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

Repeating earlier material in this chapter:
1. The harder you work for money, the more you pay in taxes.
2. The harder your money works for you, the less you pay in taxes.
3. The harder other people’s money works for you, the less you pay
in taxes. In fact, you may pay nothing, zero, zip, nada, in taxes.
Without financial education, most people work for ordinary income, 
and so does their money in savings and traditional retirement plans. They 
pay the highest taxes possible on their labor and their money.
With a little financial education, at least their money (savings and 
retirement plan) could work for portfolio or passive income, income that 
is taxed at lower rates.
As you know, there are crooks and tax cheats in all quadrants. Don’t 
be one of them. It is too easy to have great advisors and play by the 
rules—the rules of the rich in the B and I quadrants.
Different quadrants attract different people, generally people with the 
same values and attitudes. People in different quadrants also speak a 
different dialect, even though it is the same language. For example, 
employees often say, “I deserve a raise,” or “I want more flexible 
hours.” A self-employed person might say, “I can’t find good help,” or 
“I’m the best.” An entrepreneur in the B quadrant might say, “I need a 
new president,” and “How do we raise the capital to finance the
new project?”
One way to meet like-minded people is to attend classes or seminars, 
join clubs, or simply study and learn a new vocabulary. Soon you will 
meet new friends.
Exercise: 
List the six people, outside of work and family, with whom you 
spend the most time and then determine which quadrant they are in. Since 
friends are mirrors, this should give you a reflection of yourself.
This does not mean you should dump your old friends, of course. It 
means you should meet new people and expand your world if you 
want to change your life.