Robert Kiyosaki: My Take
Nov 6th, 2007 by Nut
After reading some pretty negative stuff about him on The Simple Dollar (a blog I enjoy on a daily basis), I wanted to chip in with my two cents on this guy.
I regularly read his articles whenever they come up on Yahoo Finance. And for the most part I disagree with what he says. He mixes in some of that “you can be rich with my program!” type stuff with real, sensible advice. For the layman, it can be very confusing. It also creates a lot of debate and animosity towards him.
I don’t like the guy either, but I must say that his book—Rich Dad, Poor Dad—is what got me started into the realm of personal finance and investing. A few key words from that book like “make your money work for you” really got into my head and woke me up from my ignorance about all things financial.
After that book I read Peter Lynch’s books and then eventually hit on all things Buffett.
So as much as I dislike Kiyosaki, I feel like I have to at least give him credit for getting me started on the path of financial consciousness. As his book did for me, I’m sure it helped start others on the right path too. And that’s a good thing.
i have the same reaction to him. good and bad. he got me thinking about how rich people make money work for them. it’s just that his advice on how to go about it is not as compelling (or wise!)…
[...] and we both share an affinity for Warren Buffett. We both got started in all this after reading Kiyosaki’s book Rich Dad, Poor Dad, [...]
[...] Robert Kiyosaki’s book, Rich Dad, Poor Dad. While there is some controversy surrounding him, my take on him is still a positive one overall: he gets novices thinking and talking about finances—no [...]
I enjoyed reading his book, Rich Dad, Poor Dad. I’m giving it away for free at Prime Time Money. Here’s the link: http://ptmoney.com/2008/01/17/book-give-a-way-win-a-copy-of-rich-dad-poor-dad-or-die-broke/
[...] you to see when you’re veering in that direction. So it can be a good thing—look at what Kiyosaki has done with his “bad” [...]
[...] do have to say one good thing about him: I have to give him credit for starting me on the path of financial responsibility. If it wasn’t for him and his book, [...]
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