FAKE: Fake Money, Fake Teachers, Fake Assets: How Lies Are Making the Poor and Middle Class Poorer

The quality of the book is good do purchaseCompletely value for money i like the whole series of therichdad channel

WORTH READINGS

All fake Robert thanks for bringing these things to lamplight. We need a change of mindset and a new set of laws to move from our current life situations. Rich Dad Poor started working on me five years ago.Till date I still read it and I follow closely especially your interview on London Real. Keep it Burning Mentor. We need new ways to manage our Lives and our Money..This is a good book.

Too good for initial financial management.

Great insights on real money, teachers and assets.Summary of FAKE.MONEY:1. God’s money2. People’s money3. Government’s money (fake money)Teacher:Fake teachers are classroom teachers who learn and teach from book.Real teachers have real world experience.Fake Assets:Anything that put money in your pocket are assets.Anything that put money out of your pocket is an asset.-Good explanation about leveraging debt.-Real estate-CashflowGreat read. Must read.

I am a big fan of his, all his book are must read. I have finished half of book and every book has a learning which is different. People may say that has a lot of repeated topics. In my opinion it is important, because if you read for the 1st time you can be in context and if you read after a long helps you recollect and be in context.

While the book is good, the form factor it's printed in leaves a lot to be desired. Returned it since it didn't feel good to hold and was difficult to read the way it was printed.

All good

The book is an eye-opener for me! A must read for everyone who wants to escape the matrix and wants to live a free life

Excellent read. Great quality paperback

Excelente

Robert Kiyosaki is legit. I know that. I kept that in mind as I read Fake and learned, for the first time, many of the concepts other reviewers have already learned in his other books.This is my first stab at truly getting educated financially. I'm from the middle class and now, at 33, find myself with a successful small business, excellent cash flow, and lots of ideas on what to do with my money... but I didn't have much confidence in any of it.UNTIL NOW.Since discovering Robert's wisdom by reading this book, I've made a lot of progress and learned a lot I didn't know. Which turned out to be most things. I'd seen a lot of "conspiracy theory"-type information online about what's going on in the world banking system, but in hearing it laid out from Robert in this book somehow validated it for me. I think it's because we're both in the same industry of helping people get real education without going deeper into debt to do it! I can see so much of myself in this wacky, big-hearted Asian American guy with purple glasses. I can literally do what he has done in his lifetime with my own business and assets. So I'm going to try!As a result of reading this book (I've actually got about 80 pages left to read as I write this), I finally feel empowered to take 100% responsibility for my financial situation. This is a big deal for me as I married young and trusted my now ex-husband and his "save EVERYTHING for retirement" rubber-chicken-dinner-going parents for financial advice.Bad move... divorce hit and I lost almost all my cash to my ex husband ($2M) -- so I could keep my business, which had generated all of that cash. That enabled me to stop paying him a paycheck forever... but it meant being basically broke for a few months while the business generated revenue to replenish its storehouses a bit. It freaked me out at first. I mean, what if the business failed? What if I needed the guy I'd just fired via divorce?That was all fear talking. Now I realize how fortunate I truly am -- business is booming again! And thanks to Robert, I know how valuable a stable business is. What a REAL ASSET it is. When I was married I left all the money management up to my husband who had everything in ETFs... fake assets.Getting divorced forced me to gain my own understanding of the financial world and BOY OH BOY was the timing perfect... I can't imagine how hard it would be to unlearn all of the FAKE financial knowledge if I'd been brainwashed like the people who're still attending fancy dinners put on by their wealth managers. They'll learn in their own time too. We all do!I also enrolled in Rich Dad's real estate investing course for $400 or so; what a deal for the money, too -- it comes with 6 live group sessions. I got my questions answered live by the instructor on the first call too. I own one rental property right now and am taking steps to expand that portfolio. THIS is the power of knowledge! It's just confidence. The more you know about what's REALLY going on in the world banking system, the easier it is to understand your own financial situation... and it's easier to take the steps to fix it if it's a mess.NOW... I'm an online "real world" education provider myself... and I'd be remiss if I didn't share the small handful of things that really irritated me about this book:-- REPETITIVENESS. A quality editor or ghostwriter could have helped Robert make this book more concise and less choppy. There are a LOT of repeat charts (that I also find hard to read) and quotes. As someone new to Robert's stuff, I didn't find this as irritating as a veteran reader might've since it helped me cement my understanding.-- TYPOS. Nobody's perfect (trust me; my blog is about proofreading and I KNOW this ;-))... but there are a LOT of typos in this book. More than someone making as much bank as Robert should have in his book. Hiring a proofreader is not as pricy as you might think. Even first-time authors who maybe can't afford both editing and proofreading are still better hiring a proofreader than not having professional editorial assistance at all.Some of the Q&A questions were so poorly answered they should have been left out. And Robert pasted in looooong links to videos we have no other choice but to try to type in. I tried to type in one for a 45-minute video on page 378 he said I could watch if I went to this long-ass link... but I typed the WHOLE THING IN to find it doesn't exist. I really wanted to watch that video! I'm sure it's somewhere. I bought the guy's book (Tax-Free Wealth) anyway and plan to read it next.All that to say, I still HIGHLY RECOMMEND this book. I have recommended it so much already and will continue to do so. For the first time in my life, I feel confident about my financial future -- and it's because it's in MY hands. "Real financial education," as Robert so often calls it, really does matter. I always tell my students that "learning changes everything"... and well, it's way cool to see that truth playing out in real time before my very eyes!!Even if you really can't afford this $14 book, go on YouTube to Robert's channel (Rich Dad Channel) and learn from him there. But if you're struggling financially and wondering how the heck you're going to maintain the energy to outrun inflation on a personal level in the long haul... you can't afford NOT to shell out the $14. INVEST in learning. The time's gonna pass anyway.

I must say i have read a couple of Robert's books and i was quite impressed how he can gather several "hard" topics and summarize them in a way must people without financial background can understand (in a basic level). And he had this unique point of view which was inspiring and easy to read. Also the way he writes is not heavy if you take on consideration the length of his books. But what happened with this book?. I have no idea. This is something a 5yo child could write. First of all there's some kind of paranoia going in the book, second I can summarize the entire book (no kidding) in 5 pages TOP. There are like 6 Graphics that go unexplained and Robert "copy & paste" them like he was on meds. Each chapter ends with "in the next chapter you will learn.." and trust me the next chapter you learn nothing (not even what he wrote). I read the reviews before buying the book but i thought that people was exaggerating. Well they were NOT. If you want me to summarize the book in a sentence I CAN "buy gold or silver and don't buy stocks, look advise in teachers that actually do what they teach and remember assets put money in your purse". If you don't believe you're gonna have a sour experience.