Many years ago I purchased a program from Nightingale-Conant Corporation called "Rich Dad Secrets" by Robert Kiyosaki.
It was an audio version that was divided into 12 sessions that told me how I could "profit from the new rules of the rich!"
Nightingale-Conant said this about the program: "Rich Dad Secrets to Money, Business, and Investing offers the lessons about money that Robert Kiyosaki, a self-made millionare, learned from his rich dad . . . a dad that gave him not only money, but his secrets to acquiring great wealth."
Well, let me just say this: I was very disappointed.
Kiyosaki claimed that he had 2 dads: His real dad, who was poor and "socialistic", and his "other" dad, who was rich.
He never revealed who his rich dad was, but said that he was the richest man in Hawaii, and that he first met him when he was 9. Oh yeah, and his rich dad was actually his best friend's father.
In the program, Kiyosaki would complain about buying a home, working hard, and 401k plans. He said that people "sell their soul" for a steady job and a steady paycheck.
He would say things like:
"My rich dad used to say, 'Money is just an idea.'"
"If you want to be rich, think big."
"Your house, for most people, is not as asset, it's really a liability."
"My only problem (with a 401k plan) is it's really a saving's plan, not really an investment plan."
"My rich dad used to say, 'the less involved you are, the richer you will become.'"
"The biggest secret of all that my rich dad taught me was that the way the world, the universe, God, our maker set this whole thing up, is that it is impossible to lose."
"If your spirit is strong, you will succeed."
After I spent hours listening to Kiyosaki rambling on and on, it was obvious that buying this was a mistake and Kiyosaki had absolutely nothing useful to say.
At one point he started talking about how he was a helicopter gunship pilot in Vietnam in 1972-73, and he said, "Some of the highest spiritual moments in my life have come (from) facing death."
Then he bragged about how fearless he was.
Well, that's nice, but . . . . who cares? How is that going to help me?
In another part, he talked about how he was going to buy an apartment house in Arizona for $1.1 million dollars, but somebody named Joe had a stroke and he got it for only $690,000.
Okay, so he got lucky from somebody else's tragedy. I guess that made him feel better.
When talking about a 401k plan, he said, "if the market is very high, you're a rich person. But if the maket crashed, you're poor." He also said, "Your 401k may be fat today and empty tomorrow."
I do have a 401k, and it's never been "fat" one day and "empty" the next. Kiyosaki doesn't know what he's talking about.
Kiyosaki said that it's not how much money you make, but how you manage it that really determines your life. But that's not completely true. Somebody who doesn't make a lot of money has to spend all of it on their bills. There's nothing left to manage.
Kiyosaki seems to just make up stuff because it sounds good.
My advice is this: don't waste your money on this worthless program. I didn't learn anything useful from Kiyosaki. He might as well have just said, "blah blah blah" during the whole program. It would have made no difference.