His point is that most of the people giving that advice are not rich themselves, or in case of some on Wall Street - became rich because they convinced middle class to put the money into their (often less than stellar) care. Fundamentally, he questions advice given to the middle class by Wall Street and real estate industry. We will review Kiyosaki's books and games a bit later, now we want to give you a quick summary of his message. And in this respect, he has been 100% on target. What matters is his message about financial literacy. Our point of view is that those detractors miss the point - it really does not matter if the rich dad existed, or if Kiyosaki flew combat missions in Vietnam. A number of people claim they did the research, and could not substantiate either. He also continues to provoke controversy - understandable, since he has strong opinions and is not shy about sharing them.īut the main controversy stems from the stories in his books - the identity of his 'rich dad' and Kiyosaki's Vietnam combat experience. Within the last few years, Robert Kiyosaki has become a fixture of the investment world. It's not as easy as it's made out to be, but it opens possibilities.īest thing you could do imo is read a few books on various topics (real estate, shares, forex, investing psychology), find an asset class that interests you and learn the details. For people who are unaware of the investing world, this may be a good way to plant the ideas in their mind. it's a very long read but worthwhile before you put too much trust into him educating you financially.Īs to whether they are good financial literacy tools, it just gives exposure to the basics of the types of investments out there. If you're really interested though, I believe there is a free version that you can play online on his website.Īlso, there's an article below about kiyosaki. The game does not prepare you for this, as everything goes fine and dandy in the game. When you invest your own real money and the investment goes against you, you would start crapping your pants.

I don't think buying the game would be worth it, when you can easily get this information from books/online.Ĭash flow 202 is slightly more complex, where you get to buy options in addition to shares. Sure, investing in assets with positive CF will make you rich, but the game oversimplifies things and unless you can replicate this in real life, it won't do any good. Main concept of the game is to buy assets (property, shares, business etc) that gives a positive cash flow. I have tried the PC version of this game borrowed from someone.

Buy cashflow 101