My Dad

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A son needs a man he can imitate, and a daughter needs a man who will make her feel protected and secure. Before his meeting with his rich dad, Robert Kiyosaki’s poor dad told him to demand what he deserves at least 25 cents an hour and to quit his job immediately if he didn’t get a raise. Robert went to meet with his rich dad but was forced to wait 60 minutes longer than expected, which infuriated him. Robert felt that his rich dad hadn’t kept his end of the bargain of teaching him and that he was just trying to exploit him by making him work for him. My father always said he would quite like to have Mum's name on the front cover, but she wouldn't hear of it. During an interview with a journalist, Robert Kiyosaki learned that the journalist strived to become a best-selling author. He realized she was a great writer and that she should pursue that. She told him that she had tried, but no one was interested. He accidentally offended her when he told her to take a sales course so she could promote herself. She became defensive. Do I need to fit winter tyres to my car now it's colder, and what's the difference between summer and all-season tyres?

Compare to some other books about fathers, for example; Some Dogs Do by Jez Alborough, Danny the Champion of the World by Roald Dahl. My father taught me to be careful with it while my mother taught me to use it for good. Later on in life when he was earning very good money, he was extremely generous and would always pay for things. He felt it was his position to do so. Ella has Little Beauty by Anthony Browne that she got for Christmas from her nursery a few years ago and she still loves it. I’m going to buy this for her to give her dad for Father’s Day Transitioning from the mindset of “I can’t afford it” to “How can I afford it?” forces you to think instead of letting yourself off the hook. Robert Kiyosaki shares, “Most people never win because they’re more afraid of losing. That is why I found school so silly. In school, we learn that mistakes are bad, and we are punished for making them. Yet if you look at the way humans are designed to learn, we learn by making mistakes. We learn to walk by falling down. If we never fell down, we would never walk.”

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A shot in the arm for fighting HIV: ViiV Healthcare boss believes annual jabs can replace daily tablets in next decade I really enjoyed listening to video. I must say I am so guilty of just telling the story, just reading the words rather than exploring books with Harry. I really should try and take more time.

This book is about a boy who talks about how wonderful his father is, and about all the wonderful things he can do. His father is not afraid of the Big Bad Wolf, he can jump over the moon and he can wrestle with giants. Assets add to your income. Liabilities add to your expenses. And the job of a poor person pays you an income that then covers your expenses. The job of a middle-class person pays you an income then pays down liabilities then pays expenses. However, for a rich person, their assets pay them an income. For example, their assets may give them rental income, dividends, interest, or royalties. When Robert Kiyosaki first published Rich Dad, Poor Dad in 1997, every publisher who had rejected his book had criticized the lesson regarding a person’s house not being an asset. Historically, people believed that your home was the biggest investment you can make. When it comes to financial education, you need to know the difference between good debt and bad debt. Analyze instead of criticizing. People with money often report that their friends without money never ask them how they did it. But they do ask for: a loan or a job.

Most people say they’re too busy to focus on their wealth and health, but really they’re avoiding it. When companies downsize, employees often blame the owners for being unfair. In a news story he saw, Robert Kiyosaki shares, “A terminated manager of about 45 years of age had his wife and two babies at the plant and was begging the guards to let him talk to the owners to ask if they would reconsider his termination. He had just bought a house and was afraid of losing it.” Inside of us is both someone brave and someone who will get on their knees and beg.

Robert Kiyosaki has more liabilities than most of the population, but he uses tenants to pay for his debts. It’s normal to feel a bit of resistance to that idea; you might not be excited to do something you aren’t passionate about. But remember, you go to the gym not because you want to but because you want to be healthy and live a long life. The strategy of the average person is: “Work hard, save, and borrow.” But instead of working hard, they should aim to improve their financial intelligence so that they can make more money. The people who get rich the fastest are those who realize that money isn’t real. Robert Kiyosaki had two fathers: a rich one and a poor one. One was highly educated with a Ph.D. and so intelligent he completed his undergraduate degree in only two years. The other father didn’t even finish the eighth grade. While both men worked hard, were successful, and earned a lot of money, there was always one who struggled with money. And the other dad, well, he became one of the richest people in Hawaii. Not even the rich, like losing money. No one does really. Rich dad says, “Some people are terrified of snakes. Some people are terrified of losing money. Both are phobias.” That’s why it was so crucial for Robert’s rich dad to teach his two sons how to take risks at a young age. The younger you are, the easier it is to become rich.In 1991 my father asked me to give up my day job as an A-level physics teacher to become his manager. He offered to double my salary. I agreed and, after struggling to get by on a teacher's salary, my money worries disappeared. This is a fantastic video introducing Anthony Browne and I recommend it if you aren’t familiar with his books. At 8 mins 50 seconds he also talks about the dressing gown and how it inspired his writing. Anthony Browne’s dad was inspired to write the book when he found his dad’s dressing gown. If you were writing a book about a member of your family, which of their possessions would inspire you? McDonald’s founder, Ray Kroc, wanted the land underneath every McDonald’s location for free with every franchise he opened