To be fair, I only made it to page 147 before I stopped reading Rich Dad Poor Dad. This book bothered me quite a bit. The main reason I put this book down was Kiyosaki’s lack of details. He continually says how rich he is but never gives concrete examples. He talks about wholesaling houses but doesn’t do anything to educate you on the steps needed to do that.
As he gets on in the book the story from the beginning falls away and he just randomly tells you how rich he is.
Some of his advice even seems unethical, when he talks about investing based on information that friends at companies have given him.
Don’t get me wrong, this book does have some good advice. Kiyosaki suggests starting a business for the tax benefits and to build up your asset column with things such as real estate, stock, bonds, business revenue, etc.
However, I don’t feel he does a good job of explaining in detail why some of these decisions are right or who they are right for.
I had to put this book down because my reading list is long and I didn’t feel like this book would give me any new knowledge.
If you are interested in personal finance it might make more sense to read a few blog posts out there as opposed to buying this book.
Sorry, no takeaways here.
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