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Why the Rich Are Getting Richer
- Narrated by: Scott Merriman
- Length: 6 hrs and 42 mins
- Unabridged Audiobook
- Categories: Money & Finance, Personal Finance
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Many Americans dream of financial freedom, but they're stuck in dead-end jobs and don't know how to get there. You don't need to be one of them. If you invested $35,000 in the stock market today, it could take 52 years for that investment to grow to $1 million. But if you invested that same amount into one single-family $140,000 rental property, it would only take 19 years. With just two rental properties, you could generate $417,000 in profit in just 10 years. Skeptical?
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Volume II of The Multifamily Millionaire series is the definitive guide to investing in large multifamily properties - all based on the authors’ experience of starting with nothing and building their real estate portfolios to thousands of units. Brian Murray (author of Crushing It in Apartments and Commercial Real Estate) and Brandon Turner (cohost of The BiggerPockets Podcast) share the secrets to their success in large multifamily investing with proven methods and practical advice that will help take your investment strategies to the next level.
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Good info but a little basic
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Rich Dad Poor Dad is Robert's story of growing up with two dads - his real father and the father of his best friend, his rich dad - and the ways in which both men shaped his thoughts about money and investing. The book explodes the myth that you need to earn a high income to be rich and explains the difference between working for money and having your money work for you. In the 20th anniversary edition of this classic, Robert offers an update on what we’ve seen over the past 20 years related to money, investing, and the global economy.
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Great info just missing diagrams
- By Amazon Customer on 2019-05-23
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Rich Dad's Retire Young Retire Rich
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If you don't plan on working hard all your life... this book is for you. If you're ready to retire (or want to retire early enough to enjoy your retirement years) you can learn from Robert's story of how he and his wife Kim started with nothing and "retired" - financially free - in less than 10 years. This book makes the case for how a context shift in the way we think about money and investing allows us to see opportunities others miss and create the life you deserve.
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Repetitve
- By David S on 2019-08-14
Written by: Robert T. Kiyosaki
Publisher's Summary
It’s Robert Kiyosaki’s position that, “It is our educational system that causes the gap between the rich and everyone else.” He laid the foundation for many of his messages in the international bestseller Rich Dad Poor Dad - the #1 Personal Finance book of all time - and in Why the Rich Are Getting Richer, he makes his case....
In this book, the listener will learn why the gap between the rich and everyone else grows wider.
In this book, the listener will get an explanation of why savers are losers.
In this book, the listener will find out why debt and taxes make the rich richer.
In this book, the listener will learn why traditional education actually causes many highly educated people, such as Robert’s poor dad, to live poorly.
In this book, the listener will find out why going to school, working hard, saving money, buying a house, getting out of debt, and investing for the long term in the stock market is the worst financial advice for most people.
In this book, the listener will learn the answers Robert found on his life-long search, after repeatedly asking the question, “When will we learn about money?”
In this book, the listener will find out why real financial education may never be taught in schools.
In this book, the listener will find out “What financial education is...really.”
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What listeners say about Why the Rich Are Getting Richer
Average Customer RatingsReviews - Please select the tabs below to change the source of reviews.
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- derrick j campbell
- 2019-12-19
repeat of the same stuff
his book should be about how to take extremely limited info.repeat it in as many books as people will buy and retire rich.dont waste your money
3 people found this helpful
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- Raymond Yeung
- 2020-06-09
Waste of time and money!
Concepts are discussed superficially. These ideas are already freely available on the internet. Chapter after chapter of rambling and meaningless chatter. Doesn't teach anything useful or applicable. A waste of time and money.
1 person found this helpful
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- Kevin McKinnon
- 2019-08-22
Very motivational book!
Great read, motivated me to get into realestate, start businesses, and avoid employment. Very good examples were used to explain things. The book repetitive, but that's a good thing. I remember the concepts better because of hearing it more than once.
1 person found this helpful
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- KingofHeat!
- 2019-01-28
Pretty informative...
This is a link I found on the author - the show is called Marketplace and they investigate and review potential scams;
https://www.cbc.ca/news/rich-dad-seminars-deceptive-marketplace-1.877709
I don't know, it's like the author is just telling his story and how it worked out for him. He keeps mentioning a $385 real estate course that he took and that it was the best money he ever spent. I believe he offers a similar course not sure of the price (check the link above). All these millionaires got rich in the real estate business - which a lot of people could've (and have!) done if they had been (or were) in his shoes - does that make them a genius? No the markets were just good and they made a fortune before the next crash. Also the game he invented that he mentions many times is also for sale at around $185 Canadian - for a game. He mentions he learned on Monopoly but last time I checked Parker Bros. wasn't charging nearly that much - for the most popular game in the world. That and the many books he has for sale makes me think that the authors of these financial books are there to make more money for themselves. What better way than to sell advice that, if you don't use, could be construed as your own fault because you're just "not motivated" - all the while you get poorer for buying these books and games while he reaps the rewards.
That aside - I am going to try to use some of the info without buying anything from him except this audiobook. It is very informative and I intend to re-listen to it several times. Perhaps then I will get a greater understanding of what It has to teach. The way the government gives tax breaks to the rich was certainly an eye-opener! Made me understand both much more.
P.S. If I get rich I will be back to offer an update (and a book) lol
3 people found this helpful
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- S.V.G.
- 2018-12-03
BEST OF THE BEST
As mentioned in the book, this is the graduate school version of Rich Dad Poor Dad. I have loved listening to every second of this book, often stopping, respecting segments to make sure I fully get it. I will be listening to it again right away. I read/listen to many books on money and spirituality, and this particular one was my favourite. I now have a better grasp on the tax allocation system. I feel like I can make better decisions right away because of the knowledge I’ve gained. I can’t believe I’ve already finished the book, it was so yummy. I want more!
1 person found this helpful
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- Anthony
- 2021-06-20
Perfect!
I really recommend this book! This is so much inspiring and as always Kiyosaki is breathtaking!
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- Erica
- 2020-09-26
Great knowledge and powerful tools!!
Loved this book, so important for self education and financial education in order to get ahead in life. Must read!
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- Joshua Splaine
- 2020-01-13
Not Made For Audio
There is a fair bit of good information in this book but it was never written with Audible in mind. The structure of the book does not lend itself to a good listening experience. I would recommend you buy the kindle edition and use your hard earned money to buy another audio book that flows better.
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- Irvin
- 2019-12-21
Eye Opening Book
Excellent book and well narrated. This Book Opened My Eyes to a World I didn't know existed.
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- Chris
- 2019-06-18
Interesting insight
I've never read Rich Dad Poor Dad but I understood the message he was getting across. The old fashion way of going to school, getting a degree, and landing a high paying job days is ancient history. If you really want to be very wealthy. Being an entrepreneur is the way to go. He doesn't dress it up and uses layman terms to explain his points. My issue is when he talks about rich dad and lessons he learned as a child, which according to internet sources is made up fiction. Regardless the message still holds weight. Like all things we are a changing society and with it the gap between the rich and the poor. He talks about what sets the two apart. It makes sense. I'd like to continue reading more books on personal finance and will continue to educate myself. This is not a book that explains how to get from a to z but just breaks down in layman terms what really drives the economy. 8/10.
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- Thomas Webb
- 2018-11-27
Finally, It has arrived!
This is a book I have been waiting for to come out on CD for a long time, I pre-ordered is over a year ago. I have read every book that Robert T. Kiyosaki has published and this one is my favorite. You do need to read "Rich Dad, Poor Dad" and "the Cash-flow Quadrant" before getting this book. I say this because you need the fundamentals from these two books in order to fully grasp what this book has to offer. I would like to personally thank Mr. Kiyosaki for guiding me to financial success, and I hope you find the same success that I have found through his teachings.
21 people found this helpful
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- Roselle White
- 2020-03-28
Insufferable
Well shoot, this got buried in my library over year ago. What a waste of a credit. I felt like I was subjected to mean boss shaking his self righteous finger in my face, yelling how stupid that I am but never teaching me anything.
12 people found this helpful
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- Jorge Zelaya
- 2019-02-03
Didn't really get anything new from this book.
Most of the information is captured in his previous book. Its's basically recap of his other book.
10 people found this helpful
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- Antonio Rodgers
- 2018-12-01
Another great book!
I loved this book! I also appreciate the fact that Robert gives titles of other great books for us to use as we grow.
9 people found this helpful
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- Anonymous User
- 2019-12-05
Interesting as a book but repeatative in content
This is the third book I read from Rich dad series. it keeps talking about the importance of getting financial education but does not provide much financial education itself.
7 people found this helpful
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- SN
- 2020-09-28
Take the Red Pill
This book is like following the white rabbit down the hole into a magical world that only the elites know.
Public Screw messed up society all backed by tax dollars that you and I pay, just to create more drones in the system. I listened to the sample and the analogy of the monkey vs the pros compelled me to buy this audiobook.
You wanna know how the rich get richer? It's because of DEBT and TAXES.
That's what keeps us poor and the rich use that to their advantage.
Are you mad Trump pays almost nothing in income taxes? Buffet, Soros, Elon Musk, the list goes on!
This book will explain it in layman's terms.
Ok I'll tell you, he is an Active Investor and he get tax breaks and incentives to produce.
Developing land, drilling for resources, building projects, creating jobs that will provide taxes.
Producers make food, fuel, and products for society. It's called Capitalism.
If Government doesn't let these amazing people create or build by giving them tax breaks,
but instead builds it, that's called socialism.
This book will teach you to increase your Financial Intelligence. It's a journey.
Some will get there faster than others but if you are willing you will make it.
lastly. Public Screw punishes mistakes. We all learn through mistakes, it's why many super rich people
dropped out of college because of this perpetuating fallacy of punishing mistakes.
You can't learn if you don't take risks or make mistakes, but the most important thing is,
you MUST learn from your mistakes! And don't be hard on yourself if you fail your test.
"To fail is to succeed. And to succeed is to not fail" by learning from mistakes and always learning...
This is the tip of the iceburg, there are lots of topics and discussions all very very valuable and eye opening.
The narrator I wanna give props to for being so clear and concise.
Unlike other audiobooks who sound too emotional or drunk with slurred speech, "Old Man and the Sea" anyone?
5 people found this helpful
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- Mick
- 2018-12-12
Another Home Run from Kiyosaki!!!
This is the 3rd book that I've listened to from this author, I liked it so much that I ordered the physical book & can't wait to read it.
This author just gets it. He is "The Man"
The narrator is incredibly good.
Buy this audio book, you WILL enjoy it.
3 people found this helpful
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- Hanna Minkin
- 2018-12-01
Good book to listen
Good book, learned something - good debt is good, create many assets with CF and keep investing.
7 people found this helpful
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- eric
- 2018-12-02
Like all your books! Great book!
Robert is the best financial teacher there is alive. Listened to all your books. Never let me down! Can't wait for your new book FAKE next year! Learn, apply and teach others!
Keep it up Robert!
2 people found this helpful
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- Andrea
- 2022-01-06
Great follow up to Rich dad Poor dad
I first read rich dad poor dad about 10 years ago, and then I reread it before reading this book. I absorbed so much more this go around, and this book is in fact the next level I’ve been looking for! I’m excited to start implementing the ideas that were swirling in my head as I was reading.
1 person found this helpful