Rich Dad Poor Dad kindle ´ 195 pages Ö Robert T Kiyosaki

book Þ Rich Dad Poor Dad ↠ Robert T. Kiyosaki

Rich Dad Poor DadEd to earn a high income to be rich and explains the difference between working for money and having your money work for yo This book has taught me the difference between an asset and a liability something I am still pondering right now and probably will for the rest of my life

Robert T. Kiyosaki ↠ Rich Dad Poor Dad book

H dad and the ways in which both men shaped his thoughts about money and investing The book explodes the myth that you ne This book has a picture of the author on the cover I should’ve considered myself warned But here’s the thing I’m 28 years old married with no kids spent the better part of the last 10 years at uni and I work full time I have spent my entire life studiously avoiding economics finance accounting and all associated disciplines instead always choosing the historypoliticssocial sciences path and then studying law As a result I have a big gaping hole in my knowledge and no idea about what to do with the money that I’m currently saving Also I have this thing where I through phases of obsessively reading and learning about new things A few months ago it was fish and auariums I’m not kidding Now it’s learning about finance I actually can’t believe I’m writing this but I amRich Dad Poor Dad is a book that both taught me some things and made my blood boil It borders on negligent in many areas and is downright offensive in the guise of being ‘helpful’ I absolutely agree with one of the premises that many people are financially illiterate I also agree that many people aren’t able to teach their kids money stuff because they don’t know that much themselves This book made me think about what I’m doing with my money and gave me some insight into the kind of things I am now going to look into and research But it also scared me This book is a libertarian’s wet dream that was written to be a bestseller He won I guessIt’s terribly written – it really is abysmal This book bats you over the head with a few ideas one of which is that The Poor should just stop being so poor through numerous “conversations” with his Rich Dad who is supposedly the father of his friend It’s horrendous dialogue; it actually I just can’t It’s horrible It talks about his father the Poor Dad who is university educated and hard working but supposedly foolishly believes that getting an education and then a secure job is a waste of time Education – what a joke right? What a waste of time and money that could otherwise be spent on high risk ventures that will always make you millions That can be further invested to make billions Rich Dad however never finished high school and owns numerous companies that employ The Poor read stupid idiots who work for him because they’re The Poor Rich Dad teaches us how The Rich do things and why that’s all we need to do to join their ranksThe thing is not everybody is afforded the same opportunities and the point about high risk is that risks are high Sometimes it all comes crashing down The world is not comprised of “the rich” “the middle class” and “the poor” and even if you look at it that way it is a dangerous and derogatory to consider that people are poor because they don’t make their money work for them Because they’re “losers” I shit you not who are too scared to take a risk It is fervently anti intellectual It totally disregards that not everybody has the capacity or opportunity to “pay themselves first” before paying bills or uit their job to make money work for them Money doesn’t just come to you if you try hard enough Sometimes you need to actually pay your bills because there are real life conseuences to failing to do so Like your utilities being disconnected Your credit rating being destroyed In my view and in reality not everybody can be an employer Employers need employees There is actual intrinsic value to things other than being an employer running a company and making money Things like helping people making things research writing hell – even working I find it scary that people would pick this book up be motivated by it because if nothing else it’s motivating Because everyone can be The Rich and be lulled into a false sense of entitlement purpose and safety by its messages I imagine that in person Kiyosaki is a cult leader type person As I mentioned I’m not well versed in financial or economic things – but I can smell bullshit and see when inconvenient facts or complications are glossed over This one is getting filed in the bin and I’m going to continue my learning elsewhere

kindle Rich Dad Poor Dad

Rich Dad Poor Dad kindle ´ 195 pages Ö Robert T. Kiyosaki Ö 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 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 ric This book may do a good job of getting you excited about your financial future but the false information it teaches negates any benefitsI believe this book does a disservice to the public I suspect it was written to appeal to those who are failing in the world's conventional definition of success Didn't go to college? Can't hold down a stable job? Good for you You haven't fallen for that waste of time and stupid rat race like all those other suckersSaying that higher education isn't worthwhile is misleading I agree it isn't essential and possibly not even helpful in rare circumstances but the high correlation in the general public between education and wealth cannot be ignoredHe also gives poor advice in finances and investing For example not adhering to diversification Or getting out of a stable job aka rat race where even if you win you're still a ratThe author praises learning correct accounting but then proceeds to butcher even the most fundamentals For example his first rule is You must know the difference between an asset and a liability but then he proceeds to claim that your home is a liability not an asset Completely backwards Any accountant will tell you soThe book is full of exaggerated and sometimes completely false anecdotes for example it appears the entire premise of the book is false there never was a rich dad and Robert wasn't wealthy until he embraced MLM and started selling get rich booksIf you just want some motivation please try another book such as The Millionaire Next Door If you want sound personal financial advice please read The Only Investment Guide You'll Ever NeedSee for an in depth critiue of Kiyosaki and charts showing the correlation between education and wealth