Page 54 - Why We Want You To Be Rich - Donald Trump, Robert Kiyosaki.pdf
P. 54
48 I CHAPTER THREE
well-educated, hard-working, yet
There are many expecting the government to take care of
him when he retired.
definitions for
We've mentioned that in a few years,
intelligence. One of the first ofapproximately 7S million baby
the more practical boomers will begin to retire. This is the
ones I learned from first generation that has contributed fully
my rich dad is, to Social Security and Medicare. The
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"Intelligen~e is the
ability to solve There are two more problems: Since
problems." we do not teach much about money in
- Robfnt 7) Kiyosaki schools, many of those 75 million do not
~~li1•••••••• ~~''~ ; know what a Ponzi scheme it is. Secondly,
since most did contribute fully, they
deserve to be paid. But ifeach (of the 75 million baby boomers) begins to
collect just $1,000 a month in Social Security and Medicare benefits, the
total added to the u.s. government's payroll is $75 billion a month. This is
similar to the cost of one Hurricane Katrina or one Iraq War - every
month. The good news is you still have time to prepare and avoid becoming
a victim ofthe coming financial hurricanes ... but not much time.
In Sunday School, I was taught:
Give aperson afish andyoufeed himfor a day. And that is what we
as a nation have been doing. This is the entitlement mentality of
Social Security and Medicare.
Teachaperson tofish andyoufeedhimfor life. This is what Donald
and I have been doing. We want people to learn to be rich and teach
others to be rich.
In Teach To Be Rich, a product I created to assist our CASHFLOW
Clubs in teaching others to be rich, I talk about how some people do not
want to give people fish or teach others to fish ... instead they sell people
WHY WE W~~J You Tg B:~E..:.:Rt~C::.:..H:..-. .......__............. ......_
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