Rich Dad, Poor Dad

Rich Dad, Poor Dad

This book was given to my husband by a friend who was trying to convince him to go into business with him. One lazy afternoon with nothing to do, I picked up this book and started leafin through it. Before you know it, I had made myself comfortable and read through the entire book in a few hours.

It started out entertainingly enough. I enjoyed reading Robert Kiyosaki’s anecdotes about growing in Hawaii and stories about his first entrepreneureal forrays. Even though the condescending tone he took when describing his (seemingly responsible to me) poor dad who is also his poor dad, made me wary, I kept reading through his theories on assets and liabilities complete with illustrations, which by the way don’t look anything like the balance sheets you learned about in accounting class. He glowingly describes, on the other hand, the accomplishments and philosophy of his rich dad who is supposed to be a successful entrepreneur and basically goes by the belief that your money should be working for you and not you working for your money.

Like I said, although his description of his poor but also real dad made me uncomfortable, I could see how it could psych someone up to go out and try to succeed by investing and investing in riskier buy higher yielding rackets to amass assets quicker. What disappointed me about this book was that it got repetitive after a while, like he was padding the book, and it seemed to me that he was ultimately priming the reader to buy more books and games and to attend more seminars like the kind he gives for large amounts of money.

I’m glad to learn I wasnt’ alone in being skeptical of the claims by Mr. Kiyosaki.

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