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Many of our global economic problems started in 1971...when President Richard Nixon took the U.S. off the gold standard. Throughout history, when a government went off the gold standard, an age of turbulence began. In 1997, Robert's book Rich Dad Poor Dad stunned readers stating, "Your house is not an asset." As howls of protest went up around the world, the book went on to become an international bestseller and the #1 personal finance book of all time. Rich Dad Poor Dad is not a book on real estate. It is a book about the importance of financial education. Rich Dad Poor Dad was written to prepare you and your loved ones for the financial turbulence Robert's rich dad saw coming. In 2007, as homes declined in value or were lost to foreclosure, millions of homeowners painfully discovered the wisdom of words of Robert's rich dad. Today we are all aware that a home can be a liability. Today we know a home can go up or down in value. Today, we all know a person can lose money investing in the stock market. Today we all know our money can go down in value and that even savers can be losers. This is why financial intelligence is more important today than ever before. In a world of financial turbulence, your best asset is financial IQ. Review: Best Kiyosaki Book Yet - I have to say, I've listened to quite a few audio books and read a few books by Robert Kiyosaki. I have to say I was very impressed with this one. I really think this one does a really good job at getting you to see things a different way. I especially like how he talks about expanding your means (as he has in the past) but this time he actually goes in and shows you how he would budget for a surplus and you get to actually see exactly what he means. He has more specific examples, rather than just the concepts and ideas by themeseleves. He explains why and how he's both a capitalist and a socialist, and he clearly explains why you can't simply blame one side of the political spectrum, and gives examples of things that both republican and democratic presidents have done which ends up hurting those who save. I think that if you were to read one Robert Kiyosaki book, this would be the one, it seems like he really put everything he's ever taught together in a way that really makes a lot of sense. Why savers lose, the increase of the money supply, the need for financial education, why most politicians don't know how to handle money, why most businessmen do the very wrong thing and cut spending on advertising during a reccession, when they should be looking to expand their means, all about your brain and how you learn best, and what to do about it and a whole lot more. It was also interesting to see him forcast before this book was completely released in March, that we most likely have just reached the edge of the storm, and things could get a lot worse. October clearly may have been a significant part. Kiyosaki has been right on about a lot of things. Going into debt isn't bad, in fact, it can be very good if you know completely what you are doing. However, as they say "a litle knowledge is dangerous" Don't stop at just this book, but make a plan, simulate the real thing and then start small and take the right managable calculated risks, and you can build wealth and get rich. I believe that this book will dramatically shorten the learning process, and may save you a lot of valuable time and money that you would have paid through learning from the mistakes that you would otherwize made. Review: Don't listen to the bad reviews!! - I recently read this book after reading his Business of 21st century book. I enjoyed that one and decided to get this one and it surely is a good read. I see people saying that all he does is tell personal stories and doesn't tell you what to actually do, which may be true, but i believe he gives you an outline. He's not just gonna be able to tell you "go do this, that and the third" because not everyone is gonna have the same story, everyone is different. He's giving you advice on what he believes are steps to gain financial freedom. Never in life will someone just give you a get rich quick plan with steps 1-5. You have to take advice from people who are actually successful and tweak it to your life. If someone is saying that this is a bad book, do not believe them, as they just want a get rich quick booklet. And he even says at the beginning of the book that the book is personal stories and that he can't just tell you exactly how to go about your own life. Simply because it's YOUR life. Listen to what he's saying, take notes and make your own destiny. People expecto many handouts now a days and that's frankly part of the book. So to me, this is an excellent read, highly recommended.
| Best Sellers Rank | #117,374 in Books ( See Top 100 in Books ) #110 in Introduction to Investing #279 in Personal Finance (Books) |
| Customer Reviews | 4.7 out of 5 stars 2,636 Reviews |
M**.
Best Kiyosaki Book Yet
I have to say, I've listened to quite a few audio books and read a few books by Robert Kiyosaki. I have to say I was very impressed with this one. I really think this one does a really good job at getting you to see things a different way. I especially like how he talks about expanding your means (as he has in the past) but this time he actually goes in and shows you how he would budget for a surplus and you get to actually see exactly what he means. He has more specific examples, rather than just the concepts and ideas by themeseleves. He explains why and how he's both a capitalist and a socialist, and he clearly explains why you can't simply blame one side of the political spectrum, and gives examples of things that both republican and democratic presidents have done which ends up hurting those who save. I think that if you were to read one Robert Kiyosaki book, this would be the one, it seems like he really put everything he's ever taught together in a way that really makes a lot of sense. Why savers lose, the increase of the money supply, the need for financial education, why most politicians don't know how to handle money, why most businessmen do the very wrong thing and cut spending on advertising during a reccession, when they should be looking to expand their means, all about your brain and how you learn best, and what to do about it and a whole lot more. It was also interesting to see him forcast before this book was completely released in March, that we most likely have just reached the edge of the storm, and things could get a lot worse. October clearly may have been a significant part. Kiyosaki has been right on about a lot of things. Going into debt isn't bad, in fact, it can be very good if you know completely what you are doing. However, as they say "a litle knowledge is dangerous" Don't stop at just this book, but make a plan, simulate the real thing and then start small and take the right managable calculated risks, and you can build wealth and get rich. I believe that this book will dramatically shorten the learning process, and may save you a lot of valuable time and money that you would have paid through learning from the mistakes that you would otherwize made.
R**E
Don't listen to the bad reviews!!
I recently read this book after reading his Business of 21st century book. I enjoyed that one and decided to get this one and it surely is a good read. I see people saying that all he does is tell personal stories and doesn't tell you what to actually do, which may be true, but i believe he gives you an outline. He's not just gonna be able to tell you "go do this, that and the third" because not everyone is gonna have the same story, everyone is different. He's giving you advice on what he believes are steps to gain financial freedom. Never in life will someone just give you a get rich quick plan with steps 1-5. You have to take advice from people who are actually successful and tweak it to your life. If someone is saying that this is a bad book, do not believe them, as they just want a get rich quick booklet. And he even says at the beginning of the book that the book is personal stories and that he can't just tell you exactly how to go about your own life. Simply because it's YOUR life. Listen to what he's saying, take notes and make your own destiny. People expecto many handouts now a days and that's frankly part of the book. So to me, this is an excellent read, highly recommended.
N**A
Exelente para regalar
Un libro muy ayudador y versatil para jovenes, se aprende mucho y los prepara mentalmente para sus finanzas futuras
C**K
The good bad and ugly
I've already read 4 books of his (this being my 5th). So I believe my opinion is a strong built one. The bad: He repeats the same personal stories across multiple books (creates more page content) and strings you along without much details on financial knowledge, just general guidance. The good: As general as his concepts and philosophies are, they are still very powerful and important. Much of the material in the books are hints for you to do your own research and apply from external knowledge (research combined with action). There where many chapters I screened to then reread, and find important hints I could've easily not noticed. My advice: If your looking for passive reads that build your knowledge over time? Then these books are not best suited. It would be nearly jmpossible to learn financial literacy through his books alone without consistently applying it with further research and application on your own finances. As simple as his books are, they have really pushed me to be proactive. Which is much more difficult, but well worth the cost.
K**R
Terrific
Love it, a wealth of information. I learn a great deal from all of Kiyosaki's books! I highly recommend this book.
T**N
must be read!
I’ve totally changed my mind about the financial world after reading this book. I’m so grateful that now I find the right one who aligns with my thoughts via this book, particularly the author. Thank you so much for teaching me your valuable knowledge. To author Robert T. kiyosaki
D**C
Great Reading
Thank you Mr. Kiyosaki!🙏🏾 Publishers could do better with typos and grammatical errors. Some of his personal stories had me feeling like what's the point... just keep reading. He's going somewhere with his point. Great read
M**S
Interesting read
I chose to read this book because I wanted to wanted to read something to make me think and want to change my thought process on increasing my financial IQ. I feel it has helped get me going on that process.
P**L
10 out of 10
It is a fabulous book. I would like to give marks10 out of 10. I recommend to everyone must read. It really helps to increase your financial IQ. Apart from that it helps to provide new ways to generate money by different methods. This is my 4th book of the series of Rich dad and Poor dad. All books are amazing and wonderful.
B**I
You should read it.
It is one of the best books that I have ever read. It explains how to be successful by being financial free. Go for it and read it.
U**W
Good Product
Good Item
C**G
Financial Intelligence
It is the Financial Literacy which separates the B-I folks from the left side of the quadrant and rest is history :) Thank a ton !!! Robert
Y**L
As good as his other books
If you have read RICH DAD, POOR DAD and THE CASHFLOW QUADRANT, you can gain more insights into how to raise your financial IQ. While the first book sets the stage and the second one establishes his concept of becoming financially independent, every new book seems to be a repeat of the same rhetoric: "Rules of money have changed, learn the new rules of money." Increase your financial IQ can help broaden your financial horizon with what it takes to become smarter with your money. Another good book to read from the author is WHY "A" STUDENTS WORK FOR "C" STUDENTS. As with similar books, reading them is useless unless you intend to act upon that information. You can only get wiser and smarter.
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