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One dad struggled to save a few dollars。 The other simply created investments。
One dad taught me how to write an impressive resume so I could find a good job。 The other taught me how to write strong business and financial plans so I could create jobs。
Being a product of two strong dads allowed me the luxury of observing the effects different thoughts have on ones life。 I noticed that people really do shape their life through their thoughts。
For example; my poor dad always said; 〃Ill never be rich。〃 And that prophesy became reality。 My rich dad; on the other hand; always referred to himself as rich。 He would say things like; 〃Im a rich man; and rich people dont do this。〃 Even when he was flat broke after a major financial setback; he continued to refer to himself as a rich man。 He would cover himself by saying; 〃There is a difference between being poor and being broke。 … Broke is temporary; and poor is eternal。〃
My poor dad would also say; 〃Im not interested in money;〃 or 〃Money doesnt matter。〃 My rich dad always said; 〃Money is power。〃
The power of our thoughts may never be measured or appreciated; but it became obvious to me as a young boy to be aware of my thoughts and how I expressed myself。 I noticed that my poor dad was poor not because of the amount of money he earned; which was significant; but
because of his thoughts and actions。 As a young boy; having two fathers; I became acutely aware of being careful which thoughts I chose to adopt as my own。 Whom should I listen to…my rich dad or my poor dad?
Although both men had tremendous respect for education and learning; they disagreed in what they thought was important to learn。 One wanted me to study hard; earn a degree and get a good job to work for money。 He wanted me to study to bee a professional; an attorney or an accountant or to go to business school for my MBA。 The other encouraged me to study to be rich; to understand how money works and to learn how to have it work for me。 〃I dont work for money!〃 were words he would repeat over and over; 〃Money works for me!〃
At the age of 9; I decided to listen to and learn from my rich dad about money。 In doing so; I chose not to listen to my poor dad; even though he was the one with all the college degrees。
A Lesson From Robert Frost
Robert Frost is my favourite poet。 Although I love many of his poems; my favorite is The Road Not Taken。 I use its lesson almost daily:
The Road Not Taken
Two roads diverged in a yellow wood; And sorry I could not travel both And be one traveler; long I stood And looked down one as far as I could To where it bent in the undergrowth;
Then 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;
And both that morning equally lay In leaves no step had trodden black。 Oh; I kept the first for another day! Yet knowing how way leads onto way; I doubted if I should ever e back。
I shall be telling this with a sigh Somewhere ages and ages hence; Two roads diverged in a wood; and I took the one less traveled by; And that has made all the difference。
Robert Frost(1916)
And that made all the difference。
Over the years; I have often reflected upon Robert Frosts poem。 Choosing not to listen to my highly educated dads advice and attitude about money was a painful decision; but it was a decision that shaped the rest of my life。
Once I made up my mind whom to listen to; my education about money began。 My rich dad taught me over a period of 30 years; until I was age 39。 He stopped once he realized that I knew and fully understood what he had been trying to drum into my often thick skull。
Money is one form of power。 But what is more powerful is financial education。 Money es and goes; but if you have the education about how money works; you gain power over it and can begin building wealth。 The reason positive thinking alone does not work is because most people went to school and never learned how money works; so they spend their lives working for money。
Because I was only 9 years old when I started; the lessons my rich dad taught me were simple。 And when it was all said and done; there were only six main lessons; repeated over 30 years。 This book is about those six lessons; put as simply as possible as my rich dad put forth
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