A small fragment from the summary "Rich dad, Poor dad"

A small fragment from the summary

“Rich Dad Poor Dad” is a 1997 book written by Robert Kiyosaki and Sharon Lechter. It advocates the importance of financial independence and building wealth through investing, real estate investing, starting and owning businesses, as well as increasing one's financial intelligence to improve one's business and financial aptitude.


What is “a rat race” and why doesn’t it let us get what we truly deserve?

Do you know what a “rate race” is? You most probably do. Let’s look at it more precisely now.

 If you look at the life of the average educated, hard-working person, there is a similar path. The child is born and goes to school. The proud parents are excited because the child excels, gets fair to good grades, and is accepted into a college. The child graduates, maybe goes on to graduate school and then does exactly as programmed: looks for a safe, secure job or career. The child finds that job, maybe as a doctor or a lawyer, or joins the Army or works for the government. Generally, the child begins to make money, credit cards start to arrive in mass, and the shopping begins, if it already hasn't.

 Have you ever noticed that there are many accountants who aren't rich? They may belong to bankers, and attorneys, and stockbrokers and real estate brokers. They know a lot, and, for the most part, are smart people, but most of them are not rich.

The main idea is that they do all the work, they work hard and still do not  expect that much from their lives as they know that all the money goes to the ones who stand above them: their bosses or the government.

Everyone knows it: those who get the money and those who truly work hard are different people. Therefore, we all know about it, we all understand it but still we never leave this “rat race”. Why so?

The answer is that none of us wants to be judged by the society we all are a part of. It is the legacy of our parents’ past. They all were supposed to get a job right after graduating and then work at the same job for the entire life and afterward get a pension they were satisfied with. Now, it doesn’t necessarily happen the exact same way.

That is why we may live a good life, be smart, work hard and have a satisfactory income but despite all of it, we may never become rich.

You can read the whole summary  "Rich Dad, Poor Dad"  (online)  here.

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