《SO YOU WANT TO BE RICH?》CHAPTER 2 [WHAT I LEARNT FROM READING RICH DAD POOR DAD]
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I learnt a lot by reading rich dad poor Dad and I'd suggest everyone once to go through that book. (IT'S AVAILABLE ON WATTPAD)
The writer of this book is ROBERT T. KIYOSAKI. You need to know who the person actually is before starting the book, huh?
There are some things about Kiyosaki that you need to know... And I swear you won't believe them. Follow the steps by Kiyosaki and you'll become like him one day.
Kiyosaki had two dads, one rich and one poor. But both were hard-working. The poor one worked harder than the rich one and you can see the difference. They both said different things. ie. Poor Dad said, "I can't afford it," whereas the rich one said, "How can I afford it?". Both his Dads were extremely talented. If difference was there it was in thinking. The poor Dad was educated and Rich wasn't. The poor one had degrees and so much of schoolic information. However the rich one was uneducated, no basic school knowledge, he concentrated on the subjects not taught anywhere, not even school [Financial education] and this was the only reason why rich was rich and the poor was poor.
The poor Dad of Kiyosaki told him, to go to school, study hard and get a secure good job with high payings.
Other Dad suggested, to go to school, get good education, get a degree and startup a business.
Kiyosaki concentrated on Rich dad's advice and his net worth estimated in 2017 is about $80m. Do you think if he'd have listened to his poor dad, he would have been here?
Kiyosaki was poor by 1985, he lived in a Toyota car with his wife, he didn't had home, he worked just to keep some food in his stomach.
By 1989, he and his wife were millionaires. And by 1995, they were wealthy.
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What Robert learnt from his life was that both his dads advised different things and just in 4 years he switched his home from a $10,000 Toyota to a $10m house, listening to what his rich dad said.
If you listen to your parents [Go to school, get good grades and find a secure high paying job], one day you'll become like them, living on a $15,000 yearly salary. And if you listen to rich ones they say different things and listening to them could be beneficial for you. You'd become a millionaire or maybe a billionaire.
So, I say you distance yourself from middle class thoughts and surround yourself with rich people and their thoughts.
Remember Jeff Bezoz also started from not having a single penny in his pocket. He is not the richest person in this whole world with current net worth of about $100b. Bill Gates started being the same, Warren Buffet started being the same.
Read this book only when you want to become rich by changing your thoughts from a middle to upper class. You're allowed to exit anytime when you feel you can't do this and you want to live with lottery.
A person is rich until he works. Don't be dependent on lottery. If you got a lottery of $100,000, once exhausted you'll come back to where you started. I'd say to invest those $100,000 buying assets not liabilities. One day you'll have $1m in your pocket.
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