Today, I’m going to be doing a Rich Dad Poor Dad Review.. Rich Dad Poor Dad is a book written by Robert T. Kiyosaki and published in 1997.. I was 20 years old, newly married with 45k of dumb consumer debt. After all, this was exactly the way I’d thought about getting into the right medical school, the right residency, and the right fellowship (haha). After I read it, I come to know that I'm one of the people who struggled much in handling money. I read Nicolas Sparks fiction instead but a month ago, a professor told us to read the book and its mandatory. I liked the concept of building assets. Save my name, email, and website in this browser for the next time I comment. Shoot me an email or leave a comment. Introduction. Rich Dad , Poor Dad (Rich Dad #1), Robert T. Kiyosaki, Sharon L. Lechter Rich Dad Poor Dad is a 1997 book written by Robert Kiyosaki and Sharon Lechter. Robert Kiyosaki – Rich Dad, Poor Dad Book Review One of the best books I've come across on financial education has been Rich Dad, Poor Dad by Robert Kiyosaki . Rich Dad Poor Dad Letter Review & Final Verdict Honestly, for $19.99 you're getting a WHOLE lot of value here. He compares them to the way his “Poor Dad” viewed money, and how “the old way” of “go to school, get your degree, and find a good job” just won’t suffice for those looking to build wealth. My goal is to build 1 passive income stream for each of these:). They do not let fear and never-ending analysis paralyze them (Kiyosaki calls this “analysis paralysis”). I know I do. Rich Dad Poor Dad (Book Review) 1. I read the book a year ago and I loved it. You cannot get any decent financial education from high school or community college. A New York Times best seller for over 6 years, versions of the book have been translated into 51 languages and distributed in over 109 countries. for people whom are lazy let them be lazy. Robert T. Kiyoski An American investor, businessman, self-help author, motivational speaker, financial literacy activist, and occasional financial commentator. On top of that, they wonder why they have money problems. I never imagined how this book would shape my view on money. It was also probably the first non-medical book I had read since I was introduced to the works of Malcolm Gladwell during medical school. There was an error submitting your subscription. Also, if you already read Rich Dad Poor Dad, I would be glad to hear your point of view. I happen to live in one of those states. His book is just a guide not an advice on what you will ultimately have to decide FOR YOUR LIFE!! The only part of your review I agree with is people shouldn't go out and quit their job. What separates those that are successful from those that are not is that the successful people take that inspiration—and then they act on it. But it’s not best suited for everyone – because author is talking about how you can invest on the side if you’re already making good income and want to start saving and investing that money. The book has a motivational aspect as well as financial advice and strategies devised by Kiyosaki. Rich Dad Poor Dad Review. A common criticism of this book is that while it is inspiring, by the time you reach the end of the book, you have no idea what the first step is. It soon seemed to me the way to make a living farming (and maybe also finance) is to write and sell books about it, and K’s further career was convincing others to try for real estate deals a la him and Trump (ok not quite), and any such career would be beyond my likely abilities or interests. This is just one of the ways they do that. Rich Dad Poor Dad succeeds as a motivational product yet lacks specific real world financial answers. I've learned so much from this book, especially I'm just a teen who always spend money like any other people. Rich Dad Poor Dad Review. I was making about 3800 monthly after taxes where I worked. Rich Dad Poor Dad has been successful in helping everyday people establish themselves as entrepreneurs and has given them courage to enter the business world. by David Harris. I am still fighting to get my money back. I read this book and afterwards took out a loan for a investment of a 30% sleeping partnership for a gym my friend started. I would say I have a ton of education in the rich dad series and I did feel inspired by it. One of the first books related to finance that I read was Rich Dad Poor Dad by Robert Kiyosaki. Learned a lot. Please read reviews on other sites and you'll see what I mean. Looking for more info on Rich Dad Poor Dad? It’s practical. There are also certain states that are more tenant-friendly which makes it a little less desirable to be a landlord. If you are interested, you can get it from Amazon: Rich Dad Poor Dad. (And no effort managing properties; all I gotta do is hope the US stock market doesn’t collapse. I am now at a stage where my investable assets are at a pretty good number for my age (28) and I have a monthly cashflow stream other than my job. I also had an epiphany reading this book. I’ve read this book last years and I have to say that it does offer so many good, common sense things when it comes creating your financial plans for the future. http://imeducatingmyself.com/rich-dad-poor-dad-what-the-rich-teach-their-kids-about-money-that-the-poor-and-middle-class-do-not-by-robert-t-kiyosaki-book-review, This book can completely change your perspective regarding wealth.The narration is straightforward and enlightening.It fails to provide personal strategies but it will help you understand that its not about how much money you make but how much money you keep. This book emphasises the importance of passive income and making money work for you instead of you working for money. A Book Review on “Rich Dad Poor Dad” By Robert T. Kiyosaki KRISTOFFERSON C. SOLAMIN PILGRIM CHRISTIAN COLLEGE PROFESSIONAL EDUCATION SEPTEMBER 27, 2015 2. You have entered an incorrect email address! What Rich Dad Poor Dad Gets Right: 3 Main Lessons. !..That's why we need to keep on learning and stop depending from others advice in order to be financially literate and stay at the right side of the Quadrant...No matter what they say, for me, it's one of the best book!!!! This site uses Akismet to reduce spam. Always a great great pleasure to meet a fellow Rich Dad Poor Dad reader! I liked what I read and there are many principles in these books that I still find valuable even today. people are self-fish they don’t take the time to learn, they alway wanted to take the easy way out. Hold on to YOUR money and save it start investing. If you’re someone who is not making enough and you have struggles on paying everything on time then, I have to say that this book will not help you on creating better income if you don’t have one. How to Start a Blog (A Step By Step Guide), Recommended Turnkey Real Estate Companies, 10 Perfect Passive Income Ideas for Physicians, My Personal Peer to Peer (P2P) Lending Experiment. It also taught me to focus on cash flow – if your cash flow from investments exceeds your monthly expenses, you’re done. Rich Dad, Poor Dad is an extraordinary book, in the literal sense. Rich Dad Poor Dad Review. The principles outlined by Kiyosaki may be obvious … Rich Dad, Poor Dad Summary Review in 2020 Read More » Not sure about the commodities though. Instead, Robert tries to change your mindset... mess with your context a little. As a result, I learned so much more than I would have otherwise. Now check your email to confirm your subscription. The author’s success, achievements, and popularity weren’t as easy as you would think. Too many people have skewed ideas about money, and teaching them how to utilize it is pointless if they don't change the way they think and feel about money. As it is, the price is so overblown that there really should be no question as to whether it should work or not. Kiyosaki says that the rich think about money differently than the poor and middle class. Keep reading below to get all the details on Rich Dad Poor Dad and the man himself Robert Kiyosaki. I’d love to hear what your thought of it! His main frustration with his critics is that they simply don't get that he wasn't trying to teach people how to be rich. Je bent er toch elke maand geld aan kwijt ? Thanks Robert, glad to be on this crusade with you. This book is really a great help for everyone who Learn how your comment data is processed. This is the best book I have ever read. The other was through his second “Dad”, the father of a close friend, who had money and was constantly making more through successful investments. Written by Robert Kiyosaki, a formidable author who gives a solution on how you can increase your wealth. Rich Dad, Poor Dad Review: I did find that this book harped on a little, and that the overall page numbers could have probably been halved with the same message being received. This is especially true of how the book taught me to think of money not as an end-goal, but as a tool for wealth creation. This book is dedicated to all parents e a child’s most important teache 3. To this day it remains one of the best books on money you will ever read. This book awakened in me an almost insatiable appetite for financial books. Rich Dad, Poor Dad was a quick personal finance read and, at many points in the book, I was motivated to change my life. Absolute crap! Robert Kiyosaki’s Rich Dad Poor Dad is exactly the kind of personal finance advice you wish you’d been given when you were just starting out in the world.. It’s simple. I think this is a very well written book indeed as I have a clearer view on how to handle my own finance . That’s actually fine with me. Robert's book is inspirational. Thanks! Rich Dad Poor Dad Review. You should be able to, but can't. The book has a motivational aspect as well as financial advice and strategies devised by Kiyosaki. Dad by Robert Kiyosaki and found at richdadcoaching.com, is a very well written book as. And popularity weren ’ t as easy as you would think copies worldwide book has a more... Aan kwijt successful from those that are not is that the successful people take inspiration—and. To gain popularity, what a pathetic scene could access my coach anytime but! Real life was accounting to your money and most especially my perception of wealth as to whether should! 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