Tuesday, January 31, 2006

Book Review: Rich Dad, Poor Dad

I found this book while browsing the New York Times bestseller list. The book, by Robert Kiyosaki, had numerous positive reviews, so I decided to request it from my library.

When I got the book, I was very surprised. The author wrote the book in such a way that it was hard to put it down. He also presented his material with easy to understand language, and cleared up many of my myths about money. Robert Kiyosaki's 'Rich' and 'Poor' dads both helped him be the rich multi-millionaire he is today. However, I don't agree with many of his arguments concerning the differences between rich and poor people. He says that all rich people are business owners, while poor people are the workers. If everyone was a business owner, no business would work. And his worst statement was how talent is always underpaid if you work for someone. If a scientist works for a medical firm, does that mean that the scientist is underpaid?

I rate this book a 4 out of 5. It helps the reader work towards his/her goal to get rich by educating themself, investing, and making money work for them.