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Rich Dad #9

by Robert T. Kiyosaki, Sharon L. Lechter, Tạ Nguyễn Tấn Trương (translator)

Following the highly successful Rich Dad Poor Dad, this edition is just for teens! Many teens are not taught good financial habits by their parents, and certainly don't encounter them in school! It's never too early to learn the secrets of managing money wisely, and even young people can learn how to make their money work for them. Thinking rich pays big, as rich dad will prove to this much younger audience, preparing them for a life better and richer than the one their parents had.

Genres: Finance, Nonfiction, Business, Self Help, Money, Personal Finance, Personal Development

137 pages, Paperback

Published August 1, 2013

About the author

Robert Toru Kiyosaki is an American businessman and author, known for the Rich Dad Poor Dad series of personal finance books. He is the founder of the Rich Dad Company, a private financial education company that provides personal finance and business education to people through books and videos, and Rich Global LLC, which filed for bankruptcy in 2012.
Since 2010, Kiyosaki was the subject of a class action suit filed by people who attended his seminars, and the subject of investigative documentaries by the CBC, WTAE-TV and CBS News. In January 2024, Kiyosaki revealed that he was more than $1 billion dollars in debt.

Reviews

[Jeffrey · Rating 5 out of 5]

Every teenager should read this. How important is it to learn about avoiding credit cards like the plague? How important is it to learn about compound interest? How important is it to learn about investing in real estate which out weighs any other asset class hands down, 100 to 1, 10000 to 1! What your children are learning or not learning about investing at an early age will to a great degree not only affect them financially, but emotionally, even spiritually. It's a sin and a damn shame that a solid financial education is not provided by schools or financial institutions. What our kids aren't learning may kill them, literally. This is a MUST READ!

[Molly · Rating 1 out of 5]

I am a YA librarian and have been trying to develop our teen finance collection, so read this book to gain a little perspective on what is out there. I am sure it may be helpful for some teens, but I'm only giving it one star because I find the information vague, overly simplified (even for teen readers!), and presenting a very narrow perspective. On the plus side, the author's voice is very encouraging and not pretentious, so some kids may find that appealing.

[Marcos · Rating 3 out of 5]

Yes, I read a book for teens, because finances isn’t a subject I’m used to, so I wanted something that had an accessible language. This book has great didactics and good teaching, but I thought it could have gone deeper into the subjects covered.

Some things are incompatible for those living in emerging countries and more ideal for residents of developed countries, and it is very simple for teens and more ideal for children. I think it is very important for everyone to have a consistent financial education but find another author.

After reading this book, I wanted to know more about the author and found out that he wrote two books with Trump, and during one of the interviews I watched, he says he's an admirer of the current US president. This was the first and last book I read from Mr. Kiyosaki.

[✪ JY ✪ (conans version)(Semi-Hiatus)]

This was an interesting read, there were lots of tips and such and I feel like it teaches financial literacy in an engaging and real-life way and has changed my perspective on some things.I feel like the book explained stuff in an easy-to-understand way and I would rec for any teens such as me interested in financial literacy.
The only thing I would say is that it was slightly outdated including some of the ideas.

[Bookworm Amir · Rating 5 out of 5]

The book can be read quickly - most of the time it is giving specific examples (stories) of how his theories have been applied.

First I must say that the book truly is inspirational - why a smart man may not be smart at all if he knows nothing of financial intelligence - and made me see how less I knew of it.

Secondly the rules are so simple - yet so hard. There are diagrams in it that will help ease understanding.

Thirdly - this is the book that my current entrepreneurial friends have told me that helped sparked their business.

I have started small, and started saving because of this book. I wished I had read this book when I was younger, and thankfully, I am still considered young...I guess.

Is it a good read? No, my friend. It is a must read.

[Jodi · Rating 3 out of 5]

My oldest boy is so interested in money... We are reading this together and he is learning what he needs to.. to get ahead of the game!

[Pavelas · Rating 3 out of 5]

Labai kvailas pavadinimas, nors knyga visai nieko, turint galvoje tikslinę auditoriją. Vasaros darbai ir paauglių antreprenystė nėra man tinkami būdai siekiant finansinės laisvės. Tačiau plačiąja prasme pasyvių pajamų stauto didinimas turėtų būti ne tik paauglių, bet ir suaugusiųjų siekiamybė. Kažkaip įsitraukęs į šią temą, po to ėmiausi dar kelių knygų apie investavimą, pasyvias pajamas, verslo kūrimą. Taigi, nesigailiu perskaitęs dėl įkvėpimo domėtis toliau, nors suaugusiems ir rekomenduočiau kažką rimtesnio.

[Ariana Taylor · Rating 3 out of 5]

My uncle got me to read this book cause i never really read “self help” books. This book was actually quite helpful the reason i rated it 3 stars is cause it was very repetitive. I did a lot though and this has inspired me to read a self help book once a month from now on.

[Miguel Cisneros Saucedo · Rating 1 out of 5]

"Padre Rico, Padre Pobre para Jóvenes" de Robert Kiyosaki me dejó profundamente decepcionado. A pesar de la popularidad de su predecesor, este libro parece más una versión diluida y simplista de las ideas ya presentadas en el original. La calidad de los consejos financieros es cuestionable, y la forma en que se presentan carece de la profundidad y la sustancia necesarias para guiar verdaderamente a los jóvenes hacia una comprensión sólida de las finanzas personales.

En lugar de ofrecer ideas frescas y perspicaces, Kiyosaki se aferra a conceptos previos sin aportar una perspectiva nueva o relevante para la audiencia joven. La falta de profundidad en la presentación y la repetición de ideas simplificadas hacen que el libro parezca más un intento de capitalizar el éxito de la obra original que una contribución valiosa al conocimiento financiero para jóvenes.

Además, la falta de rigor académico y evidencia empírica en sus afirmaciones socava la credibilidad de Kiyosaki como guía financiera confiable. Las anécdotas personales no son suficientes para respaldar sus teorías, y el tono a menudo simplista y motivacional no proporciona el fundamento sólido que los jóvenes necesitan para tomar decisiones financieras informadas.

En resumen, "Padre Rico, Padre Pobre para Jóvenes" parece más una versión comercializada que un esfuerzo genuino por educar a la juventud sobre las finanzas personales. La falta de profundidad, la repetición de ideas y la ausencia de respaldo sólido hacen que esta obra merezca solo una estrella en mi evaluación.

[Andie · Rating 4 out of 5]

I really really liked this book. It was enjoyable to read and taught me a great deal about how to always look for opportunities and how to THINK about money. We have even started playing CASHFLOW the game and are loving it. Highly recommend both this book and the CASHFLOW game.

[David · Rating 1 out of 5]

Seems like a terribly rushed rebranding of his book targeted at raising kids.
If you are a teen and want to learn. Buy the one for kids instead. It will teach you more and will not seem like rushed secondhand filler.

[Christian · Rating 3 out of 5]

I should have read this book when my mom gave it to me way back when... but, i didnt. It was for a younger audience than for me but it was still nice to start my financial life off at the most basic building blocks :) It has some helpful basics on how to save, the types of income and financial statements. The only part I absolutely hated was chapter seven because all it was was an advertisement for the authors other financial gimmicks... so skip that chapter... and read this book when you are 12.

[Prashant · Rating 4 out of 5]

I have given 4 stars to it b'coz I just love the lesson by Robert Kiyosaki though if you have read the original 'Rich Dad, Poor Dad' then I would say there is not much of new wisdom in this book.

However, if you have a child then it's a perfect gift if you really believe in Robert Kiyosaki principals because I can assure you, the book is going to make an impact.

My favorite lesson is: Don't work for the money but work for the learning.

Great book to read and enjoy a weekend.

[Paul Sidwell · Rating 5 out of 5]

Full of information for teenagers to start a REAL education on money and how it works. I read it as a father of 11, 8, and 6 year olds who are interested in learning about money and of course, how to make it!

[Islam Abdelbary · Rating 4 out of 5]

كتاب جيد
انهيته بعد ان انهيت اغنى رجل في بابل
وكان هذا الترتيب محض توفيق من الله
حيث القى الكتاب الاول دعائم بشكل جيد
ثم تحدث الكتاب الثاني عنها بصورة عصرية
مع مراعاة فرق البلد وظروف الاستثمار
الفكرة العامة جيدة يمكنك الاستفادة منها
بخلاف اغنى رجل في بابل كتاب شامل لكل عصر ومصر

[Juan Hidalgo · Rating 2 out of 5]

Leído por recomendación de un amigo. El fondo del libro son un par de consejos simples repetidos ad infinitum, el tono es de telepredicador o de libro de auto-ayuda. Nada del otro mundo.

[Sylvia K · Rating 1 out of 5]

Might be good for like an 8-12 year old but I think it's way too simple for "teens"

[Ádám Ferenczi · Rating 1 out of 5]

Barely any information, probably most teens are already familiar with these definitions.

[Tamara · Rating 4 out of 5]

There were a couple of good chapters with advice on assets and liabilities and credit cards and managing debt and such but too much of it was life advice. It wasn't bad advice, it just wasn't what we were looking for. I previewed it before deciding whether or not to recommend it to my teenager. He is interested in money and investing but would likely snore through the life advice bits. If you have a teenager who is likely to get out in the neighbourhood and drum up business or try to get a mentor, this book might be for them.

[Vrinda S · Rating 5 out of 5]

I read this even though I’m not a teenager, and the information in this book is so easy to understand. The book is written to inspire young minds to begin saving and understand the implications of positive cash flow! A good and informative read!

[Sol Villagarcia · Rating 3 out of 5]

Me enseñó algunas cosas que no sabía. En general, muchas de ellas eran simples. Algunas me ayudaron otras no. Pero es un buen libro para jóvenes que no tienen absoluto control del dinero. Para niños de colegio.

[James · Rating 3 out of 5]

Although the book is getting a bit dated with its examples, the ideas and concepts are still relevent.

[Boukman Bastia · Rating 3 out of 5]

A good simple read for teens.

He beautifully condenses rich dad poor dad into a form that could easily resonate with teens.

[Sophia (taylor's version)]

not gonna rate it like I normally rate other books cause it's nonfiction but I would say it was 3.5 stars rounded up

[Glenn · Rating 3 out of 5]

Suggest reading through the Rich Dad Poor Dad with family members for a more comprehensive understanding of his concepts. Otherwise, it's an OK starting point for young readers.

[kyla joy ♡ ⭐☕ (slowly coming out of a reading slump) · Rating 3 out of 5]

My dad made me read it. It wasn't horrible but the audio book literally saved my life. Ooo and my dad told me that he would buy another book if I read it so that was basically my only motivation. Anyway I learned a few things and it was pretty informative

[Ejayen · Rating 4 out of 5]

Not deep enough, but interesting.

[Yuqi · Rating 4 out of 5]

Some good financial advice I havent really heard about expanding your income beyond budgeting, but admittedly repetitive :/

[lindsey ✯ · Rating 3 out of 5]

DNF, I will try to finish it later, I have to return it to the library.

[Mik Lugay · Rating 3 out of 5]

Robert really is milking his ideas about and for money. Although it's a good book, It's literally 90% just like the OG book rich dad poor dad. 90%! If you've read the OG book, you'll get nothing new from here, maybe just little details, but overall this book is basically the same as Robert's other books.