Rating: 
Summary: A Smart Plan For The Future
Review: Although this is the first economic based book I have read, I have found it to be very informative and enjoyable. Kiyosaki does a good job at using a style of language that is very coherent and easy to understand. His view are balanced by contrasting his "rich and smart dads."
As a young man without much experience using economic terms, Kiyosaki was able to use real life examples that made the learning so much easier. Although this book was directed to parents to help their children start ou in life on the right path financially, I found it, as a senior in high school planning to go to college and grow up, to be extremely usefull.
Rating: 
Summary: Rich Kid Smart Kid
Review: I did find the book interesting, but I don't think that teens my age will find a lot of interest in it.
I gave it a 3 star because even though i didn't follow through the book, i felt that the author made a lot of good point for parents. I think the author really knows what he is talking about. I also gave it a 3 star because the way his teaches parents about teaching their kids about finace is through his own experience. So i gave it a 3 star because i found some interest in the book rather than none at all.
Rating:
Summary: Rich Kid Smart Kid
Review: I liked this book because it teaches the reader how to teach their children about money and how to use it. By giving the child such things as power of his/her money can help the child learn instead of giving an hour long lecture about saving. This book also advances on what was said in the first one "Rich Dad Poor Dad" by puting the reader in the teachers seat instead of the students. So in the long run both the partent and the child is learning from this book. And that is why I gave it five stars.
Rating: 
Summary: Book Summary
Review: Our current education system fails to adequately teach our children the financial skills necessary to survive later on in life. Robert Kiyosaki wrote Rich Kid, Smart Kid to fill those gaps. The fundamental premise of the book is that all children are born smart and rich. The goal of education is to bring out that natural genius within our children. Awakening this genius inside of us is a sure way to become happy. Therefore, being happy through realizing our innate potential is more fulfilling than being rich and unhappy. Rich Dad said, "If you are not happy while getting rich, chances are you will not be happy when you get rich. So whether you are rich or poor, make sure you are happy" (14).The root of the current problem lies in America's transitioning from an Industrial society into an Information society. Kiyosaki explains the need for transitioning our thought, "In the Information Age, what you know becomes obsolete very quickly. What you learned is important, but not as important as how fast you can learn, change, and adapt to new information" (xi). These structural changes tangibly affect us regardless of whether or not we acknowledge them. Some of the problems facing tomorrow's youth include social security, healthcare, increased risk of obsolesce through increased specialization, and the need for lifelong education. Education must adjust with the times. Currently, our education system teaches scholastic and professional skills. Scholastic education focuses on the ability to read, write, and do arithmetic. Professional education trains students for high-level careers later on in life. However, this Western brand of education fails our children in some crucial ways. Rich Dad said, "The child learns by doing, making mistakes, and then learning" (238). It's failure lies in its unconscious suppression of the innate genius within all of us, and by dismissing the role mistakes play in the learning process. This happens when our education system forces us to conform to what is only a partial definition of what intelligence is. Financial education should be taught as soon as the child demonstrates some interest. While this may happen as early as five years old, more commonly a child's perceptions and self-identity is formulated between the ages of nine and fifteen. It is crucial to form the child's perception concerning money in a positive light during these ages. Encouraged by a famous Chicago-based study on learning, Kiyosaki believes, "...a parent's most important job is to monitor, guide, and protect a child's self-perception" (109). As a parent, the process begins by devising a "winning formula" for your children. The formula Kiyosaki recommends should be tailored to each child based on their interests and which of the several types of genius they possess. Success requires having at least a winning formula for learning, for being a professional, and for financial success. We must be flexible enough to adjust our winning formulas when conditions render them losing formulas. The next step involves homework. Rich Dad said, "the primary difference between the rich, the poor, and the middle class is what they do in their spare time" (50). Kiyosaki recommends teaching financial literacy during your spare time. To better serve the greater majority of students who fall through the cracks schools must adopt new teaching methods that engage students not just mentally, but also physically, emotionally, and spiritually . One way to achieve this in the classroom is by playing games. Games engage all our senses and reinforce learning. At home this entails teaching your children through pictures, games, and real life examples. Kiyosaki encourages parents to set-up three piggy banks for their children for tithing, saving, and investing. Parents should also expand their child's financial vocabulary. Appendix A and B offer many practical lessons that parents can immediately use with their children. The larger goal to be achieved is to reorientate the way we view business and wealth. Kiyosaki says, "...if you want your children to be rich, teaching them to serve as many people as possible is a priceless lesson for them to learn" (197). Echoing the message of management guru, Peter Drucker, the primary purpose of business is to create a customer first, then to make a profit. This new perspective teaches our children and us that commitment to the public good is not incompatible with making a profit. In fact, it may be the best way to achieve social harmony. Everyone wins when we seek to develop our own unique genius and parlay our ability toward serving others while simultaneously enriching ourselves both personally and financially.
Rating:
Summary: Rich Kid Smart Kid
Review: Overall I thought this was a good book. It gave me a completely new perspective on how to make money. After reading it, I realized that I had the traditional view of working hard to earn money and putting it in the bank. Some of the ideas are a little difficult for the conventional money saver to understand, but Kiyosaki has an anecdote for just about every point he tries to make. The only drawback was that he makes many references to Rich Dad Poor Dad, and unless you have read the book(which I haven't), you are often left clueless.
Rating:
Summary: Parental Tips for Helping Children Learn Rich Dad, Poor Dad
Review: Rich Dad's Rich Kid, Smart Kid may be the most helpful book ever for guiding adults on how to assist children and teenagers in learning about how to organize their lives to be more successful. I highly recommend this book to every parent, god parent, grandparent, aunt, uncle, and caring older sibling. I think this is the best of the Rich Dad, Poor Dad series, and clearly deserves more than five stars. Think of this book as the instructor's guide to teaching Rich Dad, Poor Dad combined with a basic guide to helping young people identify their strengths and learning styles. The book also provides a sound foundation for helping young people build their self-confidence in a healthy way. Unlike the other books in the series, this one draws on the positive lessons of both Mr. Kiyosaki's Rich Dad and his Poor Dad rather than just the Rich Dad. To overcome Mr. Kiyosaki's lack of experience as a parent (he has no children), the book relies on important academic and professional research to add context for Mr. Kiyosaki's observations about his own childhood. The book begins by citing a recent HEW study that showed that 56 out of 100 people who are 65 need either government or family financial assistance to make ends meet. The book is aimed at providing children with the learning experiences to allow them to avoid that dismal financial result. Then the perspective shifts to pointing out that the change from an industrial to an information economy has shifted the rules of success in our society. The old rules were to get a good education, get a good job, and have financial security from one employer. The new rules are quite different and feature being in an environment in which one will be a free agent, work in a virtual company, get paid for results, work in many professions, retire early, work only when you are interested in working, learn in seminars rather than classes, focus on your core talents, emphasize developing and implementing new ideas, self-direct your own investments for retirement, and work at home rather than in an office. To succeed, your child will need at least three basic strategies: one for lifelong learning, one for developing a career, and one for creating financial success. The book points out that most people will have to relearn the most important areas they work in about every 2-4 years, shift professions as they reach the age at which they become obsolete, and make their money work hard for them. In the second part of the book, you will learn many basic ways to help your child learn these lessons. He points out the work of Howard Gardner in emphasizing that each of us has different dimensions to the ways our intelligence expresses itself. Find out what your child's is, praise that, and provide your guiding experiences in terms of that way of learning. In almost all cases, children like to learn through play, playing in the ways they like to play and focusing on subjects that interest them. In Mr. Kiyosaki's case, he likes things to be kinesthetic ( touching things and experiencing emotions about them), and he wants to experience them as directly as possible. His Rich Dad appreciated this and put him into situations where his learning style would work. This was the basis of the famous job in the grocery store for ten cents an hour, where he then paid the ten cents an hour to have the privilege of learning. After a while he realized the opportunity to rent and sell the returned comic books for a profit. This allowed him to understand that money is about ideas. The book then builds up the game of Monopoly as a teaching tool. Through playing the game, Mr. Kiyosaki learned that he needed to buy real estate and develop it to generate an income from investments. His Rich Dad took him along to buy a house that he later rented so he could see what was involved. Then, Mr. Kiyosaki "got it" and was able to follow that lesson to become a millionaire real estate investor on his own. The appendix by Ms. Lechter has some very good scripts that you can use for taking your children through financial field trips to bring home the message. The book also offers lots of good advice for supporting your children while they may be having trouble in school. This includes a suggestion for a test they can take to determine their learning style (the Kolbe index). You are also encouraged to find a school that emphasizes the style of learning that your child uses. On the financial side, the key concepts of Cash Flow Quadrant are greatly simplified so that they can be applied for your child. The book has many exercises you can use to give your child experience in managing her or his money. One of my favorite stories is about a boy who wanted to buy some expensive golf clubs. Be sure to read that one. Help your child obtain the spiritual, mental, physical, and emotional experiences to prosper in the new world of opportunities!
Rating:
Summary: Simple Common Sense, Nicely Presented
Review: Rich Dad's Rich Kid, Smart Kid: Giving Your Children a Financial Headstart is one of those books which present information that you should know, that you "do" know, but somehow do not always follow. There are simple yet effective strategies for teaching your children about money, long before they fall into the common financial traps in the world. The book is nicely organized, easy to read, yet provides a good amount of information and material that is comprehensible to all readers. The book is worth the time to read and to have your children read it.
Rating: 
Summary: Instant Replay
Review: Thank goodness it wasn't in slow-motion!
This is the fourth book of Mr. Kiyosaki's I have read. The ideas in all of these books could have fit in to one.
So why read this one? I couldn't tell ya
Rating:
Summary: Instant Replay
Review: Thank goodness it wasn't in slow-motion!
This is the fourth book of Mr. Kiyosaki's I have read. The ideas in all of these books could have fit in to one.
So why read this one? I couldn't tell ya
Rating:
Summary: Great Book
Review: This book was very insightful to parents all across the world. It teaches parents that in order to be successful in the financial world and the buisness world, you have to have a good education. (...)
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