Blog | Personal Finance
12 Must Read Rich Dad Blog Posts from 2018
See why these were shared over 54,000 times on Facebook last year
January 01, 2019
Another year has come and passed, and 2018 is in the books. And this year is one for the record books—literally—with the stock market setting records, and then falling to its lowest point since October 2017. And bitcoin blowing up and then imploding. What a difference a year can make.
Each week, I write on our blog my thoughts on the current events and news happen-ing in the money world. My hope is to pass on what my rich dad passed on to me—financial knowledge and intelligence. Below you’ll find twelve of my favorite pieces we published during 2018. Consider it a year in review and a kickstart for the new one.
This year the 401(k) turned forty years old, which makes it a pretty old scam at this point. Rather than help middle class Americans, the 401(k) has set us up for a financial disaster. But the banks don’t care because these plans are lining their pockets each month. Learn why your 401(k) is robbing you.
There’s no shortage of opinions on what good education looks like. Most people think it’s compliant kids dutifully doing their homework, being seen and not heard. But science tells us otherwise. Play, it turns out, is the key to long-term learning. So, let your inner kiddo out.
Most people spend their lives trying to climb the corporate ladder and get that high paying job. But as the founders of Instagram and WhatsApp learned, when you don’t own your company, someone else owns you. Being a high-paid employee just isn’t worth it.
What kind of mindset do you want to cultivate in kids? Schools seem to be hell bent on raising good, little employees who listen well, don’t challenge the status quo, and don’t take risks. The rich teach their kids differently. In this post, I explore how the rich raise their kids to think like entrepreneurs—and how you can too.
Most couples don’t like to talk about money. Perhaps it’s because it’s the topic that drives most couples apart. But a healthy relationship requires being open and honest about money and your relationships with it. There are three key questions that Kim and I answer together frequently that help keep our relationship with each other—and money—healthy and moving forward.
Have you ever read an article by a so-called financial expert and thought, “What the heck were they talking about?” Here’s the kicker…they do that on purpose. Why? Because they want to prey on those with low financial intelligence so they can keep collecting the fees that line their pockets with gold. Learn how the financial industry manipulates its way to wealth.
What do Ray Kroc, the founder of McDonald’s, and Starbucks have in common? They both knew how to find the business behind their business—and multiply their wealth many times over in the process. See why there’s more than meets the eye to building a profitable business.
How is it you can make $500K a year and have barely anything left at the end? Poor financial intelligence, for one. Sharing the story of a power couple in New York City who can’t live on $500K a year, I show how time and time again having money does not make someone rich—and what does.
There is no shortage of doomsday predictions about how robots will kill millions of jobs, sending the world into poverty. But there is one skillset that robots will never be able to replace. Find out how you can thrive while others struggle to survive in a world of AI and automation.
I’ve often talked about the concept of paying yourself first to get rich. But it doesn’t have to be just about money. You can pay yourself first with your time as well, and the results can be life changing.
What do you think the biggest determining factor is in being financially successful? Believe it or not, it’s the company you keep. See why the rich teach their kids to choose their friends carefully.
Every once in a while, I get a little prophetic. In January, Bitcoin was soaring high with 1000% gains for investors. Everyone was talking about it. I was skeptical. Especially when I heard people were borrowing money to invest (which is really just a gamble). So, I wanted to remind people of the Rich Dad fundamentals. I hope they listened because from there it fell from around $20K to just over $3K. Perhaps it’s time to refresh your memory too.
Original publish date:
January 01, 2019