Rich Dad Poor Dad Book Review

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Rich Dad Poor Dad Book Review

Rich Dad Poor Dad is my third financial book, the BEST seller of New York Times and The Wall Street Journal, is written by Robert T.Kiyosaki with Sharon L. Lechter.

This book is a starting point for anyone looking to gain control of their financial future. The authors explain why we cannot rely on job income if we want to be rich by telling the story between his rich dad and his poor dad. His poor dad asked him to study hard and work hard for money; His rich dad asked him to learn how to let money work for him.

Ten chapters have been covered in this book and titles have been shown below. A lot of examples have been mentioned in the books in order to let the readers fully understand about the theories.

Since this book is written in 1997, some of the information is outdated. Therefore, some of the advice should be taken as reference only. However, this book is still strongly recommended for investing beginner. After reading this book, your mindset will be totally different, if you are still thinking that working hard can make you rich.

About Robert Toru Kiyosaki

Robert Toru Kiyosaki, born in April 8, 1947 is an American investor, businessman, self-help author and motivational speaker. Kiyosaki is best known for his Rich Dad Poor Dad series of motivational books and other material published under the Rich Dad brand. He has written 15 books which have combined sales of over 26 million copies.

Although beginning as a self-publisher, he was subsequently published by Warner Books, a division of Hachette Book Group USA. His new books appear under the Rich Dad Press imprint. Three of his books, Rich Dad Poor Dad, Rich Dad's CASHFLOW Quadrant, and Rich Dad's Guide to Investing, have been on the top 10 best-seller lists simultaneously on The Wall Street Journal, USA Today and the New York Times.

Rich Kid Smart Kid was published in 2001, with the intent to help parents teach their children financial concepts. He has created three "Cashflow" board and software games for adults and children and has a series of "Rich Dad" audio cassettes and disks.

Quoted from Wikipedia

Ten Chapters In This Book

  • Chapter One
  • Rich Dad Poor Dad

  • Chapter Two
  • Lesson One: The Rich Don't Work for Money

  • Chapter Three
  • Lesson Two: Why Teach Financial Literacy?

  • Chapter Four
  • Lesson Three: Mind Your Own Business

  • Chapter Five
  • Lesson Four: The History of Taxes and the Power of Corporations

  • Chapter Six
  • Lesson Five: The Rich Invest Money

  • Chapter Seven
  • Lesson Six: Work to Learn: Don't Work for Money

  • Chapter Eight
  • Overcoming Obstacles

  • Chapter Nine
  • Getting Started

  • Chapter Ten
  • Still Want More?

Buy this book right now if you haven't read it

The Book that Rocked the Financial World!

J.P. Morgan Company declares "Rich Dad Poor Dad: A must read for Millionaires"

Rich Dad, Poor Dad: What the Rich Teach Their Kids About Money--That the Poor and the Middle Class Do Not! (Miniature Edition)

Amazon Price: $2.14 (as of 06/04/2012)Buy Now

  • Explode the myth that you need to earn a high income to become rich

  • Challenge the belief that your house is an asset

  • Show parents why they can't rely on the school system to teach their kids about money

  • Define once and for all an asset and a liability

  • Teach you what to teach your kids about money for their future financial success

Rich Dad Poor Dad (Robert Kiyosaki)

How to Make Money Pt.1

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Other books from Robert T.Kiyosaki

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Rich Dad Cash Flow

Give your children the financial head start necessary to thrive in today's fast paced and changing world. Schools teach children how to work for money. CASHFLOW for Kids teaches children how to have money work for them. CASHFLOW for Kids is a complete educational package which includes the book "Rich Dad's Guide to Raising Your Child's Financial I.Q." CASHFLOW for Kids is recommended for children ages 6 and older.

Rich Dad Cashflow for Kids

Amazon Price: $39.95 (as of 06/04/2012)Buy Now

  • Makes learning fun
  • Give your children a head start on learning about finance
  • "Rich Dad's Guide to Raising Your Child's Financial I.Q." book included
  • Complete educational package
  • Recommended for children 6 and up

Rich Dad Poor Dad Game

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Other Good Financial Books

Money Mastery-10 Principles That Will Change Your Financial Life Forever
Money Mastery-10 Principles That Will Change Your Financial Life Forever is written by Sanford C. Botkin, Peter R. Jeppson and Alan M. Williams. This is my second investment book about "money", my first investment book isThe Bogleheads' Guide To Investing, which is an excellent investment book for beginner.
THE BOGLEHEADS' GUIDE TO INVESTING
The authors of "The Bogleheads' Guide To Investing" are Mel Lindauer, Michael LeBoeuf and Taylor Larimore. This is a good book about investment, especially for beginner. The authors almost cover all the basic investment knowledge, you can understand them easily even you are totally new for investing, just like me. I learn a lot of things when I was reading this book, for example, how to choose the insurance type and how to manage our income. If you are NOT interested in investing in the future, this is still one of the MUST read book in your life
The Neatest Little Guide to Stock Market Investing Book Review
This book is a MUST read book for Fundamental Analysis investor. The author provide concise, clear and high effective method for stock trading. This fourth edition come with updated and new contents.
Trading for a Living: Psychology, Trading Tactics, Money Management
A book for those who want to be the WINNER in the stock market. This book includes all popular technical approaches to futures, options and stock markets, including moving averages, point-and-figures charting and market logic.
The Naked Trader: How Anyone Can Still Make Money Trading Shares
If you hate fundamental or technical analysis, this book will be a right choice for you! Robbie Burns provides simple but effective trading strategies in the stock market. A MUST read book for beginner investor!

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Any other financial books you would recommend?

Thanks for sharing!

  • BryanLSC Apr 8, 2012 @ 2:20 pm | delete
    The 5 Rules for Successful Stock Investing by Pat Dorsey
  • giftskingdom Apr 17, 2012 @ 11:28 am | delete
    are you NTU student?
  • PowerDividends Mar 26, 2012 @ 12:14 am | delete
    great book!
  • azmilsyahmi Mar 21, 2012 @ 10:59 am | delete
    There is another great book which is mentioned in one of Robert Kiyosaki's book- The Richest Man in Babylon.
  • giftskingdom Mar 30, 2012 @ 9:36 am | delete
    yeah
    thanks for reminding =)

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