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Samantha Cira's Reviews > Rich Dad, Poor Dad
Rich Dad, Poor Dad
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Sorry, but this book is a bunch of mumbo-jumbo BS.
The concepts in this book, to me, are common sense and there are no concrete applications to his ideas. Yes, the poor get poorer while the rich get richer, there's a ground-breaking idea! Yes, most people don't know how to manage their money, we know, so how about telling us how?
The majority of the book is Kiyosaki wanking it, telling us stories about his life (which I don't even think are true).
If you want to learn about personal finance and investment strategies, this is not the book for you.
The concepts in this book, to me, are common sense and there are no concrete applications to his ideas. Yes, the poor get poorer while the rich get richer, there's a ground-breaking idea! Yes, most people don't know how to manage their money, we know, so how about telling us how?
The majority of the book is Kiyosaki wanking it, telling us stories about his life (which I don't even think are true).
If you want to learn about personal finance and investment strategies, this is not the book for you.
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Rich Dad, Poor Dad.
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Reading Progress
Started Reading
January 1, 2003
–
Finished Reading
September 14, 2007
– Shelved
September 14, 2007
– Shelved as:
nonfiction
September 14, 2007
– Shelved as:
finance
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Troy
(last edited Aug 25, 2016 12:58PM)
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rated it 1 star
Oct 06, 2007 04:44PM
Couldn't have said it better. And I tried.
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I think he is not giving people very much but fluff. You should read: Wealth Building Strategies of the Super Rich ISBN 0615301797.
It sounds as if you didn't read the book. The book is full of concrete examples, though not at the very beginning. The concepts are simple to follow but true. Some people are lost in its simplicity. However, if you had read the book, you would know you're expected to take the leads and use your brain in order to find investment and asset opportunities after that point: his example on where he found real estate deals were specific to his life, and will change with the market. He asks you to use your head and look for your own opportunities--not just follow a canned, step-by-step instruction book on where to go and what to do. If you want to act like a robot he only does what one is told, rather than searching for the types of opportunities presented, you can not have hope of breaking the rat race and becoming wealthy.
I think she read the book. That is exactly what the book is. Books like Wealth Building Strategies of the Super Rich give you a list of different strategies that are time-tested to create wealth and advices you on how to implement them according to your own life and inclinations. Kiyosaki did not make that much money, so listening to a person who never acheived great wealth is like listening to a middle manager about how to get to be president of your company. He doesn't even know how to be super rich. Wealth Building Strategies of the Super Rich -
What books do you recommend?
Karen wrote: "It sounds as if you didn't read the book. The book is full of concrete examples, though not at the very beginning. The concepts are simple to follow but true. Some people are lost in its simplicity..."Certainly, this book is not perfect. But, Rich Dad Poor Dad is one of the good books on personal finance. This book is neither a To-Do list nor it provides detailed strategies to make money. Instead, this book inspires and motivates us to reprogram our minds and finances to escape from the Rat Race of “Get up, Go for Job and Pay Bill.�
you can still watch the following YouTube series of highly informative yet entertaining videos based on Rich Dad Poor Dad:
These videos summarize all the important concepts of Rich Dad Poor Dad.
Lionel wrote: "I think she read the book. That is exactly what the book is. Books like Wealth Building Strategies of the Super Rich give you a list of different strategies that are time-tested to create wealth an..."Personally, I would highly recommend Rich Dad Poor Dad. This book has taught me and inspired me to seek financial education and freedom. I have summarized the key concepts of Rich Dad Poor Dad in these YouTube videos:
Lionel wrote: "I think he is not giving people very much but fluff. You should read: Wealth Building Strategies of the Super Rich ISBN 0615301797."I would surely read your book. :)
Ohh Samantha!!! I highly value your comment and review. Certainly, this book is not perfect. But, Rich Dad Poor Dad is one of the good books on personal finance. This book is neither a To-Do list nor it provides detailed strategies to make money. Instead, this book inspires and motivates us to reprogram our minds and finances to escape from the Rat Race of “Get up, Go for Job and Pay Bill.� Robert Kiyosaki is not against having a job. But, he is certainly against the Rat Race. At one point in this book, he even suggests keeping day time job and minding your own business. It means to earn money through a job, set aside a sizeable portion of your earnings before spending a single penny and invest your savings in passive income producing assets. You can watch this animated video to know more about Robert’s philosophy of Mind Your Own Business:
To learn more about Rich Dad Poor Dad, you can watch these videos:
These videos will explain all important concepts of Rich Dad Poor Dad. It is totally free.
completely disagree with you in every way
it is so evident that you didn't even bother to read it
