NF

3.5 stars. Interesting blend of anecdotes, weasel tactics and solid advice on personal finance. ( )

Information value: 7 / 10
Prose: 7
Content density: 2

I would strongly suggest reading a one-page summary of this book. It has more filler than anything I've encountered before. Rich Dad, Poor Dad is effectively unreadable.

The most important piece of advice in the book is that the rich create corporations to limit their tax exposure. ( )

I remember reading this book in middle school and being unimpressed. You won't learn anything in this book that you otherwise could learn in your high school economics class. Just knowing that you should maximize your assets, minimize your liabilities, increase your income, and decrease your expenses means you've read half the book already. If you know the difference between an income statement and a balance statement as well, you've basically read 3/4 of the book. He does briefly mention the *idea* of leveraging real estate and corporation deductions for taxes, but he doesn't delve deep (or even shallow) in either of them. I could potentially see the benefit of this book for someone who has absolutely no control over their finances, but even then there are much better alternatives out there. ( )

Rich Dad Poor Dad by Robert Kiyosaki and Sharon Lechter is a book that came out in 1997 and focuses on the importance of financial literacy from an early age. Throughout the book, the author explains how a person can increase their wealth by investing in assets and by being smart with money ( )