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


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Starting with Nothing
The reason I started this book with the story of Kim and me being 
homeless is to let readers know that not having any money is not an 
excuse for not growing smarter, thinking bigger, and becoming richer.
For most of my life, I have never had enough money. If I had
let not having money be an excuse, I would never have become a 
capitalist. This is important, because a true capitalist never has money. 
That is why they must know how to raise capital and use other people’s 
money to make a lot of money for a lot of people.
How to Become a Capitalist
My mom and dad wanted me to be successful in the E and S
quadrants. My dad suggested I go to school, get my PhD, which he
did himself, and work for the government or climb a corporate ladder 
in the E quadrant. My mom, a registered nurse, wanted me to become 
a medical doctor in the S quadrant.
My rich dad suggested I become a capitalist. That meant I had to 
study the skills required for success in the B and I quadrants.
My mom and dad believed in traditional schools such as colleges, 
law schools, and medical schools. They valued good grades, degrees, 
and credentials, such as a law degree or a medical license.
My rich dad believed in education, but not the type of education 
found in traditional schools. Rather than go to school, my rich dad 


Five Levels of Investors
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of dollars of bad debt. It is a simple, almost painless, process. All
it takes is a little discipline and a willingness to learn.
The title of the product is “How We Got Out of Bad Debt.” You can 
purchase it online from RichDad.com
 
Are You at Investor Level 2?
If you are a saver, be very careful, especially if you are saving money 
in a bank or in a retirement plan. In general, savers are losers.
Saving is often a strategy for people who do not want to learn 
anything. You see, it takes no financial intelligence to save. You can 
train a monkey to save money.
The risk in saving is that you learn little. And if your savings are 
wiped out, either by market decline or devaluation of the money 
supply, you wind up without money and without education.
Remember that the U.S. dollar has lost 95 percent of its value since 
1971. It will not take long to lose the rest of its value.
As stated, a person can even lose money saving gold if they buy gold 
at the wrong price.
I suggest taking a few courses on investing, either in stocks or real 
estate, and see if anything interests you.
If nothing interests you, then keep saving.
Remember that the bond market is the biggest market in the world 
simply because most people and businesses are savers, not investors. 
This may sound strange to savers, but the bond market and banks
need borrowers. 

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