There is some good to Rich Dad. For example: - the explanation of how the rich earn passive income by acquiring assets rather than making a direct trade of time for money. It may seem obvious if you know it, but it's a basic and powerful concept. - he recommends learning to read balance sheets and becoming financially literate which is, again, basic but important - his advice to consider the importance of taxes and learn to structure your income to where you pay taxes but no more than you have to. A lot of it's pretty obvious advice, but there is one thing he does well which is to motivate people to take control and become interested in learning to improve their financial situation. I think that generally outweighs the "bad" and "dangerous" advice in the book. There are better books out there, but I think that the (unfortunately named) Rich Dad series takes more flak than it deserves.
Typographic jacket · original cover not fetched
A BOOK SERIES · 2006–2026 SAMPLE
Rich Dad series
1 reader recommends it across 1 discussion
Topics are model-inferred labels.
Keep it on your reading list
THE WORD OF MOUTH
What made it worth passing on?
Original Hacker News comments, in the readers’ own words.