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Title: Rich Woman: A Book on Investing for Women - Because I Hate Being Told What to Do!
ISBN: 1933914009
Author:
Kim Kiyosaki
Publicate Date: 2006-05-01
Publish: 2006-05-01
List Price: $18.95
Average Customer Rating: 3.5
Format: Paperback
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Amazon Lowest New Price: $7.92
Amazon Lowest Used Price: $3.75
Amazon Merchant Price: $12.89
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| Customer Review: |
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1: Good for basics and inspiration
Full disclosure: I didn't plan on reading this book (frankly, I thought that she was just someone riding on the coattails of her famous husband) but I saw Kim Kiyosaki at a fundraiser and was awed by how friendly and gracious she was. I'm glad I read the book -- Rich Woman is a solid read and very accessible for a beginning investor who wants to get some motivation and the basics. Kim even read my mind about the coattails, acknowledging that husband Robert was the face of the company they built together and candidly sharing that this bothered her. Refreshing! I liked how she was able to balance her genuine emphasis on independence without sounding anti-men. What I felt was missing was really not her fault: she has no kids so can't write like she does, but I do wonder how this story would have played out had kids been in the picture. Could they live in their cars and bootstrap the business then? So, I recommend this book for good basics but someone, please write a money book for women with kids!
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2: Just common sense
The first half of the book tells the author's story in an entertaining way but I jumped past all that and went to the meat of the book. What she has to tell is just pretty much common sense if you have bought and sold your own home and know how real estate investment works. She gives some good advice if you are ready to put in a lot of hours and hard work and don't expect to make a living from it too soon, maybe never. She uses a lot of pump-you-up hype in her story style so try to look at the facts and stay grounded in reality.
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3: Great stories...and hidden wisdom
I am a fan of the quick hits self-help books with less story, more inspiration - like "The Success Principles" which has so many small chunks. Kim's book is written a story of her college friends from Hawaii and how they all end up. Along the way we learn about investments.
There are some great points on:
- Reasons why women are (and can be) great investors, and also the stupid things women do in relation to money
- Why women need to get into investments - of the elderly in poverty, 75% are women and most weren't poor when their husband was alive
- Why investing options are great for women as you can work on your own terms, there is no earning ceiling and it can fit round family
- Using your personal reason why to create success
- A real asset is one that puts money in your pocket - and how to create assets
If you are new to wealth ideas, then it is highly recommended. If you have already read all Rich Dad, Poor Dad books - there is not much new material here. However, I did enjoy the book as it comes from a different angle and cements ideas that occur throughout wealth literature.
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4: This Book is For Older Generations...don't waste your time
Kim Kiyosaki must be referring to older generations of women in this book.
I am a 30 year old woman and I grew up knowing that PEOPLE (men and women) need to work to live, not be lazy and live off your partner or spouse. Of my 30 years of living and knowing women, none of my friends are as lazy as the women described in this book.
In fact, I know men who are as lazy as the women described in this book. The only women that I know who are identical to how Kim describes are my mother and grandmother or my friend's mothers and grandmothers. Maybe this is because they grew up in a generation where they didn't need to work.
Perhaps lazy women as well as lazy men might find this book motivating to get out of the house and do something with their lives, but it's not a good book to learn about investing.
If you want to learn about investing, read 'Rich Dad Poor Dad' and the Rich Dad Advisors' books. These books actually have value and good information.
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5: Sick Of Not Having Money?
Great read for those not familiar with her husband, Robert, who wrote Rich Dad, Poor Dad. It is filled with colorful personal stories about Kim and Robert prior to becoming successful. Also, she includes conversations she had with friends about money and success.
Overall, it flows well, is motivational and includes a few strategies for success. A few more concrete steps for becoming wealthy would have made it better.
Finding Your Costa Rica : 5 Powerful Steps to Personal, Professional and Financial Success
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