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

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Authors: Robert T. Kiyosaki, Sharon L. Lechter
Creator: Stephen Hoye
Publisher: Hachette Audio
Category: Book

List Price: ~~$17.98~~
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Avg. Customer Rating: 4.0 out of 5 stars

2199 reviews
Sales Rank: 356136

Format: Abridged, Audiobook
Media: Audio Cassette
Edition: Abridged
Number Of Items: 2
Shipping Weight (lbs): 0.1
Dimensions (in): 6.7 x 4.2 x 0.8

ISBN: 1570429596
Dewey Decimal Number: 332.024
UPC: 070993295943
EAN: 9781570429590
ASIN: 1570429596

Publication Date: January 1, 2000
Availability: Usually ships in 1-2 business days

Also Available In:

•	Paperback - Rich Dad, Poor Dad: What the Rich Teach Their Kids About Money--That the Poor and Middle Class Do Not!
•	Paperback - Rich Dad, Poor Dad: What the Rich Teach Their Kids About Money--that the Poor and Middle Class Do Not!
•	Paperback - Rich Dad, Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not
•	Paperback - Rich Dad, Poor Dad (Rich Dad)
•	Unbound - Rich Dad Poor Dad: What the Rich Teach Their Kids about Money--That the Poor and Middle Class Do Not!
•	Hardcover - Rich Dad, Poor Dad: What the Rich Teach Their Kids About Money--That the Poor and the Middle Class Do Not!
•	Paperback - Rich Dad, Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Don't
•	Library Binding - Rich Dad Poor Dad: What the Rich Teach Their Kids About Money - That the Poor and the Middle Class Do Not! (Rich Dad)
•	Hardcover - Rich Dad, Poor Dad: What the Rich Teach Their Children About Money That the Poor and Middle Class Don't
•	Paperback - Rich Dad, Poor Dad
•	Unbound - Rich Dad Poor Dad: What the Rich Teach Their Kids about Money--That the Poor and Middle Class Do Not!
•	Audio CD - Rich Dad Poor Dad: What the Rich Teach Their Kids about Moneythat the Poor and the Middle Class Do Not! (Rich Dad)
•	Audio Download - Rich Dad, Poor Dad: What the Rich Teach Their Kids About Money - That the Poor and Middle Class Do Not!
•	Kindle Edition - Rich Dad Poor Dad

Accessories:

•	Sony WMFX479 Walkman

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•	Rich Dad's Advisors: The ABC's of Real Estate Investing: The Secrets of Finding Hidden Profits Most Investors Miss (Rich Dad's Advisors)
•	The Millionaire Next Door
•	The Richest Man in Babylon

Editorial Reviews:

Product Description
This text aims to show you what to teach your children about money for their finacial success; defines an assest and a libaility; shows parents why they can't rely on schools to teach their children about money; and explodes the myth that you need a high income to be rich.

Customer Reviews: Read 2194 more reviews...

3 out of 5 stars

Fun reading November 16, 2008
Easy fun reading -Interesting learning tool-Plan on finding the Cash flow game under the Christmas tree this year for some fun family time with an educational twist.

5 out of 5 stars

This Book Changed My Life! November 10, 2008
This is a MUST read book if you want to obtain financial freedom. Personally, this book totally changed my life!!

5 out of 5 stars

Greatest Personal Finance book! November 10, 2008
This is far by the greatest personal financial book! It sets the bar for all other books. It will change your life...highly recommend it for everyone.

4 out of 5 stars

Good but not a instruction book November 9, 2008
2 out of 2 found this review helpful

This book is pretty good because the basics it mentions are fairly good.
Its true that 90% of America does not know the different between a true asset and a liability. Financial money management is missing from most of education. If you listen to Dave Ramsey, he says many of the same things.

As for the tax advice and deferrments in this book, I wouldn't bet the farm on it. Yes, things like 1031 do exist but some of the advice like buying a corporate car with a personal corporation is illegal(although the accounting advisor at H&R block did inform me last year before I read the book that deducting mileage and gas on my car was a legal option). You can defer taxes forever on a few things, but not many of them and overall, taxes in America are progressive, not regressive as the author claims.

I did learn and was reminded of many important principles by this book and book series, but I'd take a much closer look at tax law before deducting anything.

1 out of 5 stars

Don't bother. Seriously. November 2, 2008
6 out of 7 found this review helpful

This book is all cliche and lies.

1. The author recommends that people join MLM to become "better salespeople".

2. The author shows a strong distaste to basic education. (He was held back sophomore year in high school.)

3. The author shows a lack of respect for his real father (poor Dad)

4. The author shows a way too basic math to demonstrate his profits.

5. The author makes recommendations that are flat out illegal (such as writing off vacations on the corporation...aka, tax fraud.)

So, don't bother reading it. You want the basics of the book? Here....

1. People work for money because they are in fear.
2. Rich people horde their money because they are in fear of losing it.
3. Schools don't teach people about money.
4. People who don't know about money will always be poor.
5. He will not show you how to make money, nor will he show you how to make money work for you. He'll give a couple examples that have mathematical and legal errors with regards to taxes.
6. He preaches to use corporations to save on paying taxes....news flash: corporations have double taxation. That's the price of the legal protections.

Anyway, there's the gist of the book. The only money that Robert Kiyosaki has ever made is from this book...it's motivational, but financially irrelevant. This book started it's circulation through Amway...think about that. He is speaking about money and recommends MLM...was this book designed to make the Amway people feel better about their decision to join MLM?

Think before you buy. And hopefully you'll put your money away.