{"id":11233,"date":"2020-07-25T23:30:00","date_gmt":"2020-07-26T03:30:00","guid":{"rendered":"https:\/\/www.shortform.com\/blog\/?p=11233"},"modified":"2020-07-27T17:36:51","modified_gmt":"2020-07-27T21:36:51","slug":"rich-dad-poor-dad-rat-race","status":"publish","type":"post","link":"https:\/\/www.shortform.com\/blog\/rich-dad-poor-dad-rat-race\/","title":{"rendered":"How to Avoid the Rat Race in Rich Dad, Poor Dad"},"content":{"rendered":"\n

What is the Rich Dad, Poor Dad<\/em> rat race? Does the book tell you how to escape in? <\/p>\n\n\n\n

In Rich Dad, Poor Dad<\/em>, the rat race is the never ending cycle of earning money and owing money, so you get caught in a loop and never truly do what you want to do in life. The Rich Dad, Poor Dad<\/em> rat race is the thing that drove the author to the Rich Dad’s financial philosophy; to generate enough wealth to achieve financial independence<\/a>. <\/p>\n\n\n\n\n\n\n\n

Lessons of The Rich Dad, Poor Dad Rat Race<\/h2>\n\n\n\n

The rat race is a key element of the book. Part of being financially independent is learning how to avoid the rat race. Here’s some of Rich Dad’s tips. <\/p>\n\n\n\n

Working for No Pay<\/h3>\n\n\n\n

Rich Dad\u2019s next order is for the author and Mike to go back working, but now with zero pay. When Kiyosaki complains, Rich Dad challenges him: we can go back to our original deal of 10 cents, or you can do what most people do – complain there isn\u2019t enough pay, and go looking for another job. When Kiyosaki is confused, Rich Dad advises him to use his head.<\/p>\n\n\n\n

After working for 3 more weeks, both kids are confused by what they\u2019re supposed to be learning. Rich Dad comes by and tells them there\u2019s a lesson to be learned here.<\/p>\n\n\n\n

\u201cIf you don\u2019t learn this lesson, you\u2019ll end up like other people who work hard, clinging to their pay and constantly looking forward for their vacation days and little raises. Here – I\u2019ll raise your pay to 25 cents an hour. Does that excite you? Do you want to take it?\u201d<\/p>\n\n\n\n

Rich Dad keeps raising the stakes – a dollar an hour. $2 an hour. The author\u2019s imagination runs wild at having that much money, but he knows he\u2019s being tested. Each person has a weak and needy part of their soul that can be bought. Each person also has a part of their soul that is strong and can never be bought. This is his first lesson in Rich Dad, Poor Dad<\/em> on the rat race. <\/p>\n\n\n\n

The point of the lesson: most people run endlessly in a loop between fear and greed<\/strong>. <\/p>\n\n\n\n