Rich Dad Poor Dad | 
 enlarge | Authors: Sharon L Lechter Cpa, Robert T Kiyosaki
Publisher: Warner Business Books
Category: Book
List Price: CDN$ 18.95
Buy New: CDN$ 7.72
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New (19) Used (43) Collectible (1) from CDN$ 2.42
Rating:  1235 reviews
Sales Rank: 116
Media: Paperback
Edition: 1
Pages: 207
Shipping Weight (lbs): 0.6
Dimensions (in): 8.9 x 5.9 x 0.7
ISBN: 0446677450
Dewey Decimal Number: 332.024
EAN: 9780446677455
ASIN: 0446677450
Publication Date: May 1, 2000
Availability: Usually ships within 1 - 2 business days
Shipping: International shipping available
Condition: From our American Warehouse - Delivery in 7-10 days
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From Amazon.com
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
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| Customer Reviews: Read 1230 more reviews...
 What got me started - Inspirational, but definitely not a "How to" book. May 12, 2008
Earl E. Flormata (Vancouver, BC, Canada)
I thank Robert Kiyosaki for the teachings he's shared in the book in regards to the simplification (oversimplification could be argued yes) of the financial systems available - and the patterns of how to break free of the rat race.
This is the book that convinced me that I could go out there and make a million dollars a year on my own gumption, and it's because of this book that I'm where I am today. Running my own business and enjoying passive income.
On the flip side however, MLM's are not the greatest method to reach financial freedom - but they are a great teaching ground for the basics of marketing and sales. Please don't think that every MLM meeting you attend will bring you riches beyond your wildest dreams. Stick to the path that he outlines by purchasing assets, and you'll get to where you want to reach faster.
I now own and run a company - Infiniti Point Strategies (www.ipoint.ca) where I play the cashflow 101 game with like minded people who all want to take the leap in entrepreneurship and I recommend this book to everyone who's path I cross.
 Some good points and some bad ones March 30, 2008
Mootstreet (Vancouver, British Columbia Canada)
"Study hard and get good grades and you will find a high-paying job with great benefits." his statement is true, but very often a job is not the only source of income. In Rich Dad Poor Dad, Robert Kiyosaki explains the foundation of successful personal finance. He used a narrative approach to begin the book which makes it more readable.
There are a number of points that I quite agree. He points out a major failing in our current education system: it only teaches students the skills required by a profession and does not teach them about managing money (I imagine requiring everyone to take a course on personal finance would be very beneficial to the students and the economic as a whole). He recommends people to think in terms of cash flow; therefore he claims that owning a house would be a liability, not an asset.
This book received a lot of criticism. John Reed, a writer on real estate investing, built an entire webpage to criticize Kiyosaki. He points out that some parts in Kiyosakis real estate investment examples are fictitious and misleading. He also questions the existence of his Rich Dad. The book is almost not very condensed, it can shrink by 50% can still get the same message across.
Overall, Rich Dad Poor Dad contains sound advices that many people would benefit if they follow them. Kiyosaki may have used some frictional examples and simplifies the process of finding attractive investments, but his principles of sound financial discipline still stand.
For more book reviews, please visit www.mootstreet.com
 Come on, are you serious? March 5, 2008
Genesis (Middle of Nowhere, Canada)
0 out of 1 found this review helpful
The only person that will get rich from this book is Kiyosaki. The book is filled with either useless information or bad information. This book provides little to no back bone on how to build personal wealth. Kiyosaki provides you with unrealistic examples on building your wealth.
Simplistic, original and a great value October 30, 2007
Michael Steele (Boca Raton, Fla)
1 out of 1 found this review helpful
I've read countless books on personal finance and creating wealth, but I must say Kiyosaki's is one of the better ones. Most finance books are pure finance and potential suggestions. They miss what precludes any great change in your life, and where most fail at; stepping back from your life as an employee and creating the proper mindset to get rich, (or achieve whatever financial goals you have). Inotherwords, if you're head isn't in the right place from the beginning, the discipline and tools will not be enough to get you there. He feels that the single most important quality to achieve success is in the philosophy. How the wealthy think is what makes them different from the average worker or those just getting by.
People who grind it out for the man day in day out need a complete brain makeover before they can see the forest for the trees. Kiyosaki had two father figures, a poor one (his real dad) and a rich one. His poor dad offer this worldview to his son; "Study hard so you can find a good company to work for." For him, talk of money was bad. Risk was bad. He argued that one's company is responsible to make sure all his needs were met. Finding the best job with the best company that offered the best benefits, to him, was best. His rich dad, on the other hand, encouraged talking about money around the dinner table, to teach the children how to think. He encouraged managing risk, rather than avoiding it. He argued against reliance upon an employer and for "total financial self-reliance" (16). Of course, Kiyosaki's book promotes the mindset of his rich dad.
The book breaks down into six main lessons, which help the reader understand the mindset rather than a method. To close, Kiyosaki makes suggestions about how to begin. First, he combats the five main reasons people stay in their current life-style: fear, cynicism, laziness, bad habits, and arrogance. He then gives ten steps to begin this new mindset.
Great book for its simplicity, original approach and value.
Could have been better, a lot better August 13, 2007
M. Lee (Winnipeg, Canada)
1 out of 2 found this review helpful
While the concepts he presents are worth while I was disappointed overall. Unless you are an idiot, you already know 95% of what this book can tell you. It's a bit of a pep talk to get you thinking about your financial life, there is not much beyond that. What took about 200 pages to explain with recollections of his child hood and personal experiences, could easily be summarized in 10-20.
I didn't beleive half of his stories. For instance, he talks about his favorite childhood baseball cards of Willie Mays, Yogi Berra and Joe Dimagio, and how he used to memorize thier stats like HR, RBI, and ERA. Well if this was true he would know that none of these players would have had an ERA because none of them were pitchers. This is nitpicking at a detail, I know, but its just one example of how his stories come across as b.s.
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