My Dad

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Jim Broadbent as Arthur and Matthew Beard as the young Blake Morrison in the film version of And When Did You Last See Your Father? (2007) Most people say they’re too busy to focus on their wealth and health, but really they’re avoiding it.

ALEX BRUMMER: Central banks are finally pulling their punches amid signs the inflation tide may be turning The biggest fear for aging Americans is running out of money before they die. When you add up health costs and long-term nursing home care, it’s quite likely that the average American will run out of money during their retirement. The main lesson he taught in the office that day was that Robert could either end up like his employees who blame others for his problems, or he could take another path and become a wealthy man. Robert said this was also true for him in real estate. He said he could find about four to five excellent properties a day, whereas others may look and find none.

It’s not gambling if you know what you’re doing. It’s gambling if you’re just throwing money into a deal and praying.” Robert Kiyosaki shares, “Most people never win because they’re more afraid of losing. That is why I found school so silly. In school, we learn that mistakes are bad, and we are punished for making them. Yet if you look at the way humans are designed to learn, we learn by making mistakes. We learn to walk by falling down. If we never fell down, we would never walk.” Print off the game sheet onto paper or card. Cut into individual cards. Read the word cards to your child and match with the pictures together. Then muddle them up and see if your child can read the word cards themselves, helping them if they need you to (by for example matching with the words in the book) and then pairing with the pictures. Make a book With every dollar we receive, we choose whether we become: rich, poor, or the middle class. However, you need to train your children to know how to manage your assets. Otherwise, they’ll be lost in the next generation.

The problem with ‘secure’ investments is that they are often sanitized, that is, made so safe that the gains are less.” The key to financial freedom and great wealth is a person’s ability to convert earned income into passive and/or portfolio income.”Don’t dip into your savings when pressure builds. Use the pressure to find new ways of making more money.

After a couple of weeks doing excruciatingly boring work, Robert told Mike that he wanted to quit. This response is what Mike’s dad was hoping for.The world has many successful and talented people: doctors, lawyers, dentists. And still, they struggle financially. But as a wise business consultant once said, “They are one skill away from great wealth.” If you took your skillset and paired it with financial intelligence, accounting, investing, marketing, or law, you could achieve great wealth. Many of my favourite childhood books, I soon realised, had no fathers, or fathers who were unimportant: Tintin, Doctor Dolittle and The Lord of the Rings, for instance. I did like the way Babar the Elephant played with his children, and the devotion shown by Dr Seuss’s Horton, another elephant, to the business of hatching a bird’s egg. But other near-perfect fathers, like Atticus Finch and Bob Cratchit, seemed a little insipid. Sluggish summer trading fails to rattle Next: retail powerhouse posts fourth profit upgrade in six months While most people assume that Ray Kroc, the founder of McDonald’s, is in the hamburger business, Kroc once told an MBA class that he’s actually in the real estate business. That’s why he carefully chose every location for his franchises. Today, McDonald’s owns more real estate than any other organization in the world –even the Catholic church. This picture book is wonderful to share with children as there is so much to look at, discuss and wonder at.

Robert Kiyosaki’s poor dad suggested that the two learn how to make money from Mike’s dad (Robert Kiyosaki’s rich dad). Poor dad had heard from his banker how good the rich dad is at making money. Mike arranged a meeting time, and the two began their lessons. This is a fantastic video introducing Anthony Browne and I recommend it if you aren’t familiar with his books. At 8 mins 50 seconds he also talks about the dressing gown and how it inspired his writing.Share the story Read aloud Before you start reading the book aloud look at the cover, what might this dad be doing? Can you make that face too? Read the story aloud to your child, taking time to talk about the pictures as you do when your child would like to. Talk about the book Talk about anything your child is puzzled by, this may be phrases such as ‘daft as a brush’ or the very strange things happening in the pictures, eg tartan toast, dad always in his dressing gown, dad with the head of an owl or turned into a fish. Children might notice the fairy tale and nursery rhyme characters in two of the illustrations: Hey Diddle Diddle (see link to a video version of this below) and Red Riding Hood Watch the story During an interview with a journalist, Robert Kiyosaki learned that the journalist strived to become a best-selling author. He realized she was a great writer and that she should pursue that. She told him that she had tried, but no one was interested. He accidentally offended her when he told her to take a sales course so she could promote herself. She became defensive. Losers are defeated by loss. Winners are inspired by loss. You can still hate losing without being afraid of it.