Rich Dad Poor Dad

of undergraduate work in less than two years. He then went on to Stanford University, the University of Chicago, and Northweste

t one struggled financially all his life. The other would become one of the richest men in Hawaii. One died

e advice, but they did not advise the same things. Both men believed

is advice. Having two dads advising me offered me the choice of c

ne or the other, I found myself thinking m

h were just starting out on their careers, and both were struggling with money an

money is the root of all evil." The other,

two fathers did not say the same things. The contrast in their points of view, particularly where money was concerned, was

ply say, "Yeah, he's right. I agree with that." Or to simply reject the point of view by saying, "The old man doesn't know what he's talking about." Instead, having two dads whom I loved forced me to thin

in school. Most of us learn about money from our parents. So what can a poor parent tell their child about money? They simply say "Stay in school and study

octors and accountants who earned excellent grades in school may still struggle financially all of their lives. Our staggering national debt is due

nce. They will be dependent on their families or the government for financial support. What will happen when Medicare and Social Security run ou

d from both of them. I had to think about each

ff the hook, and the other forces you to think. My soon-to-be-rich dad would explain that by automatically saying the words "I can't afford it," your brain stops working. By asking the question "How can I afford it?" your brain is put to work. He did not mean buy everything you want

esult was that one dad grew stronger financially and the other grew weaker. It is not much different from a person who goes to the gym to exercise on a regular basis versus someone who sits on t

ch should pay more in taxes to take care of those less fortunate. The othe

good company to work for." The other recommended,

use I have you kids." The other said, "The rea

ss at the dinner ,table. The other forbade th

play it safe, don't take risks." Th

test asset." The other believed, "My house is a liability, and

e, yet one paid his bills first w

ncles who joined the military and earned a retirement and entitlement package for life after twenty years of active service. He loved the idea of medical benefits and PX privileges the military provided its retirees. He also loved the ten

nst the "entitlement" mentality and how it was creating weak and finan

a few dollars. The other s

could find a good job. The other taught me how to write s

rving the effects different thoughts have on one's life. I notic

. He would say things like, "I'm a rich man, and rich people don't do this." Even when he was flat broke after a major financial setback, he continued to refer

ested in money," or "Money doesn't matter.

e as a young boy to be aware of my thoughts and how I expressed myself. I noticed that my

rs, I became acutely aware of being careful which thoughts I chose to

et a good job to work for money. He wanted me to study to become a professional, an attorney or an accountant or to go to business school for my MBA. The other encouraged me to

dad about money. In doing so, I chose not to listen to my poo

From Ro

love many of his poems, my favorite is The R

ad Not

n took the other, as just as fair, And having perhaps the better claim, Because it was grassy and wanted wear Though as for that the passing there Had worn them really about the same

es hence; Two roads diverged in a wood, and I took the on

Frost

de all the

ot to listen to my highly educated dad's advice and attitude about money wa

aught me over a period of 30 years, until I was age 39. He stopped once he realized tha

ation about how money works, you gain power over it and can begin building wealth. The reason positive thinking alone does n

epeated over 30 years. This book is about those six lessons, put as simply as possible as my rich dad put forth those lessons to me. The lessons are not meant to be

Rich Don't W

Teach Financ

Mind Your

y of Taxes and the

The Rich I

to Learn Don'