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If You Want to Be Rich & Happy: Don't Go to School?: Ensuring Lifetime Security for Yourself and Your Children

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Title: If You Want to Be Rich & Happy: Don't Go to School?: Ensuring Lifetime Security for Yourself and Your Children
by Robert T. Kiyosaki, Hal Z. Bennett
ISBN: 0-944031-59-5
Publisher: Aslan Pub
Pub. Date: May, 1995
Format: Paperback
Volumes: 1
List Price(USD): $14.95
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Average Customer Rating: 4.25 (32 reviews)

Customer Reviews

Rating: 5
Summary: It is time for the educator to read this book
Comment: What Robert said in this book is an eye opener.

Our education is a failure, especially coming from a country like mine, which only emphazing the elimination of weak students. The result is having a pool of students that are exam smart but does not have any commensense.

Robert always insist that our school system does not teach our student the concept of money, which is the reson why many of us still trap in this rat race of getting a job, spend every single cent and live on credit.

I strongly recommend any educator to read this book.

Rating: 5
Summary: You don't need school to learn to read this book
Comment: I had always thought school was a waste of my time and my kid's time, but I never had the balls to ignore convention and do anything about it. Kiyosaki changed all that for me, though. His advice and insights on life and money changed my life, and I now realize how foolish itis to put my son's future into the hands of a group of overpaid, unionized morons.

Without Kiyosaki's stock advice, I'd never be able to break even and get out from the cost of day care. Now, not only can my wife and I afford to pay for a full-time au pair for 7-year-old Ricky, but we can almost afford steak every week! Kiyosaki's tips on how to think of the classified advertising section of the newspaper as a tool has really helped our bank account. Every day, I go to the local library and steal the classifieds right before my second job so I can put his money-earning nuggets to work. And he's right. Our education system can't possibly help my son learn the basic skills necessary to grow rich in this world. If only my father knew enough to pull me out of school early before Cornell and Columbia eroded my brain with their erudite, competely financially useless claptrap.

Kiyosaki writes brilliantly, and with a flair for real drma. I actually felt for the humble security who foolishly invested his paycheck based on the advice of others. If only he had learned in high school that not all free advice is good advice, then maybe his life would have turned out differently. In five or six years, when my son learns how to read, I plan to hand him my dog-eared copy of this book and put his money to work for him.

Rating: 4
Summary: Book Summary
Comment: Robert Kiyosaki wants to break the cycle of winners and losers in society by re-educating our youth. This process begins by providing people with the financial understanding necessary to succeed in today's society. Kiyosaki remarks, "Given the structure of modern society, the neglect of this information is comparable to neglecting to teach farming skills in an exclusively agrarian society" (10). The purpose of education is to provide our children with the skills needed to succeed later in life. The ability of education to respond to the times should be the marker by which we judge its overall utility and effectiveness. The fact that school still ends at 3pm and that students have off during the summer testify to the failure of our educational system to transition itself from the needs of the agrarian age to that of the new information age. The information age speaks the language of money and ideas. According to Kiyosaki, recognizing the importance of money in today's society is essential:

...in the past 100 years, money has become almost as necessary for survival as air, water and food. In today's world, money is synonymous with survival...To say that money is corrupting and evil in a world which runs on money makes about as much sense as saying that pigs or potatoes are corrupting an agrarian society (72).

Our educational system should adjust to reflect this new reality. By meeting the special needs of today, we are better able to develop the potential within all of us, thus preparing each of us to make a unique and valuable contribution to the world.

Kiyosaki believes that by embracing the Malthusian doctrine of scarcity the American educational system stifles the "gift of genius" that each child is born with. He rejects the zero-sum game begun in school and perpetuated afterwards permeating throughout all walks of life. Educators must realize that scholastic achievement is but one measure of genius, and the long-term effects on a child who may be a musical or mechanical genius, but not an academic genius, are disastrous. This inevitably leads to many societal problems that are ultimately education-based. Kiyosaki demands action now and asks, "Must the problems land directly on our own doorsteps before we can care" (48). Change can only be wrought once we accept that there is no such thing as a stupid child.

The fundamental principle of human learning rests upon making mistakes and learning from them. More effective learning requires engagement of not only mental learning, but also emotional and physical learning. Kiyosaki believes that today's education system errs because, "Of all the methods of learning that are available to us, memorization is the most monotonous, the least challenging, and the most boring" (127). Many blame teachers or professionals for our system's failings. However, 94% of the time it is the system itself that has failed.

Some ways in which our system fails us includes asking the wrong questions and accepting only one right answer, and by promoting specialization, rather than generalization, to early on in life. School teaches specialization. While this is good for corporations, it is bad for you. Specialization leads to decreased opportunities and obsolescence. Therefore, beware of the detrimental effects of specialization. Learn to become a generalist by committing yourself to lifelong learning and self-improvement in many areas of your life. Concentrate on such practical business matters as production, sales, accounting, organizational management, and finance. Most importantly, affect change by leading by example.

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