Book Review: Rich Dad, Poor Dad

19 Jun Book Review: Rich Dad, Poor Dad

What books are you reading to improve your situation in life? I recommend Rich Dad, Poor Dad by Robert Kiyosaki. Robert does a great job explaining how to change your outlook on your possessions (assets) and encourages you to start looking for ways to make your money work for you so you don’t have to work for your money. You can purchase Rich Dad, Poor Dad through our online bookstore, or pick it up at your local library.

  • James Dibben
    Posted at 14:19h, 19 June

    Matt, I too loved Rich Dad, Poor Dad.

    A few months ago I read Cashflow Quadrant by Kiyosaki and I loved it just as much.

    Have you read that one?

    • Matt.Wegner
      Posted at 00:11h, 20 June

      Yeah James, I liked Cashflow Quadrant too, although I should admit I read both books prior to resolving to become debt free. Robert Kiyosaki is a big believer in leveraging debt to reach your goals and I’m simply no longer willing to take on the risk of debt. A lot of modern financial books are that way, so one does have to look for the good messages within the book and filter out the bad.

      • James Dibben
        Posted at 11:48h, 22 June

        Good point, Matt. I’m not willing to play the risky games Robert does with real estate.

        Sure he has made it huge but he also lived out of a car for like two years. I don’t think I could get my wife and 4 daughters to try that with our suburban, lol.

  • Gayle Brunner
    Posted at 10:00h, 22 June

    Thank you for that review! I have read the book several years ago and Bill and I liked the concept so much we bought the game Cash Flow and a set of tapes, etc.

    • Matt.Wegner
      Posted at 10:39h, 22 June

      Glad you liked it Gayle!

  • Larry Tyler
    Posted at 15:47h, 28 June

    Matt: I wholeheartedly agree with your book recommendation and your comments on the video as well as in response to several who commented. I appreciate the stand you are taking regarding financial matters and education and getting out of debt. I give the book away alot as well as recommend – especially to parents of young adults and to college students when I get the opportunity to speak at their entrepreneurial classes. I especially like the mindset of what is an asset versus a liability that the author presents. More people, young and old need to learn this. His cash flow game is alot of fun and a real eye-opener to those who haven’t learned the concepts.