Being a recent dad, and having had this book, Rich Dad, Poor Dad: What the Rich Teach Their Kids About Money–That the Poor and Middle Class Do Not!, recommended to me many times, I read and finished it today.
It’s not very good. I guess I should say, it’s great if you need a kick in the pants to start getting your financial life in order and you want to start getting into real estate investments, which Mr. Kiyosaki pretty much out and out says is the only way to become wealthy. He may be right. But his condescending tone, his psycho-babble speak, and his one-line argument makes for some dull reading. I am interested in getting rich. So is almost everyone. But the author frames his own ability to make private wealth in the language of “should” which never works on me. I hate being told “you should.” Loathe it, in fact. I guess I’m going to be a Poor Dad.
Lessons learned from the book, however, are: 1. Start investing now, not later. 2. Stop spending your money on crap, even nice crap. 3. Get a good proofreader, as his book, a #1 New York Times Bestseller, is laden with errors.