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Rich Dad, Poor Dad

Writer: Anisha AnilAnisha Anil

Hello people! Following the Introduction: There is a need, here comes the next part 'Rich Dad, Poor Dad' where Robert expresses his dilemma in deciding between the advices offered by his rich dad & poor dad.

This chapter is narrated by Robert Kiyosaki I had two fathers, a rich one and a poor one. Both men were successful in their careers, working hard all their lives. Both earned substantial incomes. Both men were strong, charismatic, and influential. The problem was both men offered me advice, but they did not advise the same things. If I had only one dad, I would have to accept or reject his advice. Having two dads advising me offered me the choice of contrasting points of view: one of a rich man and one of a poor man. Because of this, instead of simply accepting or rejecting one or the other, found myself thinking more, comparing, and then choosing for myself. Another problem was, the rich man was not rich yet and the poor man was not yet poor. Both were just starting out on their careers, but they had very different points of view about the subject of money. For example, one dad had a habit of saying, "I can't afford it. The other dad insisted I say, “How can I afford it?" One is a statement which lets you off the hook, and the other is a question forcing you to think. One dad would say, "The love of money is the root of all evil.” The other, "The lack of money is the root of all evil.” One dad thought that the rich should pay more in taxes to take care of those less fortunate. The other said, "Taxes punish those who produce and reward those who don't produce.” One dad recommended, “Study hard so you can find a good company to work for.” The other recommended, “Study hard so you can find a good company to buy.” One dad said, "The reason I'm not rich is because I have you kids.” The other said, "The reason I must be rich is because I have you kids.” One said, "When it comes to money, play it safe, don't take risks.” The other said, "Learn to manage risk.” One believed, "Our home is our largest investment and our greatest asset.” The other believed, "My house is a liability, and if your house is your largest investment, you're in trouble.” 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. I decided to listen to and learn from my rich dad about 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 those lessons to me. The lessons are not meant to be answers but guideposts. Guideposts that will assist you and your children to grow wealthier no matter what happens in a world of increasing change and uncertainty.

Two roads diverged in a wood, and I took the one less traveled by, And that has made all the difference. - Robert Frost (1916)

4 Comments


Saurabh Kapoor
Saurabh Kapoor
Jul 12, 2022

Can't wait to learn the 6 learnings you mentioned about. Hope next post comes soon.

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Anisha Anil
Anisha Anil
Jul 14, 2022
Replying to

Thank you Saurabh Every Monday at 7 pm !

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Guest
Jul 11, 2022

I always wanted to get some insights about this book and then I found this. Thanks alot Anisha (:

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Anisha Anil
Anisha Anil
Jul 14, 2022
Replying to

Welcome & thanks for reading 😃

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