Rich Dad Poor Dad For Teens: Part 2

One of the most important things I learned as a kid was...

• how to manipulate people.

• how to slip my dogs food under the table.

• when you play a game, you've got to know the rules, because the rules define how to succeed at the game.

• how to save money.

How did the author and his friend Mike try to make money when they were kids?

• Collecting cans from the neighborhood

• Melting down lead toothpaste tubes.

• Mowing people's yards.

• Playing music on the street.

What you think is what you get. Is this statement true or false?

• True

• False

• Nacho business.

• What you taco about?

The quiz on p. 36 asks, Are you a team player? What score did you get and what does it mean?

Money is an illusion. Is this statement true or false?

• True

• False

What business did the Author and Mike start earning money on, even when they weren't there?

• A restaurant.

• A comic book library.

• An arcade.

• A lemonade stand.

What are the 3 types of income?

• Earned Income.

• Work Income.

• Passive Income.

• Portfolio Income.

What did Rich Dad tell the boys was the most important thing to remember?

• How to read the stock market.

• The dollar amount in your bank account.

• The phone number of their banker.

• Know the difference between an asset and a liability and acquire assets.

Out of the 3 types of income, which type of Income has the highest taxes?

• Earned Income

• Passive Income

• Portfolio Income

• Work Income

A financial statement is

• Made up of 2 parts: an income statement and a balance sheet.

• A snapshot of your financial situation at any given moment.

• Shows the relationship between what you have and what you owe.

• All of the above