how the middle class handle money problems

Do you see yourself in this situation?

While the poor are the victims of money, the middle class are prisoners of money. In describing the middle class, rich dad said, "The middle class solve their money problems different. Instead of solving the money problem, they think they can outsmart their money problems.

The middle class will spend money to go to school, so they can get a secure job. Most are smart enough to earn money and put up a firewall, a buffer zone, between them and their money problems. They buy a house, commute to work, play it safe, climb the corporate ladder, and save for retirement by buying stocks, bonds, and mutual funds. They believe their academic and professional education is enough to insulate them from the cruel, harsh world of money.

"At the age of fifty," said rich dad, "many middle-aged people discover that they are a prisoner in their own office. Many are valued employees. They have experience. They earn enough money, and have enough job security. Yet deep down they know they are trapped financially, and they lack the financial intelligence to escape from their office prison. They look forward to surviving fifteen more years when, at age sixty-five, they can retire and then begin to live, on a leaner budget, of course."

Rich dad said, "The middle class think they outsmart their money problems by being smart academically and professionally. Most lack financial education, which is why most tend to value financial security rather than take on financial challenges. Instead of becoming entrepreneurs, they work for entrepreneurs. Instead of investing, they turn their money over to financial experts to manage their money. Instead of increasing their financial IQ, they stay busy, hiding in their offices."

If your Plan A is to get educated and obtain a professional career such as becoming a doctor, lawyer, or investment banker do you have a Plan B or even C? In uncertain economic times like today where job security no longer exists for both blue and white collar careers, financial guru Robert Kiyosaki makes a strong case for those in the middle class to become financially intelligent as soon as possible so that they do not get "trapped in their offices" later in life - that is if they still are fortunate enough to have an office to work in by then.

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