Rich Dad Poor Dad: Reader Reviews & Ratings

Neo2026-10-17 08:15

Kiyosaki's cash flow test helped me realize my house is actually a liability, not an asset, and I need to stop using raises just to buy bigger things. Instead of chasing a higher salary that gets eaten by lifestyle inflation, I can start allocating even small amounts of money toward dividend ETFs or digital products that generate passive income without trading more hours for cash. This mindset shift from working hard to working smart is the key to escaping the trap where everyone stays stuck paying off liabilities instead of building wealth. By focusing on assets that put money in my pocket, I can eventually cover my expenses without needing a paycheck, which is true freedom. It is not about getting rich quick but about building systems that work for you over time, so I can choose how to spend my time rather than just surviving the rat race forever.

Davis2026-10-17 01:29

The story about the 10-cent job lesson changed how I see my own spending habits today. I used to think a salary increase meant I could afford a new car, but this book made me realize that car payment is actually a liability that drains my cash every single month. Instead of upgrading my lifestyle to match my higher income, I should have used that extra money to buy an asset like dividend stocks or a small rental property that generates passive income without me working extra hours. The distinction between assets putting money in my pocket versus liabilities taking money out is the most important concept I learned, and it explains why so many people stay trapped in the rat race forever. I now know I need to stop trading my time for money and start building a system where my money works for me, even when I am on vacation or just spending time with my family. This book is a no-nonsense blueprint for anyone who wants to break the cycle of working paycheck to paycheck and finally gain control of their financial future.

Dominic992026-10-03 09:27

The story of the two fathers perfectly illustrates why working hard without investing assets keeps you trapped in the rat race forever.

Andrew2026-09-26 02:48

Kiyosaki contrasts Poor Dad and Rich Dad to show that true wealth comes from assets like rental properties or dividend stocks that generate passive income without requiring your constant presence or effort, whereas liabilities like a primary home or a loaned car constantly take money out of your pocket through mortgage payments, maintenance costs, and insurance premiums, trapping you in a cycle where you work longer hours just to maintain a lifestyle that drains your bank account instead of building a system where your money works for you to eventually escape the rat race and gain control of your finances by distinguishing between what puts cash in versus what takes it away so you can start making small intentional choices today.

Jamie2026-09-21 01:11

Reading about the cash flow test changed how I view my primary home as an expense. Kiyosaki contrasts the Poor Dad who trades time for money with the Rich Dad who builds assets like rental properties that generate passive income without requiring his constant presence or effort, helping me understand that true financial literacy isn't about negotiating a higher salary but acquiring things that put cash in my pocket. The story of the convenience store lesson where Kiyosaki learned to control his emotional reaction to money and look beyond instant gratification was a powerful moment, teaching me that escaping the rat race means working smarter to create systems that sustain me for life even when I choose not to work, rather than just grinding for a raise that only funds more liabilities like a bigger car or mortgage. This mindset shift from working hard to build wealth to making money work for me is the foundation of freedom.

Allison2026-09-14 13:32

This book finally explained why my raise just made me poorer instead of richer.

Adele232026-09-05 18:25

Assets put money in your pocket while liabilities take it out, a simple rule that changed how I see my finances.

Nell72026-09-01 22:35

The cash flow test changed how I view my house and car, realizing they drain money instead of building wealth like true assets should.

Freya2026-08-30 08:31

Reading this made me question why I work so hard just to buy things that cost me more every month.

Wallace662026-08-29 17:27

My phone bill is too high.

Louis2026-08-28 21:05

The story about the 9-year-old Kiyosaki quitting his job because he was underpaid really hit home for me because it showed how focusing on immediate pay traps you in a cycle of working hard for little gain instead of looking for long-term opportunities that build wealth. Rich Dad used that frustration to teach him that the real goal isn't the wage but building a system of assets that generates income even when he is not working, which is the only way to truly escape the rat race and gain financial freedom.

Wyatt92026-08-26 05:35

Finally understood that true wealth comes from assets generating passive income instead of trading time for money to pay for liabilities.

Eliana2026-08-21 21:17

Changed how I see my salary.

Imogen2026-08-21 03:03

Reading about Ray Kroc revealed that his real wealth came from owning the real estate where McDonald's franchises operated rather than selling burgers, which perfectly illustrates the difference between a job where you trade time for cash and a business where assets generate passive income without your daily involvement. This example made it clear that climbing the corporate ladder often just leads to higher taxes and lifestyle inflation without building the systems needed for true financial freedom.

Shawn952026-08-20 07:13

Simple lesson on assets and liabilities.

Ariel2026-08-18 15:09

Good lesson on assets versus liabilities but feels a bit too simple for complex real life situations.

Theo82026-08-16 01:04

The explanation of how corporations spend first and pay taxes later compared to individuals who pay taxes before spending is a huge advantage that most people miss when they think the rich pay the highest taxes. This legal framework allows wealthy people to keep more of their money by deducting operating expenses before calculating taxable income, which is a critical insight for anyone wanting to leverage the system to grow their asset column faster than the middle class.

Trevor992026-08-13 21:25

It changes how I see my paycheck and savings.

Rolando2026-08-11 11:34

Great lesson on assets.

Kaitlyn2026-08-11 00:34

The distinction between assets and liabilities changed how I view my mortgage and spending habits forever.