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


There are four choices in education


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2. There are four choices in education. 
My rich dad explained the diagram of the CASHFLOW 
Quadrant for me. It was his way of giving me choices in my 
education and what I wanted to be when I grew up.
Traditional education prepares students for the E and S 
quadrants. Examples of S-quadrant schools are law schools, 
medical schools, and dental schools.
It is interesting that it is the top students from our medical and 
law schools that pay the most in taxes, and they do so because 
they are in the S quadrant. To me, if I were a top student, I 
would want to know how to pay less in taxes. Paying higher 
taxes is one of the traps of the S quadrant.
When an employee quits their job to start their own business, 
most wind up in the S quadrant, operating a highly specialized 
small business or service business, such as computer consulting 
or selling real estate. 
The problem was that in 1973 my dad was 54 years old, the 
former superintendent of education for the State of Hawaii, a 
former Republican candidate for lieutenant governor of Hawaii,
and unemployed. 
My dad was unemployed because he resigned from the 
superintendent of education position to run on the Republican ticket 
against his boss, the governor, a Democrat. When Judge Samuel
King and my dad lost the gubernatorial election, the governor 
informed my dad that the price for his lack of loyalty was to never be 
allowed to work in state government again.
My dad, although highly educated, could not survive in the real 
world outside of the educational system. Knowing he could not find a 
paying government job, my dad took his retirement savings, bought an 
ice cream franchise and lost it all when his ice cream business failed.
In many ways, it was my poor dad who gave me a glimpse of the 
future, not for his generation, but for mine.
When he recommended that I follow in his footsteps, I knew 
whose advice I would follow. After leaving my poor dad’s home,
I drove to Waikiki to my rich dad’s office and asked for his advice.

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