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Rich Dad Poor Dad: What the Rich Teach their Kids About Money that the Poor and Middle Class Do Not! Mass Market Paperback – 1 Sep 2011

4.6 out of 5 stars 1,252 customer reviews

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Product description

Review

Amazon.com 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 nonetheless compellingly advocates 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 those assets might be acquired so that the jobs can eventually be shed. --Howard Rothman

About the Author

About the Author: Robert T. Kiyosaki is an American investor, businessman, self-help author, motivational speaker, financial activist and financial commentator. Kiyosaki is the bestselling author of the Rich Dad Poor Dad series of motivational books and several other publications published under the Rich Dad brand. Having written over 15 books, with combined sales of over 26 million copies, he also has a blog and maintains a monthly column on Yahoo Finance. He writes about his latest thoughts on global economics, investing, business, world financial markets and personal finance on Yahoo.

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Product details

  • Mass Market Paperback: 274 pages
  • Publisher: Perseus Books Group; First Edition edition (1 September 2011)
  • Language: English
  • ISBN-10: 1612680011
  • ISBN-13: 978-1612680019
  • Product Dimensions: 0.6 x 10.8 x 17.8 cm
  • Average Customer Review: 4.6 out of 5 stars  See all reviews (1,252 customer reviews)
  • Amazon Bestsellers Rank: #41 in Books (See Top 100 in Books)
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Top Customer Reviews

Format: Mass Market Paperback
This is an interesting book by Robert Kiyosaki in which he uses a parable of his own father, who was an employee, and his friend's father, who was a businessman, and the lessons that he picked up from each about what to do and not do for financial success. His father is used as an example of beliefs, actions and advice which one should reject and his friend's father as an example of a person to be emulated for success.

While there are lot of valid points that are contained in this book, there are lot of points that are not sound advice. Kiyosaki's advice that as a businessman one should always pay himself first before anyone else (even the government) is advice which was followed by another businessman Mallya - he paid himself before his employees, creditors and government. This kind of advice can be a moral hazard.

Also his insistence that only if you are a businessman can you be successful is also not very sound. I have been a businessman for more than 2 decades and to be a businessman requires a certain mindset - risk taking, ability to live without a regular pay check, thick skin etc - it is not everybody's cup of tea. Also 80 - 90% small businesses in India and US close withing 5 years of inception. I have lot of friends who are employees and who are very successful - some who are much more prosperous than me. What is important for security during later years is not whether one is an employee or a businessman but how much one saves and how wisely one invests.

Overall use your discretion - use what sounds logical when one applies common sense and reject the illogical!
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Format: Mass Market Paperback Verified Purchase
Content of the book is fantastic, while the quality of the mass-market paperback edition is pathetic. Nothing more than a book sold in the road-side worth Rs. 100.

If you want a quality print or you want to gift it to someone do not go for this.
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Format: Mass Market Paperback Verified Purchase
First of all the best delivery ever in India
As the book says itself best book to teach money control one should at least read this book 1 time in life
the paper quality is OK not good but decent
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Format: Kindle Edition
For a student, who just graduated and wanted to do something in life, this book is a total eye opener. Its true i have been following the poor dads advice to study hard and get grades, but rich dad showed me the other side of the coin which my poor dad never should be. I know now how much financial knowledge is important for my career and future. I will follow rich dads advice because it makes total sense.
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Format: Mass Market Paperback Verified Purchase
It is one of fantastic. Book on money, this book teaches about money what schools and other institutions doesn't...

In fact I recommend this book should be thought in schools. It's a fantastic guide how to deal with your finances and to develop mentality of rich.
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Format: Mass Market Paperback Verified Purchase
What is shown in the website it is total different paper quality is so bad.
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Format: Mass Market Paperback Verified Purchase
Very low printing quality, surely not the original book.
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Format: Mass Market Paperback Verified Purchase
It was good financial advice which teaches you the value of money.
All youngsters should read this.
Don't waste your money on liabilities like a new car , a house or a new PC.
Be content with what you have.
Great advice.
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