Rich Dad Poor Dad for Teens

Rich Dad Poor Dad for Teens

The Secrets About Money--that You Don't Learn in School!

Book - 2012
Average Rating:
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An age-appropriate guide encourages the development of confident and responsible money skills, providing case examples, sidebars, and attitude recommendations that demonstrate how to achieve security in today's challenging job market.
Publisher: Scottsdale, Ariz. : Plata Pub., 2012.
Edition: 1st Plata Publishing ed.
ISBN: 9781612680309
1612680305
Branch Call Number: YA 332.024 Kiyosaki 06/2012
Characteristics: 105 p. :,charts ;,23 cm.

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RSandrock
Feb 10, 2017

Fair warning: Kiyosaki repeatedly brings up "seminars" throughout the book, in an almost subliminal fashion. Since this book has taken off, he has created several companies providing "real estate investing" seminars throughout the country, under several company names ("Rich Dad Education," "Elite Education," etc.). There's a long history of complaints associated with these companies (see BBB), and they visit central Ohio on an annual basis, offering free seminars, which are basically a giant pitch for an upcoming weekend seminar ($200-$300).

A cynic might say he started this whole book series for the purpose of corralling people into these seminars, where they dump lots of money.

So sure, read this book, but DON'T stop there - refer to other authors (Dave Ramsey "Money Makeover" and, though more dated, Thomas Stanley "Millionaire Next Door") and other schools of thought/styles (more risk averse, more details/data, etc.). Many of these other authors warn against getting involved in programs very similar to Kiyosak's.

That being said, this book was my first step in learning more about personal money management, saving, and investing. Again, it is clearly the first step. The more I have read on these subjects, the more I see Kiyosaki's book as extremely general and extremely simple. Also, it's extremely repetitive; though short, it could be even shorter (he repeats his stories/examples far too often).

I agree that Americans are generally ignorant of finance across the board, and Kiyosaki hammers this point home. He also attacks conventional wisdom and myths that we assume by default, which is a good thing generally. Just be sure to cross examine what Kiyosak says with other sources- and DON'T pay for his seminars.

a
anders0814
Jul 23, 2015

This book will due you a lot of good if you are committed to what it tells you to do. It's like a diet

v
vicyou89
Jul 12, 2014

This is for sure the BEST and MOST NECESSARY BOOK I read. Especially after learning accounting!

Highly Recommend!

p
PATRICK VAN DUYSE
Apr 15, 2011

It gave good tips but not exactly how to make money. And it was an easy read.

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