2007-01-05 08:02:11 · 6 answers · asked by bucky 1 in Business & Finance ➔ Personal Finance
I really enjoyed all of his books. I run a Cashflow Club, we get together and play cashflow 101, Cashflow 202, and Cashflow for kids.
best of luck,
-ANgela
http://www.ratraceclub.com
2007-01-05 13:49:46 · answer #1 · answered by Biancoa 4 · 0⤊ 0⤋
Rich Dad Poor Dad is a great book. It just does not tell you about how to go about doing stuff. How to get started or what. This book is about giving you Ideas of how to live your life. It defines assets in a right way which is ownership of something that puts cash in your pockets. Meaning if you are paying money out it is not a asset. Like you house in this book it is not consider an asset. it will teach you how to live in the B and I quadrants. Which is become a Business owner and Investors, but it does not tell you how to start a business or how to get started in investing. overall it will teach you on where to be in life in order to survive. The rest of the books though are thrash. The only books I recommend are Rich Dad Poor Dad and Cashflow which is the sequel. The rest of the books only talks about what but not how to do something.
2007-01-05 16:34:33 · answer #2 · answered by John T 2 · 0⤊ 0⤋
i personally didnt like the book i read, he just says to buy assets, buy stuff, i dont know
and he said he was shocked to find out that most people dont make even 100k a year, how can someone that out of touch give me financial advice,
by the way, his "poor dad" was a school administrator or something, if i remember right he made about 185k a year, i just dont think he knows what real people have to deal with,but thats just me, other people probably love it
i like the dummies series, "mutual funds for dummies" stocks for dummies, investing for dummies, they just lay it out pretty easy
2007-01-05 16:19:45 · answer #3 · answered by swenjj 4 · 0⤊ 0⤋
Some interesting points - wouldn't use it as my bible. Read everything you can including "The millionaire next door" and Suze Orman's book (even if she did go bankrupt once). There is something to be said for each of them.
2007-01-05 16:34:09 · answer #4 · answered by justwondering 6 · 1⤊ 0⤋
I think the books a great. You can get the at the library. Read them.
2007-01-06 15:38:30 · answer #5 · answered by sm4125 3 · 0⤊ 0⤋
richdad.com is the website for Robert Kiyosaki. It has a killer forums section in it!
2007-01-05 16:27:32 · answer #6 · answered by camrenalexis2 2 · 0⤊ 0⤋