Rich Dad Poor Dad: What The Rich Teach Their Kids About Money -- That The Poor And Middle Class Do Not

Version: Abridged
Author: Robert T. Kiyosaki , Sharon L. Lechter
Narrator: Stephen Hoye
Genres: Business & Economics, Personal Finance
Publisher: Time Warner Audio Books
Published In: March 2001
# of Units: 3 CDs
Length: 3 hours
Ratings:
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Overview

The phenomenal word-of-mouth bestseller that is redefining personal finance by helping readers create sustainable wealth for them and their families can now be enjoyed on audiobook.

RICH DAD POOR DAD will...

• Explode the myth that you need to earn a high income to become rich

• Challenge the belief that your house is an asset

• Show parents why they can't rely on the school system to teach their kids about money

• Define once and for all an asset and a liability

• Teach you what to teach your kids about money for their future financial success.

Reviews (40)

Sound Values

Written by Trunks523 on August 9th, 2015

  • Book Rating: 5/5

A good guide as stated in the introduction to the book. This is not a book that tells you how to get rich, but a book that tells you the theory and actuality of the differences between how many see the world and finances and how those who get ahead see finances.

Rich Dad poor Dad

Written by Anonymous on September 18th, 2013

  • Book Rating: 3/5

Seems to be great for youngsters, get good assets not liabilities. For us the middle-aged people who are already in the rat race not much solutions is offered.

Great concepts

Written by Anonymous from Ontario, CA on January 15th, 2010

  • Book Rating: 4/5

This really opens your eyes to new ideas on what can be done to make money and the concept of wealth. It's simple and the author kept it interesting enough that my kids even listened.

disappointed

Written by Anonymous on August 28th, 2009

  • Book Rating: 2/5

I was hoping for a lot more. A very basic overview of assets and liabilities, but with no real examples that you can use. The narration was fine but the book was so repetitive that it got quite annoying by the second disk. Don't waste your time.

Good Read

Written by Anonymous on June 12th, 2009

  • Book Rating: 4/5

This book got me thinking a different way. It helped me truly understand the differences between assets and liabilities, and the importance of building my assets. It does not have all of the answers, but is a good start on learning more about this important subject.

One of many

Written by Jazno on June 4th, 2009

  • Book Rating: 4/5

If you haven't read or heard of the Rich Dad/Poor Dad series this is a good start. Just remember, this isn't the end all be all of financial advice. It's simplistic, it's inspiring, it's sometimes self serving. So are Donald Trump books. But to paraphrase Gene Simmons, "it's another way to get your money into his pocket." The author is in business to sell books and speak, and like others have said, other books do repeat subjects. Sometimes a good message deserves repeating, sometimes, the author is looking for a new car. Good for him. Do yourself a favor, listen to it here, judge for yourself while you listen to whatever other books you like and decide for yourself if you want to really get into business. If you do, you can read all you want, but action is the only way you will really learn and find your fortune. Even the author of this book will tell you that. But in between talking about his "Cashflow" game!

Essential!

Written by Natasha from Montgomery, TX on April 3rd, 2009

  • Book Rating: 5/5

According to the reviews it seems readers either love it or hate it. I am one of the ones who loved it. Short and to the point, it presents the very basics of money management for everyone. Basics we all should know, but don't really have a plan for. This book tells you to have a plan and what kind. Like the author suggests, should really be taught in high school.

good but

Written by Anonymous on March 16th, 2009

  • Book Rating: 4/5

good listen and messages. I did learn a few things but overall no really great ideas but he does get you thinking differently. It can't hurt that's for sure.

great practical story

Written by pcguy74 from Oshkosh, WI on March 15th, 2009

  • Book Rating: 4/5

Although this book focuses on the author's "riches" story based on real estate...much of the practical, simple, mind sets are communicated in a way that makes them stick. The abridged version of the audio book has made me want to buy the book and READ it. Great starting point into money management and concepts though.

Rich Dad Poor Dad

Written by Anonymous from Los Lunas, NM on March 7th, 2009

  • Book Rating: 5/5

Good stories, good information, interesting book - easy for kids to listen to, also.

Author Details

Author Details

Kiyosaki, Robert T.

Robert Kiyosaki is an investor, businessman and best-selling author. His books, Rich Dad Poor Dad, Rich Dad’s Cashflow Quadrant, and Rich Dad’s Guide to Investing are all best sellers. His ventures have allowed him to retire early, and his teachings are followed all around the world.

Robert Kiyosaki was born in Hawaii where his experiences of Rich Dad, Poor Dad began. Not choosing to following his “poor” father, Ralph Kiyosaki, who was state superintendent of schools he adopted the financial strategies of his “rich” dad – the entrepreneurial father of a childhood best friend. Robert says “In doing so, I chose not to listen to my poor dad, even though he was the one with all the college degrees,” he writes in /Rich Dad, Poor Dad/.

After high school, Robert went to study in New York. After graduation, he traveled the world on merchant ships. “I think that’s what really messed me up,” he says. “Once I saw the world, it was hard to come back to Hawaii.” Later he joined the U.S. Marines and went to Vietnam as an officer and a helicopter gunship pilot. After returning from Vietnam Robert got a job as a salesman for the company Xerox Corporation and in 1977 he started a company to produce Nylon and Velcro surf wallets, which grew into a multi million dollar worldwide product.

He admits that he didn’t know enough about patents and trademarks, and as a result the business eventually closed, however his first venture into business wetted his entrepreneurial appetite. After the closure, Robert began investing in real estate and on the stock market, before nearly becoming bankrupt. He owed about $850,000,” he says. “Obviously, you can’t pay that kind of money back by getting a job.” Robert tried a variety of entrepreneurial endeavors, which weren’t very successful.

In 1985 Robert Kiyosaki founded an education company that taught business and investing to thousands of students all over the world which proved very successful. In 1994 he retired at the age of 47. Even after retirement Robert continued with real estate and business investments, and wrote the book Rich Dad, Poor Dad, which hit bookstores in 1997.

Although he had achieved some recognition overseas, he was relatively unheard of in the US. After initial publishing rejections he printed 1,000 copies himself, and the book became an underground success. Robert has since written four more bestsellers under the /Rich Dad/ brand and to date has sold more than 12 million books (in 29 different languages).

Coinciding with the books Kiyosaki also invented a board game for the financially illiterate, Cashflow 101, which is the first of two board games designed to educate people about accounting, investing and finance, with Cashflow for Kids being the second game.

Robert Kiyosaki has a profound message for those wanting to improve their financial lives. That message is: "With every dollar in your hand, you have the power to choose to be rich, poor or middle class."

Lechter, Sharon L.

A life-long education advocate, Sharon Lechter is the founder of Pay Your Family First, an umbrella financial education organization, and YouthPreneur, an innovative new way to spark the entrepreneurial spirit in our children.

Sharon helps shape the state of financial literacy in our nation and how best to promote a financially literate populous through her appointment to the President’s Advisory Council on Financial Literacy. She and the 18 other members of the council were selectively appointed by President Bush for their expertise in financial education and will serve a two-year term. As a council member, Sharon is directly responsible to the President and Treasury Secretary for creating interesting and innovative ways to influence financial education.

Sharon is an entrepreneur, author, philanthropist, educator, international speaker, licensed CPA and mother. She has been a pioneer in developing new technologies to bring education into children’s lives in ways that are innovative, challenging and fun, and remains committed to education – particularly financial literacy.

“Our current educational system has not been able to keep pace with the global and technological changes in the world today,” Sharon says. “We must teach our young people the skills – both scholastic and financial – that they need to, not only survive, but flourish in the world.”

Sharon travels nationally and internationally to speak on a range of topics from educating children and adults on taking control of their personal finances to the entrepreneurial business strategies she used in building international success.

“Sharon’s passion for entrepreneurship is matched by her dedication to education,” says Mary Lou Bessette, a longtime business leader and executive director of strategic initiatives at Arizona State University’s W.P. Carey School of Business. “Her personal mission is to instill financial literacy worldwide. Sharon’s writings and leadership, especially with women and children, demonstrate that she is uniquely positioned to change the world through education.”

Sharon is known world-wide as the co-author of the international best-selling book Rich Dad, Poor Dad and the Rich Dad series of books. During her 10 years with the Rich Dad Company, it grew into an international powerhouse with over 20 books, board games, Web sites, CDs, audio cassettes and seminars. Rich Dad, Poor Dad has been on The New York Times Best Sellers List for over six and a half years and is available in over 50 languages and sold in more than 108 countries. More than 27 million Rich Dad books have been sold around the world.

In 2007, Sharon left the managerial board of The Rich Dad Company to pursue focused work on financial education for children and families, as well as to continue work on improving our nation’s educational system. It was this passion that led her to recently launch Pay Your Family First and YouthPreneur.

A committed philanthropist, Sharon also gives back to world communities as both a volunteer and benefactor. She is a member of the Business Advisory Council for the Attorney General of the State of Arizona. She has served on the Dean’s Council 100 of the W.P. Carey School of Business at Arizona State University and as a member of the advisory Board of the Spirit of Enterprise at the W.P. Carey School of Business. Sharon serves on the National board of Women’s Presidents Organization and serves on the national board of Childhelp, a national organization founded to prevent and treat child abuse.

In 2002, Childhelp honored Sharon and her husband, Michael, as recipients of the Spirit of the Children Award. In 2004, Sharon and Michael were recognized as an Arizona “Power Couple,” and Sharon was also named as a 2005 Woman of Distinction by the Crohn’s & Colitis Foundation of America.

Sharon graduated with Magna Cum Laude honors from Florida State University with a degree in accounting, then joined the ranks of a Big Eight accounting firm. Sharon has held various management positions with computer, insurance, and publishing companies while maintaining her professional credentials as a Wisconsin CPA, and a member of the AICPA (American Institute of Certified Public Accountants).