Review of Rich Dad Poor Dad

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Rating

8 Overall

8 Applicability

8 Innovation

8 Style

Review

Best-selling author Robert T. Kiyosaki has built an empire of financial advice books. The titles of many of his popular books feature the words “Rich Dad.” Kiyosaki – writing here with consultant and CPA Sharon L. Lechter – presents the lessons in those books in the form of a literary seesaw: He had two fathers. His real dad was educated but poor, and his second dad (his best friend’s father) was self-made and rich. Both taught him life lessons that reflected their individual character and experience. One was a fearful loser and died owing money. The other was a self-made, bold winner, who left money to charities and to his family when he died. The two men’s diametrically opposite attitudes – loser/winner, small timer/major leaguer, scaredy-cat/big bad wolf – provide the narrative journey that Kiyosaki travels to instruct readers about financial planning as he was instructed.

About the Author

Robert T. Kiyosaki’s financial advice books feature many Rich Dad titles as well as other bestsellers, including Retire Young, Retire Rich and Second Chance: For Your Money, Your Life and Our WorldSharon L. Lechter is a consultant and CPA.

 

Rich Dad, Poor Dad is sometimes a windy fable. Kiyosaki describes himself at different ages and presents what he claims are word-for-word versions of the initially baffling – but, later, profound – teaching moments both fathers provided. The rich dad talks in riddles and disguises his true intent. The young Kiyosaki finds this confusing until – after he makes mistakes that lead him to his true course – a blinding flash of revelation reveals his rich father’s purpose. This narrative can get old fast, but Kiyosaki fills pages with it. He spends a lot of words recounting one of his early misunderstandings of the phrase “making money.” But that’s his nature; he’s a hokey storyteller, and he pads his advice. However, Kiyosaki isn’t a repeatedly best-selling author for nothing. His prose rips along: all short simple sentences and rhythmic punch lines. He writes page-turners.

Each chapter functions as a single, stand-alone lesson that connects logically to the lesson that follows. You could read only one chapter and gain from applying its teachings. You can read the chapters out of order, depending on what you want to know. Kiyosaki understands that his readers will find some concepts easier to grasp than others. He keeps each chapter short and to the point. When he sets aside his pervasive two-dads device, Kiyosaki delivers straightforward, worthwhile financial and life advice. He’s not writing for those with sophisticated knowledge of the market. He’s writing for low-income and middle-class workers who are trying to understand the complexities of their finances and potential investments so they can craft a secure financial framework.

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