Rich Dad Poor Dad for Teens: The Secrets About Money--That You Don't Learn in School! by Robert T. Kiyosaki, Sharon L. Lechter Summary and Reviews
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Book Reviews of Rich Dad Poor Dad for Teens: The Secrets About Money--That You Don't Learn in School!
Book Review: Could Be Better
Summary: 3 Stars
I am a teenager who had previously heard of his book for adults under the same name. I bought the teen one because it looked like it would be simpler and I felt I would learn better with the exercises. But I feel it was too simplistic and I wonder if I would have been better off getting the book for adults.
It is still useful but maybe what I was looking for was more information. This stuff felt too general talking about assets versus liabilities or good debt versus bad debt. Since I am still interested in the subject matter I will not give up.
I might try one of his adult books before I give up completely.
Book Review: NO SECRETS
Summary: 1 Stars
I READ THIS BOOK TO SEE IF IT WAS AS THE TITLE SUGGEST IT IS.THERE ARE NO SECRETS. IT IS JUST A CASUAL CONVERSATION IN THE DIRECTION OF TEACHING YOUR TEEN ABOUT MONEY.Book Review: Good beginners book
Summary: 4 Stars
THis book is good for people that don't know much about money or aren't very creative. But nonetheless it's a good "bebinners" book.Book Review: More emphasis need on education, being formal or financial
Summary: 4 Stars
The author, while he does suggest education is important, does not stress it - he suggests advanced education is important only if you are entering into a professional career. (Read the introduction to see what I mean) - You may want to speak to the your children on that, I felt a bit uncomfortable knowing that's what my chilren would be reading.
It was just 2 paragraphs. Maybe I am sensitive to education and what it means, but I certainly don't want to give anyone `permission' to not study. Formal education or financial education both take time and effort, nothing comes easy.
All else was golden, especially hearing it as young people. As in all things, we take what is good, and leave the rest.
Book Review: Still worth reading...offers good teen-friendly advice on achieving a financial headstart & freedom!
Summary: 4 Stars
Despite the controversy surrounding the author, Robert Kiyosaki, I strongly feel that this particular book is still worth reading by teens, as it offers good teen-friendly advice on achieving financial headstart & freedom.
Overall, his advice is also given in a straight-talk, easy-to-understand manner.
In a nut shell, this particular book covers basic principles of cash flow, assets & liabilities, savings & investments, as well as spotting money-making opportunities. There is even useful information about personal learning style while developing financial intelligence.
Yes, the author's published stuff to some extent may seem hyberbolic on the surface, but deep down, you can always discern some useful learning from some of his teachings. [Personally, I have encountered the author in Hawaii. Frankly, I don't like his arrogant attitude & his seemingly characteristic propensity for running circles around people who ask pertinent questions, but I do respect some of his thoughtware.]
His core financial advice to teens is certainly realistic:
- work to learn, not to earn;
- don't work for money, make money work for you!;
- play games to learn!
Allow me to share this simple reading philosophy of mine: Absorb what is useful; reject what is useless; research your own experience & add what is specifically your own!