Book review: Rich Dad, Poor Dad by Robert T. Kiyosaki

Financial education for the masses, these would be the best words to describe the book. Easy to read and understand, narrated in a teleshopping type of voice, it tries to educate the reader in the matter of understanding how the money work.

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The title is suggesting the idea of the two sides of the coin, one highly educated father that is struggling to pay his dues, while being stuck in the rat race, and one rich father that gave up school and learn how to mingle with money.

During the years that we spend in school, we learn little about money, we are always focused on mastering one discipline in order to get that stable job and, then, afford all the nice things that we want. We get stuck into the so-called rat race, where we struggle to pay our bills, to make more money, but only to get into even bigger debt, while the government gets more than half of what we are making.

The author is offering you a 10 steps program to get rich and since I am not a big fan of following steps I was not very thrilled by the voice of the book, although I do believe there are important things that can be learned. The first, and probably the most important, is to learn about the Cash Flow. What are your assets and what are your liabilities? The idea of putting money to work for you, that is also present in The Richest Man in Babylon, is here described better and also comes with ways of identifying the possible fortune bringer.

I highly recommend the book for a light entertaining in the weekend. Cannot say that I would read more from Kiyosaki, due to this alliance with Trump and because of the style of the book that is somehow trying to sell you something (from more books written by him or one of his games), but I can say that Rich Dad, Poor Dad made me more aware of the fact that I am sometimes finding myself in the rat race.

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4 thoughts on “Book review: Rich Dad, Poor Dad by Robert T. Kiyosaki

  1. I think I’ma stick to reading Carve the mark from Veronica Roth as its controversial and has some elegant ways of being entertaining. Though the idea of learning the steps to managing money is interesting. I just don’t see that book being something I would read right through. However I am commenting here because I may have to pick the book up anyways. Are there any fiction books you would recommend? – Sincerely the writer of Diary of Fantastic Discovery

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    1. Hi there, if you are looking for some financial fiction (is) book I would recommend “The Richest Man in Babylon”, you could have the entertainment of a fictional book and the financial guidelines.

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  2. Pingback: Traveling: How I Raise Money for My Passion? – Bitter Sweet

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