What Schools Will Never Teach You About Money By Robert T. Kiyosaki
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My rich dad said,
“Choose your teachers wisely.” Introduction HOW DO YOU CATCH A MONKEY? 1 Natives of Africa and Asia have used this technique to catch monkeys for thousands of years: The hunter finds a tree with a small hole in the tree trunk and places fruits or nuts inside the hole. A monkey comes along, puts their fist in the hole and grabs onto the fruit or the nuts. The monkey’s fist, now clenched and filled with the fruit or nuts, cannot be withdrawn from the hole, trapping the monkey. Rather than let go of the fruits or nuts, the monkey twists and turns, pulls and tugs, but refuses to let go. The native returns, and at their leisure, kills or captures the monkey. Humans are similar to monkeys. Rather than cling to fruits or nuts, humans cling to job security, their possessions, and money. Due to a lack of financial education, like the trapped monkey, most people will spend their lives as wage slaves of their employers and tax slaves of the government. When the global financial crisis began in 2007, many people clung even more tightly to their jobs in the hope of not being one of those who were laid off. Millions held on tightly to their homes, even though they could not pay the mortgage. Most cut back on their spending and saved more, even though the federal government was printing trillions of dollars, destroying the purchasing power of their savings. Workers stuffed even more money into their retirement plans, even though the stock market had crashed, wiping out their prior gains. And school enrollments boomed, as more people headed back to school, even though unemployment was soaring. Introduction Unfair Advantage 3 2 Financial education was not important in the Industrial Age. In 1989 the World Wide Web was born. The Industrial Age ended and the Information Age began. In the coming decade, more jobs will be replaced by technology as our factories are dismantled, shipped, and rebuilt in low-wage countries. The idea of a high-paying job for life and a retirement paycheck for life is an obsolete idea. Today, the United States is the biggest debtor nation in world history. The United States cannot afford social programs such as Social Security and Medicare. In the Information Age, the age where job security and a pension for life are not guaranteed, financial education is essential. Unfortunately, like a monkey with its fist caught in a tree, millions of workers cling to Industrial-Age ideas such as going to school, job security, steady paychecks, medical benefits, early retirement, and government support for life. In this book, you will find out what kind of education is best for preparing you for the Information Age. Download 5.81 Mb. Do'stlaringiz bilan baham: |
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