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or21jy9 ([info]or21jy9) wrote,
@ 2010-01-12 03:01:00

Previous Entry  Add to memories!  Tell a Friend!  Next Entry
I've been teaching you from afar," my rich dad...
I've been teaching you from afar," my rich dad said"At 9 years old, you've gotten a taste of what it feels like to work for moneyJust multiply your last month by fifty years and you will have an idea of what most people spend their life doing
"I don't understand," I said
"How did you feel waiting in line to see me? Once to get hired and once to ask for more money?"
"Terrible," I said
"If you choose to work for money, that is what life is like for many people," said rich dad
"And how did you feel when MrsMartin dropped three dimes in your hand for three hours' work?"
"I felt like it wasn't enoughIt seemed like nothingI was disappointed," I said
"And that is how most employees feel when they look at their paychecksEspecially after all the tax and other deductions are taken outAt least you got 100 percent
"You mean most workers don't get paid everything?" I asked with amazement
"Heavens no!" said rich dad"The government always takes its share cartier watches women first
"How do they do that
"Taxes," said rich dad"You're taxed when you earnYou're taxed when you spendYou're taxed when you saveYou're taxed when you die
"Why do people let the government do that to them?"
"The rich don't," said rich dad with a smile"The poor and the middle class doI'll bet you that I earn more than your dad, yet he pays more in taxes
"How can that be?" I askedAs a 9-year-old boy, that made no sense to me"Why would someone let the government do that to them?"
Rich dad sat there in silenceI guess he wanted me to listen instead of jabber away at the mouth
Finally, I calmed downI did not like what I had heardI knew my dad complained constantly about paying so much in taxes, but really did nothing about itWas that life pushing him around?
Rich dad rocked slowly and silently in his chair, just looking at me
"Ready to learn?" he asked
I nodded my head slowly
"As I said, there is a lot to learnLearning how to have money work for chanel quilted bag classic black you is a lifetime studyMost people go to college for four years, and their education endsI already know that my study of money will continue over my lifetime, simply because the more I Find out, the more I find out I need to knowMost people never study the subjectThey go to work, get their paycheck, balance their checkbooks, and that's itOn top of that, they wonder why they have money problemsThen, they think that more money will solve the problemFew realize that it's their lack of financial education that is the problem
"So my dad has tax problems because he doesn't understand money?" I asked, confused
"Look," said rich dad"Taxes are just one small section on learning how to have money work for youToday, I just wanted to find out if you still have the passion to learn about moneyThey want to go to school, learn a profession, have fun at their work, and earn lots of moneyOne day they wake up with big money problems, and then they can't stop rolex daytona cosmograph workingThat's the price of only knowing how to work for money instead of studying how to have money work for youSo do you still have the passion to learn?" asked rich dad
"Good," said rich dad"Now get back to workThis time, I will pay you nothing
"What?" I asked in amazementYou will work the same three hours every
Saturday, but this time you will not be paid 10 cents per hourYou said you wanted to learn to not work for money, so I'm not going to pay you anything
I couldn't believe what I was hearing
"I've already had this conversation with MikeHe's already working, dusting and stacking canned goods for freeYou'd better hurry and get back there
"That's not fair," I shouted"You've got to pay something
"You said you wanted to learnIf you don't learn this now, you'll grow up to be like the two women and the older man sitting in my living room, working for money and hoping I don't fire themOr like your dad, earning lots of money only to be in debt prada handbag up to his eyeballs, hoping more money will solve the problemIf that's what you want, I'll go back to our original deal of 10 cents an hourOr you can do what most people grow up to doComplain that there is not enough pay, quit and go looking for another job
"But what do I do?" I asked
Rich dad tapped me on the head"If you use it well, you will soon thank me for giving you an opportunity, and you will grow into a rich man
I stood there still not believing what a raw deal I had been handedHere I came to ask for a raise, and now I was being told to keep working for nothing
Rich dad tapped me on the head again and said, "Use thisNow get out of here and get back to work
LESSON #l: The Rich Don't Work For Money

I didn't tell my poor dad I wasn't being paidHe would not have understood, and I did not want to try to explain something that I did not yet understand myself
For three more weeks, Mike and I worked for three hours, every Saturday, for chanel mens watches not


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