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I Have A Confession… I Used to Make “Fake” Money. One day, when I was a little kid, I
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I Have A Confession⦠I Used to Make âFakeâ Money.
One day, when I was a little kid, I went up to my Poor Dad and said, "I finally figured out what I want to do for the rest of my life. I want to be rich⦠How do I become rich, Dad?â
âThe rich know how to make money,â he replied. Hmm⦠âMake moneyâ I thought. I knew how to make other things. Why not money? That gave me an idea. I raced off to get the help of my classmate, Michael.
I made him my first business partner at age 9.
After school, we ran around our neighborhood in Hawaii and collected Crest toothpaste tubes.
This was back in the 1950s, when Crest toothpaste tubes were made of lead. (Stay with me here.)
Michael and I collected and began melting them down...
Next, we made molds of U.S. coins out of plaster. Soon, we were pouring the lead into the molds popping out our own homemade âquartersâ. I was going to be rich!
Not too long after, my dad arrived with one of his school teacher friends.
He stared at our operation and demanded to know what we were doing.
I thought it was obvious. âWhat you told us. We're making money!â
His friend burst out laughing. But my dad didnât seem to find it all that funny.
Thatâs how I found out what the words "counterfeiting money" meant.
It was confusing to me that the government could make their own money, but that it was illegal for us to make our own. It seemed unfair that they could, but we couldnât.
Now, all these years later, I think back on that story and laugh, but it was a key moment in my life.
It was my first step from moving out of the Employee quadrant and into the Investing quadrant. And I wasnât even an employee yet, but thatâs the direction my life was headed.
Today, investing has changed⦠become easier.
The invention of the Internet has made it so we can invest from home, twenty-four hours a day. We can make trades or do research or spend our time getting educated.
By becoming an investor youâ¦
- Become your own boss. Or better said, be the boss of your money. Your money is the thing working for you, Itâs your employee.
- You are able to gain more financial freedom
- And my favorite part⦠you are able to get more TIME freedom
To creating your opportunity,
[Signature]
- Robert Kiyosaki
---------------------------------------------------------------
[Rich Dad]
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