Review - Rich Dad, Poor Dad Book by Robert Kiyosaki

Robert Kiyosaki is a extremely well-known financial guru from the USA. His major claim to fame was to author the book "Rich Dad, Poor Dad" which is one of the most popular and best selling business books of all time. The book has sold over 26 million copies and has been on the New York Times bestseller lists for over 6 years.

If you haven't already I highly recommend reading Rich Dad, Poor Dad. It is a story about Robert and his 2 fathers, one is real father and the other a friends father. The book discusses their 2 different approaches to the subject of money and the effect both viewpoints had on him from childhood. The book is real wakeup call to most people as its main premise is the "Rich do not work for money, the rich have their money work for them.

The full title of the book is: Rich Dad, Poor Dad. What the rich teach their kids that the poor and middle class do not.

The title sets the scene for the book and there is a strong emphasis on education is the book. There are many mantras repeated throughout the book such as:

Instead of saying "I can't afford it" Say "How can I afford it?
By saying "I can't afford it" instantly stops your mind from working on solving the probelm. Asking "How can I afford it" puts your mind to work.

"The Rich Don't Work from money, The Rich have their money work for them"
Essentially this means that the Rich do not trade hours of their time for money. Very few people can ever get rich simply working in a job. The rich have their money work for them in businesses and investments so that they do not physically have to work. The rich also use many forms of "Leverage" which is the ability to do more with less. Such Leverage through OPT, Other Peoples Time and OPM other peoples money.

Other books in the series written by Robert Kiyoskai are: Rich Dads Cashflow Quadrant, Rich Dad's Guide to investing, Rich dad's Rich Kid Smart Kid, Rich Dad's Retire Young, Retire Rich, Rich Dad's Prophecy, Rich Dad's Success Stories, Rich Dad's Who took my money.

Auckland, New Zealand