Let’s dive back into Robert Kiyosaki’s story. When Robert and Mike were young, they got a special opportunity. Rich Dad, who was a successful business owner, taught them everything about his business. They attended meetings with bankers, lawyers, and accountants, learning what it takes to be a successful businessperson. The boys learnt a lot from Rich Dad, but this caused a problem. The things they were learning from him made it hard for them to take school seriously. School kept telling them that studying and working hard would make them successful and wealthy. No one seemed to think that understanding money and finances was important, except for Rich Dad.

Kids are not taught about important money topics like saving and investing, and this leads to problems. Many young people, even in high school, end up maxing out their credit cards. This lack of knowledge about money is a problem for both young people and even educated adults who make poor financial decisions.

For example, many people don’t have a plan for their retirement. In the United States, half of the workforce doesn’t have pensions, and of those who do, a large percentage have pensions that don’t work well. It’s clear that society hasn’t prepared us with good financial knowledge. But one of Kiyosaki’s important lessons is to become financially literate. So, what can you do? Educate yourself about money and start creating a plan for your finances.