Explode the myth that you need to earn a high income to become rich
Challenge the belief that your house is an asset
Show parents why they can't rely on the school system to teach their kids about money
Define once and for all an asset and a liability
Teach you what to teach your kids about money for their future financial success
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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...
Robert T. Kiyosaki is an investor, teacher, entrepreneur, and bestselling author. His books include Cashflow Quadrant, Rich Dad's Guide to Investing, Rich Dad Poor Dad for Teens, Rich Dad's Retire Young Retire Rich, and Increase Your Financial IQ. Robert lives in Phoenix, Arizona.
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