What Schools Will Never Teach You About Money By Robert T. Kiyosaki


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Explanation
Your true unfair advantage is to use your financial education to be 
generous. Use your financial education to solve your own financial 
challenges and the financial challenges of others.
Remember: Teaching people to fish—rather than giving people fish—
can create real change. 
Unfortunately, rather than teach people to fish, our schools bring in 
people who sell fish. They bring in bankers and financial planners who 
sell fish rather than teach people to fish.
It disturbs me to hear financial planners, stockbrokers, real estate 
brokers, and insurance sales people dishing out sales pitches disguised 
as financial education. They are selling fish, a “sel-fish” approach to 
making money under the guise of education.
Rather than be selfish, and sell fish to naïve people, use your financial 
education to be generous.
If you expect the government to solve your problems, you have a 
problem. The problem is that the governments of the world are broke.
Rather than be the problem, become part of the solution: Become 
a true capitalist, focusing on giving more to receive more. The days of 
expecting to be paid more for doing less are over.
Don’t get me wrong. There is nothing wrong with having socialist 
ideals. We need people who care about others. But when you believe in 
a “free lunch,” socialism turns to greed. And, as you know, the world is 
filled with greedy people, both socialists and capitalists.
Your true unfair advantage is to become financially educated so
that you can become part of the solution rather than contribute to
the problem.
Remember, a true capitalist focuses on doing more with less.
That means better products at better prices. In a true environment
of capitalism, prices come down as productivity goes up.
A Broken System
In my opinion, one of the bigger problems we face is our 
educational system. It is a system that still promotes earning more 
money for less work. Most teachers focus on job security and tenure, 
instead of how to teach more students with less of an investment.
Already, the best teachers are becoming rich because they are, first, 
better teachers and, second, using technology to teach more students. 
The Chinese have arrived in the global marketplace and they know 
they must produce a better product at a better price, or unemployment 
will skyrocket as it has in the West. If the Western countries are to 
survive, we must get back to true capitalist values, the philosophy of 
doing more for less.
Unfortunately, the leaders in the West are primarily smart students 
who did well in school. The problem is that most smart students are 
trained in a socialist environment. Since most have limited financial
or true business training, they leave school unprepared to lead in the 
real world.


Bonus FAQs
Unfair Advantage
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Those who follow socialist and fascist dogma will continue to live in a 
world of scarcity… a world of lower wages, higher taxes and inflation, 
allowing their wealth to be stolen via fees and expenses by the very 
people to whom they entrust their wealth.
Conversely, life will grow easier for those who follow the three
Laws of Compensation:
1. Give more to receive more.
2. Learn to give more, on the B and I side.
3. Leverage the power of compounding knowledge.
Not only will life be more abundant, but the government will offer 
you tax breaks, banks will loan you money to buy your assets, and
Wall Street will raise money for entrepreneurs in the B quadrant. 
Why are socialists and fascists so generous to capitalists? The answer is: 
They need capitalists. Without capitalists, socialists and fascists would 
be attacked by angry, hungry, out-of-work mobs.
Your financial education can give you an unfair advantage by 
preventing you from becoming a victim of the power play between
the workers and the leaders.
Rather than be trapped between protesting workers and politicians, 
just focus on true capitalism.
Learn more so you can do more. Focus on doing more with less,
and enriching the lives of others.

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