Rich Dad's Guide to Becoming Rich...Without Cutting Up Your Credit Cards

by Robert T. Kiyosaki and Sharon L. Lechter

Book Overview

The real trick to building personal wealth is learning how to transform 'bad debt' into 'good debt'. This book explains how - without having to cut up credit cards.

• Format: Paperback
• Language: English
• ISBN: 0446697524
• ISBN13: 9780446697521
• Release Date: January 2003
• Publisher: Business Plus
• Length: 112 Pages
• Weight: 0.35 lbs.
• Dimensions: 0.3" x 6.7" x 8.4"

Customer Reviews

Inspirational, Smart and Easy to read.

This is the second book I've read by Robert Kiyosaki. (Rich Dad, Poor Dad was the other book I've read). The ideas in the book are so valuable that it amazes me when people saw me read the book they would make comments on how the author is scamming people, making money on false hopes. I asked these people, and there were quite a few, if they read any of the author's books. Of course the answer was always a 'no'. I got the book out of the library, in hopes to build ideas. How are you going to learn becoming rich if you blame the rich for several of the world problems? This kind of generalization seems quite popular and creates a stop of the potential growth people have in ever attaining financial education. Am I rich, from reading this book? Not as much as I would like to be; however, the insight I've obtained is invaluable and is worth the price of the book. I also recommend: 'Think and Grow Rich' by Napolean Hill, 'The Secret of the Rich' by Ken Roberts and 'The 7 most Important Areas of Your Life' by Dr. Erwin Jay.

Good Debt vs Bad Debt

In this new book by Robert Kiyosaki and Sharon Lechter, C.P.A. you will learn the difference between good debt and bad debt and you will learn Financial Literacy --- Rich Dad style. Kiyosaki quotes Rich Dad; "The problem is not the credit cards---it is the lack of financial literacy of the peron holding the credit card that is the problem. Getting financially literate is part of the price you need to pay to become rich." (page 9)Although not a very big book (7 chapters and 83 pages), Rich Dad's Guide to Becoming Rich Without Cutting Up Your Credit Cards is a must read for anyne who wants to become rich.I highly recommend it.

Excellent e-book by Kiyosaki - can't wait for the paperback

Ever read those other financial books by so called "financial experts" who tell you to cut up your credit cards? Is that nonsense or what?Hey, why not cut up out credit card statements too? How about cutting up out monthly mortgage statement? How about cutting up allof our bills? Clearly that is not the answer. Neither is cutting up your credit cards.Kiyosaki discourages going into debt for depreciating items like meals for example. You go out to dinner tonite and three onths later you are still paying for the potatoes and dessert. Not a good strategy.Kiyosaki does enourage going into debt for appreciating items like real estate (using leverage) stocks (margin) and so on. You use debt to make you wealthy. Most people use debt to artificially improve their lifestyle and it feels good---untill they get the bill!Clearly, RICH DAD'S GUIDE TO BECOMING RICH WITHOUT CUTTING UP YOUR CREDIT CARDS is a e-book whose time has come and I can't wait for the paperback version.I have played the Rich Dad board game too. I don't feel that it is expensive. Rather, I feel that the mistakes I was making before playing the game was costing me a fortune.The money that I have invested in the Rich Dad books is already coming back to me in droves. By contrast, I am still waiting to see a return on the money I spent on a normal, convential education that only taught me how to make my employer rich and do other ridiculous things like "cut up my credit cards."If you can't wait for the paperbook (I couldn't) then I highly recommend this excellent e-book by Kiyosaki. You may not initially agree with what you read, but it will change your life for the better.Thank you Robert for sharing.

Good e-book - A new perspective

With so many other so called financial experts urging us to cut up our credit cards, what a refreshing change it is to read from a real authority who indicates that you not only don't have to cut up your credit cards but can actually become wealthier by using them.I like my credit cards too and I highly recommend this program by Kiyosaki.