A good job is what leads to wealth

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You might be able to guess what Robert’s own well-educated but “poor dad” replied: “Go to school, study, and find a good job.” It’s familiar advice – but it’s pretty misguided.

If you follow guidance like this, you’ll spend your entire life breaking your back to increase your pay, while others – the government, bill collectors, and your bosses – take most of the reward.

In other words, Robert’s poor dad might as well have said, “Go and join the rat race, the endless routine of working for everyone but yourself.”

Now, lots of people still follow poor dad’s mantra – but many do it out c level executive list of a sense of fear, a powerful sense of distress at the idea of violating the expectations that society drills into us., we’re told, so we study hard as kids and work even harder as adults. The result? We may be avoiding poverty, but we’re certainly not growing any wealthier.

But there are some people who don’t teach that mantra to their kids – people who know how money is created, increased and maintained. Rich people, in other words – people like Mike’s father, the rich dad who became a financial mentor to both boys.