Reddit reviews Pound Foolish: Exposing the Dark Side of the Personal Finance Industry

There's a great book that is called Pound Foolish. In it, they interviewed Kiyosaki. Basically, Kiyosaki admits that he made up the entire story (when asked if the story is real, he answered, "Is Harry Potter real?") but that it has important points.

But my point is that he never actually made money on real estate. He made money on giving these seminars. (Similar with other gurus. For example, Suze Orman advocates putting money in stock, but she keeps her money in TIPS, and she makes money by talking and selling her brand.) I would not purchase anything by Rich Dad, Poor Dad.

(I do have some of his books, but those were given to me. And yes, they're inspiring, but they don't give any actual details on how to accomplish it.)

To get major raises you have to get promotions, which, yes, takes some planning and forethought. It towers over all your suggestions combined though.

For one most people will not save $100/mo from switching to directtv, or really anywhere close. If you switch and take a feature reduction possibly you'll save a fair bit, but not that much. It is worth doing (in general it is worth optimizing all monthly repeating bills down to about 1/4 hours work, relevant xkcd, here we assume switching costs are about half a day research and action, plus some risk premium), but it isn't repeatable, and it is a fairly minor plus unless you are really badly tiered.

As for moving that has fairly massive costs. As someone looking at a move right now, I can tell you that the loss is generally many times any months rent (for one, one must assume loss of security deposit, plus actual costs of move, plus time spent packing unpacking, plus damage to goods, etc, and it is even worse if you are an owner).

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