Rich Dad Poor Dad

Hot Garbage For Sale

There is nothing of value inside these pages. The book is simplistic, repetitive, minimally informative, and overall cliche.
Let me save you some time. The picture is painted as if he had the benefit of learning from the advice of 2 dad's and making his own decision. Firstly, this is false since the rich Dad is actually his buddy Mike's dad and not his own. Secondly, he spends nine chapters shitting on his real father and praising his friends rich Dad.
There is no real advice inside this book. No knowledge on creating deals, sales; No useful advice on investing, negotiating, or creating capital; and generally not much of value at all. The author utilizes cliche one liners followed by the classic guise of creating false hope by saying all you need to do is try and you'll win. The author creates a false narrative of simplicity, all while speaking from a point of priveledge telling people to jump off mountains without a parachute because he did it while hovering above a security blanket.

this book could be summed up in two sentences: "Hey man it's easy, all you have to do is borrow thousands of dollars from random affluent contacts to start business ventures that should hopefully succeed, but you idiots are afraid to assume risk! If you take anything away from this book it should be that these stupid middle-class people don't know how to jump tax brackets while avoiding to pay taxes because they don't have a surplus of extra cash to dump into charities as a write-off."

Straight load of Hot Garbage.

24 people found this helpful

great book but....

The book itself is worth the buy and then some, the only reason I found it hard to finish was one thing that the narrator did. Constantly having to hear him have to "wet his lips" is irritating to the listener, especially when using headphones while listening. It's not normally a big deal unless it's something you have to hear every other sentence.

283 people found this helpful

This book will re shape your finance mind

This book will reshape how you think about money. It will truly show you what you have been doing wrong since you were a kid, what you were not taught and should have been taught when you were growing up. I wish I had some of the advice this book offers a few years back when I was younger it would have made a world of difference by now. It's never too late to learn though. Read this and act. Don't let the common emotions of the (chicken litttles) in this world steer you away from becoming a business owner or an investor. It's your freedom on the line and no one else's.

Thank you Robert God bless

100 people found this helpful

How is this pile a steamin poop so highly rated?

A complete hoax of a "guide" book by a predatory hustler. Recommends tax evasion, planned bankrupcy etc.

22 people found this helpful

Those who can't do....teach

This book wasn’t for you, but who do you think might enjoy it more?

People interested in getting rich quick scams

Would you ever listen to anything by Robert T. Kiyosaki again?

Absolutely not

Which scene was your favorite?

None

What character would you cut from Rich Dad Poor Dad?

Rich dad, since he seems to be an entirely fictional charater

Any additional comments?

It is reasonable advice that you should try to build assets (which is a fancy way of investing/saving in something with a reasonable return) and avoid assets that cost more than they pay (like being house-poor or car-poor). But you can save your money from buying this and stop there.

That's all this book has to offer. It's chalked full of economic inaccuracies. Capitalism doesn't allow businesses to arbitrarily raise their prices nor would it allow us to all "keep" our taxes if they suddenly don't exist (there's this thing called competition).

But after I was 3 quarters done with the book, I started wondering if the guy was ever going to give some concrete advice so I started googling his name. It turns out his ONLY early business success is teaching about business success. After separate bankrupt ventures in Velcro wallets and t-shrits, he started peddling how-to-get-rich books in the Amway pyramid, despite being unsuccessful himself. That eventually took hold and he started his education company. For me, it's a scam to sell knowledge you don't really seem to possess. Sure, the guy is rich now and dabbles in all sorts of things, but only after selling an idea that he was already successful which doesn't seems to be about as true as the existence of "Rich Dad".

327 people found this helpful

Outdated and ironic

I had read the paper version of this book in 2011 while attending grad school. Having little to no financial literacy at the time, the concepts were foreign but digestible. I would like to think that I took away some of the author’s broad themes after I completed the book.

Desiring an easy ‘filler’ book between two others, I recently returned to the audiobook version for a catch-up. One of the first things I noticed these six years later was that several of the anecdotes were outdated or misleading. Specifically, the continued referral to Donald Trump’s financial abilities. Now I’m not pretending to know everything there is to know about Trump’s financial status, but I thought he bankrupted his companies?

Which brings me to my last thought of irony. After finishing the audiobook this time around, I read a few articles online informing me that Kiyosaki (his company) has recently declared bankruptcy as well. Additionally, several countries have him and his business under intense scrutiny for fraud and scams. Again, I don’t know all the facts (and you should do your own research to build your own case) but I do find it somewhat worrisome that an author who’s trying to aid in financial intelligence and give us tools to increase our cash flow is himself in hot water financially and morally.

At the end of the day, it’s your time and money; do what you want with them. For me, I won’t be recommending this book again. I believe Kiyosaki’s time has past.

170 people found this helpful

Multi level marketing

Don't waste your time and if you don't believe me, just do your own research on the author and this book before listening to it. I looked into it after I burned my audible credit and the content in the book raised some red flags.

81 people found this helpful

READER NEEDS MORE TRAINING!!!

Would you listen to Rich Dad Poor Dad again? Why?

The book is very good!. The reader, Tim Wheeler, has not received proper breathing instruction to narrate a book. Some people don't breath while they speak. This is not a healthy habit. It is distracting to listen to a book where the reader holds his breath and gasps between pauses. It actully interrupts my breathing while listening to him.!!!

142 people found this helpful

Great Book - Bad Narrator

Would you try another book from Robert T. Kiyosaki and/or Tim Wheeler?

Robert - Yes
Tim - No

How could the performance have been better?

The narrator was constantly swallowing and making disgusting noises when he wasn't talking. The noises are loud and extremely unpleasant, especially when listening on earphones.

You didn’t love this book... but did it have any redeeming qualities?

The content was good.

155 people found this helpful

simplistic and self satisfied

What would have made Rich Dad Poor Dad better?

more research and less boasting; more solid information not just anecdotes

Has Rich Dad Poor Dad turned you off from other books in this genre?

this author

You didn’t love this book... but did it have any redeeming qualities?

basic points are good but never elaborated upon

77 people found this helpful