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Rich Dad, Poor Dad email this discussion to a friend?

myLot reputation of 98/100. boybato (524)   ranked 3,861 out of 10,302 in reading4 months ago

Who have read this book? I just finished reading this book a few days ago and I can really tell that it's so enlightening. It really changed my outlook towards money and finances and how it could affect and could be used to attain success. The most valuable lesson that I have learned through such book is that working hard is no longer enough these days, working smart can bring one further than harder but if one works hard and smart at the same time, it can really spell success. Robert Kiyosaki (author) also pinpointed that rich people let money work for them and not the other way around. Middle class and poor people all work for money whereas rich people let money work for them. Wealth is one barometer of success and it's not only that, it makes one's life a lot more comfortable and enjoyable. It stated that academic excellence is not enough either to make one financially good because schools doesn't really teach about financial literacy.

What are your thoughts about such book?

 
 
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tags:  reading, books, bookstore, book
 
1. myLot reputation of 98/100. scheng1 (1702)   ranked 278 out of 10,302 in reading   4 months ago

Hi boybato, I find that Rich Dad Poor Dad is the worst book in his series, probably because it's his first book.
He used too many words to explain a simple concept. You should read his later books. I like the one he co-author with Donald Trump.
I find his later books, especially Who took my Money, are much better than Rich Dad Poor Dad.
If you like his books, try to download Napoleon's Hill Think and Grow Rich too. And read books by Donald Trump.


myLot reputation of 98/100. boybato (524)   ranked 3,861 out of 10,302 in reading  4 months ago

It's the first Robert Kiyosaki book that I have read. And yes, I agree, it's not really that well written. I mean the construction is not that good but the points are really great, that's what matters after all. Anyway, thanks for the suggestions. I've got to read those too soon.


myLot reputation of 98/100. scheng1 (1702)   ranked 278 out of 10,302 in reading  4 months ago

Hi Boybato, Rich Dad Poor Dad is more air than substance. It tells you that you can become rich, without telling how to do it.
His other books are better, at least there are much more practical advice.
I think you will gain more if you read Sam Walton's Made in America My Story, and Richard Branson's Losing My Virginity (The Autobiograhy)
It's great to see how they make it.

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2. myLot reputation of 85/100. UmiNoor (409)   4 months ago

This book is the first book by Robert Kiyosaki that I read and it is enlightening. The part that he said about buying assets instead of liabilities is really true. But most of his suggestions make assumptions that we already have money to spend. Kiyosaki invest in big ticket item like real estate which is quite a complicated business to undertake. I enjoyed the story that he told about his "adopted" father and how he learn about managing and investing money.


myLot reputation of 98/100. boybato (524)   ranked 3,861 out of 10,302 in reading  4 months ago

I think he just made his real estate experiences as an example to further clarify his points. I mean not everybody are into real estate and are proficient in them but pretty sure everybody's got their own line of interests which could serve as an opportunities. Though I admit that I don't agree in some of his points, he made very simple yet credible points which could really help. Financial literacy is indeed very important yet is one thing that has been taken for granted by many people. No wonder why people like Bill Gates who dropped out from college are bigger than professionals. Professionals even work for them.

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3. myLot reputation of 89/100. jlamela (2816)   ranked 1,782 out of 10,302 in reading   4 months ago

Actually I am planning to buy this book because I read the introduction while strolling at the national bookstore. It is a very wonderful book according to my boss. I just finished reading "Secret to a Millionaire mind" book so I guess Rich Dad, Poor Dad is a good choice for the next reading session.

Thanks for giving additional information, now I really have to buy this wonderful book.


myLot reputation of 98/100. boybato (524)   ranked 3,861 out of 10,302 in reading  4 months ago

You should. It's really all your money's worth. The thoughts are so simple yet so enlightening. It can really change your outlook in life (money and finances to say the least).

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