Rich Dad, Poor Dad: What the Rich Teach Their Kids About Money--That the Poor and Middle Class Do Not!

Author - Robert T. Kiyosaki ... [Goo?] [Posters]
Author - Sharon L. Lechter ... [Goo?] [Posters]

This Paperback Book item from Business Plus was reviewed on 18-Oct-2008.

Search ISBN:0446677450 offer from Abebooks or used books from Alibris. Rich Dad, Poor Dad: What the Rich Teach Their Kids About Money--That the Poor and Middle Class Do Not! Reference Book. Classifications : Introduction Investing Business & Investing Subjects Books Management & Leadership Business Ethics Consolidation & Merger Decision-Making & Problem Solving Distribution & Warehouse Management General . Click the following link to view the cover of Rich Dad, Poor Dad: What the Rich Teach Their Kids About Money--That the Poor and Middle Class Do Not!.

Related topics: Introduction. Investing. Subjects. Books. Business Ethics. General AAS. Industrial. Leadership. Management. Management Science.

1) Paperback Book Rich Dad, Poor Dad: What the Rich Teach Their Kids About Money--That the Poor and Middle Class Do Not! by Business Plus. This is a MUST read book if you want to obtain financial freedom. Personally, this book totally changed my life!!¤

2) Paperback Book Rich Dad, Poor Dad: What the Rich Teach Their Kids About Money--That the Poor and Middle Class Do Not! by Business Plus. This is far by the greatest personal financial book! It sets the bar for all other books. It will change your life...highly recommend it for everyone.¤

3) Paperback Book Rich Dad, Poor Dad: What the Rich Teach Their Kids About Money--That the Poor and Middle Class Do Not! by Business Plus. This book is pretty good because the basics it mentions are fairly good.
Its true that 90% of America does not know the different between a true asset and a liability. Financial money management is missing from most of education. If you listen to Dave Ramsey, he says many of the same things.

As for the tax advice and deferrments in this book, I wouldn´t bet the farm on it. Yes, things like 1031 do exist but some of the advice like buying a corporate car with a personal corporation is illegal(although the accounting advisor at H&R block did inform me last year before I read the book that deducting mileage and gas on my car was a legal option). You can defer taxes forever on a few things, but not many of them and overall, taxes in America are progressive, not regressive as the author claims.

I did learn and was reminded of many important principles by this book and book series, but I´d take a much closer look at tax law before deducting anything.¤

4) Paperback Book Rich Dad, Poor Dad: What the Rich Teach Their Kids About Money--That the Poor and Middle Class Do Not! by Business Plus. This book is all cliche and lies.

1. The author recommends that people join MLM to become "better salespeople".

2. The author shows a strong distaste to basic education. (He was held back sophomore year in high school.)

3. The author shows a lack of respect for his real father (poor Dad)

4. The author shows a way too basic math to demonstrate his profits.

5. The author makes recommendations that are flat out illegal (such as writing off vacations on the corporation...aka, tax fraud.)

So, don´t bother reading it. You want the basics of the book? Here....

1. People work for money because they are in fear.
2. Rich people horde their money because they are in fear of losing it.
3. Schools don´t teach people about money.
4. People who don´t know about money will always be poor.
5. He will not show you how to make money, nor will he show you how to make money work for you. He´ll give a couple examples that have mathematical and legal errors with regards to taxes.
6. He preaches to use corporations to save on paying taxes....news flash: corporations have double taxation. That´s the price of the legal protections.

Anyway, there´s the gist of the book. The only money that Robert Kiyosaki has ever made is from this book...it´s motivational, but financially irrelevant. This book started it´s circulation through Amway...think about that. He is speaking about money and recommends MLM...was this book designed to make the Amway people feel better about their decision to join MLM?

Think before you buy. And hopefully you´ll put your money away.¤

5) Paperback Book Rich Dad, Poor Dad: What the Rich Teach Their Kids About Money--That the Poor and Middle Class Do Not! by Business Plus. The ideas in Rich Dad, Poor Dad have changed my way of thinking about money. Some of the things said in this book are shocking, but they make perfect logical sense after a bit of reflection. If you want to understand money, I´d recommend you buy this book for you and all of your friends.¤

6) Paperback Book Rich Dad, Poor Dad: What the Rich Teach Their Kids About Money--That the Poor and Middle Class Do Not! by Business Plus. Robert Kiyosaki reveals how he developed his unique economic perspective from his two fathers: his real father, who was highly educated but fiscally poor; and the father of his best friend - an eighth-grade drop-out who became a self-made multi-millionaire. The lifelong monetary problems experienced by his "poor dad" pounded home the counterpoint communicated by his "rich dad". Taking that message to heart, Kiyosaki was able to retire at the age of 47. This book lays out his philosophy and aims to open readers eyes by: exploding the myth that you need to earn a high income to be rich; challenging the belief that your house is an asset; showing parents why they can´t rely on schools to teach their children about money; defining once and for all an asset versus a liability; and explaining what to teach your children about money for their future financial success.¤

Page Updated: Robert N. Goolsby, 15-Nov-2008, 04466774509780446677455, 500-690-770-190-440-670-TIB-8

Rich Dad, Poor Dad: What the Rich Teach Their Kids About Money--That the Poor and Middle Class Do Not!, Book, Image © Business Plus

Search: Business Plus, Book Posters, Book Art