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Unfair Advantage: The Power of Financial Education, by Robert T. Kiyosaki
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On the heels of his 2010 New York Times bestseller Conspiracy of the Rich, Robert Kiyosaki takes a new and hard-hitting look at the factors that impact people from all walks of life as they struggle to cope with change and challenges that impact their financial world.
In Unfair Advantage — The Power of Financial Education Robert underscores his messages and challenges readers to change their context and act in a new way. Readers are advised to stop blindly accepting that they are ‘disadvantaged’ people with limited options. They are encouraged to act beyond their concept of limited options and challenge the preconception that they will struggle financially all of their lives.
Robert’s fresh approach to his time-tested messages includes clear, actionable steps that any individual or family can take, starting with education. Education becomes applied knowledge, a powerful tactic with measurable results.
In true Rich Dad style, readers will be challenged to understand two points of view, and experience how financial knowledge is their unfair advantage.
Why do the rich get richer even in a financial crisis? In his new book, An Unfair Advantage, Robert confirms his message and challenges readers to change their context and act in a new way. Readers are advised to stop blindly accepting that they are ‘disadvantaged’ people with limited options and challenge the notion that they will struggle, financially, all their lives.
What does school teach you about money? In most cases, the answer is “Not much.” If there is any financial education, the courses are taught by financial planners and bankers… the agents of Wall Street and the big banks, the very people that caused and profited from the financial crisis.
This book is about real financial education. This book is about how debt and taxes make the rich richer … and why debt and taxes makes the poor and middle class struggle.
This book explains why the rich get richer, paying less in taxes, while the middle class shrinks — with many losing jobs, homes, and retirement — and paying more in taxes. This book is about the five unfair advantages a real financial education offers.
The Unfair Advantage of Knowledge
The Unfair Advantage of Taxes
The Unfair Advantage of Debt
The Unfair Advantage of Risk
The Unfair Advantage of Compensation
These five unfair advantages are the outcomes of real financial education.
- Sales Rank: #31387 in Books
- Published on: 2011-04-12
- Original language: English
- Number of items: 1
- Dimensions: 8.90" h x .80" w x 6.00" l, .75 pounds
- Binding: Paperback
- 176 pages
About the Author
Best known as the author of Rich Dad Poor Dad – the #1 personal finance book of all time – Robert Kiyosaki has challenged and changed the way tens of millions of people around the world think about money.With perspectives on money and investing that often contradict conventional wisdom, Robert has earned a reputation for straight talk, irreverence and courage.
Most helpful customer reviews
117 of 127 people found the following review helpful.
You are either open to it, or you are not. Either way, your choice.
By Michael D. Bernard
One of my most favorite sayings is "you are getting what you are getting, because you are doing what you are doing"
Just a quick thank you to Robert for his latest work. I find it inspiring. Of course, I would, because I have been a student of Roberts since 2008. I have attended 5 or 6 of his workshops in Scottsdale, and read most all of his books, over those years. Today I am a free man(at 57, not a spring chicken), with a free family. When I first became engaged in the Rich Dad philosophy, I was buried in debt, some good, but mostly bad, and had no idea how I would ever be able to retire, but today with Rich Dad and Roberts help, I am happy to report that I now have about 10 times more debt - but it is all good debt. What makes it good debt, is it all pays for itself(cash flow deals and businesses), and it pays me and my family too. 16 projects and counting. Who knows what 2011 will bring, but we have already surpassed what we accomplished in 2010 - and 2010 was a fantastic year, and it is only APRIL! Thanks Robert and the whole Rich Dad company. I can never repay you, but I can pass it on.
To those that cannot bring themselves to accept these teachings, or reject them as "won't work for me", or "B.S." or whatever, I am going to pass on to you the most important thing you will ever hear - and I learned it from a lifetime of learning. It goes something like this: "if you think it won't work for you, or if you think it will, you are right!(author unknown to me - but this theory is proven every day by me, and you, and everyone else)(by the way this also applies to everything in life - another incredibly liberating truth not taught in schools)
Embrace life, and learning, and growth. I encourage you to CHOOSE to BE a learner, to CHOOSE to DO what needs doing in light of your new knowledge, and to CHOOSE to HAVE peace, joy, and love in your life. Robert likes to say that he chooses to be rich, and he makes that choice every day. I say the same thing about happiness. I am happy, and I chose to be happy every day. Neither is a goal, or a destination. Both are choices. Both are a choice of who we are. And we all make those choices every day, one way or another.
Our choices either move us toward what we want, or they move us away. Which way are your choices taking you? Choose wisely!
59 of 62 people found the following review helpful.
The Unfair Advantage of Compensation
By Marevan
I've read most of Robert Kiyosaki's books. One by one, they connect the dots to help me understand what financial literacy really means to me on an individual level. What this book includes that others do not is the Unfair Advantage of Compensation, in particular, leveraging the power of compounding learning. For those of us who beat ourselves up as "late bloomers", this is a revelation!
50 of 55 people found the following review helpful.
Repetition is one of the keys to success
By J. W. Hagarty
I agree with the low star reviewers that say there is not much new here. I am a huge Robert Kiyosaki fan but I can not rate this book above 3 stars.
I have read the entire Rich Dad series and while there is value in repetition some of his books are head and shoulders above the rest while others have a "time for another book" feel to them. This book is in the 2nd category.
Kiyosaki has a way of writing that really does suck you in and makes for an enjoyable read on what could easily be very dry and boring subjects. He opens this book with a metaphor about hunting monkeys who cant let go of fruits and nuts. The comparison is to people (employees) who can not let go of the old world and now out of date ideas that we have all grown up with.
Without a doubt this is important information to read, know, and understand.
My feeling is the value of this book is in the repetition.
If you are a Rich Dad fan and have read Rich Dad Poor Dad, Cashflow Quadrant, and Conspiracy of the Rich, you can safely skip this one.
If you are new to Rich Dad and have not read the earlier works you might get more value.
At the Rich Dad Forum a couple of years ago Kim Kiyosaki revealed that Rich Dad Poor Dad was originally meant to be a pamphlet to promote the Cashflow 101 board games. Many of the earlier books emphasize the importance of getting and playing the Cashflow 101 game.
In this book Robert seems more interested in promoting the Rich Dad Education classes and Coaching programs than in really offering any new information.
On the other hand, for $10 and the couple of hours it takes to read this book you will be reminded of the core Rich Dad philosophy.
So, I give Unfair Advantage a mixed review.
Again, this will have more value to you if you are a Rich Dad newbie. Veterans can safely skip it or borrow a copy.
Best of luck in Escaping the Rat Race!
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