Rich Dad Poor Dad – Robert Kiyosaki’s Two Fathers Thoughts
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“At the age of 9 years, Robert Kiyosaki realized he has two dad’s with both different opinions and thoughts about Money. He was very confused about whom to listen ? As one was his real dad, the biologically true but was ‘Poor Dad’ giving advice like ‘Go to school, get higher degree to get high paid job and make money, Where as his ‘Rich Dad’ always motivated Robert about doing multiple business and earning via Investments..”
Below is a simple table which shows difference in thoughts given to Robert Kiyosaki by both Rich and Poor Dad disclosed in his book, he thinks he is fortunate enough to understand the difference and impacts of these thoughts in his life.
| Rich Dad Thoughts | Poor Dad Thoughts |
| His rich dad advised to own his own corporation. | His educated dad advised him to work for corporation. |
| Teaches about money on dinning table discussing about business. | Biological dad prefers him to go to school for same. |
| Richdad forbade using words like ‘I can’t afford it’ and thinks ‘How can i afford it’ | Poor dad used such negative words. |
| Exercises his brain when it comes to making money and getting rich. | makes his brain sleep on topics of money, business and investing. |
| He got richer day by day because of his thoughts. | Mr. Ralph H. Kiyosaki, Robert’s Dad grew weaker by his poor thoughts. |
| Thinks, Taxes punish those who produce and reward those who don’t produce. | Rich people should pay more in taxes to take care of those less fortunate. |
| Study hard to find a good company to BUY. | Study hard to find a good company for high paid JOB. |
| Rich dad thinks, I must be rich because I have you kids to take care. | Poor dad thinks, the reason he is not rich is because he has kids. |
| Encourages talking about Money, Business on dinning table. | Forbade talking on money and business topics during food. |
| Rich thoughts about money is to ‘Learn To Manage Risk’ | Poor thinks the money game should be ‘Played safely and not to take risk’. |
| According to Rich dad, His house is his liability and if its the biggest Investment of life, person is in trouble. | Thinks, Home is his biggest asset and largest investment of life. |
| When it came to paying bills, Rich dad prefers it to give last preference. PAY YOURSELF FIRST | Paying Bills were priority in poor life. |
| Thinks financial self reliance is best one should do in life. | Other Dad thinks of company and Government taking care of personal needs. Job security, pensions etc |
| Rich dad created Investment to grow. | Poor dad always believed in saving few dollars for same. |
| Teaches how to write strong business & financial plans so be able to create jobs. | Poor teaches to write impressive resumes for better job. |
| Roberts rich dad always said ‘Money is Power’ | His Poor dad says ‘I am not interested in Money’ |
| Richdad always used to say ‘I don’t work for money, Money works for me’ | Poor dad says ‘work hard for money to get successful in life’ |
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admin @ August 30, 2010
