Rich Dad, Poor Dad. The book that changed my life at 25. It forever changed my perspective of money, how to manage money. I learned about assets and liabilities, of doodads and minding my own business. Robert Kiyosaki was at that point (and still is) my idol and mentor. He taught me, through his books (I have almost all in his collection – Cashflow Quadrant, Rich Dad’s Guide To Investing, the works) about how to make money work for me, so I don’t have to work hard.
Fast forward 5 years. Ok, six.
I’m stuck. In a rut which I pretty much got out of 5 years ago when I was younger, a-travelling, accumulating assets. What happened? I think, I got lost. I forgot the very words that Kiyosaki instilled in my stubborn veins – “doodads”, “assets”, “liabilities”. Credit card debt is up. Expenses are up. I earn a good amount, from both my fulltime job and freelancing. But never, never enough. Barely making ends meet.
Did I forget? Or did I chose to not see?
After reading “Rich Dad’s Guide to Becoming Rich…Without Cutting Up Your Credit Cards” recently, my wiser innerself has started to question and analyse all over again. Just like 5 years ago (ok, six). And from a little test I took a FIQ or Financial IQ, as Kiyosaki calls it, I know that I really have not ‘forgotten’.
Is the 91% really my FIQ or is it just because I’ve read so many of his books that I know the answers?
The ultimate question, I feel is – How in hell did I get myself into this rut, again? Aaargh. Whether through complacency, ignorance, laziness or stupidity, the damage is deep and serious. I’m digging deep, that’s for sure, for a way out. This vicious cycle of debt, lack of money, time.
I promise myself to get out, fast. It may take some time to recover, but I will. Change the mindset, the habits.
Damn you, Rat. I want out. Forever.