Rich Dad's Classics (Rich Dad's (Audio)) 
asked by bethness on November 4, 2006 2:51 AM
As USA TODAY heralded in its review, Rich Dad Poor Dad is a starting point for anyone looking to gain control of their financial future. Now, that future just got brighter with RICH DADS CLASSICS: Rich Dad Poor Dad, the book that started it all, reveals what the rich teach their kids about moneythat the poor and middle-class do not; Rich Dads Cashflow Quadrant continues the lessons with the four best ways to make money; and Rich Dads Guide to Investing shows readers how to benefit from simple investing secrets. With the invaluable knowledge gained from these first three books, readers will be on their way to financial freedom in no timeat a very affordable price.
Reviews
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The information provided in these DVD's was very motivating and gave me some good ideas. My only problem with it is that they didn't give out much more information than what was on the free info-mercial on PBS. I was hoping to find out the actualy steps but it's not there, just the train of thought.
reviewed by blueoasis on November 22, 2006 10:11 PM
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This set of books contain all the basic that you need to know about mony. The frist book in the set gives you the basic idea about the money. How to look at it, and how to make more of it. The second book in the set talks about the four type of people when it come to the subject of the money and the world of bussines. The last book is about investing, and it changes the view on where to find them and how to study them.
I think anyone who is interested about making more money and able to reach the ture freedom in live should read these three books.
I think anyone who is interested about making more money and able to reach the ture freedom in live should read these three books.
reviewed by bricktop on November 23, 2006 4:18 PM
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A Great Financial Philosophy Book!
If you are stuck in what Robert Kiyosaki calls the rat race, or a regular 9-5 and dream of financial freedom, you may need a change in your financial philosophy, or the way you look at how money and more particularly net worth is created. That's right, created.
I read all of these books around 2000, and it played an important roll in my transformation from a Wall St. stock broker to the co-owner of a real estate holding company with over $25,000,000 in real estate. (In 5 years)
In my opinion the most important concept to understand is how assets create wealth. Especially large, leveraged assets. The second concept and if this is not fully understood the first concept can be disastrous, is to fully understand cash flow.
That's basically it; you get these two, and I mean really get them then there is no stopping you. I've read about hundreds of other real estate and business giants and the main thing that brings down the majority of them is they understand the 1st concept but forget the importance of the second. Guys like Warren Buffett, Charlie Munger, Ron Perelman, Larry Tisch, Harry Helmsley and tons more who I cover on my Blog (The Real Estate Investors Blog on Bloglines) are not at all afraid of leverage, but they are scared to death of overestimating cash flow.
The book may seem so basic, but the concepts weigh so heavy in determining ones financial future.
By Kevin Kingston, author of: A 20,000% Gain in Real Estate
If you are stuck in what Robert Kiyosaki calls the rat race, or a regular 9-5 and dream of financial freedom, you may need a change in your financial philosophy, or the way you look at how money and more particularly net worth is created. That's right, created.
I read all of these books around 2000, and it played an important roll in my transformation from a Wall St. stock broker to the co-owner of a real estate holding company with over $25,000,000 in real estate. (In 5 years)
In my opinion the most important concept to understand is how assets create wealth. Especially large, leveraged assets. The second concept and if this is not fully understood the first concept can be disastrous, is to fully understand cash flow.
That's basically it; you get these two, and I mean really get them then there is no stopping you. I've read about hundreds of other real estate and business giants and the main thing that brings down the majority of them is they understand the 1st concept but forget the importance of the second. Guys like Warren Buffett, Charlie Munger, Ron Perelman, Larry Tisch, Harry Helmsley and tons more who I cover on my Blog (The Real Estate Investors Blog on Bloglines) are not at all afraid of leverage, but they are scared to death of overestimating cash flow.
The book may seem so basic, but the concepts weigh so heavy in determining ones financial future.
By Kevin Kingston, author of: A 20,000% Gain in Real Estate
reviewed by onthemic on November 24, 2006 6:03 PM
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These CD's are some of the best I've ever listened to! It totally makes sense! I'm very impressed with the lessons learned from his experience! It's quite inspiring. If you purchase these CD's, you won't be disappointed! Thanks for a great product!
reviewed by savvy on November 25, 2006 7:33 AM
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Anyone who is interested in saving money, investing, or financial security who has not heard of Robert Kiyosaki or Rich Dad, Poor Dad has been on another planet. Since 1997 Kiyosaki has built a financial education empire around the concept expressed in his first book, Rich Dad, Poor Dad. Rich Dad's Classics is a boxed set of three of Kiyosaki's books in their most up-to-date printing.
Rich Dad, Poor Dad: In this the original, the author details the things he learned from his "two fathers." The first, his biological father, was a well-respected educator who spent most of his life needing to earn money to pay for things that demonstrated his status. Since he worked for money rather than putting money to work for him he is referred to as the "Poor Dad."
The "Rich Dad" was his best friend's father. He spent less than he earned and put the difference to work in building a business, developing land and real estate, etc. Since he put money to work for him he was referred to as the "Rich Dad."
The book reveals the simple truths: Those that build wealth and have money working for them, put to work every day. The average person is unaware of this simple truth. It is understanding what an asset is (something that generates money passively) rather than what it means from an accounting standpoint. If you have to pay into something every month, it is a liability because you owe. When it pays you it is an asset. For most people, then, their house, viewed on a balance sheet as an asset is really a liability. Though there may be equity there is a constant service on the debt.
The Cash Flow Quadrant: In the second book of the series, the author explores the four positions one can be in with respect to money: employee, boss, investor, self-employed. He argues that education is geared toward teaching people that the "e" or "s" quadrants are good places to be: get a secure job and save for retirement or get into a good profession and save for retirement.
Kiyosaki, on the other hand explains that real wealth and ultimate financial security is in either being a boss of your own business that leverages the efforts of others or being an investor who either invests in things that produce a positive cash flow or businesses that do the same. In each of the first two books, there are simple steps to move from employee to investor.
Rich Dad's Guide to Investing: In the final book, the author drills down into the fourth quadrant, the investor. He explores how people can move into the "I" quadrant while staying in one of the other quadrants. This book is really a financial literacy book. Here Kiyosaki demystifies what financial literacy is all about, what you need to know to start investing, and what it takes to succeed long term in the "I" quadrant.
He also deals with the feelings that this whole process is likely to raise in the average person--like what happens when you make an investment mistake (and you will)? Do you become a liar, a blamer, a justifier, a quitter, or a denier (there's one more--the only place to really go--but you'll have to read the book to find that out!
Armchair Interviews says: If you want to be either a business owner or an investor this series of books should not only be on your bookshelf, but read, underlined, and applied.
Rich Dad, Poor Dad: In this the original, the author details the things he learned from his "two fathers." The first, his biological father, was a well-respected educator who spent most of his life needing to earn money to pay for things that demonstrated his status. Since he worked for money rather than putting money to work for him he is referred to as the "Poor Dad."
The "Rich Dad" was his best friend's father. He spent less than he earned and put the difference to work in building a business, developing land and real estate, etc. Since he put money to work for him he was referred to as the "Rich Dad."
The book reveals the simple truths: Those that build wealth and have money working for them, put to work every day. The average person is unaware of this simple truth. It is understanding what an asset is (something that generates money passively) rather than what it means from an accounting standpoint. If you have to pay into something every month, it is a liability because you owe. When it pays you it is an asset. For most people, then, their house, viewed on a balance sheet as an asset is really a liability. Though there may be equity there is a constant service on the debt.
The Cash Flow Quadrant: In the second book of the series, the author explores the four positions one can be in with respect to money: employee, boss, investor, self-employed. He argues that education is geared toward teaching people that the "e" or "s" quadrants are good places to be: get a secure job and save for retirement or get into a good profession and save for retirement.
Kiyosaki, on the other hand explains that real wealth and ultimate financial security is in either being a boss of your own business that leverages the efforts of others or being an investor who either invests in things that produce a positive cash flow or businesses that do the same. In each of the first two books, there are simple steps to move from employee to investor.
Rich Dad's Guide to Investing: In the final book, the author drills down into the fourth quadrant, the investor. He explores how people can move into the "I" quadrant while staying in one of the other quadrants. This book is really a financial literacy book. Here Kiyosaki demystifies what financial literacy is all about, what you need to know to start investing, and what it takes to succeed long term in the "I" quadrant.
He also deals with the feelings that this whole process is likely to raise in the average person--like what happens when you make an investment mistake (and you will)? Do you become a liar, a blamer, a justifier, a quitter, or a denier (there's one more--the only place to really go--but you'll have to read the book to find that out!
Armchair Interviews says: If you want to be either a business owner or an investor this series of books should not only be on your bookshelf, but read, underlined, and applied.
reviewed by 78704 on November 26, 2006 1:11 AM