He compares and contrasts both fathers views about working hard, getting an education, saving and investing and realizing how habits of the rich and poor significantly differ. He attributes his financial acumen through the many conversations he carried out with his rich dad. The author takes a common sense approach to the subject of money and emphasizes the need for accounting knowledge so that the reader clearly understands twist what assets and liabilities are. He makes simple diagrams that show the inflow and outflow of money and how the rich build up the asset column and the poor build up the liability column (expenses). It is obvious that the author places much importance on accounting knowledge no matter how boring it is - because he says it is the most important subject in your life. By using numerous examples and anecdotes, the author drives home his messages effectively, revealing his pro-capitalist stance. The author also shows his understanding of the mechanisms employed by the government and the tax man and concludes that it is the middle class that actually pay for the poor. The rich are the ones who are hardly taxed because they have the knowledge to use tax legislation to their advantage. Chapter 1: Rich Dad, poor Dad, the story of Robert kiyosaki and mike starts in 1956 Hawaii, when both boys were a nine years old.
His rich dad, by contrast, was very skilled in the investment game because thats all he did. The attitude of his rich dad about money was manifested in the saying the lack of money is the root of all evil (his poor dad, on the other hand, believed that the love of money is the root of all evil). According to the author, rich dad also nurtured the idea that taxes punished producers and rewarded the non-producers. He was the type who encouraged money talk at the dinner table and was portrayed by the author as someone who learned to manage risk, instead of not taking risks. The son (Robert. Kiyosaki the author begins his book, rich Dad, poor Dad, by saying that he is fortunate in having had two fathers. He learned valuable lessons from both of them, but in Chapter One it becomes evident which father had the more sensible approach towards money.
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The author points out that poor dad was preoccupied with things like job tenure and security, social Security, vacation and sick leaves, company insurance and salary raises and promotions. The author felt that his poor dad was more interested in these factors rather than on the job itself. This is what the author calls being trapped in the rat Race. His poor dad worked hard incessantly but somehow never made it ahead financially. Poor essay dads approach to the subject of money was based on working hard to have enough money to pay the bills (in contrast to rich dads approach to make ones money work for him). Rich Dad, the author wrote that it was when he was nine years old that he started realizing that his rich dad made much more sense than his poor dad.
It was from rich dad that the author learned not to say, i cant afford it, but instead to ask, how can i afford it? He explains this principle by relating an incident when he and his best plan friend mike went to work for mikes father. Rich dad paid them very low wages deliberately so that would stir anger and a sense of injustice in them and eventually for them to realize that in order to get ahead, one must work for himself and not for others. For example, in that part of the book when the author complains to rich dad that he can hardly afford to buy anything with the wages he is paid, rich dad tells him that he shouldnt dwell on the fact that his wages are low. His rich dad says that when someone says, i cant afford it, his brain stops working. It therefore kills initiative and promotes passivity. The author adds that while his poor dad invested time and effort in education, he did not have any knowledge on investing.
The essence of each character is: poor dad educated but lacking the street smarts. Rich dad very little education (eighth grade tons of street smarts. Kiyosaki the spectator who learns lessons from both but internalizes only rich dads traits. Poor Dad, the author compares his poor dad to the millions of fathers who encourage their sons to do well in school so they could get a good job with a good company. Poor dad believed in the traditional principles of working hard, saving money, and not buying material things that one cannot afford.
He believed that having a good job with a solid company is what one should aspire for; hence he expresses disappointment when his son leaves the employ of a large, reputable corporation. Poor dad looks to education as the passport to success. He held a doctorate degree, went to ivy league universities, but was always struggling financially. He believed he would never be a rich man and the author points out that this became a self-fulfilling prophecy. Poor dad was more interested in a good education than the subject of money. The author wrote that his poor dad would always say things like, im not interested in money or money doesnt matter.
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They spend so much time in school learning about the problems of the world, but have not acquired any valuable lessons about money, simply because it is never taught in school. His rich dad, by contrast, represents the independently wealthy core of society who deliberately takes advantage of the power of corporations and their personal knowledge of tax and accounting (or that of their financial advisers) which they manipulate to their advantage. The books theme reduces to two paperless fundamental concepts: a can-do attitude and fearless entrepreneurship. The author highlights these two concepts by providing multiple examples for each and focusing on the need for financial literacy, how the power of corporations contribute to making the wealthy even wealthier, minding your own business, overcoming obstacles by not fostering laziness, fear, cynicism and. The author presents using six major lessons which he discusses throughout the book: The rich dont work for money. The importance of financial literacy, minding your own business, taxes and corporations. The rich invent money, the need to work to learn and not to work for money. Contents, character Summaries, rich Dad, poor Dad revolves around three main characters: poor dad, rich dad (kiyosakis second father) and the son (the author himself as narrator of the book).
This includes not only the current nation of Israel but also the future of the coming Messiah, the temple, and the kingdom of God in the End age. In chapter 37, he writes the famous vision of the valley of bones, he said to me, son of man, can these bones live? And i answered, o lord God, fou know (37:3). Summaries courtesy of the Ultimate bible summary collection. Blog comments powered by disqus, the book is the story of a person (the narrator and author) who has two fathers: the first was his biological father the poor dad - and the other was the father of his childhood best friend, mike the rich. Both fathers taught the author how to achieve success but with very disparate approaches. It became evident to the author which father's approach made more financial sense. Throughout the book, the author compares both fathers their principles, ideas, financial practices, and degree of dynamism and how his real father, the poor and struggling but highly educated man, paled against his rich dad in terms of asset report building and business acumen. The author compares his poor dad to those people who are perpetually scampering in the rat Race, helplessly trapped in a vicious cycle of needing more but never able to satisfy their dreams for wealth because of one glaring lack: financial literacy.
of Israel, to a rebellious people who have rebelled against Me; they and their fathers have transgressed against me to this very day (2:3). Chapters 4-24, ezekiel delivered the message of doom to the captives. He told several parables, one that compared Israel to an adulterous woman (16:1-63). He taught them that God was cleansing His chosen nation, fou have borne the penalty of your lewdness and abominations, the lord declares (16:58). From chapters 25-32, ezekiel condemns judgment upon seven particular nations who mocked yhwh, the god of Israel because of the captivity; they too would soon see their fate. These nations are Ammon, moab, Edom, Philistia, tyre, sidon, and Egypt. In chapters 33-48, a message of deliverance and restoration is written.
By clicking continue below and using our sites or applications, you agree that we and our third party advertisers can: transfer your personal data to the United States or other countries, and process your personal data to serve you with personalized ads, subject to your. Eu data subject Requests. The book of ezekiel is Narrative history, prophetic and Apocalyptic in genre and even contains Parables. The prophet ezekiel wrote it approximately 571. (this date is accurately precise because this book contains more defined dates than any other book in the bible.) key personalities include ezekiel, Israels leaders, ezekiels wife, king Nebuchadnezzar, and the prince. It was written to announce judgment upon Judah, to allow them one last chance to repent. It also essay foretells of the coming deliverance of Gods nation from captivity in Babylon. It mainly discusses the events during the babylonian captivity.
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