Rich Dad, Poor Dad
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From: addison, TX
Originally Posted by LittleRedS2k,Jan 9 2006, 05:42 PM
I think if you write a book with recycled, beginner level financial advice and have it become a best seller..... that will put you on the road to being rich.
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From: Honolulu/Kona,HI
Originally Posted by Gink5,Jan 9 2006, 03:43 AM
A great book for corporate preparation is "seven habits of highly effective people." Doesn't really talk about money management but its a great book to give you a positive mind set.
Great book by Steven Covey. Follow up by reading "The 8th Habit."
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From: SJC
Originally Posted by mingster,Jan 9 2006, 10:20 PM
a better read is "The Millionaire Next Door" if you really want to think about money management.
I learned most of everything I know by watching my peers either succeed or crash with their dot-boom money.
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From: 2005 Silverstone/Blk Sold
"Rich Dad, Poor Dad" is an old title, it's been around for at least 5-6 years.
It's very beginner level, which is good for many people. The concepts of what are in the book are sound, but many things are over-simplified, and made to sound easy. In reality, it may not be so easy as they make it sound.
Have seen/heard a lot of Kiyosaki's later material as well. With the exception of some the "Advisor Series" (where he brings in outside people from a variety of financial/business/real estate disciplines), most of the later material draws heavily upon "Rich Dad, Poor Dad", and the stories/lessons taught within, leading even the later material to be way oversimplified.
It's good to use as a starting point for the beginner, but very quickly, you'll need to move up to something that provides more detail and substance.
7 Habits, and Millionaire Next Door were mentioned in this thread. They are both good reads.
It's very beginner level, which is good for many people. The concepts of what are in the book are sound, but many things are over-simplified, and made to sound easy. In reality, it may not be so easy as they make it sound.
Have seen/heard a lot of Kiyosaki's later material as well. With the exception of some the "Advisor Series" (where he brings in outside people from a variety of financial/business/real estate disciplines), most of the later material draws heavily upon "Rich Dad, Poor Dad", and the stories/lessons taught within, leading even the later material to be way oversimplified.
It's good to use as a starting point for the beginner, but very quickly, you'll need to move up to something that provides more detail and substance.
7 Habits, and Millionaire Next Door were mentioned in this thread. They are both good reads.
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