Rich Dad, Poor Dad
Rich Dad, Poor Dad
By Robert T. Kiyosaki
There is a Need
Does school prepare children for the real world? “Study hard
and get good grades and you will find a high-paying job with
great benefits,” my parents used to say. Their goal in life was
to provide a college education for my older sister and me so
that we would have the greatest chance for success in life.
When T finally earned my diploma in 1976-graduating with
honors, and near the top of my class, in accounting from
Florida State University-my parents had realized their goal. It
was the crowning achievement of their lives. In accordance with
the “Master Plan,” I was hired by a “Big 8” accounting firm,
and I looked forward to a long career and retirement at an
My husband, Michael, followed a similar path. We both came
from hard? working families, of modest means but with strong
work ethics. Michael also graduated with honors, but he did it
twice: first as an engineer and then from law school. He was
quickly recruited by a prestigious Washington, D.C., law firm
that specialized in patent law, and his future seemed bright,
career path well-defined and early retirement guaranteed.
Although we have been successful in our careers, they have
not turned out quite as we expected. We both have changed
positions several times for all the right reasons but there are no
pension plans vesting on our behalf. Our retirement funds are
growing only through our individual contributions.
Michael and I have a wonderful marriage with three great
children. As I write this, two are in college and one is just
beginning high school. We have spent a fortune making sure
our children have received the best education available.
One day in 1996, one of my children came home
disillusioned with school. He was bored and tired of studying.
“Why should I put time into studying subjects I will never use
in real life?” he protested.