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Rich Dad's Rich Kid, Smart Kid: Giving Your Child a Financial Head Start [Abridged, Audiobook] [Audio Cassette]

Robert T. Kiyosaki , Sharon L. Lechter , Jim Ward
3.7 out of 5 stars  See all reviews (68 customer reviews)

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Book Description

Jan. 1 2001 Rich Dad's
Growing up with two father figures, a "Rich Dad" and a "Poor Dad," Robert Kiyosaki understood the important of financial planning. In this audio-parenting guide, Kiyosaki and co-author Sharon Lechter have designed a step-by-step program for Moms and Dads to explain to their children the basics of our financial economy-the employees, the self-employed, the business owners, and the investors. By providing their children with financial problem-solving skills, parents can help to ensure a profitable future for their loved ones.

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'Rich Dad Poor Dad is a starting point for anyone looking to gain control of their financial future' -- USA TODAY --This text refers to an out of print or unavailable edition of this title.

About the Author

Robert Kiyosaki has challenged and changed the way tens of millions of people around the world think about money. With perspectives that often contradict conventional wisdom, Robert has earned a reputation for straight talk, irreverence and courage. He is regarded worldwide as a passionate advocate for financial education. --This text refers to the Audio CD edition.

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Customer Reviews

Most helpful customer reviews
1 of 1 people found the following review helpful
5.0 out of 5 stars Book Summary Jan. 13 2004
Format:Paperback
Our current education system fails to adequately teach our children the financial skills necessary to survive later on in life. Robert Kiyosaki wrote Rich Kid, Smart Kid to fill those gaps. The fundamental premise of the book is that all children are born smart and rich. The goal of education is to bring out that natural genius within our children. Awakening this genius inside of us is a sure way to become happy. Therefore, being happy through realizing our innate potential is more fulfilling than being rich and unhappy. Rich Dad said, "If you are not happy while getting rich, chances are you will not be happy when you get rich. So whether you are rich or poor, make sure you are happy" (14).
The root of the current problem lies in America's transitioning from an Industrial society into an Information society. Kiyosaki explains the need for transitioning our thought, "In the Information Age, what you know becomes obsolete very quickly. What you learned is important, but not as important as how fast you can learn, change, and adapt to new information" (xi). These structural changes tangibly affect us regardless of whether or not we acknowledge them. Some of the problems facing tomorrow's youth include social security, healthcare, increased risk of obsolesce through increased specialization, and the need for lifelong education. Education must adjust with the times.
Currently, our education system teaches scholastic and professional skills. Scholastic education focuses on the ability to read, write, and do arithmetic. Professional education trains students for high-level careers later on in life. However, this Western brand of education fails our children in some crucial ways. Rich Dad said, "The child learns by doing, making mistakes, and then learning" (238).
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1 of 1 people found the following review helpful
3.0 out of 5 stars It Was OK Dec 8 2002
By Katie
Format:Paperback
As I read other reviews, I could relate to them all. Rich Kid Smart kid was extremely redundant (I could repeat to you all of the sayings he said over and over), his anecdotes I could have done without, and he advertised himself a ton. It also bugged me how many times he said he was a bestseller author. What a way to identify yourself.
However, I did think it was interesting and helpful. For some reason, I couldn't put it down when I read it. The anecdotes, although too prolific, were somewhat interesting. Before reading this book, I didn't even know you could invest in Real Estate, and he went into how and what you do a little bit. The section on self-perception and different geniuses was very interesting. I think if all kids knew that they were smart, just not in every way, there would be a lot less self-esteem problems. I think it would also help teachers be patient with kids that are labeled "troublemakers."
Although I enjoyed reading Rich Kid Smart Kid for the most part, and it did make me feel smart after I read it, I was annoyed at the posed questions that were never answered. Where do I get the money to invest? It sounded like the money he started out with just appeared, which I know didn't happen. I also wish he would have explained Asset, Liabilities, Income, and Expenses in a little more detail. Instead, he referred to his other books, which I probably won't read. The part I learned most from was when he put the situations into a real-life senario. It also bothered me how he said he wasn't writing a book on parenting, when he was dishing out an awful lot of advice.
Overall, the book was interesting and it might be the way to a good start in your child's financial life, but that doesn't help me too much. I think I would have benefitted from this book a lot more if it had been more answers than questions, but that may have been the reason it was quick reading.
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1.0 out of 5 stars Instant Replay April 1 2004
Format:Paperback
Thank goodness it wasn't in slow-motion!
This is the fourth book of Mr. Kiyosaki's I have read. The ideas in all of these books could have fit in to one.
So why read this one? I couldn't tell ya
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3.0 out of 5 stars Great Book March 24 2004
Format:Paperback
This book was very insightful to parents all across the world. It teaches parents that in order to be successful in the financial world and the buisness world, you have to have a good education. (...)
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4.0 out of 5 stars Rich Kid Smart Kid Jan. 5 2004
By A Customer
Format:Paperback
This book is good if you want to know how to become rich and succesful. It's the key to help parents teach their children how to become financially stable. Its divided into three parts and in each talks about different methods to becoming successful. Although it repeats itself many times it proves the point on how to become successful. He writes about how if father had a good education but was poor. It also explains that you don't need an education to be rich, the only thing you need is to know how to get rich or the methods that help you to do so. This book guides you towards that directon.
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5.0 out of 5 stars A review by John Kennedy Jan. 5 2004
Format:Paperback
I liked this book because it teaches the reader how to teach their children about money and how to use it. By giving the child such things as power of his/her money can help the child learn instead of giving an hour long lecture about saving. This book also advances on what was said in the first one "Rich Dad Poor Dad" by puting the reader in the teachers seat instead of the students. So in the long run both the partent and the child is learning from this book. And that is why I gave it five stars.
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4.0 out of 5 stars Strategies forfinancial head start Jan. 4 2004
By A Customer
Format:Paperback
Kiyosaki wrote this book to give parents financial strategies on how to give their children a financial head start.The book is written in three parts. The first part ocuses on financial and academic education. The second part focuses on helping parents give their children a head start for their journey to financial literacy. The third part tells parents ways in which they can find out how to educate their children best. He talks about his two fathers; his real father and his rich father. His real father told him to get an education to obtain a good job. His rich father always told him that he had to make his money work so that he would never be in debt and that way succeed. Overall it gives strategies to become wealthy by managing your money correctly.
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Most recent customer reviews
5.0 out of 5 stars Empower your children with Rich Kid Smart Kid
This is not just another book in the rich dad series, this is a book that all loving parents must have to truly empower their children to greatness. Read more
Published on Nov. 29 2003 by Carl Matthews
3.0 out of 5 stars good advise for everyone
I think that this book gave good advise and tips to become wealthy. What i thought that was true was when kiyosaki wrote about how not everyone is smart in the academic field. Read more
Published on Nov. 3 2003
5.0 out of 5 stars A necessary book for explaining wealth to our children
What a way to start our children off right! This book teaches parents how to teach their children to become financially successful, to prepare for the future and to overcome the... Read more
Published on Oct. 31 2003
5.0 out of 5 stars I have given this away many times as a gift
Can't think of a better way to prepare our young for the harsh realities of life and in particular wealth building than Rich Dad's Rich Kid Smart Kid. Read more
Published on Oct. 31 2003
4.0 out of 5 stars RICH KID SMART KID
In my opinion the author of this book really focus on his main points. Allowing us to understand how to manage problems that we go through when we have a cild that is not so good... Read more
Published on Oct. 31 2003
4.0 out of 5 stars "4 green houses=the big red hotel"
After I finished reading "Rich Kid Smart Kid" I felt like I got and idea of how to work with my money later in the future. The way he talks makes it so easy. Read more
Published on Oct. 31 2003 by Cristina
4.0 out of 5 stars Great Learning Experience
This book was great for me because not only did I find evidence to support what I already thought of public education, but I also learned about many aspects of the real world. Read more
Published on Oct. 31 2003 by Marvin r
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