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Michael Rosenbaum

๐Ÿ‘ค Person
429 total appearances
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Appearances Over Time

Podcast Appearances

Rich Dad Poor Dad In English
Rich Dad Poor Dad in English

He basically uses the life lessons from his own father the poor dad.

Rich Dad Poor Dad In English
Rich Dad Poor Dad in English

And his best friend's father the rich dad.

Rich Dad Poor Dad In English
Rich Dad Poor Dad in English

To show how like different ways of thinking about money can lead to really different financial outcomes.

Rich Dad Poor Dad In English
Rich Dad Poor Dad in English

Yeah, it's all about mindset.

Rich Dad Poor Dad In English
Rich Dad Poor Dad in English

He says that how we think about money, the beliefs that we have about money, a lot of times come from how we grew up, you know, like our families and stuff.

Rich Dad Poor Dad In English
Rich Dad Poor Dad in English

And those beliefs can really make a big difference in whether or not we're successful with money.

Rich Dad Poor Dad In English
Rich Dad Poor Dad in English

So Kiyosaki's real dad, the poor dad, was super educated.

Rich Dad Poor Dad In English
Rich Dad Poor Dad in English

And he had a really good secure job with the government.

Rich Dad Poor Dad In English
Rich Dad Poor Dad in English

But even with all of that, he struggled with money his whole life.

Rich Dad Poor Dad In English
Rich Dad Poor Dad in English

Then you have the rich dad who was his best friend's father.

Rich Dad Poor Dad In English
Rich Dad Poor Dad in English

He never even finished the eighth grade.

Rich Dad Poor Dad In English
Rich Dad Poor Dad in English

But he built this huge successful business and ended up being one of the richest guys in Hawaii.

Rich Dad Poor Dad In English
Rich Dad Poor Dad in English

He uses these two guys to show us that, like, just because you have a good education or a steady job doesn't automatically mean you're going to be good with money.

Rich Dad Poor Dad In English
Rich Dad Poor Dad in English

There's definitely more to it.

Rich Dad Poor Dad In English
Rich Dad Poor Dad in English

He says that you need to understand how money works, like financial literacy.