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This is the introduction of the book Rich dad, poor dad written by robert T. K. O. Scape. Having two dials, offered me the choice of contrasting points of view. One of rich men and one of the poor man. I had two fathers, a rich one and a poor one. One was highly educated and intelligent. He had a PhD and completed four years of undergraduate work in less than two years. He then went on to stand for the university, the University of Chicago and Northwestern University to do his advanced studies, all on full financial scholarships. The other father never finished the 8th 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. Having two dads offered me the choice of contrasting points of view, one of a rich man and one of a poor man 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 Richmond was not rich yet and the poor man was not yet. Both were just starting out on their carriers and both were struggling with money and families, but they had very different points of view about money. For example, one dad would say the lao of money is the root of all evil. The other said, the lack of money is the root of all evil. As a young boy, having two strong fathers, both influencing me was difficult. I wanted to be a good son anil ism, 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 intrude. I began to start thinking for long periods of time about what each was saying. Much of my private 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, it would have been much easier to simply say, yeah, he's right, I agree with that. Or to simply reject the point of view by saying the old man doesn't know what he's talking about. Instead having two dads instead having two dads whom I love forced me to think and ultimately choose a way of thinking for myself as a process, choosing by myself, turned out to be much more valuable in in process, much more valuable in the long run than simply accepting or rejecting a single point of view. One of the reasons that rich get richer, the poor get poorer and the middle class struggles in debt is that the subject of money is thought at home, not in school, Most of us learn about money from our parents. So what can poor parents tell their child about money? They simply say stay in school and study hard. The child may graduate with excellent grades, but with the poor person person's financial programming and mindset, sadly money is not taught in schools. Schools focus on scholastic and professional skills, but not on financial skills. This explains how smart bankers, doctors and accountants who earn excellent grades may struggle financially all of their lives. Our staggering national debt is due in large part to highly educated politicians and government officials making financial decisions with little or no training. The subject of money today, I often wonder what will soon happen when we have millions of people who need financial and medical assistance. They will be dependent upon their families or the government for financial support? What will happen when Medicare and Social Security run out of money? How will a nation survive if teaching Children about money continues to be left to parents, most of whom will be already are poor because I had two influential fathers. I learned from both of them. I had to think about each dad's advice and in doing so, I gain valuable insight into the power and effect of one's thoughts on one's life. For example, one that had a habit of saying I can't afford it the other that for bed those words to be used, he insisted, I ask how can I effort it? One is a statement and the other is the question. One lets you off the hook and the other forces you to think my soon to be rich. Dad would explain that by automatically saying the words, I can't afford it. Your brain stops working by asking the question, how can how can I afford it? Your brain is put to work. He did not mean that you should buy everything you want. He was fanatical about exercising your mind, the most powerful computer in the world. He would say, my brain gets stronger every day because I exercise it, the stronger it gets, the more money I can make. He believed that automatically saying I can't afford it was a sign of mental laziness. Although both dads worked hard, I noticed that one dad had a habit of putting his brain to sleep when it when it came to finances and the other had a habit of exercising his brain. The long term result was was that one dad grew stronger financially and the other grew weaker. It is not much different from a person who gets to the gym to access on a regular basis, bosses, someone who sits on the couch watching television, proper physical exercise increases your chances for health and proper mental exercise increases your chances for wealth. My two dads had opposing attitudes and that affected the way they thought. One dad thought that the rich should pay more in taxes to care to take care of those less fortune. The other said taxes punish those who produce and reward those who don't produce. Yeah one dad recommended study hard so you can find a good company to work for the other recommend er 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 encourage talking about money and business at the dinner table while the other forbid the subject of money to be discussed over a meal. Once 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. Data believed my house is a liability and if your house is your largest investment, you are in trouble. Both dads paid their bills on time. Yet one paid his bills first. While the other paid his bills last one dad believed in a company or the government taking care of you and your needs. He was always concerned about pay rises, retirement plans, medical benefits, sick days, vacation days and other books. He was impressed with two of his uncles who joined the military and earned the retirement and entitlement package for life for life after 20 years of active service he allowed the idea of medical benefits and P. X. Privileges the military provided its retirees. He also allowed the menu system available through the university. The idea of job protection for life and job benefits seemed more important at times than the job He would often say I have worked hard for the government and I went 10 tal to these benefits. The other believe in total financial self reliance. He spoke out against the entitlement mentality and how it created weak and financially needy people. He was empathetic about being financially competent. One that struggled to save a few dollars, the other created investment. One that 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 being a product of too strong. That allowed me the luxury of observing the effects different thoughts have on one's life. I noticed that people really do shape their lives through their thoughts. For example, my poor dad always said I'll never be rich and that professor became reality. My rich dad on the other hand, always referred to himself as rich. He would say things like I'm a rich man and rich people don't do this even when he was flat broke after a major financial setback, he continued to refer to himself as a rich man. He would cover himself by saying there's a difference between being poor and being broke, broke. His temporary poorest O'donnell. My poor dad would say I'm not interested in money, but money doesn't matter marriage. Dad always said money is power. The power of our thoughts may never be measured or appreciated, but it became obvious to me as a young boy that it was important to be aware of my thoughts and how I expressed myself. I noticed that my poor dad was poor, not because of the amount of money he earned which was significant, but because of his thoughts and actions as a young boy. Having two fathers, I became accurately aware of being careful about which thoughts I choose to add up, adopted as my own. Should I listen to marriage to my poor dad. Although both men had tremendous respect for education and learning, they disagreed about what they thought was important to learn. One wanted me to study hard, earn a degree and get a job to earn money. He wanted me to study, to become a professional and attorney or an accountant and to go to business school for my MBA the other encouraged me to study, to be rich, to understand how money works and to learn how to have it how to have it work for me. I don't work for money, where words he would repeat over and over. Money works for me. At the age of nine. I decided to listen to and learn from a rich dad about money. In doing so I choose not to listen to my poor dad even though he was the one with all the college degrees and that has made all the difference over the years. I have often reflected upon robert Frost poem choosing not to listen to my highly educated dad's advice and attitude about money was a painful decision, but it was a decision that shaped the rest of my life. Once I made up my mind about whom to listen to my education about money began My rich dad taught me over a period of 30 years until I was 39 years old. Mhm. He start, once he realized that I knew and fully understand what he had been trying to drum into my authentic skull. Money is one form of power. But what is more powerful is financial education. Money comes and goes. But if you have the education about how money works, you gain power over it and can begin building wealth. The reason for still thinking alone does not work is because most people went to school and never learned how money works. So they spend their lives working for money. Because I was only nine years old. When I started the lessons marriage that taught me very 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, just as simply as marriage, that put forth those lessons to me, the lessons are meant not to be answers, but guide posts that will assist you and your Children to grow wealthier, no matter what happens in a world of increasing change and uncertainty. Thank you.