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Read “Rich Dad Poor Dad”. It is really all you have to do to get the financial education needed to manage money well. It changed my life.
by mbrodersen 4y ago
Read “Rich Dad Poor Dad”. It is really all you have to do to get the financial education needed to manage money well. It changed my life.
- unmole 4y agoCounter view: Rich Dad, Poor Dad is a awful book with terrible advice written by a charlatan. Stay well away from it.
- cdong 4y agoI read the book as a teenager and gave me some thought on financial literacy from a very young age. As a starting point with a good story its a decent book. Unsure about the rest of the series.
- mbrodersen 4y agoThe rest of the series is simply the same message repeated in different ways. Not worth the $. All you need is the first book.
- yunohn 4y agoMaybe you can provide some detail for this counter view? Otherwise it’s just confusing what to believe.
- unmole 4y agoLet's see: - He discounts the (financial) value of education - Deliberately muddles the definition of an asset and a liability - Suggests commiting tax fraud and participating in insider trading - Fails to offer any actually good investment advice
- yunohn 4y agoThanks for the clarification! I will steer clear of this book then.
- foobarbaz33 4y agoYou might want to take everything with a grain of salt. The book. And the criticism of the book.
- mbrodersen 4y agoThe negative reviewer clearly didn’t get the book or for some reason dislike the author. The counter examples are simply false.
- joemazerino 4y agoThe entire premise of Rich Dad, Poor Dad is to move from the ES (Employment, Service) side of his ESBI equation to BI (Business, Investment). This is sound financial advice. You're also confusing tax deferral with tax fraud. Nothing he wrote is illegal.
- mbrodersen 4y agoYep agree. The negative reviewer clearly didn’t get it.
- mbrodersen 4y agoHave you even read the book? It sounds as if you either didn’t read it or simply didn’t get it.
- unmole 4y agoWhich specific point in my comment do you take issue with?
- mbrodersen 4y agoAll of them. I get that you don’t like the author. OK that’s fine. But every single counter argument you make is false.