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Rich Dad, Poor Dad (2000) (edit title/settings)

What the Rich Teach Their Kids About Money—That the Poor and Middle Class Do Not!

by Robert T. Kiyosaki (Author), Sharon L. Lechter (Author) (edit contributors)

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Description edit see section history

Personal finance author and lecturer Robert T. Kiyosaki developed his unique economic perspective from two very different influences - his two fathers. One father (Robert's real father) was a highly educated man but fiscally poor. The other father was the father of Robert's best friend - that... read more

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Quotes edit see section history

  • ““Cynics never win,” said rich dad. “Unchecked doubt and fear creates a cynic. Cynics criticize, and winners analyze"”
  • “Remember, the easy road often becomes hard, and the hard road often becomes easy.”
  • Popular Highlights from Kindle Customers
  • Rule #1: You must know the difference between an asset and a liability, and buy assets.
    Highlighted by 650 Kindle customers
  • The poor and the middle class work for money. The rich have money work for them.
    Highlighted by 605 Kindle customers
  • Garret Sutton’s books on corporations provide wonderful insight into the power of personal corporations.
    Highlighted by 528 Kindle customers
  • “An intelligent person hires people who are more intelligent than he is.”
    Highlighted by 453 Kindle customers
  • Intelligence solves problems and produces money. Money without financial intelligence is money soon gone.
    Highlighted by 452 Kindle customers
  • Wealth is a person’s ability to survive so many number of days forward — or, if I stopped working today, how long could I survive?
    Highlighted by 445 Kindle customers
  • “There is a difference between being poor and being broke. Broke is temporary. Poor is eternal.”
    Highlighted by 418 Kindle customers
  • An important distinction is that rich people buy luxuries last, while the poor and middle class tend to buy luxuries first.
    Highlighted by 401 Kindle customers
  • It’s not how much money you make. It’s how much money you keep.
    Highlighted by 380 Kindle customers
  • The three most important management skills necessary to start your own business are management of: 1. Cash flow 2. People 3. Personal time
    Highlighted by 342 Kindle customers
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First Sentence edit see section history

Does school prepare children for the real world?

Table of Contents edit see section history

There Is A Need

LESSONS
Rich Dad, Poor Dad
The Rich Don't Work for Money
Why Teach Financial Literacy?
Mind Your Own Business
The History of Taxes and the Power of Corporations
The Rich Invent Money
Work to Learn---Don't Work for Money

BEGINNINGS
Overcoming Obstacles
Getting Started
Still Want More?
College Education for $7,000

Series & Lists edit see section history

This is book 194 of 195 in Shelfari Most Popular (June 2010). (authoritative list)

Authors & Contributors edit see section history

  1. Robert T. Kiyosaki (Author)
  2. Sharon L. Lechter (Author)

First Edition edit see section history

Original Language: English
Publisher: Warner Books
Country: United States of America
Publication Date: 2000
ISBN: 0446677450
Page Count: 207

Classification edit see section history

Notes for Parents edit see section history

Reading Level: Young Adults

The book contains facts that should be taught by parents to their children. Once financial education is adopted in family talks, children are more than likely to prosper far more than now.

Links to Supplemental Material edit see section history

  • John Reed's counter-arguments: John Reed is a financial consultant, and has presented some rebuttals on Kiyosaki's presentations/ points. While it sounds juvenile at times, some of the rant might deserve merit. Worth a peek, and nothing more really.

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