Money Problems

“The money problems of the poor are:
1. Not having enough money.
2. Using credit to supplement money shortages.
3. The rising cost of living.
4. Paying more in taxes the more they make.
5. Fear of emergencies.
6. Bad financial advice.
7. Not enough retirement money.

The money problems of the rich are:
1. Having too much money.
2. Needing to keep it safe and invested.
3. Not knowing whether people like them, or their money.
4. Needing smarter financial advisors.
5. Raising spoiled kids.
6. Estate and inheritance planning.
7. Excessive government taxes.”

Excerpt From: Robert T. Kiyosaki. “Rich Dad’s Increase Your Financial IQ: Get Smarter with Your Money.”