Rich Dad's Guide to Becoming Rich... Without Cutting Up Your Credit Cards

Read an Excerpt

Chapter 1: What Is the Price of Being Cheap?
These days conventional wisdom seems to state that in order to become wealthy you must cut up your credit cards and save by putting the maximum amount of your paycheck into your 401k retirement plan.

Chapter 1: Can Everyone Be Rich?
Rich dad and I talked further about the price of being rich. He told me, 'The price is different for different people.' Rich dad also said, 'The only people who think life should be easy are lazy people.'

Chapter 1: The Price of Security
'Does it have to be insecurity as the reaction?' Mike asked. 'Good question,' rich dad commented. 'No, it could be something else that is reacting. A person could have so much security that the reaction is boredom and then restlessness.

These days conventional wisdom seems to state that in order to become wealthy you must cut up your credit cards and save by putting the maximum amount of your paycheck into your 401k retirement plan.

Although this plan might work for some people, Robert Kiyosaki urges readers to try a different approach. He outlines how to get rid of "bad debt," including credit card bills, and other unsecured debt, while maximizing "good debt," such as home mortgages or other investments. Kiyosaki's plan will help readers finally break through the psychological barriers of self-doubt that can serve as the biggest obstacle to becoming rich.

Robert Kiyosaki a financier, author and teacher says "that the main reason people struggle financially is because they have spent years in school but learned nothing about money. The result is that people learn to work for money... but never learn to have money work for them.".

Co-author of the Rich Dad series of books and CEO of the Rich Dad Organization, Sharon Lechter has dedicated her professional efforts tot he field of education. She graduated with honors from Florida State University with a degree in accounting, then joined the ranks of Coopers & Lybrand, a Big Eight accounting firm. Sharon held various management positions with computer, insurance, and publishing companies while maintaining her professional credentials as a CPA.

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