Comments on: Rich Dad, Poor Dad…Owning Your Family History

By: Jared|Speakwealthnow

Jared|Speakwealthnow — Sat, 28 Feb 2009 15:01:10 +0000

Sadly, I’m currently making my own philosophy not from my parents but from those that I don’t even know personally. See, both my parents (like your mom) are very good with budgeting money. So good that pursuing a higher level of financial status is not of their concern. They’re stagnant as to where they are right now. As for me, I want to pursue more, to remain optimistic and take advantage of the opportunities around me.

By: Posts That Motivate and Inspire Week #3 | The Passive Dad

Posts That Motivate and Inspire Week #3 | The Passive Dad — Tue, 09 Sep 2008 20:10:38 +0000

[...] Happy Rock wrote Rich Dad, Poor Dad…Owning Your Family History and asks the question of who shaped your spending and savings outlook? Was it your parents, a [...]

By: Thinking About Financial Influences — Twelve Spaces

Thinking About Financial Influences — Twelve Spaces — Thu, 04 Sep 2008 03:36:43 +0000

[...] heading to bed yesterday evening I read a blog post about the financial influence of one individual from their parents and the confusion it has caused. Growing up in a single [...]

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[...] The Happy Rock has an interesting take on Rich Dad, Poor Dad. [...]

By: John (Debt Defier)

John (Debt Defier) — Thu, 21 Aug 2008 17:26:00 +0000

Thanks for the comments, I’m glad you liked this post.

@First Creditor – LOL My Dad always wanted to breed dogs too (Chinese Sharpies). He ended up trying to breed Boa Constrictors, but the only thing he bred were rats (snake food).

Congrats on the rental, and good luck finding the next thing.

@Nicole – I think your last line is good advice for everyone.

@Sid – Sounds like you had a couple of great examples to learn from.

@fern – Interesting how our stories are similar but different.

@M3 – I loved the comparison of your parents to watches.

@Scott – Aren’t grandparents wonderful things I’m glad you liked my post. Thanks for including it in the inspire & motivate list.

@ GP Garry – Good for you doing something you like. I’m SUPER jealous!

@JBO – “Lives to work” is exactly how my Mom could be described. When asked what she’d like to do on vacation, she said yard-work

You are correct that there is a fine line between balance and obsession.

By: JBO

JBO — Thu, 21 Aug 2008 07:40:31 +0000

Great post! – I like to think I am driven to succeed with business although there is a very fine line between being drive, and making it your whole life. It sounds like your mom has dedicated her whole life to business and lives to work – not works to live?

To succeed in any business I think you do have to work really hard and I can see how doing that for a period of time can suck you in to that cycle which for some, is hard to break.

I like to try and balance it but mostly it’s either more work or more play depending on my mood of the time – I guess for now, that works for me!

By: GP Garry

GP Garry — Thu, 21 Aug 2008 00:26:46 +0000

This is an awesome post, I cam see a lot of parallels in it to events in my life and that of my family…I am now doing something that I like to do after not finding that throughout my life, and hopefully, it will pay off. Thanks for the great post!

By: Scott @ The Passive Dad

Scott @ The Passive Dad — Wed, 20 Aug 2008 21:56:01 +0000

I think you just saved me some therapy as well I love reflecting back on the past and think my spending/saving philosophy came directly from my grandparents. My grandma was a saver and investor and always stressed the importance of finding the best deals and putting money aside for a rainy day.

I really enjoyed reading your post and will include this on “Post that motivate and inspire” this week.

By: M3

M3 — Wed, 20 Aug 2008 18:03:13 +0000

Hmmm…what an awesome post! My mother’s first divorce came when I was three, then she married my “dad”, who adopted me, and they divorced when I was 17. I’ve never thought about the messages separately, but they are very different. My dad plugs away at life (he’s a Timex!) and loyal to a fault, and ends up with a lot of nice things, but isn’t very generous with them. He is a rock who is the same now as he was then. My mom is dramatic and cares about “current” and “in” (She’s a quality knock-off of a diamond encrusted Rolex). She is a “see and be seen” person who redefines herself with every man and every era and cares how things look to other people, which means out with the old and in with the new–be it people, things, or fashions. She’s very generous in a “Lady Bountiful” kind of way. So, how did that shape me? I work hard for our life, but I like more color and flair than my dad. Stability matters more to me than it does to my mom. I’m optimistic, so I have found my way into debt more than I should (isn’t debt just faith you’ll be able to pay it off sometime?). I recognize appearances don’t tell the whole story. I guess I fall somewhere between the two…I need to think more on it. Thanks for the awesome post!

By: fern

fern — Tue, 19 Aug 2008 19:52:40 +0000

what an interesting description of the differences between your parents. In my case, it was just the opposite. My parents divorced when i was 6, but my dad still argued with my mother when i went to college; he wanted me to major in something practical, that would lead to a good job, while my mother urged me to pursue what interested me. I ended up majoring in anthropology, which had absolutely no bearing on my career path, but what did i know as a 19-yr-old?

i was an avid reader in childhood and blessed with an ability to write, so that’s what i’ve done these past 30 years in a variety of business settings and including marketing, advertising, PR, you name it.

Still, growing up with mom, we never had enough money, so i learned how to save money early on. Those habits have lasted me in good stead.