Rich Dad Poor Dad For Teens: Part 3

What is your ideal line of work? What careers do you think you would be interested in?

Work to..

(a)  

The Author worked for free at age 9 for Rich Dad. What concept did he learn from that?

• Organization by stocking the shelves.

• Exchange: you can have anything you want as long as you're willing to exchange something of value for what you want.

• Treating others fairly because he got cheated.

• How a business is structured.

Think about the skills you already have. Do you draw, play music or enjoy taking care of animals? What type of business could you start with your skills? Do you need new skills to do something you would enjoy?

Each state has different laws regarding how old you have to be to work. Go to the U.S. Department of Labor website (www.dol.gov). Click on Topics>Youth and Labor. Scroll down and select> Resources For Young Workers and then click on the link> What Hours Can Youth Work? How many hours on a non-school day are 14 and 15 year olds limited to?

• 3

• 18

• 8

• 40

The Author has 3 Piggy Banks. Each has a specific purpose. What are those purposes?

• Investments, Expenses, Taxes.

• Vacation, Rainy Day, Charity.

• Shopping, Dining, Savings.

• Charity, Savings, Investments.

Is there good debt and bad debt?

• True

• False

At what age did the Author retire?

• 65

• 62

• 47

• 37

The six people you spend the most time with are your future.

True or False?

• True

• False

Go to the Glossary and type in the definition of Passive Income.

(a)