Without a doubt, Rich Dad Poor Dad has become one of the most controversial personal finance books of modern times. Some people have praised it as the revolutionary how-to guide for creating ultimate riches through passive income. Others despised what they read because Kiyosaki challenged the conventional system for how people make a living and live their lives.
When was the last time you were told that going to college and becoming an employee for someone else for the next 30 years is a terrible plan? Or that the only reasons you became an employee in the first place was out of your own fear and greed of money? Or that your house is NOT one of your greatest assets?
Rich Dad Poor Dad is NOT a book that will explain to you what a 401k or an IRA is. In fact, it will try to discourage you from putting money in your retirement account at all. Instead, Rich Dad Poor Dad offers you something completely different – it will make you think! It will challenge you to reconsider what you’re doing with your money, life, and what you’re doing to reach your maximum earning potential!
Not too long ago, I wrote a post called “Are We Fools For Saving Our Money?” The inspiration for it came from several themes I read in the book “Unfair Advantage: The Power of Financial Education” by Robert Kiyosaki. Although we explored both sides of Kiyosaki’s opinions, I felt as though there was still quite a bit of the book to review and I wanted to do it justice. So here is my book review.
In case you’ve never read anything by Robert Kiyosaki, here’s a brief overview: Take on massive amounts of debt, don’t save your money, and the future of our economy is in deep trouble! Now why in the world would I recommend reading a book like that?
Because it reminds me that there is more than one way to become independently wealthy! Robert Kiyosaki, best known for writing “Rich Dad, Poor Dad”, proves that you can obtain great wealth by using unconventional strategies. Although I may not necessarily agree with all of his advice, it still intrigues my curiosity. Plus – he makes A LOT more money than you and I, so we should probably listen!
Love him or hate him, Robert Kiyosaki’s books are very popular because they are easy to follow and very “in your face”. They do a great job of convincing you that anyone can do what he does and that you’re a fool for not following his principles. And who wants to be a fool?