Enhancing my knowledge
So I’ve been trying to read more lately. When I was younger, reading was a passion of mine. Partly because I was yet again the “new kid” at school in small-town Renfrew, Ontario. I moved mid-year from Sarnia to Renfrew in Grade 6 and attended Central Public School. I was able to escape my loneliness by walking to the local library and I frequented the children’s section where I read a lot of children’s series books.
Since the advent of the home computer – my attention was grabbed by computers, soon my Commodore VIC 20, a gaming system (Atari 2600) and reading started to fall by the wayside. My Owl magazine subscription was the only thing left that I read for run, and of course I re-read books bought through Scholastic’s book order program.
These days learning about Real Estate Investing has lead me to start to read more and more books. Currently I’m reading “Rich Dad Poor Dad” by Robert Kiyosaki and just like everyone who reads it says, I wish I had read the book 20 years ago. This book has definately changed the way I think about earning money and how to make money work for me. Now the challenge will be to take what’s in the book and turn it into actionable steps and repeatable steps that I can demonstrate in action for my son.
My son is not a reader but does do well at learning things he sees and does learn by doing, so I’m going to try to do things I read about to show him what can be done and if all goes well, then he can continue to grow what everyone is calling generational wealth.
I don’t come from a wealthy family, but I never wanted for anything – my family gave me things and experiences that were very valuable along the way. I’ve spent most of my life trying to figure out how those other folks do it, be able to travel whenever they want, seem to have unending limits to spending and really I never caught on. See I was brought up in the society of you need to work hard and get a good job and have a good pension. Funny thing is only 1 company I ever worked for had a pension plan and it really wasn’t that special.
Getting back to the book, he contrasts as a boy growing up the way his “2 dads” (his and his best friend’s dad) are very different and look at money differently. I hope that my son will learn from me in both what to do and what not to do and learn from mistakes that I will invariably make.
Money needs to work for you, not you working for money.
I’ll come back later and add thoughts, but for now I have to finish my reading.