Page 88 - Rich Dad Poor Dad for Teens: The Secrets about Money--That You Don't Learn in School!
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power up to your employer. If your money works for you, you keep and
control the power.
Once we had this knowledge of the power of money working for us, he
wanted us to be financially smart and not let bullies push us around. You
need to know the law and how the system works. If you're ignorant, it is
easy to be bullied. If you know what you're talking about, you have a
fighting chance. That is why he paid so much for smart tax accountants and
attorneys. It was less expensive to pay them than pay the government. His
best lesson to me, which I have used most of my life, is “Be smart and you
won't be pushed around as much.” He knew the law because he was a law-
abiding citizen. He knew the law because it was expensive to not know the
law. “If you know you're right, you're not afraid of fighting back.” Even if
you are taking on Robin Hood and his band of Merry Men.
My highly educated dad always encouraged me to seek a good job with
a strong corporation. He spoke of the virtues of “working your way up the
corporate ladder.” He didn't understand that, by relying solely on a
paycheck from a corporate employer, I would be a docile cow ready for
milking.
When I told my rich dad of my father's advice, he only chuckled. “Why
not own the ladder?” was all he said.
As a young boy, I did not understand what rich dad meant by owning
my own corporation. It was an idea that seemed impossible, and
intimidating. Although I was excited by the idea, my youth would not let
me envision the possibility that grownups would someday work for a
company I would own.
The point is, if not for my rich dad, I would have probably followed my
educated dad's advice. It was merely the occasional reminder of my rich dad
that kept the idea of owning my own corporation alive and kept me on a
different path. By the time I was 15 or 16, I knew I was not going to
continue down the path my educated dad was recommending. I did not
know how I was going to do it, but I was determined not to head in the
direction most of my classmates were heading. That decision changed my
life.
It was not until I was in my mid-20s that my rich dad's advice began to
make more sense. I was just out of the Marine Corps and working for
Xerox. I was making a lot of money, but every time I looked at my
paycheck, I was always disappointed. The deductions were so large, and the

