Rich Dad Poor Dad: What the Rich Teach Their Kids About Money - That the Poor and Middle Class Do Not! Audible Audiobook – Unabridged
Rich Dad Poor Dad is the #1 personal finance book of all time. Listen today to set yourself up for a wealthy, happy future.
Robert Kiyosaki’s easy tips and straight talk will…
- Explode the myth that you need to earn a high income to become rich
- Challenge the belief that your house is an asset
- Define once and for all an asset and a liability
- Show parents why they can’t rely on the school system to educate kids about money
- Clearly lay out what to teach kids about money for their future financial success
With an incredible number of 5-star reviews, Rich Dad Poor Dad has challenged and changed the way tens of millions of people around the world think about money. With perspectives that often contradict conventional wisdom, Kiyosaki has earned a reputation for irreverence and courage. He is regarded worldwide as a passionate advocate for financial education. His easy-to-understand audiobook empowers you to make changes now - and enjoy the results for years to come.
"The main reason people struggle financially is because they have spent years in school but learned nothing about money. The result is that people learn to work for money… but never learn to have money work for them."
--Robert Kiyosaki Rich Dad Poor Dad - The #1 Personal Finance Book of All Time!
“Rich Dad Poor Dad is a starting point for anyone looking to gain control of their financial future.”
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|Listening Length||6 hours and 9 minutes|
|Author||Robert T. Kiyosaki|
|Audible.in Release Date||15 June 2012|
|Best Sellers Rank|| #6 in Audible Books & Originals (See Top 100 in Audible Books & Originals) |
#2 in Personal Finance
#2 in Investing & Trading
#37 in Personal Transformation
Reviewed in India on 30 August 2019
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Top reviews from India
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"Having money to burn, the child goes to places where other young people just like them hang out, and they meet people, they date, and sometimes they get married. Life is wonderful now, because today, both men and women work. Two incomes are bliss. They feel successful, their future is bright, and they decide to buy a house, a car, a television, take vacations and have children. The happy bundle arrives. The demand for cash is enormous. The happy couple decides that their careers are vitally important and begin to work harder, seeking promotions and raises. The raises come, and so does another child and the need for a bigger house. They work harder, become better employees, even more dedicated. They go back to school to get more specialized skills so they can earn more money. Maybe they take a second job. Their incomes go up, but so does the tax bracket they're in and the real estate taxes on their new large home, and their Social Security taxes, and all the other taxes. They get their large paycheck and wonder where all the money went. They buy some mutual funds and buy groceries with their credit card. The children reach 5 or 6 years of age, and the need to save for college increases as well as the need to save for their retirement.
The best book which will tell you about the monetary system, economy, difference between rich and poor, corporates and job people.
The method used and the logic used in the book is amazing. I was amazed to read some of the few facts. Some even blew my mind.
I would recommend everyone to read this book atleast once in their life.
I first read Kiyosaki's Rich Dad Poor Dad book more than 10 years ago, when I had just started my career. Though a lot of what was mentioned went above my head initially, I could soon imbibe the brilliance of what Kiyosaki was trying to convey. Even now, as I re-read the book again, I can see that what Kiyosaki's advice is based on two sound financial principles.
1. Importance of building assets over liabilities
Middle class tends to focus on acquiring best education, in the form of prestigious degrees. With better education comes the need for higher living standards, which mean build up of liabilities like expensive cars, club memberships etc, which drain one of money. Kiyosaki illustrates how to build assets using his personal story - his biological dad who was highly educated, but ended up being broke; while his other dad (friend's dad) who was not that educated, but went on to become really rich.
2. Importance of financial education
Kiyosaki explains the need for people to understand the basic tax laws, various financial instruments. Though this book barely scratches the surface when it comes to explaining any of these concepts, it is a very good starting point for anyone who is concerned about learning to build wealth.
Remember - this book is not a silver bullet that will solve all your financial woes. This book encourages behavioral change, asking everyone to invest more in assets that can then build even more assets. Use this book as a starting point. However, I will say that this book is a must read for any employed middle class professional.
The book gives a new perspective to the role of financial intelligence. It contradicts the widely accepted thought of why going to school, getting a job and working hard can never make you rich with good reason.
After I read it I felt like a fool believing all my life to become rich by getting salary hikes. Job is the game of middle class while business and investment is where the true wealth lies.
Time and mind are the biggest gift every person has.
Use your mind to learn and it will be more valuable than money. Choose to use your time for learning and finding opportunities and bargains to build your assets or waste it in watching TV all day long. That makes all the difference between rich and poor.
This book is a paradigm shift for poor man's way of thinking. This also clearly shows why the rich are rich and the poor are poor.
There may not be much for the business men and investors but for people on the left side of cash flow quadrant(employee and self employed) this book can provide an all new world of possibilities.
Top reviews from other countries
On the other hand this book reads as very insincere and the stories which the author tries to portray as real life examples all come across as hypotheticals. I'm tempted to say that this best selling author who is supposedly an investor has probably made the bulk of his profits through this book and not investments. I say this because his own personal investments relayed in the book are not very detailed and provide no lessons. They are simply a repetition of - I bought a property at a cheap price and sold it at a profit... every time.
I'm disappointed in myself for having contributed to the authors business but there was a little benefit, though maybe not worth the investment. This is my first exposure to business related books. I'm sure there are better out there so my advice would be to start elsewhere.
Dazu kommt, dass das Buch nicht zu wenig Eigenwerbung enthält. Du willst mehr bzw. überhaupt Mal was konkretes dazu wissen? Dann kaufe mein anderes Buch und melde dich auf meiner Website an und spiele dieses und jenes Spiel!
Selbst jemand, der absolut keine Ahnung von Geld hat, wird aus diesem Buch nicht schlau werden. Es gibt vielleicht knapp 10 bullet points, die durchaus hilfreich sind, aber auch durchweg schwammig beschrieben werden.
Das Buch liest sich wie eine aufgepimpte Biografie mit jeder Menge zu Finanztipps aufgeblasenen Binsenweisheiten.
Ich verstehe den Hype um dieses Buch nicht. Es ist verdammt schmal im Inhalt, liest sich dafür aber flott und leicht. Trotzdem gibt es von mir keine Empfehlung.
I agree with a lot of what is said.
Who really wants to work hard for lot of hours for mediocre pay to make someone else rich?
Rather than spending time reading gossip magazines and fiction, use the time to read and learn about money and earning large quantities of it.
If you want an appraisal of the author's career, have a read of his entry on Wikipedia.