Book Title: Rich Dad Poor Dad
Author: Robert T. Kiyosaki
Best Place To Buy: Amazon.com
Metaphysical Corporation Rating: 9 out of 10
Rich Dad Poor Dad Overview
So this Rich Dad Poor Dad review might seem a little out of place on a website that is sharing metaphysical principals and law of attraction techniques. I was initially doubting it myself when I was inspired to include this book, but I was compelled to write this review because I believe it stands as a piece of work that will give anyone who reads it the correct mindset to live the life they desire. Yes it is focuses mostly on financial intelligence and yes it goes into details about how money flows into and out of your bank account. However, the golden thread of divine truth running throughout the entire book is that a creative, faithful and expansive mindset is what will give you freedom firstly in your mind and then in your finances. Upon reading the first page I knew instantly why it had shown up in my experience and also what great valuable information it had for me. Like many others, I had rewired my brain over the years into an abundant mindset and was experiencing feeling really good on a daily basis, unconditional of the conditions of my life situations. But, my finances were always so ‘here today, gone tomorrow’ and it was becoming a real sticking point for me. I had to really invest some time in smoothing out and cleaning up my beliefs around money, and that’s when Rich Dad Poor Dad came to me. The two dads in the title refer to Kyosaki’s main influences growing up, the poor dad being his own father who worked a steady job all his life and the rich dad being his friend’s father who invested in a multitude of businesses.
In this Rich Dad Poor Dad review I hope to give you a good insight into the book and why you will benefit from reading it.
The Value of the Content
What stood out for me when I started reading this book was the energy of integrity and passion that it was written with. As a metaphysician I had been focusing my attention on the feelings of freedom, joy, ease and peace which have unfolded time after time the next step of my path in the form of a book, a video, a person or a situation. I have trained myself to recognise the sensation of what the next step feels like and when Rich Dad Poor Dad came to me I was surprised to say the least as I have been studying and reading much more spiritually based content.
I asked within, ”How can this book help me with the unfolding of my vision?”. The answer was simple, financial intelligence. Financial intelligence is something that none of us get taught in school, yet without it we are unable to solve our financial problems later as adults as we do not have the information, knowledge and beliefs that enable us to live a financially free life. It’s the values inherent to a wealthy mind that are the most valuable asset to any one with a dream of becoming wealthy, and you will find them clearly outlined in this book.
The Simplicity of How Money Works
The message that Robert T. Kyosaki is delivering to the reader is that money can work for you rather you working for money. This to me is a very significant power shift within our minds with regard to beliefs associated with money and how we go about attaining it in our lives. The first real tangible piece of information that is mentioned is the difference between an asset and a liability. Sounds too easy right? Well it really is that easy and to have this basic knowledge is to understand essentially how money can work for you. There are many examples in the book of the two different approaches to money by the rich dad and the poor dad, for example: Poor Dad says, ”Our house is our largest investment and our greatest asset.” Whereas Rich Dad says, ”My house is a liability, and if your house is your largest investment, you’re in trouble.” culminating in two very different outcomes at the end of their lives.
These are the six main lessons in the book which are the financial success principles taught to Robert by his ‘Rich Dad’. I’ll let you delve deeper into the details!
- Lesson 1: The Rich Don’t Work For Money
- Lesson 2: Why Teach Financial Literacy
- Lesson 3: Mind Your Own Business
- Lesson 4: The History Of Taxes And The Power Of Corporations
- Lesson 5: The Rich Invent Money
- Lesson 6: Work To Learn Don’t Work For Money
Pros and Cons
There are definitely some pros and cons to consider here, and as is the case with any review I am giving you my opinion, from my perspective.
- Easy to read writing style
- Simple and inspiring message
- Wealth mindset practices introduced
- Basic financial literacy taught
- Written from a place of experience
- Good introduction to start becoming financially intelligent
- Great cause and mission to educate people on how to become financially free
- Written by a self professed ‘salesman not an author’
- Some out of date tax avoidance facts
- Could be considered insulting to those in a financial position referred to as being a ‘hamster’.
Financially Intelligent Conclusion
This book caused a lot of controversy when it came out twenty years ago and still does today, mostly I believe due to the fact that Robert Kyosaki delivers some home truths that many in an unhealthy financial position find hard to digest. Whatever your reason for reading the book is, I believe you will find it intriguing and inspirational. The story of Robert’s childhood mixed in with financial literacy guidance and diagrams made this a really pleasurable journey for me. I truly admire the cause that is behind the intention of the book, to inspire and educate the poor to become rich through their own minds and actions. This is the mission carried forth from such metaphysicians as Wallace D Wattles (click here to read my review of The Science of Getting Rich’) and the great transcendentalist Ralph Waldo Emerson in his pragmatic 1841 essay entitled ‘Self-Reliance’.
I learnt a lot from Rich Dad Poor Dad and will always recommend it to others who are on their way to becoming more financially intelligent. Despite the fact that Robert T. Kyosaki proclaims himself as being a salesman and not a writer, I really enjoyed the flow and structure of this book. The fundamentals of financial literacy are definitely covered here, the only thing you have to bare in mind is that the examples of other people’s success stories are not there for you to replicate, they are there to inspire you to create your own financial success story.
The Law of Attraction is touched on in the latter part of the book in the chapter entitled Getting Started, along with some good life management tips. The Law of Reciprocation is also shared here with a great example of how giving to others will bring more into your own life if you are not just giving to get more, but giving to be able to give more. If you are offended by the blunt facts of why you are not in the financial position you would prefer to be in then be prepared to take it on the chin and then pick yourself up and move forward with some empowering information to help you improve your financial intelligence.
”Proper physical exercise increases your chances for health, proper mental exercise increases your chances for wealth”. Robert T. Kyosaki
As an added bonus there is a 20 year anniversary edition now available with margin notes from Robert T. Kyosaki. Click here to buy it! Also there is a fun board game that Kyosaki has designed to teach all the principles taught to him by his rich dad plus all that he has learnt himself since becoming one of the world’s top investors. The name of the game is called Cashflow and after watching a couple of videos on YouTube about how to play it, I found that there is a whole movement and business franchise bringing groups of people together to play the game as a tool for learning how to be a financial investor. Seems like there really is no limit to Robert T.Kyosaki’s vision!
It is time to awaken the Financial Genius that lies within you.
Your Genius is waiting to come out!
Rich Dad Poor Dad by Robert T. Kyosaki is a must have on your physical or virtual bookshelf.
I hope you enjoyed and found my Rich Dad Poor Dad review helpful. Please feel free to comment below about the review, your experience of the book and any questions you may have.
Founder of MetaphysicalCorporation