One of the best success books I've read is Rich Dad Poor Dad.

I don't know how many of you have read this or what you've heard about it but all I can say is that its excellent! :thumb:

He really helps you understand what a true investment(asset) is.
Is that house you own an asset or liability?

Its worth a read...

Another book i will add to my list could you elaborate a little more about it.

Nathan,

Is the book family oriented? Putting kids through college, etc, or is it more general in nature?

Thanks.

Rich Dad Poor Dad is about a guy who had two influential people in his life. One was well educated and had to good job. The other one had little education and invested his money.
The book looks at what a true asset is and what is a liability. Example: most people view their home as their biggest investment (asset) however this book shows you why its really a liability!
People tend to get trapped into "the rat race". Every time they get a raise they end up spending more money on nicer cars, bigger homes, etcc... and they never truely invest.

All I can say is that it is worth your time to read it. Don't get it on tape either because there are a few really good diagrams in the book that will really help you out.

I've read a lot of finance type books and I think this one is the best! :thumb:

Nathan,

Thank you very much for the summary. The book sounds really interesting. It raises some interesting points.

I've never read (listened) to a tape on book, and I don't plan to start either. I can only think of one situation when I would listen to a book on tape, and that would be if I was a truck driver. =)

I currently have a 1hour 15 min drive to work each way. I make use of book tapes whenever possible. I also learn better when I hear but not with this book.

Actually, I have this book on CD as well and just started to listen to it again. But I'm glad I read it the first time.

Kiyosaki has some other interesting books you might want to check out too. I think he has some good things to say, but he has a weird cult-like following that is kind of turn off for me.

I read this book years ago, but I never really took his suggestions because I got too caught up in work and raising a family.

I agree Tom, he has a very weird "AMWAY" following.

I just take the good stuff and leave the rest.

Like someone said in another forum, almost any famous or influential person will wind up with a following of people, and some of those people can be quite, er, weird. That's one reason why famous people usually have people with them at all times for protection.

As they say... you can't throw out the baby with the bath water.

They may have some strange people following them... but that doesn't mean they don't have great ideas!

A friend of mine just started reading Cashflow Quadrant by him and he is very excited by the ideas in it.

That book is sitting in front of me right now!

I'm only in the 3rd chapter but its great. It really helps me understand my attitude/abilities toward making money.

This is the friend that I was reading Think and Grow Rich with awhile back. He says he thinks Cashflow Quadrant is way better. I'm looking forward to checking it out.

I haven't read the book, but I did read some exerpts from it. The exerpts were excellent and I learned a lot just by reading that small sampling.

I find Rich Dad, Poor Dad to be real solid stuff. When stuff like this takes on a "cult" like feel, it is often because you get people who are highly fanatical about it and believe in it a lot. I find the stuff very good as one of many sources one can use. It is important that people not stop at one source and go beyond. The Rich Dad books have list of other books that the author recommends people read. Go and read those. A path to success can be found by going where other people point.

I also read through Dave Ramsey's "Total Money Makeover" book and found it solid. I would recommend starting with his book until you get your debt managed, and then go with Rich Dad to take you to the next level. Dave Ramsey is there to get a person out of debt and started on the road to wealth.

This is the friend that I was reading Think and Grow Rich with awhile back. He says he thinks Cashflow Quadrant is way better. I'm looking forward to checking it out.
CashFlow Quadrands is a SUPERIOR book to Rich Dad. :thumb:
BUT, ya gotta read Rich Dad first, or you'll be coming into the Opera about the time the Fat Lady is clearing her voice! :hmm:

Kiyosaki did not expect his simple little book to explode like it did, :yikes: which was after CashFlow Quadrants. When he saw what was happening, he quickly created a little empire, and went on the write several other RDPD books, including CashFlow for Kids, for Investing, for ........, in addition to bringing other people on board as a "Rich Dad" advisor.

Like him or not, those first two book are excellent books to help people realize where they are in terms of their Job or Career or Business or Investments.

The game CashFlow is really good too. It's a more real-world approach to the old favorite Monopoly game. It's very expensive ($195) but you can usually find a facilitator near you, or just play with a friend. Thats what it's for!

This is the friend that I was reading Think and Grow Rich with awhile back. He says he thinks Cashflow Quadrant is way better. I'm looking forward to checking it out.

I just finished Cashflow Quadrant. It definitely is worth reading Rich Dad first, and then this one. This second one is so good though. I can't recommend it highly enough. Kiyosaki definitely will be a role model for me, because of his situation would serve as a good match for where I am and where I would head. It is reading Quadrant this became clear.

- Richard

Rich Dad Dot Com (http://www.richdad.com/)

I think Kiyosaki created a successful business system in his own right. He says his goal is to "elevate the financial well-being of society" it's no wonder he's popular. I'm not sure what you mean by "cult following" but it seems that people do like his stuff. I read a few - Rich Dad/PD is not one of his best books. It's way WAY in layman's terms and there are other books in the Rich Dad series that are a lot more useful and business oriented.

BTW - how can I start my won post? Hehe you're an admin I thought I'd sneak that in there.