Page 97 - Rich Dad Poor Dad for Teens: The Secrets about Money--That You Don't Learn in School!

And the person who has the most timely information owns the wealth. The
problem is, information flies all around the world at the speed of light. The
new wealth cannot be contained by boundaries and borders as land and

factories were. The changes will be faster and more dramatic. There will be
a dramatic increase in the number of new multimillionaires. There also will
be those who are left behind.
Today, I find so many people struggling, often working harder, simply
because they cling to old ideas. They want things to be the way they were;
they resist change. I know people who are losing their jobs or their houses,
and they blame technology or the economy or their boss. Sadly they fail to

realize that they might be the problem. Old ideas are their biggest liability.
It is a liability simply because they fail to realize that while that idea or way
of doing something was an asset yesterday, yesterday is gone.
One afternoon I was teaching investing using a board game I had
invented, CASHFLOW, as a teaching tool. A friend had brought someone
along to attend the class. This friend of a friend was recently divorced, had

been badly burned in the divorce settlement, and was now searching for
some answers. Her friend thought the class might help.
The game was designed to help people learn how money works. In
playing the game, they learn about the interaction of the income statement
with the balance sheet. They learn how “cash flows” between
the two and how the road to wealth is through striving to increase your
monthly cash flow from the asset column to the point that it exceeds your j

monthly expenses. Once you accomplish this, you are able to get out of the
“Rat Race” and out onto the “Fast Track”.
As I have said, some people hate the game, some love it, and others
miss the point. This woman missed a valuable opportunity to learn
something. In the opening round, she drew a “doodad” card with the boat
on it. At first she was happy. “Oh, I've got a boat.” Then, as her friend tried

to explain how the numbers worked on her income statement and balance
sheet, she got frustrated because she “had never liked math. The rest of her
table waited while her friend continued explaining the relationship between
the income statement, balance sheet and monthly cash flow. Suddenly,
when she realized how the numbers worked, it dawned on her that her boat
was eating her alive. Later on in the game, she was also ”downsized" and
had a child. It was a horrible game for her.