Chapter Seven: Overcoming Obstacles
“Well, most people let the bullies
kick sand in their faces. I decided to
use the fear of the bully to make me
stronger. Others get weaker. Forcing
myself to think about how to make
extra money is like going to the gym and working out with weights. The
more I work my mental money muscles out, the stronger I get. Now I’m
not afraid of those bullies.”
I liked what rich dad was saying. “So if I pay myself first, I get
financially stronger, mentally and fiscally.”
Rich dad nodded.
“And if I pay myself last, or not at all, I get weaker. So people like
bosses, managers, tax collectors, bill collectors, and landlords push me
around all my life—just because I don’t have good money habits.”
Rich dad nodded. “Just like the 98-pound weakling.”Overcoming Arrogance
“What I know makes me money. What I don’t know loses me
money. Every time I have been arrogant, I have lost money. Because
when I’m arrogant, I truly believe that what I don’t know is not
important,” rich dad would often tell me.
I have found that many people use arrogance to try to hide their own
ignorance. It often happens when I am discussing financial statements
with accountants or even other investors.
They try to bluster their way through the discussion. It is clear to me
that they don’t know what they’re talking about. They’re not lying, but
they are not telling the truth.
There are many people in the world of money, finances, and
investments who have absolutely no idea what they’re talking about.
Most people in the money industry are just spouting off sales pitches
like used-car salesmen. When you know you are ignorant in a subject,
start educating yourself by finding an expert in the field or a book on
the subject.If I pay myself first,
I get financially stronger,
mentally and fiscally.