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Rich Dad, Poor Dad
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Journal #2

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message 1: by Melissa (new)

Melissa Valenciano | 2 comments Melissa Valenciano
Journal Submission no.1
Rich Dad Poor Dad by Robert Kiyosaki
Chapter 1-4, Pages 1-20
Nicole, Luis and Melissa
Thursday, October 17,2013, 3:50pm

Part 1
I know the feeling when you do not have a job and all I would do is stay home and do chores. I also know how it feels to be dependent on your parents when you really want a job. However, I did not feel that way till I turned 18. As a child Kiyosaki wanted to independent at the age of nine. If I would have started thinking at nine that in nine more years I want to drive a nice car or move out I would have defiantly started saving up. I would have also started to save money to move out and at least have a two years of rent so I can see how it is to live by my self. At nine I defiantly was still a kid unlike Kiyosaki. Kiyosaki already had two business partners at the age of nine. He was defiantly more pro active about his future than I was at the age of nine. I wonder who inspired him to be so curious about money.I understood that he was from a middle class family and his dad had chosen getting an education compared to all the other entrepreneur dads around who worked at the local sugar plantation in Hawaii and owned businesses on the side. I think what sparked his curiosity is that he wanted toys like a baseball glove like the “rich kids”. He also wanted to drive nice cars like the parents of the “rich kids”. I think what always sparks curiosity for money is the desire of the wanted things, you never had, or things you really want to get, but are set at goals because they are not necessities. His parents did give him okay clothes, they lived in a house, he also had shoes to wear and always had food to eat. The only thing that he wanted were just extra things. He was happy with what his parents provided but he really wanted was to have nicer things. I think I am the same way because I am happy with what I have and I am also grateful that I have wonderful family and friends. However, I want a little extra things like a nicer car, nicer clothes, and maybe real jewelry. I also want to have extra money to travel and have a great time with my family and friends.

Part 2

I figured out by reading this book it gave me a spark of want. As in now if I really want it I need to get it. Now I do not say to my self I can wait till I am a little older to get something because by then I will have different wants because I will be more mature and have other mature wants. I need to stop thinking by this age I will do this and by this age I will finally go there alone without my parents. I am barley starting my business and I am being more independent compared to my parents taking care of me I am starting to take care of them by taking my self to school and much more. I also realized that to get nice things you have to save more then ten percent of your earnings saved and do not touch it till you have to buy a big “want”. I also realized that nice things are not necessities they are simply wants not needs. At first I thought that that me saying that was so cheesy but then it just made more sense and my attitude stopped being so needy of things and it changed to more goal setting mind set. When you start to think about wants as goals, what you do have truly starts to mean a lot to yourself. I also love that when I started to think that way my whole attitudes toward my wants changed. My attitude towards my goals changed by me saying to my self “I would enjoy a nice car” compared to “I need a new car instead of my hammy down” it even sounds nicer to yourself. Just by saying that to myself its like natural positive energy and positive reenforcement that one day I will have a nicer car.Since then I have been more appreciative of what my car is and sopped calling it a hammy down. I also started to appreciate what I have and what I got for free compared to having my parents buy me a car and me having to pay them back. Having my car passed down I think was the best idea because I have room to make errors and be okay with it instead of me being traumatized of a new car that I would feel super bad that I mess up the paint or little things like that. By changing my attitude I am now an ADROIT ALTRUISTIC business women who is very COSMOPOLITAN and thinks outside the box even though I am a NOVICE at this whole saving money and being FRUGAL. I know when I reach my first goal of getting a car I will be very EXUBERANT.I know I will learn a lot in by reading this great book written by this VENERABLE man in the business world. I hope that I also will be considered an ENTREPRENEUR just like the AFFLUENT Kiyosaki.


message 2: by Deidre (new)

Deidre For context clues, better to have as separate sentences...difficult to do this way.

Good content


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