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Unveiling the Truth: “FAKE” by Robert Kiyosaki’s Guide to Financial Empowerment
Dive into our empowering review of “FAKE” by Robert Kiyosaki, the book that exposes the financial lies keeping the poor and middle class struggling. Join us on a journey of holistic growth and take control of your financial destiny.
Welcome to “I Empower You To Empower You,” where we delve into the transformative world of whole-person development. Today, we’re dissecting the powerful messages within Robert Kiyosaki’s groundbreaking book, “FAKE: How Lies Are Making the Poor and Middle-Class Poorer.”
In a world where 78% of U.S. workers live paycheck to paycheck, the wealth gap continues to widen, with the top 1% owning 40% of the country’s wealth, Kiyosaki’s insights are more relevant than ever. This book isn’t just a read; it’s a wake-up call to the financial realities shaping our lives.
FAKE by Robert Kiyosaki | How Lies Are Making the Poor and Middle-Class Poorer
Fake by Robert Kiyosaki, author of the #1 personal finance book of all time, “Rich Dad, Poor Dad. “His most recent book is FAKE: How Lies Are Making the Poor and Middle-Class Poorer.
Robert Has built a legacy around simplifying complex and often confusing subjects like money and investing.
He continues to challenge conventional wisdom and asks questions to help listeners navigate today’s information overload and uncover ways to assess what’s real… and what isn’t.
And use truth and facts as a foundation for taking control of their financial lives.
In this new book, Robert fights what’s “fake.” He helps listeners differentiate between what’s real…and what isn’t.
Robert pulls no punches in assessing what is passed off as “fact” or conventional wisdom.
He believes that a strong foundation – for anything we want to build – needs to start with solid, trustworthy information.
Creating a secure financial future is a priority in today’s uncertain times. The peace of mind that comes with it starts with taking action and taking control.
In FAKE: Fake Money, Fake Teachers, Fake Assets, Robert delivers insights and answers that help ordinary people who have yet to acquire much financial education.
To determine what’s “real” and relevant to their financial lives.
My Review of FAKE by Robert Kiyosaki
We are bombarded with news reports, information, and opinions…. How do we decipher fact from fiction?
How do we differentiate between truth and lies? And determine what’s real… from what isn’t.
Kiyosaki believes that it starts with education. Financial education is designed to make us more intelligent with our money, fight what’s fake, and use what isn’t to secure our economic future.
It is an excellent book about how the economy is made. It will probably annoy or highly irritate those from the elite crowd, exposing the real puppet masters.
FAKE by Robert Kiyosaki: INTENDED AUDIENCE
FAKE is written to change the reader’s mindset. It targets the strategic level of personal finance.
Instead of offering specifics on finance, he provides an entirely different perspective on money, liabilities, and assets.
The target audience is beginners, semi-educated, and highly educated in finance.
Beginners can be people with a lot of money or very little. Being rich has more to do with how you spend your money and less with how much you make.
This book completely changed the way I think about money. It grabbed me by the shoulders, shook me, and left me wide awake. It contains some powerful truths.
Now I cringe when I hear about family and friends of mine buying more considerable liabilities. Like homes, cars, and consumer debt.
While I’m tempted to buy into these things, instead of cash-generating assets, Rich Dad’s message comes to mind.
I know that buying assets first requires more self-control, but the freedom in the future will be worth it.
This is the third book by Robert Kiyosaki that I’ve read. Yes, there are things that he repeats over and over, such as “gold will be here long after, elites with their “fake money.”
Therefore, gold is God’s money that we can trust.
This is an excellent book. What a better world if 20% of the public could only learn what is in it! I also appreciate the straightforward writing style.
I’ve read several Rich Dad books, including the original Rich Dad Poor Dad. Some of them are repetitive, and that’s a theme in almost all of them.
Some Cons of the Book
There is some repetition from previous books in Fake, but it could be more obnoxious. It’s necessary.
It will be very beneficial if you haven’t read a Kiyosaki book. You should at least read Rich Dad, Poor Dad.
There is a lot of internal repetition. Kiyosaki reiterates a lot in this book. I know that annoys some people. But we must understand how learning happens.
It happens through repetition. You’ll see the same charts and graphs half a dozen times throughout, and you’ll see direct quotes from earlier chapters.
It’s through this process that important points sink in. Especially if you are reading the book little by little. I listened to the book on Amazon Audible.
On the other hand, the editing in the written book could be better. There are far too many grammatical mistakes.
Fake is written in plain language, which I appreciate. Yes, more complicated details and jargon could be used. But again, someone new to this reading area will be overwhelmed quickly.
The good news is that Kiyosaki recommends additional reading. You can find some more in-depth explanations here. With plenty of financial industry jargon. Some of which I’ve already read.
I agree with him wholeheartedly. We all must start somewhere. This is an excellent place to start.
What this book is not:
A step-by-step guide to becoming wealthy. Plenty of books claim to be that, and none of them are.
Kiyosaki is quite clear that this book is NOT such a guide. It’s a guide to recognizing that most of our education is worthless regarding finances.
It gives a road map to get an accurate financial education.
Something I appreciate about Kiyosaki is that despite his critical outlook on many people.
He has the same criticism of himself. He admits to his failures (and even said how stupid he was to try some of the things he did).
Too often, successful people toot their own horn about how wonderful they are. They tend to gloss over their past mistakes.
Kiyosaki does not do this. He’s one of the more down-to-earth writers out there.
Admittedly, my four favorite chapters are:
- Ch. 11 How Going to School Keeps People Poor
- Ch 12 Entrepreneurs in Education
- Ch 18 How to Prepare for a Brighter Future
- Ch 19 How to Soar with Eagles…in a World Full of Chickens
This is a worthwhile read, even if you’ve been reading similar books for a while. The most significant benefit comes to those who are first waking up.
To the realities of our education and financial system. But that doesn’t mean it’s a waste for others.
In Conclusion
As we close this chapter on “FAKE” by Robert Kiyosaki, it’s clear that the journey to financial literacy and empowerment is challenging and essential. If you’re ready to confront the lies and build a foundation of truth for your financial future, then FAKE by Robert Kiyosaki | How Lies Are Making the Poor and Middle-Class Poorer is your must-have companion. Let it be the beacon that guides you through the fog of financial falsehoods and onto the path of holistic growth.
Don’t let this be the end of your journey. Subscribe to my blog for more empowering content, follow me on social media to join a community of like-minded individuals, and share this article to spread the message of financial empowerment. Your thoughts are valuable to us, so leave a comment below, and let’s continue the conversation. We can build a future where the financial truth is known and lived.
Robert Kiyosaki’s book – Rich Dad Poor Dad has been around in the Industry for many years. I agree to the opinion suggested by Jamie Clay in this regards. I too agree to the same facts as mentioned by Jamie Clay. There are lots of things in this book that are not adding up. Reading to the list of cons mentioned in the book – there is a lot of unnecessary repetition. Not everyone in this world can become rich by reading a book.
I agree with you that not everyone can become rich by reading a book. You have to apply what you read. I personally feel like what is happening in our financial system in America is not adding up. The book makes lots of sense to me. It gives great insight into what the top elite doesn’t really want you to know.
Thank you for the exposure of fake by Robert Kiyosaki! I always get annoyed by people when they study the whole time, but not application or change after their studies. People even tried to convince me to study further of which I just stopped and question them what have they accomplished with this study. If you cannot learn and implement something in your life to improve it, then what is the point? I will definitely consider the book. Just worried about the repetion as I hate that.
Hey Bernard! I agree with the repetition overall though it really was informative. Exposed some truths that we already know and backed up the claims even more. THank you for your feedback.