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Loading... Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not! (original 1997; edition 2017)by Robert T. Kiyosaki (Author)
Work InformationRich Dad, Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not! by Robert T. Kiyosaki (1997)
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Sign up for LibraryThing to find out whether you'll like this book. No current Talk conversations about this book. NF 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. no reviews | add a review
Belongs to Series
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. |
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Google Books — Loading... GenresMelvil Decimal System (DDC)332.024Social sciences Economics Finance Miscellany And Personal Finance Personal FinanceLC ClassificationRatingAverage:
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