Rich
Dad, Poor Dad: What the Rich Teach Their Kids About Money--That the Poor
and Middle Class Do Not!
by Robert T. Kiyosaki, Sharon L. Lechter (Contributor)
 |
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 - Amazon.com
Paperback: 184 pages Warner Books
ISBN: 0446677450; (April 1, 2000)
Cashflow
Quadrant: Rich Dad's Guide to Financial Freedom
by Robert T. Kiyosaki, Sharon L. Lechter (Contributor)
Paperback: 251 pages
Warner Books; ISBN: 0446677477; (April 1, 2000)
Rich
Dad's Guide to Investing: What the Rich Invest in, That the Poor and the
Middle Class Do Not!
by Robert T. Kiyosaki, Sharon L. Lechter (Contributor)
The rich are different from the rest of us, if for no other reason than
U.S. tax and securities laws allow them to invest in ways that keep us
from catching up to them. That's why 90 percent of all corporate shares
of stock are owned by 10 percent of the people. Kiyosaki believes it's
possible for anyone to move up into that 10 percent, but it takes a different
view of investing than most people have: it takes a plan to be a successful
investor. And a plan is more than simply buying and selling, or collecting
"assets" that bring in no cash and are thus more akin to liabilities. The
way most people invest, "they might as well be pushing a wheelbarrow in
a circle," he writes. A plan is "mechanical, automatic, and boring," a
formula for success that has worked historically for most of those who've
used it. Kiyosaki's "rich dad" (actually, the father of his best friend)
tells him the simplest analogy is the game Monopoly: buy four green houses,
trade them for one red hotel, and repeat until you become rich. The overall
message of Rich Dad's Guide to Investing is that this is an abundant world,
full of opportunity for the sophisticated investor. However, it sometimes
takes a while to find this point. Much of the book is told in dialogues
between young Kiyosaki and his rich dad, and these conversations can ramble.
There are rewards for the careful reader--for example, in the middle of
a section on the basic rules of investing, Kiyosaki's rich dad compares
investor education to toilet training: difficult at first but eventually
automatic. But getting to these inspired metaphors means wading through
a lot of repetitive dialogue. It's a bit ironic that someone who advocates
investor discipline should show so little as a writer. But by the end of
the book, even the rambling starts to make sense. By the hundredth time
you read that the rich don't work for money, and that you don't need money
to make money, both concepts start to make sense. It still looks difficult
to apply these ideas, but Rich Dad's Guide to Investing certainly makes
the case that they'll work for anyone bold and smart enough to practice
them. --Lou Schuler - Amazon.com
Paperback: 405 pages
Warner Books; ISBN: 0446677469; (June 2000)
Rich
Dad's Retire Young, Retire Rich : How to Get Rich Quickly and Stay Rich
Forever! [ABRIDGED]
by Robert T. Kiyosaki, et al
(Audio Cassette - January 2002)
Rich
Dad's Classics [ABRIDGED]
by Robert T. Kiyosaki, Sharon L. Lechter (Contributor)
(Audio Cassette - June 2001)
Rich
Dad's Rich Kid, Smart Kid: Giving Your Children a Financial Headstart
by Robert T. Kiyosaki, Sharon L. Lechter (Contributor)
(Paperback - January 2001)
Sales
Dogs : You Do Not Have to Be an Attack Dog to Be Successful in Sales (Rich
Dad's Advisors series)
by Blair Singer, Robert T. Kiyosaki (Introduction)
(Paperback - June 2001)
Protecting
Your #1 Asset : Creating Fortunes from Your Ideas : An Intellectual Property
Handbook (Rich Dad's Advisors)
by Michael A. Lechter, Robert T. Kiyosaki (Introduction)
(Paperback - June 2001)
Retire
Young, Retire Rich
by Robert T. Kiyosaki, Sharon L. Lechter (Contributor)
Paperback: 264 pages
Warner Books; ISBN: 0446678430; 1st edition (January
15, 2002)
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