Eureka - Personal Finance

September 22, 2022

Part One: Scriptures about Money

• Each student needs to find one scripture (or a scripture story) about money. Come prepared to share that scripture and what it means. Remember, there are over 2,000 scriptures about money in the Bible alone! 

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Part Two: Rich Dad, Poor Dad

If you have not ordered a copy of Rich Dad, Poor Dad, please do that right away. If you don't have a copy yet get the 25th anniversary edition, but the 20th anniversary edition will work as well. The original version does not have all the material you need.

If you are listening on Audible get the 20th anniversary edition.

You might also be able to find it at your local library.

For this week's assignment, please read:

• Introduction: Rich Dad, Poor Dad
• Chapter One: The Rich Don't Work for Money
• Study Session Chapter One

These chapters will introduce you to Kiyosaki's story and the lessons he learned from his real father (his poor dad), and his best friend's father (his rich dad).

Choose two questions from the "Additional Questions" section of the book and answer them. Be prepared to discuss what you read about and the lessons you learned. We will spend time talking about how you can apply what you learned.

If you have an older version of the book you will not have the Additional Questions. Here they are:

Chapter One: Lesson One: Additional Questions

Now it’s time to take the stories in this chapter along with the understanding of what Robert was saying and apply them to you and your life. Ask yourself the questions below and discuss them with your study partner. Be honest with yourself and your partner. If you do not like some of the answers you are giving, ask yourself if you are willing to change and accept the challenge to change your thoughts and mindset:

1.     How common is the approach to money taken by Robert’s poor dad?

2.     Robert’s rich dad said true learning takes energy, passion, and a burning desire. What are examples of when this has proven true in your life? What’s one lesson you never forgot, and why?

3.     Would the pay rate of 10 cents an hour – and then nothing an hour – have stirred in you the same reaction as Robert?

4.     Is the temptation strong to think that more money will soothe that fear? Why is that such a common reaction?

5.     What’s an example from your life when you reacted with your emotions? What’s a time when you were able to observe your emotions instead and choose your thoughts?

6.     Are the rich or the poor more susceptible to those controlling emotions of fear and greed? Why do you think that is?

7.     Do you think most people realize they are stuck in the Rat Race? Why or why not?

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Part 3: CA$HFLOW Board Game

For the final part of this week's class we will split into groups and play CA$HFLOW the board game. If your family has the game, please bring it with you. The more games we have the smaller the groups will be, and the faster the game will go.