Rich Dad, Poor Dad’s Rat Race: An Eye-Opener

10 Comments

  1. nick catricala
    nick catricala December 12, 2013 at 11:43 am .

    Cherrie,
    wow, what a great way to illustrate the essence of Robert book!!!

    I read part of the book, I listened to many presentations BUT never got the message as clear as I did now THANKS so much.

    Yes, most of us have fallen into the “Rat race” willing or not.. since the majority of the people you are in contact when young, are into that mentality..

    For me to get out of it was not easy.. I have keep going in and out along the many years that I worked in a job, as an early retired person adn as an entrepreneur..

    It is amazing that even as an entrepreneur I keep going in and out… but hey, that is me haha 🙂

    Lately I have been more inclined on the Rich dad side… I was into it a lot before 2009 but than the market crush come and wiped me clean and so had to rebuild.. I am not there yet, but with God Guidance I will get back there and better.. so I can continue the Rich dad lifestyle again…

    Thanks so much for making this subject more clear and so easy to understand.

    _nickc

  2. Donna Merrill
    Donna Merrill December 15, 2013 at 7:38 pm .

    Hi Cherrie,

    That is one of my FAVORITE books! After I read it all it gave me a different perspective of money vs wealth. Unless we were born with a silver spoon in our mouth, we have no idea how the “rich” deal with money.

    I am so glad you are reading it. You will walk away with a whole different mindset. His wife also wrote a book “Rich Woman” which was also inspiring.

    -Donna

    1. Cherrie Bautista
      Cherrie Bautista December 17, 2013 at 9:04 am .

      Rich Woman… is that by Kim Koyosaki? I will definitely add that to my reading list. There’s a Teens version of Rich Dad and I will have my kids read that as well. Thanks, Donna!

  3. Nitesh Sharma
    Nitesh Sharma December 16, 2013 at 12:46 am .

    Hi Cherrie,
    Nice to come to your blog.I have listened a lot about this book but I have not read it.You have just given the summary of the book in a beautiful & simple manner. Very interestingly I was amazed that all over the world the life pattern remains the same.Most of us are in the rat race and just wonder how to come out of it.

    1. Cherrie Bautista
      Cherrie Bautista December 17, 2013 at 9:08 am .

      Nitesh, yes you said it right. The pattern still remains strong all over the world, especially in my country, I guess, awareness and then willingness to take action are important aspects of the formula if we want to get out of rat race. I haven’t finished the book myself yet, but I will work on it now that my vacation from work has started.

  4. Willena Flewelling
    Willena Flewelling December 21, 2013 at 9:53 pm .

    I have the book on my shelf above my desk, but I’m not sure I ever finished reading it. Thanks for the great insights, Cherrie. It does take a paradigm shift, and I’m afraid I’m not quite there yet. We’ve been living beyond our means ever since we got our credit card. We have only one for the family, but you know, these things are relative. We may not be in debt as deeply as others, but in relation to our income, it’s a lot.

    Willena

  5. Kyle Nelson
    Kyle Nelson December 22, 2013 at 7:53 pm .

    Amazing book! All of Robert Kiyosakis books are amazing. My favorite has been “cash flow quadrants” which he mentions in Rich Dad Poor Dad but goes into more depth about the topic. Luckily I am young and have learned early in my life not to get stuck in the “American Dream” rut that many are in today.

  6. Marquita Herald
    Marquita Herald December 28, 2013 at 2:15 pm .

    I’ve read Robert’s book and I think you’ve done an excellent job of expressing the key point Cherrie and I certainly agree with you about the importance of staying out of that black hole. We were also headed in that direction but fortunately managed to catch ourselves in time to change direction. Wishing you all the best for 2014!

  7. Sarupa Shah
    Sarupa Shah December 29, 2013 at 5:29 am .

    Hi Cherrie…I know this book is BIG – I tried reading it but it didn’t capture me…but I am sure one day it will but I guess not everything is for everyone 😉

  8. Nile
    Nile December 30, 2013 at 4:12 pm .

    I thought I commented on this article.. not sure where my comment went. My dad had this book and let me borrow it. I enjoyed it and learned about things… in fact, I got angry because we really needed something like this when I was in school. In fact, schools need this and unfortunately its being overlooked as school is training people to be workers rather than business owners and entrepreneurs.

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