Simple2000lb's review of: Rich Dad, Poor Dad: What the Rich Teach Their Kids about Money -- That the Poor and Middle Class Do Not!

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Rich Dad, Poor Dad: What the Rich Teach Their Kids about Money -- That the Poor and Middle Class Do Not! by Robert T. Kiyosaki
In Rich Dad, Poor Dad, Robert Kiyosaki explains how to make your money work hard for you instead of you working hard for money.... read more



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Posted on October 4, 2008 10:34 AM PDT
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Rich Dad, Poor Dad outlines the differences between many financial concepts we are all taught as children and how they are wrong in comparison to those concepts used by the wealthy. Mr. Kiyosaki demonstrates the differences between assets and liabilities, for example, and how many people incorrectly see liabilities as an asset.

A real eye opener, this book offers insight into many of the old fashioned notions that mislead people. "Work hard and save" is one of the topics the author discusses. This is only part of the equation to gaining wealth according to Rich Dad, Poor Dad. Poor dad thinks one way, the way many of us are taught to live. Rich dad thinks another way, however, and it is this process that helps to contrast how to effect the changes that lead to financial success.

Rich Dad, Poor Dad is not a get rich quick scheme. It is, however, a new set of guidelines anyone with ambition should read. The ambition to make the most out of their labor, money, time, and life. I have read this book several times, taken notes and applied its concepts to my life. I recommend this book to anyone who wants to turn their finances around. I wish I could have read this book at 19. It would have made a huge difference in my life. This book puts what you have always been told on its head and I am certain it is how the über rich think about money.

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