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JohnH comments on The 5-Second Level - Less Wrong
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Agreed. Kiyosaki's "Rich dad Poor dad" has lots of good advice about the difference between "good debt" and "bad debt".
AFAI recall it boiled down to "only borrow money for assets, not liabilities"
ie - good debt is borrowing for things that will continue to make you more money (including your appreciating house or your business) and bad debt is for things like holidays or house redecorating projects - things that simply take cash our of your hand.
This has worked pretty well for me so far too.
Kiyosaki's "Rich Dad, Poor Dad" has also received some extremely harsh criticism, some of it at least from people who seem to have a clue what they're talking about. I haven't looked at it myself and am not a financial expert, but would advise anyone considering reading it and/or taking Kiyosaki's advice to exercise caution.
The same can and should be said about any book that purports to advise people on how to become rich.
I wish people were required to include in the appendix of such a book their net worth as independently assessed by an external audit and tax returns and other filings presented to show that they are wealthy and have actually gained that wealth in the manner described by the book.
Even then caution would still be needed as if markets are efficient (or even slightly efficient) then something that provided market beating returns 3-5 years ago (or however long it has been since they gained their wealth) should be expected to only provide market rates of return currently.