BE A WISE REAL ESTATE INVESTOR
Home » Real Estate Investing » The Reason I Must Be Rich Is Because I Have Kids – A Father’s Day Reflection

The Reason I Must Be Rich Is Because I Have Kids – A Father’s Day Reflection

As we celebrate and greet all fathers out there a Happy Father’s Day today, let’s see an example of how fathers can look at having children very differently.

In his book Rich Dad Poor Dad, Robert Kiyosaki narrated how his two dads’ way of thinking were worlds apart. His Poor Dad, who was actually his biological father, said “The reason I’m not rich is because I have kids.”. On the other hand, his Rich Dad, who was really the father of his best friend Mike, said “The reason I must be rich is because I have kids”.

happy-fathers-day-2

If you are a father, which would your rather be?

Blaming others versus being proactive

Think about it for a moment. The Poor Dad was blaming his having kids as the reason he is not rich. Maybe he thinks that because of his kids, he has a lot more expenses, and he can’t save enough money he can use to invest in real estate for example. Maybe he thinks that he has no time left for real estate investing because he has to do his part to take care of his kids, which obviously takes a lot of time.

Rather than taking control of his life, he blames others.

The Rich Dad was totally different. I have a feeling he believes his kids are his inspiration to be the best dad he could be. He loves them so much that he wants only the best for them, and instead of blaming them, they have become the “big enough why” that fuels his passion to become truly rich and financially free. Without this, even one knew how to be rich, it won’t be sustainable.

He was proactive and took charge of his life.

Which would you rather be?

Why I’m glad I have read Rich Dad Poor Dad

At one point in my life, I too felt that I was trapped in the rat race because I became a dad. I felt I had no choice but to face reality that being stuck in the rat race is something that comes with being a father. I believe I had this feeling barely four months after my son was born way back in 2005, and It was just a month after I accepted a job in another company.

The pay was good, but I had to travel to Bauan Batangas almost every other day, and then I had to head back to the office in Makati in the evening. Keep in mind that after all of this, I had to drive home to Provident Village in Marikina back then.

Later on, my staff introduced me to the book Rich Dad Poor Dad, and after reading chapter one, I knew that I was not really trapped in the rat race. I realized that I should never blame my being a father if I was stuck doing something I would rather not.

From that point on-wards, I knew that I always have a choice. It was really up to me to make that choice, which I did.

Now I just have to teach my son CJ what it means to be a Rich dad who is truly rich, so that he himself can become one when he grows up and becomes a father, maybe in 25 years (my wife insists that should be at least 30 years from now) . 🙂

I believe the best way is to lead by example.

Happy Father's Day greeting card cover from my son CJ
A Happy Father’s Day greeting card from my son CJ (here’s the cover)
Happy Father's Day greeting card contents from my son CJ
A Happy Father’s Day greeting card from my son CJ (here’s what he wrote inside)

Happy Father’s Day!

To our success and financial freedom!

Jay Castillo

Real Estate Investor
PRC Real Estate Broker Registration No. 3194
Blog: https://www.foreclosurephilippines.com
Follow me in Twitter: http://twitter.com/jay_castillo
Find us in Facebook: Foreclosure Investing Philippines Facebook Page

Text by Jay Castillo and Cherry Castillo. Copyright © 2011 All rights reserved.

Full disclosure: Nothing to disclose.

Photo of author
About Jay Castillo
People encounter problems and make mistakes when buying foreclosed properties, and Jay wants to help people avoid those problems/ mistakes. Jay encountered a lot of those, which is why he started this blog in 2008 to serve as a guide where he shares lessons learned, and how to overcome challenges you may encounter when investing foreclosed properties in the Philippines … [Read more]
FREE CHECKLIST: IDENTIFY AND AVOID PROBLEMATIC FORECLOSED PROPERTIES BY DOING PROPER DUE DILIGENCE!
Avoid losing money, wasted time and effort caused by buying foreclosed properties that have too many problems, with our free 60-item Property Due Diligence Checklist. Grab your free copy now.

Leave a Comment

13 thoughts on “The Reason I Must Be Rich Is Because I Have Kids – A Father’s Day Reflection”

  1. Belated Happy Father’s Day, Jay! Thanks for sharing this wonderful reflection – a reflection of a responsible parent. I too had the same feeling as the poor dad and the rest of typical parents. In my case, it was Bo’s “How to be Truly Rich Seminar” that caused a paradigm shift in me and helped me realize that it’s possible to become financially and spiritually RICH at the same time. It also led me to read the great book “Rich Dad Poor Dad” and great blogs, Jay Castillos’ blogs. God bless you more Jay because you have been a blessing to us.

    Reply
  2. Happy Father’s Day!
    Our children are our greatest inspirations to pursue our dreams! Together with my wife, who supported me through thick and thin, we were able to bring our first 2 kids across college. We did experience a lot of hardships, in terms of financial and emotional stress. Now, we see our kids working and they have seen how real hard work makes everything worthwhile. I’m left with 2 more kids, 1 is 2nd year college, the other a special child. We feel that God has blessed our family even more!
    May all the fathers receive more blessings from our Lord!

    Reply
  3. Happy Father’s Day Jay! This is a nice reflection of a father. I also had the same feeling as the poor dad in the early years of my fatherhood. I thank God for leading me to Bo’s book 8 Secrets of the Truly Rich which led me to read other great book like Rich Dad Poor Dad and helped me change my mindset on becoming rich. God bless you more Jay!

    Reply
Share

Did you miss buying a foreclosed property because it was too late when you saw the listing/ auction schedule?

Here's the solution...

DON'T BE THE LAST TO KNOW!

GET UPDATES FOR FORECLOSED PROPERTIES VIA EMAIL

Join over 100,000 smart real estate investors who receive

updated foreclosed property listings, auction schedules,

and real estate investing tips via email, it's free!

No thanks / Already subscribed
x
We take privacy seriously and we'll never spam you.
Please refer to our Privacy Policy

X
I'm looking for foreclosed properties in...


Looking for an article?
Click here to search the blog
Share