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Why "A" Students Work for "C" Students and "B" Students Work for the Government by Robert T. Kiyosaki

  • Amazon
  • Financial education night: play monopoly, openly discuss your own financial situations, discuss their goals. Schools don’t teach this, you have to.
  • Cash flow quadrants: Entrepreneurs and investors enable financial independence, working for someone else or being self-employed don’t. Education systems train for latter, which is why those that do well in school tend to be in these categories.
  • Ordinary, passive/cash flow (rental income), and portfolio income. Only taught the first in school, have highest taxes.
  • Wide variety of experiences early in career is more important than minimum wage paycheck.
  • Don’t give your kids handouts to avoid entitlement. Reward for work well done/effort/generosity.
  • Difference between financial advice and education. Give them the tools to make their own decisions.

Rocky Warren's blog. Principal Architect, Tech Lead, Product Manager. I do other stuff too.

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