Free Book Summary : Why We Want You to be Rich This article is based on the following book: Two Men, One Message By Donald Trumps and Robert Kiyosaki Published by RichPress; USA, 2006 ISBN 1-933914-02-5 345 pages

The Big Idea
America’s middle class is disappearing. Today, if you are middle class, you either need to become rich, or you are in danger of suddenly becoming poor. That’s because the US economy is at risk: the dollar is falling, jobs and industries are being exported abroad, wages are decreasing, oil prices are rising, and Social Security and Medicaid are going bankrupt..  Today’s middle class are in danger of losing jobs, retirement pensions, Social Security, and Medicare, and the government cannot protect them. 

Donald J. Trump and Robert T. Kiyosaki wrote “Why We Want You To Be Rich” because they believe the solution lies in financial education – teaching people not only how to avoid being poor, but also how to become rich. By sharing their own success stories, Trump and Kiyosaki show how people can think, act and be rich.

A Mismanaged Economy
Poor financial management has made such benefit programs as Social Security and Medicaid unsustainable. The US also has 423 million dollar trade deficit and it is growing, meaning it is consuming more than it produces, just like a family that earns $5,000 a month but spends $6000. 

The Problem: Low Financial IQ
Most Americans, however, are poorly equipped to handle the crisis because of lack of financial education. When you have low financial intelligence or IQ, you keep doing the wrong thing and end up poorer than you are now. 

Bad Times Can Make You Rich
The first thing you need to realize is that you can turn the problem into an opportunity. People who are successful with money know that bad times can make you rich. Rising oil prices, for example, hurt the economy and many businesses, but not all businesses would suffer. In fact, in any economic crisis or problem, while some people would be badly affected, there are others who would get richer. 

Gain Leverage
The difference between rich, poor and middle class is leverage. Leverage is the ability to do more with less. If you want to become rich, you need to develop the greatest leverage of all – your mind. So you need to educate yourself financially. Don’t rely on financial experts, accountants and advisers to invest your money for you. Many financial experts have little financial training or experience.

Leverage can come in many forms. It can come from your thoughts. This means you have to stop thinking poor. Don’t say, I don’t have money, what can I invest?  Or it’s too risky, or I do not have a rich dad or inherited money to get me started so I cannot afford to take risks. 

The Two Things You Invest
There are only two things you can invest: time and money.  But most people invest only their money, not their time. As a result, they lose money.

Be Creative
Creativity makes you rich. Here are some examples of creative thinking:

1. If I were to save money or invest in bonds, it would be the bank that sets the interest rate. In real estate, there are many times I determine the amount of interest I can collect.
2. When it comes to income, I can increase or decrease my income with real estate or business as I see fit. With stocks, bonds and mutual funds, other people determine how much income I earn
3. When it comes to taxes, if I were to sell paper assets, I would have very little control over taxes. With real estate and business, I can control when I pay my taxes, if ever, and how much I pay. The tax laws are written to support re-investment into one’s business or real estate.
4. I can change the use of a property asset. For example, if I look at 10 acres of land as a farmer, I might be willing to pay $1,000 per acre. If I look at the same acres of land as a developer, I can change the zoning, which would make that same piece of land worth $10,000 per acre.
5. I can use my connections and “inside information” to trade a piece of property or a small business. If I use such inside information to trade a security, it may be illegal.
6. I can take a bad piece of property, add some decorative touches, such as paint, and increase the value of the property.

Formula For Attaining Great Wealth
The formula for attaining great wealth is summed up as follows:

1. Leverage
2. Control
3. Creativity
4. Expansion
5. Predictability

Why Do Some People Who Want To Be Rich Don’t?
There are many reasons why people fail to become rich. Some of these are: laziness, bad habits, lack of education, lack of experience, lack of guidance, bad attitude, bad influence from family and friends, lack of focus, lack of determination, and lack of courage.

Another important reason is the lack of an environment that supports a person to become rich. Thus, if you want to be rich, go to an environment where people are getting rich (like a real estate’s office or stockbroker’s office).

Donald J. Trump is the very definition of the American success story, continually setting the standards of excellence while expanding his interests in real estate, gaming, sports and entertainment. He is a graduate of the Wharton School of Finance and started his business career in an office he shared with his father.

Mr. Trump has authored seven books, all of which have become bestsellers. Trump World Magazine was launched in 2004, Trump University Online in 2005, and the Donald J. Trump licensing program currently includes men’s suits, dress shirts, neckwear, cuff links, watches, eyewear, and fragrance. In January of 2006, GoTrump.com, an online travel agency, made its debut.

Robert Kiyosaki, author of Rich Dad Poor Dad — USA Today’s #1 Money Book for two years running and the international runaway bestseller — is an investor, entrepreneur, and educator whose perspectives on money and investing fly in the face of conventional wisdom. He has, virtually single-handedly, challenged and changed the way tens of millions, around the world, think about money.

Prior to writing Rich Dad Poor Dad, Robert created the educational board game CASHFLOW® 101 to teach individuals the financial and investment strategies that his Rich Dad spent years teaching him. It was those same strategies that allowed Robert to retire at age 47. Today there are more than 1,600 CASHFLOW Clubs – game groups independent of The Rich Dad Company – in cities throughout the world.

Born and raised in Hawaii, Robert Kiyosaki is a fourth-generation Japanese-American. In 1994 Robert sold his business and, through his investments, was able to retire at the age of 47. During his short-lived retirement he wrote Rich Dad Poor Dad. In Robert’s words, “We go to school to learn to work hard for money. I write books and create products that teach people how to have money work hard for them.”

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