4.04.2007

Review the Second: Rich Dad Poor Dad


I own TWO COPIES! This book is possibly one of the most powerful financial help books ever written. A number one New York Times bestseller, Rich Dad Poor Dad, by Robert Kiyosaki and co-written by Sharon Lechter, had me engrossed all the way to the end, then made me read the sequel, Cashflow, then made me get all of his guides on money he’s ever written.

Rich Dad Poor Dad
Review:*****


This book is at first written in story mode, showing Rob's childhood involvement in money. First alerted to the power of money when they are not invited to a party because they were “Poor Kids” (that took a long time!), Robert and his best friend Mike have a lust for making money. They finally get their big idea! Casting their own nickels! No dice. So they seek Mike’s dad, who is on the verge of being rich, for financial help. He decides to hire them for 10 cents an hour for three hours a week. Pretty soon Robert gets fed up and asks for a change in pay. And change he gets. He is offered something he can’t, or rather, is not allowed to refuse. He is now getting paid nothing. But Mike and Robert incorporate their genius ideas and make lots of money anyways. After these exciting and humorous first few chapters, he starts talking about different ways of how to make the most of your working years such as, starting businesses, or minding your own business, as he calls it, how to escape the horrors of taxes (unfortunately, only legal ways were included) and most importantly, not working for money and making money work for you.

This was a quick read, but it was packed with knowledge and ideas, so with the thinking you have to do it takes quite a while to get through. A major thing that really caught my interest and held it was all of the schemes they think up. For example, they ran a comic book library and charged an entrance fee. They even had a bouncer! (Mike's little sister....) I couldn't follow through with the advice it gave because I don’t have a job or enough money to start up the businesses he was talking about! I would rate this book a 5/5. Because... well... It's good!

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