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The definition of wealth according to the author of "Rich Father, Poor Father"

1/14/2015

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What is wealth? Some people say that this is an amount of money, others insist that being able to afford the necessities of life, and still others say that true wealth has nothing to do with the money.

Robert Kiyosaki, and multi-book author of Personal Finance "Rich Father, Poor Father" or in English "Rich Dad, Poor Dad" has its own point of view.

In his latest book, "Second Chance: For Your Money, Your Life, And Our World," defined wealth as having the ability to survive without having to go to work.

"Father rich wealth defined by asking, 'If you stop working, how long can you survive?'" Kiyosaki writes.

He compares this approach to that of the inventor and theorist Bucky Fuller, who said wealth was "the ability to survive X number of days ahead."

In other words, Kiyosaki says that wealth is a matter of endurance: How long your money can keep you afloat?

Kiyosaki, whose fortune is estimated at approximately $ 80 million provides a definition of wealth that excludes any individual living wage salary, regardless of the level of monthly or annual salary. In fact, his definition puts more weight on the money you have saved for tomorrow - whether for retirement, emergencies or events and major purchases.

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