• English

Rich dad poor dad

“I had two fathers, a rich one and a poor one. One was highly educated and intelligent; he had a Ph.D. and completed four years of undergraduate work in less than two years. He then went on to Stanford University, the University of Chicago, and Northwestern University to do his advanced studies, all on full financial scholarships. The other father never finished the eighth grade. Both men were successful in their careers, working hard all their lives. Both earned substantial incomes. Yet one struggled financially all his life. The other would become one of the richest men in Hawaii. One died leaving tens of millions of dollars to his family, charities and his church. The other left bills to be paid. Both men were strong, charismatic and influential. Both men offered me advice, but they did not advise the same things. Both men believed strongly in education but did not recommend the same course of study”. This is how start the book Rich Dad, Poor Dad, written by Robert Kiyosaki. The book we analyze this month in the Professional Reading Club became a bestseller during the dot.com boom of the late 1990s. Many ideas and businesses faded away when the bubble burst, but this book has kept on going because it has nothing to do with market frenzies and everything to do with our private attitudes to money. Kiyosaki had two 'dads': his real one, who worked hard all his life as an educator in Hawaii; and a friend's father, who ran businesses and worked for himself. At age 9, the young Kiyosaki decided to follow the advice of the 'rich dad', and this book is the culmination of rich dad's teachings. Everybody should go to school, get high grades and then get a good job, right? Wrong! Well, at least if financial independence is what you are aiming at. Our education system is the number one cause of why so many people struggle financially. Schools teach people how to work for money, but they do not teach them how money can work for them. This lack of financial...

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