life. There is nothing wrong with both but depends on what each individual have to choose.
This is a great book and suitable for every single one of us. Go check it out if you haven’t.
Thank you John for such a great review.
Mike L
Thanks for your comment Mike!
Yes Rich Dad Poor Dad is an absolute must read that will change the way you look and feel about money and creating wealth forever!
Glad you have got so much out of reading it 🙂
Hello John,
Thanks for the great info, very good review!
I did read rich dad poor dad a long ago and after reading your review I think I should re-read it again.
What really made me tick back then was to wonder why we are not taught about money at school! We need to learn how to take care of our finances and stop relying on everyone else to do it for us.
Let money work for us!
Thanks for the reminder,
Cheers 🙂
So true MA, that is one point that the book really hammers home is that we are not taught about financial education at school and by society in general.
Thankfully there are books such as this that can help financially educate people!
Thanks 🙂
I read a few of Rober Kiyosaki’s books and I wished I had the opportunity to read them in my twenties. If I did I could start saving money earlier and start investing them smarter. I agree with Robert Kiyosaki that we are not taught about investing in schools as we should be.
If only I had of read this book at that age as well Sandy!
I did try and get my teenager to read this book a few years ago but she wasn’t interested.
She is turning twenty this year so it might make a good birthday present 😉
Thanks for your comment!