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CHAPTER ONE Rich Dad, Poor Dad As narrated by Robert Kiyosaki I had two fathers, a rich one and a poor one.
One was highly educated and intelligent; he had a Ph. and completed four years of undergraduate work in less than two years. The other would become one of the richest men in Hawaii. Both men offered me advice, but they did not advise the same things.
But they had very different points of view about the subject of money.
For example, 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." As a young boy, having two strong fathers both influencing me was difficult.
Much of my private time was spent reflecting, asking myself questions such as, "Why does he say that?
" and then asking the same question of the other dad's statement.
If I had had only one dad, I would have had to accept or reject his advice.
As a process, choosing for myself turned out to be much more valuable in the long run, rather than simply accepting or rejecting a single point of view.
One of the reasons the rich get richer, the poor get poorer, and the middle class struggles in debt is because the subject of money is taught at home, not in school. So what can a poor parent tell their child about money? Schools focus on scholastic and professional skills, but not on financial skills.
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They simply say "Stay in school and study hard." The child may graduate with excellent grades but with a poor person's financial programming and mind-set. This explains how smart bankers, doctors and accountants who earned excellent grades in school may still struggle financially all of their lives.