Second Chance by Robert Kiyosaki

There are only few people who can see and much less understand what is really happening in this world.  These individuals happen to be gifted with powerful minds or trained themselves to become such.  Many of us awe them, although some of us may be skeptical too, for good reasons. However, no matter whether you believe them or not it will stand to reason that those who backed up their claim with enough evidence shall prevail.

In Second Chance, Robert Kiyosaki presents again the possible impending financial crisis that may happen in the future. This will be another potential catastrophe that we may either choose to take for granted or to be prepared for. What follows is my overall personal impression of the book.

ACCURACY AND RELIABILITY (Score: 5/5)

For those who read Rich Dad Poor Dad, you know that Robert got the foundation of his financial education from his Rich dad (his best friend’s Dad) when he was nine years old. Even today he continues to learn things to strengthen his financial education. The data he presented in his book have solid basis with the inclusion of significant facts to support his arguments.

SUBSTANCE AND VOICE (Score: 5/5)

The book aims to present to the readers that everyone has a second chance to learn how to prepare for the future. The book was able to substantiate its arguments.

STYLE (Score: 3/5)

The book communicates in a very easy to understand manner. It is written so direct that many times sometimes I feel that it is being a little bit harsh by not taking in to account the feelings of some readers who wanted to know other financial ideas. For example, the author is not an advocate of investing in paper assets since these types are usually heavily taxed. Since some of the readers of this book may already have some of their money on stocks and mutual funds, it would not hurt if the argument for an alternative is written in a more positive tone.

STRUCTURE (Score: 3/5)

The book has good organization of headings and subheadings although I found that the sudden shift to dialogue between the author and an interviewer quite surprising sometimes. I am not even sure with whom exactly the author was talking to in those dialogues. I assumed it could be anyone of the readers or the author is talking to his friend. If the latter is the case, we don’t know who that person is.

ILLUSTRATION AND FORMAT (Score: 5/5)

There are lots of illustrations and graphs in this book. Those really served their purpose in supporting the argument of the book.

Overall, the book invoked a feeling of anxiety on me because it made me realize that I am not yet ready for what is coming. For me,  that is good to know since I can prepare for what is coming.