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Summary: Optimize cashflow!
Review: I am a business owner who wasted money prior to reading RDPD. In this book, Kiyosaki emphasizes the difference between a liability and an asset sufficiently to make anyone who is prone to frivolous spending change their ways. After reading RDPD, this great book, and many reviews about the power of Optimal Thinking, I decided to read Optimal Thinking: How To Be Your Best Self. Optimal Thinking is definitely the mental software for peak performance and the "how to" obtain optimum financial results.
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Summary: This bok really helped!
Review: Thanks Robert, you really helped shed some light on a lot of financial issues! This book was able to give me insight into the type of businesses, how they work, types of investing, how they work again, and some interesting aspects on different types of jobs and how they differ. Thanks to this book I think I can further my goal of owning my own business one day...
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Summary: An Improvement Over Rich Dad Poor Dad
Review: This book is designed to work on your emotional and mental approach to financial well-being and should not be expected to be a "How To" book. As the author states in the book; there are plenty of step by step books out there but few if any deal with the misconceptions and fears one deals with when trying to learn about money and becoming rich.
At first I was disappointed that this book didn't hold my hand and show me what to do every step of the way. But after reading it, I realized that it's approach is useful: You have to change your frame of mind regarding money and how you look at your life, your spending habits, whether you accumulate debt for frivolous things or for assets that will help provide you income. Why do 80% of lottery winners wind up bankrupt within 5 years of winning their millions? Because they haven't changed their approach to money and spending. So, if you want to learn a different, more effective approach to money and riches, this book is a great start. If you're looking for a step-by-step plan to become rich, you'll probably be disappointed in this book.
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Summary: dissapointing
Review: fluff & filler - same info as found in RDPD & RD's guide to investing but with about 125 pages of worthless rambling.
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Summary: good point for life but a bit commercial
Review: Mr.Robert had saved me and some of my friends from financial disasters with his first book where the term of 'real asset' is clearly described!! However, I guess he should be more concise with his writing style (not too many repetitions from previous pages and his other books) and not too much advertising on his other products on this book. He really made a good point on defining the cash flow quadrant, but,we feel that he could make this book become more valuable 'asset' if he could just get to the point and hence reduce the book price
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Summary: Fluff
Review: This is simply a rehash of his other books. None of them any good. His redefinition of assets and liabilities is simply absurd.
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Summary: I am accruing and protecting income- producing assets!
Review: Kiyosaki showed me (a former paycheck to paycheck reader) my options for wealth acquisition in this easy to read book. I am now accruing income-producing assets and minimizing my liabilities (including unnecesssary tax payments). Wealth acquisition involves risk and Kiyosaki motivated me to learn how to manage risk and not avoid it. I agree with him that the single most powerful asset we have is the power of the mind. Rich Dad Poor Dad and this book were big wake-up calls for me to get off my butt, invest in income-producing assets and stop wasting money. Another book, Optimal Thinking: How to be your Best Self (which has been recommended by many reviewers) has shown me how to OPTIMIZE my mind power, to make the MOST of every circumstance, master my self-limiting thoughts and feelings, take the best calculated risks, create optimal contingency plans and make the most of every opportunity. I am having fun and getting rich.
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Summary: Outstanding book - perhaps his best
Review: CFQ was worth every dollar and every minute. Jam packed with information on entering the CAsh Flow Quadrant. This book is especially good for the financially handicapped (those with college and especially advanced degrees and only understand a 9-5 existance)CFQ helped take me from paycheck to paycheck to paycheck and 9-5 to self employment. I highly recommend this book along with Rich Dad Poor Dad and other books in the RD series. They are all great.
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Summary: Mostly a waste of time
Review: I read Rich Dad Poor Dad and didn't like it because it was very fluffy - no details, just hand-waving. This book was at least as fluffy as Rich Dad Poor Dad...maybe fluffier. The one good piece of advice I took away from this book (and it was probably plagiarized) was a sound numerical strategy for extricating one's self from consumer debt. If you want to read it, go to a bookstore read the last chapter or two, kindly place the book back on the shelf, and save yourself $15.
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Summary: Wonderful Real Life Education
Review: I initially disliked the name of his books and supposed concepts because I did not want to be a person going for riches. Until one day I received his books and game as a gift so I didn't want to waste it and started reading them. After playing his game, something clicked in my brain. Now I understand him and myself. It really takes that to understand what Robert is trying to educate us to see. I look around and see so many people doing what they have always done by using old concepts and yet never accomplishing what they want in life. The world has changed and new concepts are needed. Robert helps us see that and gives specific ideas and yet also makes us really think about what we want financially. Most people may not want to be extremely rich, instead they just want to be comfortable and do what they like without worrying about money again. I want financial freedom and the feeling of knowing I have the choice of choosing to stop working but that takes passive income which can be built but takes learning and time. It takes good planning and guts to do that plus discipline and that is what Robert shares with us because the world is not as it was before and so the game cannot be played as before. I have seen so many go for College degrees, MBA's etc. but are still working for money and unfortunately cannot stop working. I like the advice in Robert's books about not working for money but learning new concepts and make money work for us. It even works for us average people. I share my feelings because I know what I am talking about. I once did have passive income but I did not have Robert's education at that time and did not realize that I had passive income from a "B" quadrant business. I went for a higher paying job and lost my passive income. How dumb! I could have retired 10 years ago if I had read his books earlier. As Robert says, mistakes are OK as long as we learn from them and I have a better future ahead because of my mistakes. From the bottom of my heart, I thank him and all the people who helped him in his books.
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