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Rich Dad, Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not! (1997)

by Robert T. Kiyosaki, Sharon L. Lechter

Other authors: See the other authors section.

Series: Rich Dad

MembersReviewsPopularityAverage ratingMentions
8,1451471,050 (3.58)36
Taking to heart the message that the poor and middle class work for money, but the rich have money work for them, the author lays out a financial philosophy based on the principle that income-generating assets always provide healthier bottom-line results.
  1. 10
    Financial Peace Revisited by Dave Ramsey (fulner)
    fulner: I really feel like Ramsey and Kiyosaki's works compliment each other. Kiyosaki's is actually more challenging and has more intellectual reasons of HOW and WHY things work, while Ramsey is more nuts and bolts "do this or you are screwed" and works on them heart strings. Get both, and stay out of debt.… (more)
  2. 00
    The Secret by Rhonda Byrne (Osko2k)
  3. 00
    The Intelligent Investor: A Book of Practical Counsel by Benjamin Graham (John_Titor)
    John_Titor: This book is what you need for understanding the stock market and start your journey into stock assets!
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» See also 36 mentions

English (136)  Spanish (5)  German (2)  French (1)  Italian (1)  Portuguese (Brazil) (1)  Norwegian (1)  All languages (147)
Showing 1-5 of 136 (next | show all)
NF
  vorefamily | Feb 22, 2024 |
3.5 stars. Interesting blend of anecdotes, weasel tactics and solid advice on personal finance. ( )
  jd7h | Feb 18, 2024 |
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. ( )
1 vote MXMLLN | Jan 12, 2024 |
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. ( )
  siamm | Aug 20, 2023 |
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 ( )
  muhammadishaque | Aug 17, 2023 |
Showing 1-5 of 136 (next | show all)
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» Add other authors (2 possible)

Author nameRoleType of authorWork?Status
Robert T. Kiyosakiprimary authorall editionscalculated
Lechter, Sharon L.main authorall editionsconfirmed
Hoye, StephenNarratormain authorsome editionsconfirmed
Biseth, DagTranslatorsecondary authorsome editionsconfirmed
Meskó, KrisztinaTranslatorsecondary authorsome editionsconfirmed
Panster, AndreaÜbersetzersecondary authorsome editionsconfirmed
Sau, SiiriTÕlkijasecondary authorsome editionsconfirmed
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Dedication
This book is dedicated to all parents everywhere, a child's most important teachers.
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I had two fathers, a rich one and a poor one.
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(Click to show. Warning: May contain spoilers.)
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Taking to heart the message that the poor and middle class work for money, but the rich have money work for them, the author lays out a financial philosophy based on the principle that income-generating assets always provide healthier bottom-line results.

No library descriptions found.

Book description
Haiku summary
"How I got rich" is

the book's main theme, with folk-y

stories to prove points.

(legallypuzzled)

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Average: (3.58)
0.5 8
1 71
1.5 7
2 143
2.5 25
3 327
3.5 47
4 430
4.5 20
5 333

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Hachette Book Group

4 editions of this book were published by Hachette Book Group.

Editions: 0446677450, 1586210912, 1570429596, 044656740X

 

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