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Copyright © 2011 by Robert T. Kiyosaki. All rights reserved. Except as permitted under the U.S. Copyright Act of 1976, no part of this publication may be reproduced, distributed, or transmitted in any form or by any means or stored in a database or retrieval system, without the prior written permission of the publisher.
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CASHFLOW, Rich Dad, Rich Dad Advisors, and ESBI are registered trademarks of CASHFLOW Technologies, Inc.
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112015
First Edition: 1998
First Plata Publishing Edition: 2011
ISBN: 978-1-61268-037-8
Cover photo credit: Seymour & Brody Studio
BEST-SELLING BOOKS BY ROBERT T. KIYOSAKI
Rich Dad Poor Dad
What the Rich Teach Their Kids About Money – That the Poor and Middle Class Do Not
Rich Dad’s CASHFLOW Quadrant
Guide to Financial Freedom
Rich Dad’s Guide to Investing
What the Rich Invest in That the Poor and Middle Class Do Not
Rich Dad’s Rich Kid Smart Kid
Give Your Child a Financial Head Start
Rich Dad’s Retire Young Retire Rich
How to Get Rich and Stay Rich
Rich Dad’s Prophecy
Why the Biggest Stock Market Crash in History Is Still Coming… And How You Can Prepare Yourself and Profit from It!
Rich Dad’s Success Stories
Real-Life Success Stories from Real-Life People Who Followed the Rich Dad Lessons
Rich Dad’s Guide to Becoming Rich Without Cutting Up Your Credit Cards
Turn Bad Debt into Good Debt
Rich Dad’s Who Took My Money?
Why Slow Investors Lose and Fast Money Wins!
Rich Dad Poor Dad for Teens
The Secrets About Money – That You Don’t Learn In School!
Escape the Rat Race
Learn How Money Works and Become a Rich Kid
Rich Dad’s Before You Quit Your Job
Ten Real-Life Lessons Every Entrepreneur Should Know About Building a Multimillion-Dollar Business
Rich Dad’s Increase Your Financial IQ
Get Smarter with Your Money
Robert Kiyosaki’s Conspiracy of the Rich
The 8 New Rules of Money
Unfair Advantage
The Power of Financial Education
Why “A” Students Work for “C” Students
Rich Dad’s Guide to Financial Education for Parents
8 Lessons in Military Leadership
for Entrepreneurs
Second Chance
for Your Money, Your Life, and Our World
CONTENTS
Introduction
Chapter One What Is the Price of Being Cheap?
Chapter Two What Is the Price of a Mistake?
Chapter Three What Is the Price of Education?
Chapter Four What Is the Price of Cutting Up Your Credit Cards?
Chapter Five What Is the Price of Getting Rid of Bad Debt?
Chapter Six What Is the Price of Change?
In Conclusion What Is the Price of Fixing Your Financial Report Card?
Appendix
Most people are familiar with the television show, Who Wants to Be a Millionaire? It was an overnight success in the United States and was soon viewed by audiences around the world. All the contestants had to do was answer a series of trivia questions. With each correct response, they earned more cash, culminating with a possible jackpot of $1 million.
It wasn’t long before the question, “Who wants to be a millionaire?” became a popular catchphrase everywhere. With so much fixation on money, getting rich, and huge lottery payouts, the more obvious question is: “Who doesn’t want to be a millionaire?”
And yes, it is possible to win a million dollars on a game show. It is also possible to get millions of dollars by winning the lottery. And it is possible to become a millionaire by investing in an IPO (initial public offering). Then you could retire rich for the rest of your life. In fact, there are more ways to become rich today than in any other time in our history. Maybe that is why there is such an international frenzy over the idea of getting rich—and the quicker the better.
I remember when I was being interviewed about my book, Rich Dad Poor Dad, and the interviewer asked, “Come on, why don’t you tell us the truth? Didn’t you write your book simply to take advantage of this get-rich-quick craze that is sweeping the nation?”
Her question really surprised me, and I was almost