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Robert T. Kiyosaki and Sharon L. Lechter - Rich Dad Poor Dad: What the Rich Teach Their Kids About Money-That the Poor and Middle Class Do Not!

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Robert T. Kiyosaki and Sharon L. Lechter - Rich Dad Poor Dad: What the Rich Teach Their Kids About Money-That the Poor and Middle Class Do Not!
 
 
 
 
 
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Product Review

Here's EXACTLY how to escape the RAT RACE!

by   gtrkev ,   Nov 26, 2002

Pros:  Gives the reader a fresh look at how to really become financially independant.

Cons:  A bit repetitive, but only to make a point.

The Bottom Line:  A great book if you are even considering investing in real estate.

Overall Rating: 5/5 stars
 

Author's Review

I have read the review "How do I get out of the Rat Race?" A great review of the book in that is summarizes the main points extremely well, but I must add, the author of "Rich Dad, Poor Dad" tells you exactly how to get from "A" to "B". And the answer is... Investment Real Estate.

Does he tell you exactly how to buy that first property? Well no. That's up to you. May I suggest a course from Carleton Sheets -- "No money Down". It will tell you step by step how to do it. And, YES, the course does work. But there are plenty of other how-to books and courses on the subject as well.

Investment real estate has worked extremely well for me over the last 4 years.

His second bit of "A" to "B" advise is to start a business. There are plenty of "how to" books on that, too. But, for me, I know that wouldn't work. It's just not my bag. I have found other ways to make money that suit me better. However, I personally know several people who have hit it big by having there own business. So I know it does work.

That's why the author leaves the solution up to the reader... each person must use what he/she feels will work. The key is to make money somehow, and then invest it wisely (in "true assets", i.e. things that produce CASH FLOW). So your money works, and you don't have to.
 

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Paperback, Rich Dad Poor Dad

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Taking the message that the poor and middle class work for money, but the rich have money work for them to heart, personal-finance author and lecturer...
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Taking the message that the poor and middle class work for money, but the rich have money work for them to heart, personal-finance author and lecturer...
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Audio - Compact Disc, Rich Dad Poor Dad

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Kiyosaki learned early on that the real reason the rich get richer and the poor get poorer is the financial savvy passed down from one generation to t...
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Kiyosaki learned early on that the real reason the rich get richer and the poor get poorer is the financial savvy passed down from one generation to t...
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General Business & Economics - In Rich Dad, Poor Dad , Robert Kiyosaki explains how to make your money work hard for you instead of you working h...
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