How do you think about "Rich dad, poor dad" book?
By Polang
@tkonlinevn (6438)
Vietnam
March 18, 2011 2:10am CST
Hello All,
Have you ever read "Rich dad, poor dad"? It's a very famous book.
It was introduced to me by my friend. But I have read some parts of it. I think that it's great. I feel more confidence such as I looked for a right way to improve my professional. I wish I can read whole of it.
However, when I gave it to my father. He's only cursory reading. He said that It's absurd because it's not suitable for people here.
How do you think after reading this book?
8 responses
@ddaguno (3107)
• Philippines
19 Mar 11
This is a great book and it opened my mind. It is true that people dont get rich by being an employee and with proper management and hard work any person could get rich.
It is not a get rich quick book but a guidleine on how to improve your lifestyle slowly but properly
1 person likes this
@tkonlinevn (6438)
• Vietnam
19 Mar 11
Hi mjweed, you should read it. you won't regret because the knowledge you'll get from it.
Hi livecenter. could you share me the e-book link of it? Thank you.
@livecenter (1136)
• Malaysia
19 Mar 11
I think it is better for you to search the Web by using the MyLot search engine...Use keywords like "rich dad poor dad ebook free download" and I think you will find appropriate links to download the e-book...Besides, I believe it is against the rule to post download links here, as you would have know, so I wanna spare this discussion from being deleted...
Nevertheless, perhaps you can get MyLot rewards by doing that! Good luck!
@livecenter (1136)
• Malaysia
19 Mar 11
I recommend you to read this book...It is very inspiring and informative, and I believe you will waste no time reading this book - it is worth the read...Else, if you don't have time for reading, why not take it on the go? There are many sites offering e-books of this very book...Give it a try and again I would say, it is worth the read...
@hardworkinggurl (37063)
• United States
18 Mar 11
Hi friend I use to read a great deal and have been a bit on the lazy side lately. I have not heard of this book or it's title and so I went online and found this, it is an excerpt of what the book is about:
The novel is a sprawling work, with 665 pages, and covers many of the themes Shaw returns to again and again in all of his fiction - Americans living as expatriates in Europe, the McCarthy era, children trying to break away from the kind of life lived by their parents, social and political issues of capitalism, the pain of relationships.
Reason why I am responding and looked it up was to try to see if it related to how some of my elders would react also. After reading the above it reminded me of many elders in our family. Which are not easily open to guides and or books which can help improve their ways. My opinion would be that they feel they have done well all their lives and do not like to be told that areas can be improved. It is not that they think it is a bad thing but more so like they find that they did not need books in their days and they did things there own way.
I continued on reading and found it very interesting. I will put the link here in case someone else would like to review it:
Not a referral lin:
http://en.wikipedia.org/wiki/Rich_Man,_Poor_Man
Thanks for sharing.
@livecenter (1136)
• Malaysia
18 Mar 11
I am afraid you got it wrong here, hardworkinggurl...The book that he is trying to put into discussion is Rich Dad, Poor Dad, written by Robert T. Kiyosaki...
@tiffnkeat (1673)
• Singapore
19 Mar 11
This book was very popular some few years ago, and it did open the eyes of many who are on the path of searching for financial freedom. I believe Robert also did very well on the cashflow quadrant. I have read RDPD, and found it to be a good introduction to personal financial planning. I did not buy the book, but borrowed from a friend.
I believe many have followed in his footsteps and come up with similar books. Maybe the newer ones should be easier read than Robert's, although it was also an easy read then.
@livecenter (1136)
• Malaysia
18 Mar 11
as for me, it is a very inspiring book...He teaches us how to differentiate between assets and liabilities, which has been commonly misunderstood by the people nowadays...The book has opened up my mind on how the money works...After I read his book, I am now able to concentrate more on how I can make the money work for me...
Kudos to Robert T. Kiyosaki for this great, inspiring, and best-selling book!
@tkonlinevn (6438)
• Vietnam
19 Mar 11
The "differentiate between assets and liabilities" is the thing which I sympathize fully best. I don't know about this before.
After reading it, I feel more comfortable when I think about money. I'm usually stress about it before.
@livecenter (1136)
• Malaysia
19 Mar 11
Me either, because when I was young I have always believed house and cars are my assets, which turned out to be my liabilities actually...I have learned something from the book and I will make sure my children will not do the same mistake as me...
@livecenter (1136)
• Malaysia
19 Mar 11
I think you should...It is one of the best books ever on financial advice...I assure you that your time will be not wasted by reading this book...It will be worth the read...
@haryonurtiarb (7)
•
18 Mar 11
Rich Dad Poor Dad book is a good book. That book can open our minds about passive income. In the book also discusses what meant by the assets and liabilities, as currently many people have misconstrued. This book is good, if to get knowledge about passive income, but if you want to know how to get passive income, you should look for another book.
@tkonlinevn (6438)
• Vietnam
19 Mar 11
Hi haryonurtiarb, could yo introduce some books about how to get passive income?
I like livecenter. I think that I become to be happier and wiser after reading this book. I'm believer in life than before. I believe that I can pass difficulties in this life.
@livecenter (1136)
• Malaysia
19 Mar 11
I believe he has opened many eyes about the importance of differentiating the difference between assets and liabilities...I wonder why my family does not get richer despite the fact that we have great houses and car...Reading this book make me realize that what my parents are investing in is their own liabilities...I can't change the situation anymore because I believe it has been too late for me to do so - I should be born earlier to be able to do that... But, I know what should I avoid when I am older, and no doubt that this book made me wiser...
@CJscott (4187)
• Portage La Prairie, Manitoba
25 Mar 11
Books I know of about passive income...Beach Money, Jordan Adler. Why you are Sick and Broke, and how to get rich and healthy..Randy Gage. The Greatest Networker in the World..John Milton Fogg(teaches a bit about MLM). How to get Rich without Winning the Lottery..Keith Schrieter...
Anything by Robert Kiyosaki....tehe. That dude rocks the Passive income.
Basically you are looking for anything that teaches you how to leverage, your time, money or people.
Love it all, read a book about that kind of stuff at least once a month.
Sincerely and With Appreciation.
@veganbliss (3895)
• Adelaide, Australia
19 Mar 11
This one is high on the recommended reading list for everyone even considering property investing, going into business or working for themselves. I've read the book & studied it as part of my course & have also spent many hours playing the adult board game by the same author to bring the principles to life. If you read the book thoroughly, you will find not only the definitions of assets & liabilities astounding & flying in the face of conventional wisdom, but it should change your whole outlook on life & motivate you to "get out of the rat race", detailing the tried & true method to do so. There are literally dozens of similar books on the market that should also be read & studied with other like-minded people. It is good to learn with these types of people, I mean property investors & the like. It is also very good to learn these practical skills & implement them from a young age. You are not too young to start.
I disagree with your father. Unless Thailand has turned into a communist dictatorship, all the principles in the book can be put into practice in your country by you & him right now. Ask him, for instance, if buying a car can be classed as buying an asset. This book will show you that it is not & why this is so. There are assets you can invest in now that make money over & above your initial outlay & provide a return that will more than justify your investing in the first place. If you wish, I can give you a copy of my reading list (if I can find it!) of books that you can borrow from your library to read & take notes. It is good that you are interested in these things at your age.