Thursday, July 25, 2013

Book Review: Rich Dad, Poor Dad by Robert T. Kiyosaki

It's like a fairy tail...about personal finance.
Photo credit: http://www.meetadamchandler.com/review-of-rich-dad-poor-dad/

"You're taxed when you earn. You're taxed when you spend. You're taxed when you save. You're taxed when you die." 

-Rich Dad, Poor Dad: What the Rich Teach Their Kids About Money That The Poor And Middle Class Do Not! (p.25) 
Robert T. Kiyosaki 


Pros

I've read a lot of personal finance books in the last two years, and this one is probably the most unique out of all of them. There were several sentences I read that I did think were pretty profound, so I have no doubt that you could read this book and learn stuff. 

Cons

I did not finish the book because I didn't like the way it was written. 

Kiyosaki wrote (at least the first chapter, which is how far I got) as a narrative. He tells the story of his "two dads" (one is his real dad, and the other is his best friend's dad) and how they both taught him very different things about money. The reason I didn't want to read anymore was because I wasn't looking for a story or a good novel. I was looking for information. 

Verdict

If you would like to read a story and learn some things along the way, this book is for you. If you want a more direct route, it is not. 

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As always, contact me with questions or suggestions! You can either comment directly on the post or send me an email to moneymattersjoan@gmail.com. 

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