Having two dads offered me the choice of contrasting points of view: one of a rich man and one of a poor man. I had two fathers, a rich one and a poor one. One was highly educated and intelligent. He had a Ph. 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 always struggled financially. 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.
If I had had only one dad, I would have had to accept or reject his advice. Instead of simply accepting or rejecting one or the other, I found myself thinking more, comparing, and then choosing for myself.
The problem was that the rich man was not rich yet, and the poor man was not yet poor. Both were just starting out on their careers, and both were struggling with money and families. But they had very different points of view about money. As a young boy, having two strong fathers both influencing me was difficult. I wanted to be a good son and listen, but the two fathers did not say the same things.
The contrast in their points of view, particularly about money, was so extreme that I grew curious and intrigued. I began to start thinking for long periods of time about what each was saying. And to give you the keys for success. But also, you can learn more about the author of the book here as well: Robert T. Rich Dad Poor Dad Pdf Book 2nd Page Summary Instead of simply accepting or rejecting one or the other, I found myself thinking more, comparing, and then choosing for myself.
I could not have understood many things in this book but still the way it is written made me. Writers managed very well to assemble the words which anybody could understand.
This is one of the reasons why this book got so successful. This guides everyone amazingly about how they should proceed in the investment business. This works mainly for the mental growth of the people who want to join this field.
This book is even for those who are from any field of the life. It teaches business in a way that helps every person around. Always remember that you work or study, ambition should be learning. Those people who just work to earn money, they never enjoy it. This thing has a lot to understand. Today most of the problems this world is facing are due to the same reason. People only learn and work just to earn the money.
In this way, the meaning of knowledge has lost somewhere in the woods. Education is to make our lives better, by learning ethics and good behavior. Unfortunately, we go in schools and colleges only to learn some skills which will earn us money.
When money becomes the motive behind work and education then things go mad. Many people with degrees such as MS and Ph. These are the ones who are vulnerable to society. So, you should make learning the purpose of your life to make it better. Forget that you are doing all this just to earn money. Use education for what it really exists. Everyone will learn some skills and figure out how to make money. But, there are very few who use education just to learn the life.
These are the ones who are still alive in history because of they under the real purpose behind work and education. Who would you choose when you are given a choice between a rich man and a poor man? Most would choose a Rich man even when the other man is his father and this is the story that happens with Robert who is one of the writers of this book. Just like any person, he chose a rich man who is not his biological father over a man who is his biological father but a struggling government servant.
Robert decides to stay with the rich man and thinks that he could learn a lot of things from him. He learned a lot of things from his rich dad about life and how he can become rich just like him. Well, there is a total of 6 lessons that you can learn from this book. These are the lessons that writer is trying to teach us through this book.
I have even summarized them into 5 because a couple of lessons talk about the same thing and if I had written separately, you could get confused. I tried my best to explain them in the best way I can. I hope you will try to learn from them and make your life financially and socially successful.
These lessons will prove a great part in your practical learning. This book teaches us a lot of things. When you read that book, you can bring out at least 5 lessons. What I perceived from the book might get you really interested. As you will read those, you may think that how did I define them? But when you deeply read the book, this is how it goes.
If you could illustrate these lessons, then it means you really understood the book. When you will read this, you will understand what this book was really about.
So keep reading ahead. The 1st lesson that you learn from Rich Dad Poor Dad is that why financial education is important. Every person in his lifetime has to deal with the financial stuff. Even when we are children we need to manage our pocket money. When we grow up, more burden comes on us. First, if we get jobs then dealing with routine according to monthly earning.
Then you marry, have children and your expenses increase with time. Managing all this according to your salary is a real skill. This books greatly emphasizes on the skills that involve financial handling. You are going to learn a lot of techniques that will enhance your management skills on this level. This was one of the many great lessons you learn from this amazing books. Most people would say that how is that possible and that makes no sense.
All the work rich people do is to earn the money and increase it every day. This phrase actually means that rich people work really hard and not just for money. Working does earn them money but there are other things that they learn.
And those who want to learn different things while working are the ones with real heart. They learn different life lessons and how to deal with life. How to take of people around you and your relations. Working for life is not just about money but it is also about learning life. This is a very important lesson from the book. Rich Dad Poor Dad greatly emphasizes on how we should be concerned with our own work.
Work hard and be honest with your work. Have good relations with people and try to learn from them. But never try to impose yourself on their lives and never stay dependent on them. You have got to make your own life through hard and sincere work. Concentrate more on your work rather than on the lives of other people. This thing brings only misery and pain so stay cornered with your work.
People can be used as a good learning medium. Keep a professional relation with everyone. The government tax policies are horrible and it is really difficult for an average man to survive in this system. He has to sacrifice many things to learn some important things in his life.
When you buy a car, a house or anything, you have to pay taxes. This makes your position even weaker because you had already paid much amount for the thing and now you are even paying the government for that.
We need to fix up this policy because it is making poor even poorer and rich even richer. They are the ones who invent.
Here we are speaking philosophically. This implies that rich people are the ones who bring out different businesses to prosper. Rich is one the world who earns from what is already present. He is the one who invents something to benefit the world.
Inventing a business directly means that you are inventing a way of earning money.
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