Rich Dad Poor Dad Pdf

Rich Dad Poor Dad What the Rich Teach Their Kids About Money – That the Poor and Middle Class Do Not Rich Dad’s CASHFLOW Quadrant Guide to Financial Freedom Rich Dad’s Guide to Investing What the Rich Invest in That the Poor and Middle Class Do Not Rich Dad’s Rich Kid Smart Kid Give Your Child a Financial Head Start Rich Dad’s Retire. Rich Dad, Poor Dad Page 4 The poor have day-to-day expenses, the middle class purchase liabilities that they think are assets (i.e., a home or a car), and the rich build a solid base of income-generating assets. The middle class finds itself in a constant state of financial struggle.

Rich Dad Poor Dad
Author	Robert Kiyosaki, Sharon L. Lechter
Country	United States
Language	English
Series	Rich Dad Series
Genre	Personal finance, entrepreneurship, business, investing, economics
Publisher	Warner Books Ed
April 1, 2000
Media type	Hardback and paperback
Pages	207
ISBN	0-446-67745-0
OCLC	43946801
332.024 22
LC Class	HG179 .K565 2000

Rich Dad Poor Dad is a 1997 book written by Robert Kiyosaki and Sharon Lechter. It advocates the importance of financial literacy (financial education), financial independence and building wealth through investing in assets, real estate investing, starting and owning businesses, as well as increasing one's financial intelligence (financial IQ) to improve one's business and financial aptitude. Rich Dad Poor Dad is written in the style of a set of parables, ostensibly based on Kiyosaki's life.^[1]

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1Reception

Reception[edit]

Praise and support[edit]

Rich Dad Poor Dad has sold over 32 million copies^[2] in more than 51 languages across more than 109 countries, been on the New York Times bestsellers list for over six years,^[3], launched a series of books and related products^[4]; and received positive reviews from some critics.^[5] American talk show host and media mogul Oprah Winfrey endorsed the book on her show. Another celebrity supporter is actor Will Smith, who said he taught his son about financial responsibility by reading the book.^[6] PBS Public Television station KOCE, aired a 55-minute presentation of Robert Kiyosaki titled 'A Guide to Wealth' in 2006 which essentially summarises his Rich Dad Poor Dad book. PBS also honoured Robert Kiyosaki with an excellence in education award in 2005.^[7]Donald Trump did a literary collaboration with Kiyosaki in 2006 called Why We Want You To Be Rich, Two Men One Message and a second book called Midas Touch: Why Some Entrepreneurs Get Rich — And Why Most Don't in 2011.^[8] American fashion entrepreneur and investor Daymond John has called the book one of his favorites.^[9] American rapper Big K.R.I.T. made a song called 'Rich Dad Poor Dad' though it had no connection to the book.^[10]

Criticism[edit]

John T. Reed, a critic of Robert Kiyosaki, says, 'Rich Dad, Poor Dad contains much wrong advice, much bad advice, some dangerous advice, and virtually no good advice.' He also states, 'Rich Dad, Poor Dad is one of the dumbest financial advice books I have ever read. It contains many factual errors and numerous extremely unlikely accounts of events that supposedly occurred.'^[11] Kiyosaki provided a rebuttal to some of Reed's statements.^[12] Slate reviewer Rob Walker called the book full of nonsense, and said that Kiyosaki's claims were often vague, the narrative 'fablelike', and that much of the book was 'self-help boilerplate', noting the predictable common features of such books were present in Rich Dad, Poor Dad. He also criticizes Kiyosaki's conclusions about Americans, American culture, and Kiyosaki's methods.^[1]

Publishing success[edit]

The book was originally self-published in 1997 before being picked up commercially to become a New York Times bestseller. It has since sold over 32 million copies and become a household name.^[13] In his audiobook Choose to be Rich, Kiyosaki said that every publisher turned him down, and Barnes & Noble refused to stock the book initially. He places his focus upon talk shows and radio show appearances, of which The Oprah Winfrey Show had the biggest influence on book sales.^[14] On April 2017 a 20th Anniversary edition of Rich Dad, Poor Dad was published and in a preface to this 20th Anniversary edition Robert T. Kiyosaki asserts that an estimated 40 million copies of the book had been sold worldwide.^[15]

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References[edit]

^ ^a^bWalker, Rob. 'If I Were a Rich Dad' in Slate, June 20, 2002.
^'Top Selling Personal Finance Book of All Time; Rich Dad Poor Dad NOW Available for FREE Download!'. www.businesswire.com. Retrieved 2017-07-30.
^'New York Times Best Selling Author of Rich Dad Poor Dad Robert Kiyosaki'. 2016-05-06. Retrieved 2017-07-30.
^'Rich Dad Poor Dad Summary'. www.booksummaryclub.com. Retrieved 2019-07-11.
^'Rich Dad, Poor Dad Review - Revisited Ten Years Later'. Investor Junkie. Retrieved 24 January 2016.
^Will Smith on making his kids read Rich Dad Poor Dad. 24 September 2010. Retrieved 24 January 2016 – via YouTube.
^'PBS Honors The Rich Dad Company with Excellence In Education Award – Press Releases on CSRwire.com'. www.csrwire.com. Retrieved 2017-07-30.
^Susanna Kim (Oct 12, 2012). ''Rich Dad, Poor Dad' Author Files for Bankruptcy for His Company'. ABC News. Retrieved 31 May 2014.
^'The Making of FUBU — An Interview with Daymond John'. Tim Ferriss. Retrieved 31 May 2014.
^'Video: Big K.R.I.T. Explains the 'Rich Dad Poor Dad' Video'. Retrieved 31 May 2014.
^'Spare us the finance evangelists and their false profits'. John T. Reed's Blog. September 3, 2015. Retrieved 2015-09-03.
^Robert Kiyosaki. 'Robert Kiyosaki's Public Response to John T. Reed's Review of 'Rich Dad Poor Dad''. Retrieved 2011-12-01.
^'GURUSPEAK : Robert Kiyosaki'. The Financial Express. Retrieved 24 January 2016.
^Choose to be Rich, Audiobook ASIN: B000CSXWXW
^Kiyosaki, Robert T. (2017). Rich Dad, Poor Dad. Plata Publishing. p. 7. ISBN9781612680194.

Bibliography[edit]

Rich Dad Poor Dad: What the Rich Dad Teach Their Kids About Money That the Poor and Middle Class Do Not!, by Robert Kiyosaki and Sharon Lechter. Warner Business Books, 2000. ISBN0-446-67745-0

External links[edit]

Retrieved from 'https://en.wikipedia.org/w/index.php?title=Rich_Dad_Poor_Dad&oldid=912962667'

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Preview — Rich Dad, Poor Dad by Robert T. Kiyosaki

(Rich Dad #1)

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.

Published December 1st 2007 by Time Warner Books UK (first published 1997)

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Rich Dad Poor Dad Pdf File

Dan rated it did not like it

Shelves: personal-finances, fiction

This book may do a good job of getting you excited about your financial future but the false information it teaches negates any benefits.
I 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 suckers!
Saying that higher education isn't worthwh..more

Jul 13, 2007L rated it it was amazing · review of another edition

This book is not just about money. It's about how we are taught to think; how we are programmed by schools, family, and friends to look at the rich as greedy no good bloodsuckers and opportunities as risks. It is an attempt to reprogram minds to look at why we do what we do. why do we buy all these shoes, clothes, cars, jewelry. have we earned it or are we just trying to maintain an image?
To me the most important thing it teaches is that being educated is the key. educated in our motives, in..more

Oct 12, 2014Allie rated it it was ok · review of another edition

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 history/politics/social sciences path, and then studying law. As a result, I have a big gaping hole in my knowledge, and no idea about w..more

May 26, 2007J.G. Keely rated it it was ok · review of another edition

I read this book while in an Entrepreneur phase. On one hand, it is rather inspiring, in a John Madden sort of way. You see, John Madden (American football broadcaster) always makes everything sound easy, which may be how he coached the Raiders to the superbowl. He'll say something like 'now what they need to do here is score a touchdown. I think that if they can do that, they will turn this game around'.
I still recall a memorable game where a quarterback's contact fell out, and while he and th..more

Aug 04, 2013Ahmad Sharabiani rated it liked it · review of another edition

Shelves: economic, psychology, 20th-century, non-fiction

Rich Dad , Poor Dad, Robert T. Kiyosaki, Sharon L. Lechter
Rich Dad Poor Dad is a 1997 book written by Robert Kiyosaki and Sharon Lechter. It advocates the importance of financial literacy (financial education), financial independence and building wealth through investing in assets, real estate investing, starting and owning businesses, as well as increasing one's financial intelligence (financial IQ) to improve one's business and financial aptitude. Rich Dad Poor Dad is written in the style of a..more

Read this one in 2004, but maybe I read an earlier edition..
I think I rated this one 5stars. I have to review my journals, it's been too long, I can't remember what I've written.
I'll be back with this one.. 😅😅😅

May 25, 2009Will Thomas rated it it was amazing

This book goes on my shelf of four books I read over and over, books I read devotionally. It totally revolutionized my outlook not only on making money, but also on education. I wish everyone would read this. I wish the close-minded, those who graduated from whatever school they attended and haven't allowed themselves a new thought since, could break through the stone walls they have erected around their souls and let this in. This message can save our world! I am not exaggerating.
(May 24, 2016)..more

Jan 21, 2009Danine rated it did not like it

I've been wanting to read this for a couple of years. After some recent events in my life I wanted to understand the financial thinking of people who were raised wealthy and those who were not. The first chapter was great. The storytelling was simple and informative. It made so much sense to me and I related to it. Then I started Lesson Two: Why Teach Financial Literacy. It was this chapter that I realized that homeboy Kiyosaki is quite pompous. I understand that he was using specific examples i..more

Mar 26, 2008Nola Redd rated it really liked it

Recommends it for: people who don't want to think 'poor' or want to learn about money

While driving for the Thanksgiving vacation, my husband and I listened to Robert Kiyosaki’s book, Rich Dad, Poor Dad, on CD. This book helped us to expand and to think outside the box when it came to money. It gave us many things to think about and other ways to view our finances. I enjoyed it so much that I not only listened to it twice on CD, but also read the book itself.
In his book, Kiyosaki reveals that he had two fatherly perspectives while growing up. His biological father maintained an..more

This is a GREAT book! I can definitely say it changed my life and they way I look at money and finances. For example, my husband and I bought investment properties after I had him read it as well. It is very easy and interesting to read. READ IT! READ IT! READ IT!
Here is one of my favorite lines from it, approximately quoted: 'I have never met a rich man who hasn't lost a lot of money, but I have met a lot of poor men who have never lost a dime.' True! SO TRUE. Everytime I lose money in an inves..more

Sep 14, 2007Samantha Cira rated it did not like it

Sorry, but this book is a bunch of mumbo-jumbo BS.
The concepts in this book, to me, are common sense and there are no concrete applications to his ideas. Yes, the poor get poorer while the rich get richer, there's a ground-breaking idea! Yes, most people don't know how to manage their money, we know, so how about telling us how?
The majority of the book is Kiyosaki wanking it, telling us stories about his life (which I don't even think are true).
If you want to learn about personal finance and inv..more

The life changing book that has been a personal finance best seller for over a decade written by author Robert T. Kiyosaki. This little book has changed the lives of many people and their perspective on money, who are in misery, not knowing how to make ends meet due to lack of financial education. The contents of this book, tells the story of a young man, who is the author himself, being brought up by his natural father the conventional way of getting a job, saving every penny, working hard and..more

Apr 29, 2018Shalini Sinha rated it liked it

Shelves: 100-best-business, business, economics, investing, kindle, finance

The signal to noise ratio is not very good in this book. But there are already many useful critical reviews on GR, so, I'll just talk about the important takeaways.
It's a generic self-help book which talks of 'what' one should do (/not do) and not 'how'. If one is looking for practical advices related to investing, this is not an apt book to pick up.
Important takeaways :
1) Be financially literate. This makes the majority of the content of the book. Have at least minimal knowledge of
a) Account..more

Nov 01, 2009Angela Randall rated it really liked it · review of another edition

Shelves: american-author, money, parenting-pregnancy-teaching, non-fiction, young-adult-educational-material, 1990-1999, essential-reading-for-teens, we-own, gtd-lifehack-self-help, business-entrepreneur-career

I thought this book was great! Along with being a very pleasant read it had many valuable financial lessons to teach us. I’ll quickly go through some of the very important points.
We really don’t get taught anything about financial management in school. I’m shocked at how many of my friends know nothing about how their credit card works, let alone how to use simple accounting to correctly assess their financial position. We need to have financial literacy to survive.
The book explores the types of..more

Jan 27, 2018Archit Ojha rated it it was amazing

A wonderful book for anyone who wants to be an entrepreneur. Enlightening about assets and liabilities, the book provides real life examples and scenarios.
A must read for the beginners.

Dec 19, 2008Leslie rated it liked it

There were things that I liked and things that I disliked about this book.
Dislikes:
*Author makes exaggerations, blanket statements, and assumptions and then presents them as facts. (i.e. He states that Americans pay 50% in income taxes. Not many Americans are in this tax bracket, certainly not the person that would be reading this book!)
*Author doesn't understand economics, politics and law well. For instance he states that 'Our staggering national debt is due in large part to highly educated p..more

Oct 06, 2007The other John rated it liked it

'And I will say to my soul, 'Soul, you have many goods laid up for many years to come; take your ease, eat, drink and be merry.'
But God said to him, 'You fool! This very night your soul is required of you; and now who will own what you have prepared?'
That parable popped into my mind when I read this book. This book is about 'what the rich teach their kids about money that the poor and middle class do not.' It's not so much a manual on how to get rich, but more of a book on the underlying worl..more

My father handed me this book two nights ago, and said something to the effect of 'interesting read--not very informative, but not bad'.
After reading 36 out of 195 pages, I've already gotten a grasp of the overall message (make your money work for you). I've also become bored with it. As a future purveyor of doctorate-level counseling/psychological services (fingers crossed, here), reading the dribble that pop-psychologists, self-made millionaires, and the like are allowed to put into print naus..more

Sep 05, 2007Meutia added it

This book is more a motivational book rather than personal finance book. It talks about general things that people knew already. Plus, after reading the analysis of this book by John Reed, I became increasingly skeptical about it: the author is making money out of writing this kind of book instead of through managing his own finances. You can read this book for leisure but it won't help much in managing your personal finance. And if possible, don't buy it, just borrow from local library. Persona..more

Dec 04, 2014Scott rated it it was ok

Sixteen years ago I met some people who read this book and put its lessons into practice, getting out of the rat-race and into business for themselves, looking to move into the world of big deals and Kiyosaki-style financial freedom. They even had his boardgame; Cashflow - Get Out of the Rat Race!.
Now, over a decade and half later their lives have been transformed - their business has failed and they live in a van.
That's not to say that there is no useful advice in Rich Dad, Poor Dad, but there'..more

Interpretation: 2-stars is more like 'meh'.
This book has been repeatedly referenced by authors I respect, and the curiosity got the better of me. Clearly. Because I read the whole book, thinking there must be something salvageable somewhere. However, I finished it disappointed. The author's greatest weakness is not that he doesn't understand money. He does well. Rather, he gets on the cusp of cracking a code for his readers..and then breaks into a swagger and bravado about his own accomplishme..more

This book shares the same fundamental problem that plagues most business how-to's (like The E-Myth): terrible, corny writing. You would think smart, successful people like Kiyosaki and E-Myth's Michael Gerber would be able to retain a decent ghost writer, but you'd be wrong. As for the content, there are a few nuggets of wisdom here but the major revalations and practical guidance that the word of mouth for Rich Dad promised just never materialized. Here's the entire book in a nutshell, 'When li..more

Feb 11, 2015Garrett Peters rated it did not like it · review of another edition

Wow, what ideologically driven, poorly written, paternalistic rubbish! Reading this book reminds me of every conversation I’ve ever had with a middle-aged, white guy, whose sense of entitlement and self-importance has reached such a critical level that as they lecture you on the reality of life, as they see it, while doing so by telling ridiculous, unrealistic parables that border on the nonsensical
In Kiyosaki’s mind, the poor are that way because they are lazy, and spend money in the wrong wa..more

The book seems interesting from the beginning e.g. how the two fathers view money and financial aspects from different perspectives, how parents usually teach their kids values related to money while school is not giving this issue much.
There are good points in the book e.g. financial education, taking calculated risks, investing in creative ideas etc. However, the author seems to see money and being rich as an ultimate goal in life for people. In reality it's really complicated to understand t..more

Way back, when I was in college, one of my teachers recommended this book to me as a must read before I started earning. Characteristic of a college student, I ignored it completely. Wish I had read this way back! Needless to say, when I finished it, I recommended it to everyone I cared about.
This book is like a must read for Financial literacy (not education) - what is not taught in school nor the social set-up. Using anecdotes and simplified explanations, the author drives home the point of h..more

May 26, 2008T.J. rated it did not like it · review of another edition

Inane, self-righteous congratulatory drivel best left to the rubbish heaps.

May 19, 2008Alan rated it it was amazing · review of another edition

Recommended to Alan by: Teacher

Rich Dad, Poor Dad is easily one of the most insightful and useful books of our generation. In an ever changing economy it is important for people to have not just academic intelligence but financial intelligence in order to be successful. This book gives so much information that many people never learned in school, college or from their parents. This book teaches smart ways to invest and ways to make your money work for you instead of having to work for your money.
This book appeals to all types..more

May 04, 2009K.D. Absolutely rated it liked it · review of another edition

Shelves: self-development

What struck me most among the different advices in this book is “spend only on things that will generate income for you” and it was in that part where the author describes the house of his Poor Dad – the tattered door mat, the creaking floor panels, etc. After reading the book, I thought it would be nice to do that but it is easier said than done. For example, when my daughter hinted that she would like to have PS2 when she was still young to understand the value of money, would I refuse or prob..more

Robert Kiyosaki Rich Dad Poor Dad

Sep 30, 2017Manpreet Kaur rated it it was amazing · review of another edition

it is a really good book. First thing you notice is how it is written in a conversational manner. It peaks your curiosity and then you just get sucked into it.
it deals with the subject of Financial intelligence and I am so glad I read this. A must read!

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Kiyosaki is best known for his book Rich Dad, Poor Dad, the #1 New York Times bestseller. Kiyosaki followed with Rich Dad's CASHFLOW Quadrant and Rich Dad's Guide to Investing. He has now had at least a dozen books published. A partial list of his books is included below

Rich Dad(1 - 10 of 13 books)

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“In school we learn that mistakes are bad, and we are punished for making them. Yet, if you look at the way humans are designed to learn, we learn by making mistakes. We learn to walk by falling down. If we never fell down, we would never walk.” — 640 likes

“Winners are not afraid of losing. But losers are. Failure is part of the process of success. People who avoid failure also avoid success.” — 518 likes

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