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  • Unfair Advantage

  • The Power of Financial Education
  • By: Robert T. Kiyosaki
  • Narrated by: Tim Wheeler
  • Length: 8 hrs and 58 mins
  • 4.5 out of 5 stars (500 ratings)
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Unfair Advantage

By: Robert T. Kiyosaki
Narrated by: Tim Wheeler
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Summary

On the heels of his 2010 New York Times bestseller Conspiracy of the Rich, Robert Kiyosaki takes a 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. Listeners 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.

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.

©2012 Robert T. Kiyosaki (P)2012 Brilliance Audio, Inc.

What listeners say about Unfair Advantage

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  • Overall
    3 out of 5 stars
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    4 out of 5 stars
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    2 out of 5 stars

1st chapter is just repeated over and over.

This was so repetetive, I got too bored and switched off. Shame as if they had mixed it up a bit with different examples, and different situations, maybe a few case studies other than himself selling his game, then it could have been good. Some of the basic priciples are really worth listening to, but the book got boring.

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  • Overall
    2 out of 5 stars
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    4 out of 5 stars
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    1 out of 5 stars

Good principles but so wrong in places

I read Rich Dad Poor Dad a few years ago and it was genuinely life changing. Not that I'm now some millionaire, but in the simple explanation of buying assets to pay for liabilities rather than just buying the liabilities.

This book is just more of the same, with a lot of repetition of points, mainly aimed at getting you to sign up for one of their courses.

Most of the data points are from about 2010,which has therefore given us a decade to see if he was right. Well America hasn't gone bust yet, hyperinflation hasn't happened and if you'd bought silver you'd have lost about 1/3 of your money, even more in real terms or considering the opportunity cost.

He says there's a crash coming and he's correct - there's always one coming. He says he predicted the 2008 crash, yet he didn't put a date on it and shares worldwide are now way, way above those levels.

In short, read the original Rich Dad book, avoid the rest.

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  • Overall
    1 out of 5 stars
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    1 out of 5 stars
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    1 out of 5 stars

Cannot listen to it

Could not listen to it longer than 1 hr. The problem is that Robert tries to always claim that everyone is wrong when he is right. Didn’t help that he started by a comparison of human with monkeys. I might be a bit biased, however, because I’ve seen how he treats people, but that’s just my opinion. I have read, however, many of his other books and I liked them.

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1 person found this helpful

  • Overall
    3 out of 5 stars
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    4 out of 5 stars
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    2 out of 5 stars

Good information, too long

The over all message and teaching is very good, but this book could have been half as long and would still have repeated its self multiple times

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  • Overall
    1 out of 5 stars
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    2 out of 5 stars

Save your money and your time

I’m a big fan of rich dad poor dad, although richest man in Babylon is a lot better and I believe rich dad draws a lot from the book it’s an interesting enough read

However unfair advantage is so thin on practical actionable content it would make a chocolate tea pot look useful. The first hour or more tells you what’s in the book and the last 2 hours is basically seeding Roberts financial education courses

I totally understand you shouldn’t give financial advice but saying ‘Only invest when you can get your full investment back in 3 years with an asset for life’ without giving examples is useless

The book also says don’t invest in anything that doesn’t give more than a 28% return or more…. Again with no real numbers or examples

I respect that rich dad has helped a lot of people with financial education courses and the like but there are so many books that are better and actually want to help people rather than a book that’s basically a flyer for other projects…. It’s fine to do this but you have to give a little first

Would return but it’s in the free section - and it’s clear why!

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1 person found this helpful

  • Overall
    2 out of 5 stars
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    2 out of 5 stars

Some good points, but should be an hour long

He repeats, repeats, repeats. From his other books, and from within the book. It's as if nobody including himself actually proof reads and edits the books before sending them out.

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2 people found this helpful

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    3 out of 5 stars
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    3 out of 5 stars
  • MH
  • 09-03-22

Very useful knowledge delivered in a very repetitive way

Whilst I am a huge fan of the message Robert conveys in his books, the message is sadly delivered in a rather repetitive way.
Whilst on one hand repetition helps people to learn, it, on the other hand is a little boring.
Anyway, it’s absolutely worthwhile listen to this book as it summarises a lot of key points of Robert’s previous books (all of which I read).

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  • Overall
    1 out of 5 stars
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    2 out of 5 stars
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    1 out of 5 stars

Waste of time

First and last Kiyosaki book I will ever read. It contains mostly marketing for his games, courses, seminars, etc. Other than that, the book has some of the most irresponsible financial advice I have ever heard. A lot of misinformed people will get hurt following his guidelines. For example, the book advices buying houses with credit cards because that way you will be using other people's money. Smh

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  • Overall
    1 out of 5 stars
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    1 out of 5 stars

It should be called “I’m smart, everyone else is stupid”

The “lessons” in this book are few and far between.
The vast majority is spent pointing out that the system is broken, everyone else is stupid, and he is a genius/oracle who saw the financial crash coming 10 years in advance.
Anyone who does better than him i.e Warren Buffet is dishonest.
Ramblings of an arrogant old man, avoid at all costs.

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4 people found this helpful

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    3 out of 5 stars
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    3 out of 5 stars

A 9 hour advert for paid courses

Noting new, assets bring money, liabilities draw money, use others peoples money and be tax efficient. The end.

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