Why Some Professionals Are Not Rich
At my table was a banker, a business owner, and a computer programmer. What greatly disturbed me was how little these people knew about either accounting or investing, subjects so important in their lives. I wonder how they managed their own financial affairs in real life.
The business owner at my table was not happy. He did not like the game. "I don't need to know this," he said out loud. "I hire accountants, bankers, and attorneys to tell me about this stuff."
To which Robert Kiyosaki replied, "Have you ever noticed that there are a lot of accountants who aren't rich? And bankers, and attorneys, and stockbrokers and real estate brokers. They know a lot, and for the most part are smart people, but most of them are not rich. Since our schools don't teach people what the rich know, we take advice from these people. But one day, you're driving down the highway, stuck in traffic, struggling to get to work, and you look over to your right and you see your accountant stuck in the same traffic jam. You look to your left and you see your banker. That should tell you something."
The computer programmer was also unimpressed by the game: "I can buy software to teach me this."
The banker, however, was moved. "I studied this in school - the accounting part, that is - but I never knew how to apply it to real life. Now I know. I need to get myself out of the Rat Race."
But it was my daughter's comments that most touched me. "I had fun learning," she said. "I learned a lot about how money really works and how to invest."
As narrated by Sharon Lechter
Co-Author of Rich Dad Poor Dad
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