“A person can be highly educated, professionally successful, and financially illiterate”– Robert T. Kiyosaki
Today as I was reading Lesson 2 of Rich-Dad Poor-dad. And I noticed how Robert kept saying repeatedly wealthy people mostly end up in debt or are always stuck in the rat race. This made me think who was responsible for this and the answer seemed pretty obvious: Educational institutions! i.e schools, colleges, etc. But how, Pihu? Well if schools gave proper financial education then people won’t end up making all these bad decisions. For example, appreciate creativity instead of exercising control, and give good economic knowledge in balance with academic knowledge. If every school follows this there will be a day when nobody is poor because most of the impoverishment is caused by bad economic decisions by the wealthy. So, does this make you question the education system? And do you believe it requires change? Tell me your thoughts and ideas in the comment section below.