Unfair Advantage -The Power of Financial Education (34 page)
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Authors: Robert T. Kiyosaki
Tags: #Personal Finance, #unfair advantage, #financial education, #rich dad, #robert kiyosaki
Conversely, life will grow easier for those who follow the three Laws of Compensation:
Give more to receive more.
Learn to give more, on the B and I side.
Leverage the power of compounding knowledge.
Not only will life be more abundant, but the government will offer you tax breaks, banks will loan you money to buy your assets, and Wall Street will raise money for entrepreneurs in the B quadrant.
Why are socialists and fascists so generous to capitalists? The answer is: They need capitalists. Without capitalists, socialists and fascists would be attacked by angry, hungry, out-of-work mobs.
Your financial education can give you an unfair advantage by preventing you from becoming a victim of the power play between the workers and the leaders.
Rather than be trapped between protesting workers and politicians, just focus on true capitalism.
Learn more so you can do more. Focus on doing more with less, and enriching the lives of others.
My Job… and Your Job
One of my heroes is Steve Jobs, co-founder and CEO of Apple, Inc. If not for Steve Jobs, I would never have written
Rich Dad Poor Dad
in 1997, or be using my iPhone to talk to the world.
Steve, a true entrepreneur and capitalist, made my life easier so that I could do my work of making other people’s lives easier through financial education.
Your job is to use your unfair advantages to put the power of financial education to work in your life. First change yourself. Then change the world.
About The Author
Robert Kiyosaki
Educational entrepreneur, creator of the
CASHFLOW
board game, founder of the financial education-based Rich Dad Company and author of
New York Times
bestsellers
Conspiracy of the Rich: The 8 New Rules of Money
and
Rich Dad Poor Dad
Robert Kiyosaki is best known as the author of
Rich Dad Poor Dad
—the #1 personal finance book of all time—which has challenged and changed the way tens of millions of people around the world think about money. Rich Dad titles hold four of the top ten spots on Nielsen Bookscan List’s Life-to-Date Sales from 2001-2008 alone. Robert has been featured on shows such as
Larry King Live, Oprah, The Doctors,
Bloomberg International Television and CNN.
With perspectives on money and investing that often contradict conventional wisdom, Robert has earned a reputation for straight talk, irreverence and courage. His point of view (that old advice—get a good job, save money, get out of debt, invest for the long term, and diversify—is obsolete advice) challenges the status quo. His assertion that “your house is not an asset” has stirred controversy, but has been proven to be accurate in our economy’s current financial crisis.
In 2006, Robert teamed up with Donald Trump to co-author
Why We Want You To Be Rich –
Two Men • One Message
. It debuted at #1 on
The New York Times
bestsellers list.
Robert was featured in TIME magazine’s popular “10 Questions” column where Robert answered questions ranging from investing with few resources to the impact of education on one’s financial success.
Robert’s latest book,
Conspiracy of the Rich: The 8 New Rules of Money,
pioneered online book publishing as a free online interactive book with contributions from 1.1 million readers in over 167 countries. Frequent updates and postings appear on conspiracyoftherich.com
Copyright
This publication is designed to provide competent and reliable information regarding the subject matter covered. However, it is sold with the understanding that the author and publisher are not engaged in rendering legal, financial, or other professional advice. Laws and practices often vary from state to state and country to country and if legal or other expert assistance is required, the services of a professional should be sought. The author and publisher specifically disclaim any liability that is incurred from the use or application of the contents of this book.
Copyright © 2011 by CASHFLOW Technologies, Inc. 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.
Published by Plata Publishing, LLC
CASHFLOW, Rich Dad, Rich Dad’s Advisors, ESBI, and B-I Triangle are registered trademarks of CASHFLOW Technologies, Inc.
Plata Publishing, LLC4330 N. Civic Center PlazaSuite 100Scottsdale, AZ 85251(480) 998-6971
Visit our websites: PlataPublishing.com and RichDad.com
Printed in the United States of America First Edition: March 2011
ISBN: 978-1-61268-012-5
This book is dedicated to those who step up and become part of the solution.
Bestselling 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
Rich Dad’s 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 Quickly and Stay Rich Forever
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!
Rich Dad’s Escape from the Rat Race How to Become a Rich Kid by Following Rich Dad’s Advice
Rich Dad’s Before You Quit Your Job Ten Real-Life Lessons Every Entrepreneur Should Know About Building a Multi-Million-Dollar Business Rich Dad’s Increase Your Financial IQ
Get Smarter with Your Money
Conspiracy of the Rich
The 8 New Rules of Money
Table of Contents
Introduction - HOW DO YOU CATCH A MONKEY?
Chapter One - UNFAIR ADVANTAGE #1: KNOWLEDGE
Chapter Two - UNFAIR ADVANTAGE #2: TAXES
Chapter Three - UNFAIR ADVANTAGE #3: DEBT
Chapter Four - UNFAIR ADVANTAGE #4: RISK
Chapter Five - UNFAIR ADVANTAGE #5: COMPENSATION
