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Rich Dad Poor Dad: 20th Anniversary Edition
- What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not!
- Narrated by: Tom Parks
- Length: 8 hrs and 22 mins
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Publisher's Summary
The #1 personal finance book of all time... translated into dozens of languages and sold around the world.
Rich Dad Poor Dad is Robert's story of growing up with two dads - his real father and the father of his best friend, his rich dad - and the ways in which both men shaped his thoughts about money and investing. The book explodes the myth that you need to earn a high income to be rich and explains the difference between working for money and having your money work for you.
20 Years... 20/20 Hindsight
In the 20th anniversary edition of this classic, Robert offers an update on what we’ve seen over the past 20 years related to money, investing, and the global economy. Sidebars throughout the book will take listeners “fast forward” - from 1997 to today - as Robert assesses how the principles taught by his rich dad have stood the test of time.
In many ways, the messages of Rich Dad Poor Dad, messages that were criticized and challenged two decades ago, are more meaningful, relevant and important today than they were 20 years ago.
As always, listeners can expect that Robert will be candid, insightful... and continue to rock more than a few boats in his retrospective.
Will there be a few surprises? Count on it.
Rich Dad Poor Dad...
- Explodes the myth that you need to earn a high income to become rich
- Challenges the belief that your house is an asset
- Shows parents why they can't rely on the school system to teach their kids about money
- Defines once and for all an asset and a liability
- Teaches you what to teach your kids about money for their future financial success
PLEASE NOTE: When you purchase this title, the accompanying PDF will be available in your Audible Library along with the audio.
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What listeners say about Rich Dad Poor Dad: 20th Anniversary Edition
Average Customer RatingsReviews - Please select the tabs below to change the source of reviews.
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- Amazon Customer
- 2019-05-23
Great info just missing diagrams
The book references several diagrams however since this is an audiobook you cannot see the diagrams and no links have been provided to follow along with the diagrams.
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23 people found this helpful
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- Larry
- 2019-08-23
Amoral, dated, but motivational
Decent classic. The mindset he recommends makes sense and is motivational. Using your intelligence to make money is a timeless useful advice. I wish there was more up to date useful actionable tips.
However, I do not respect the author's selfish philosophy regarding taxes and capitalism. I recommend reading Patagonia Yvon Chouinard's 2016 "Let My People Go Surfing" for a moral attitude towards running a top business for profit, for your employees, for the betterment of society and the environment.
The world would be a better place if people read the latter more than this book.
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14 people found this helpful
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- randnev
- 2020-05-09
If I could burn an audio book - I'd burn this one
Was it the repetitiveness? Was it the poor writing? Was it the non-stop use of cliches? Was it the fact that buying this book gave money that supports this person's ridiculousness, thereby making them even more sure of their absurdity. It was likely all of the above.
If you ever felt that people who "make money" or "retired early" because they got a book published and are reaping the financial benefits of it - this would be that person.
There are so many more insightful and cohesive books out there on personal finance. A lot of them share the same notions on debt and similar notions on earnings - it is almost everything else that is a waste of time. If you select this one, pick it up from your local library or second hand. At times it felt like I donated money to Trump by buying this book.
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12 people found this helpful
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- CSD
- 2020-06-18
Outdated - Skip this one.
Pro : The voice over work by Tom Parks is excellent.
Con : This book is incredibly outdated. The author comes off as a buffoon. Once a chapter is over your get a summary of the chapter and its almost as long as the chapter you just read / listened to.
HINT : Skip the summary and go to the next chapter. It will save you time.
Advice: Skip this book and find another
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5 people found this helpful
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- Amer M
- 2021-01-27
Not a book that teaches you any techniques
The Arthur talks about scammer who gets rich... yet himself is the biggest scammer... talking about fictional scenarios that reader loves to listen. His main climax is when the market was down in Phoenix, he buys a house for 20% of its worth and while the land is in process of transfer he puts a ad and sels the house for 80% of its worth. As if the original owner was mentally challenged that couldn't sell his house for 80% himself.. or the market picked up in couple days??? He in chapter 6 acknowledges that people are looking for information these days... and he is just a book seller... not a writer... catchy topics... sweet stories... go figure. He also throws in some common sense advices that people are looking and midway throws in some true fact to get you interested.
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2 people found this helpful
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- Caleb Guidos
- 2019-06-11
good book, good voice
loved the chapter summaries. the voice is excellent and the book is very well read.
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2 people found this helpful
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- Anonymous User
- 2020-11-27
Great book for beginners
Definitely a good start to get a basic understanding of wealth management. Easy to understand and follow the ideas. Recommend to anyone as a starting point.
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1 person found this helpful
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- Samantha Athena
- 2024-03-26
The Rat Race
Wow, I'm actually speechless. I truly believe that every single person should read this book. This book illustrates an amazing contrast between the two realities that both rich dad and poor dad live, all while breaking down the many misconceptions the majority of us hold about the system, money and our view towards those that are wealthy. My mind has been forever changed, and for that I'll forever be grateful.
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- Jezel
- 2024-02-02
Shallow Advice, Fake Anecdotes
Some of the advice found in this book can be helpful if you've never once thought about money in your entire life but in 2024 it's so surface-level and there MUCH better books out there for understanding finances, like The Psychology of Money by Morgan Housel or any interview with Naval Ravikant. I find Rich Dad Poor Dad to be completely shallow, outdated, poorly written and the anecdotes aren't even remotely believable. It sounds like an adult bragging about how insightful they were as a child, making up stories and conversations that no 9 year old would be having. I don't believe the quotes from the kid, the rich dad or the poor dad, as they all just feel like caricatures that are trying to prove a point.
The philosophical takeaways include that people with jobs are losers, paying taxes is for suckers, and the only real winners in life are shallow capitalists who would screw over anyone to make a buck. And in a sense all of those things are true, but you also have to ask yourself what kind of world you want to live in. It isn't groundbreaking or insightful to say these things, it has all been said 1000 times before, everyone knows that, and I can't imagine who reads this and says "Ooohhh I never realized that owning the business is better than working for the business! I think I'll switch to being an owner and just use my capital instead of my labor!" It's so out of touch and offers little practical guidance for regular people to build real wealth. Maybe some of this shallow advice could have been salvaged if the book was well-written or believable, but it is neither. It's repetitive, superficial and sounds like an essay written by a high school kid who just watched Wall Street for the first time.
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- Lynn
- 2024-01-18
A perspective nobody gives you
Great financial mindset book, not your standard financial advice but a different way to look at money. It explains why the rich get richer & why the poor stay poor by exploring their way of thinking and mindset. I have never thought about money in this way before. It is a great way to reset your view of money, rewire your financial brains & start to look for opportunities. If you look up "Red car theory" it would be a good overall theme of the book although it is never mentioned the spirit of red car theory is carried throughout the book. I also like that a PDF of charts comes with it, however, I wish it included pages for each chapter with a place to make notes, answer "Additional questions" "To do's" , group discussions etc. Good read, I can see why it was controversial when it was released & I love that 25 years later he has the receipts to prove he was right all along. Highly recommended. I own the book and I am revisiting it in a book club. Makes for some very interesting discussion.
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