Rich Dad Poor Dad
is a
der sister and me, so that we would have the greatest chance for success in life. When T finally earned my diploma in 1976-graduating with honors, and near the top of my class, in accounting from Florida State University-my pa
lso graduated with honors, but he did it twice: first as an engineer and then from law school. He was quickly recruited by a prestigious Wash
both have changed positions several times-for all the right reasons-but there are no pension plan
this, two are in college and one is just beginning high school. We have spent
chool. He was bored and tired of studying. "Why should I put time
Because if you don't get good gr
go to college," he replie
," I responded with a tinge of panic and motherly concern. "A
ad this talk many times before. He lowered his head and rolled his ey
ed, he has always been a pol
. Look at Michael Jordan and Madonna. Even Bill Gates, who dropped out of Harvard, founded Microsoft; he is now the richest man in America, and
hat I was giving my son the same advice my parents had give
ades no longer ensures success, and nobody
g harder and harder only to pay more taxes and wind up in debt. There is no job security anymore; I know all about downsizing and rightsizing. I also know that college graduates today earn less th
n before 1945, but it may be disastrous for those of us born into a rapidly changing world. No longe
or new ways to guide m
re they leave high school, yet they have never had a course in money or how to invest it, let alone understand how compound interest works on credit cards. Simply put, wit
in college, I not only helped him destroy the credit cards, but I also went in
eet," he said. "His name is Robert Kiyosaki. He's a businessman and investor, and he is here
I Was Lo
at he arranged for both of us to participate in a test of the prototype. Because it was an educational game, I also a
oken into three groups,
rat in the middle. Unlike Monopoly, however, there were two tracks: one inside and one outside. The object of the game was to get out of the inside track-wh
fined the "Rat
good grades, and is accepted into a college. The child graduates, maybe goes on to graduate school and then does exactly as programmed: looks for a safe, secure job or career. The child finds that job, m
for cash is enormous. The happy couple decides that their careers are vitally important and begin to work harder, seeking promotions and raises. The raises come, and so does another child and the need for a bigger house. They work harder, become better employees, even more dedicated. They go back to school to get more specialized skills so they can earn more money. Maybe they take a second job. Their incomes go up
est of their working days. They work for the owners of their company, for the g
ood grades, and find a safe job or career.' They learn noth