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RICH DAD'S ESCAPE FROM THE RAT RACE; How to Become a Rich Kid by Following Rich Dad's Advice

Author: Robert T. Kiyosaki with Sharon L. Lechter, CPA

Illustrator: Rantz Hoseley

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Publisher: Little, Brown & Company,

Material: paperback

Summary: This is a children's comic book that presents kids with the information that goes way beyond "Save your pennies and the dollars will take care of themselves." There are also subtle lessons on values and ethics, too. The book pushes readers think about their financial future without resorting to scare tactics. The examples are generic with age-appropriate examples such as comic books, bicycles and newspaper routes. The story presents difficult financial concepts in simple English for kids ages 8 and up.

Type of Reading: family reading, anytime reading, independent reading

Recommended Age: read together: 9 to 12; read yourself: 10 to 12

Interest Level: 9 to 13

Age of Child: n/a - This reviewer did not read with child.

Young Reader Reaction: None offered.

Adult Reader Reaction: The book goes well beyond the "save your pennies" philosophy I was raised on. The book introduces terms that some kids never hear until they take their first economics class. I liked the presentation style that looks vaguely like a Tim Allen movie--artistic washes, subtle tones.

Reviewer 2: At one point, I felt myself checking my own finances to see if I was on the right track to financial freedom through asset-building versus liability-building! The reader’s choice is simple: either continue to run from paycheck to paycheck or create financial building blocks to pave your way to financial independence. The ending is a little overdone, in my opinion, as a child without financial knowledge might not have the wherewithal to open an ice cream stand after one month.

Pros: Kids will love the brightly colored segments. More importantly--for the parents at least--they are sure to absorb some sound ideas about ensuring their own futures. The narrative is easy to follow and the illustrations are appropriate to the subject matter.

Cons: None, really. Personally, I wasn't as taken with the brightly colored character segments. They were a little too Ninja Turtleish for me.

Borrow or Buy: Buy.It's worth the investment. Besides, your child will want to reread the book once they start putting the concepts to work.

Reviewer 2: Buy. I highly recommend this comic book for any parent who is willing to help his or her child gain a healthy understanding and long-term relationship with wealth and the benefits it brings.

If You Liked This Book, Try: MORRIS GOES TO SCHOOL (I Can Read Book Series, Level 1)   CALEB'S BIRTHDAY WISH  

Educational Themes: The purpose of the book is clear: the sooner you learn to manage your money, the more you'll have to enjoy.

Notes: This is one of a series of books that teach children about money, including Cashflow for Kids, Cashflow 101, and Rich Dad, Poor Dad for Teens. Guest Reviewer Carolyn Howard-Johnson offered this review.

Literary Categories: Nonfiction - graphic novel series, entrepreneur, money, middle grade

Date(s) Reviewed: January 2005, May 2014

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