I didn’t go into that much detail as I was studying for my exams but from first impressions, it seems really informative and it’s Australian based.
One other website that I was referred to really laid it to Robert Kiyosaki. It has some interesting articles as well but the audience he’s targeting are based in the US.
I’ve read this article, and although it has some interesting material, I also have to say that I wouldn’t like to try and live up to the perfection this guy requires.
Well, my eyes are hurting and I’ve only gotten half way through the analysis. I think he has some valid points, Kiyosaki’s books are about everything and nothing at the same time but on the upside, reading Kiyosaki’s book has got me thinking that there is more to life than my husband travelling four hours a day to get to and from work, to be struggling with finances, etc. We haven’t even thought past getting the house we are building finished, let alone a life financial plan! If that is not positive stuff then there is something wrong because I don’t know what else would have given us this kick up the proverbial.
He also says in his books that if you want it, study to get it so in effect, he has planted the seed and now it is up to my husband and I to do the hard work and make it happen if that is what we really want. I enjoyed the reading as I am a person who is not convinced about anything until I have seen/heard both sides and can then make my own judgements. This John guy definitely has some gripe with Kiyosaki, is it because Kiyosaki has misrepresented himself in his books or because of a personal conflict? One always has to question why someone would spend so much time and effort to slag Kiyosaki.
If John has achieved anything by writing such a piece I would have to say it is keep an open mind, always a strong point with me (if that was indeed his intentions?).
There are a number of points he make that do cast doubt on Kiyosaki’s credibility, however I came away from them with a new outlook and a determination to start doing something with my life – and maybe that’s all that matters.
The Rich Dad book started me on my financial freedom journey, mainly be underlining ideas and feelings I already had. There are many other books out there in the world of finance to improve your knowledge and no one should restrict themselves to one point of view.
I have to agree – Kiyosaki is long on ideas, but short on content.
The common consensus from all my friends who’ve read his books is not very promising. They say not to bother, so I haven’t. Do you think I should read it or is it a waste of time? By the way Angus & Robertson has “The Richest Man in Babylon” by George S Clason on special for $12.95 at the moment.
It’s in the current catalogue, Pg 5 http://www.angusrobertson.com.au/storeevents.asp?defpage=5
I’ve been told very good things about this book.
Sooshie, his books are more inspirational I think rather than educational but I have only read RDPD which is probably more of an introduction anyway. I think reading anything that is relevent to your current subject of study is good for a wider view but don’t expect to learn specifics.
Hey all…..
From experience I can say that this book is a MUST for all investore whether houses, shares or pack horses. This is an encouraging book and has a great story to teach. $12.95…..I think I will go buy a few for some of my friends.
Hope you are all challenged this week and can find out just how special and powerful you each are.
Enjoy
AD [:0)]
A great deal of talent is lost to the world for want of a little courage. Every day sends to their graves obscure men whose timidity prevented them from making a first effort.
-Sydney Smith
By all means, read the books – you may find some ideas you can use.
I can only speak for myself, but “Rich Dad” started me on a mad research / reading frenzy of which I have still not seen the end.
I have just finished “The Richest Man in Babylon” – it is a good read and well worth the price.
I picked it up because many other books referenced it and I found that many of the morals were in line with the “Rich Dad” series, which is encouraging.
Another good, easy read is “Wealth Magic” by Peter Spann (ISBN 0-7322-7431-1).
A quick download from Adobe (for those that don’t have the right software – it’s also free), then you’re presented with a map. A few clicks later & you can look at any town in Australia. If you download the XL file, there’s the usual demographical data, immigration, languages, etc…. However, on the last three pages (19-21), there some interesting stuff on housing, including numbers relating to “Being Purchased Under a Rent/Buy Scheme”.
Not only can you evaluate the number of people renting, but also the potential of wrapping success in that area – might have saved me a fair bit of money in advertising…. (that’s gotta be a good thing [])
I went into Dymocks and they sell ‘The Richest Man in Babylon’ for $18.95, and they were out of stock. So those of you who want it, you don’t have much time to get into Angus and Robertson.
Just quickly, the offer at Angus and Robertson ‘The Richest Man in Babylon’ is on special for $12.95 for the hardback only. I went in to buy one today and found that out. The paperback is $18.95.