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Explode the myth that you need to earn a high income to become richChallenge the belief that your house is an assetShow parents why they can't rely on the school system to teach their kids about moneyDefine once and for all an asset and a liabilityTeach you what to teach your kids about money for their future financial successPersonal-finance author and lecturer Robert Kiyosaki developed his unique economic perspective through exposure to a pair of disparate influences: his own highly educated but fiscally unstable father, and the multimillionaire eighth-grade dropout father of his closest friend. The lifelong monetary problems experienced by his "poor dad" (whose weekly paychecks, while respectable, were never quite sufficient to meet family needs) pounded home the counterpoint communicated by his "rich dad" (that "the poor and the middle class work for money," but "the rich have money work for them"). Taking that message to heart, Kiyosaki was able to retire at 47. Rich Dad, Poor Dad
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