Another great book by Robert Kiyosaki is - “Cashflow Quadrant." Worth a read...
And here you have a few classics in this field;
-The Richest Man in Babylon - Georges S. Clason
-The Intelligent Investor - Benjamin Graham
-The Millionaire Next Door - Thomas J. Stanley
-The Science of Getting Rich - Wallace Wattles
-Think and grow rich - Napoleon Hill
Have Fun!!
[/quote]
Can you give us more good financial education books? Just like this, it catches my attention when I read the quotes of Robert Kiyosaki.
[/quote]
Topic: No Practical Education given in schools these days. (Read 268 times)
I'm a firm believer in the importance of education. I've seen too many uneducated people failing in life or having to settle for really low-paying jobs because they got into drugs or were just lazy. A college education in most cases is NOT a waste of money.
I am from a generation in which that was true. However, the education market has become very different and is also very varied across different countries. Nowadays, there are many countries in which the student comes out of College with a debt that will hinder his or her ability to have a decent life or form a family, and thus, in the name of a good high-paying job they become the slaves of a bank.
This is no different from the Real State market, in which you can buy the house of your dreams and live inside the nightmare of your mortgage, again in the name of a high living standard, plus contributing to driving up the cost of housing by spending every last dime that you earn to compete with others in a race to the limit of each other's credit that will hunt you for the rest of your lives.
Typically, education can be on of the main factors in social mobility and there should be a range of possible education alternatives from the very practical to the more theoretical. The OP is demanding a practical approach, and that is a respectable demand. On the other hand, he is probably demanding it precisely from the institutions that are less able to abide.
... unlike most liberal arts majors like history and math.
Math as a liberal art... I guess sometimes it can be beautiful, I like Maldelbrot Sets graphical representations. https://www.youtube.com/watch?v=T0XozF5t7pM
I disagree.Without school knowledge it would be hard to achieve any goals in your life,basic knowledge we get in school high likely will be useful and help to make another step your development.
I also believe in education. I thought of becoming a doctor because this at least I won't have to work 24/7 as I can just renovate a makeshift office at home and accept clients but it also needs money for tuition.
All of family elders are just teaching me to work harder after you get a degree. None of them even think of making a business of our own. Poor vision of the future really which makes us toil all our life. If schools teaches us Forex, it would be cool.
I firmly believe in education, you don't just go to school to learn how to read and write or how to make money, you also learn ethics, how to associate and interact with your society.
Any school that teaches how to make money is no school.
Of course education is business. But you should know why you are schooling in the first place and focus on that alone.
Any school that teaches how to make money is no school.
Of course education is business. But you should know why you are schooling in the first place and focus on that alone.
I think the quality of posting in this forum is an indication of how modern education and social habits are failing.
I understand that it is likely to change when they introduce courses on how to get merits on Bitcoin Talk.
I understand that it is likely to change when they introduce courses on how to get merits on Bitcoin Talk.
I think that is mostly because this place is filled with poor 3rd worlders that don't understand English.
I do think school is a complete joke and a waste of time. It's just training people to be good little worker ants always showing up on time. Thats why my school used to give awards for perfect attendance and punish tardiness. we can't have our worker slaves taking profit away from our corporate overlords.
I'm a firm believer in the importance of education.
Correct, education is important but it does not have to be academic always. School teaches us manners, how to be polite and gentle which is good. To be a man (human race) this is a must for us. But achieving financial success is not directly related to academic education. It mostly depends on other factors. Factors like entrepreneurship, investing mentality, consistency - never give up attitude, can do attitude, ability to think out of the box, wealth management, know when to quit etc. I doubt a a school has much idea about any of these, if they had these then everyone who had a PHD or even college education would be Billionaires. Plus you would find your teachers most wealthiest in your area.
Steve Jobs:
I hope you read Rich Dad Poor Dad
Can you give us more good financial education books? Just like this, it catches my attention when I read the quotes of Robert Kiyosaki.Think and Grow Rich - Napoleon Hill
The 4-Hour Workweek - Tim Ferriss
MONEY Master the Game - Tony Robbins
The Secret - Rhonda Byrne
These are some books worth reading. There are tons though.
I want to tell all of you that i am very disappointed with the school system.Instead of telling children how to invest their money and make money they tell students to cram as much books as they can. 
Education is just a business nowadays for people that have their own institutions.They dont have any feelings for the future of the child.These people only want Money,Money and Money.In the position of telling children to cram stuff ,If they teach children tacts to make,invest and spend the money and teach children how to open businesses like they had opened ,the future of our children can be much much more brighter than what it seems to be at present.
People in Poverty Stricken Countries can live life happily if this type of education is there.
But No these people only want to Earn Money by ruining the life of children.
I live in India and most of these Schools and Colleges are there.Thats why My country is so poverty stricken.
I hope people start teaching children practical life stuff rather than cramming books year after year which has no value.
Education is just a business nowadays for people that have their own institutions.They dont have any feelings for the future of the child.These people only want Money,Money and Money.In the position of telling children to cram stuff ,If they teach children tacts to make,invest and spend the money and teach children how to open businesses like they had opened ,the future of our children can be much much more brighter than what it seems to be at present.
People in Poverty Stricken Countries can live life happily if this type of education is there.
But No these people only want to Earn Money by ruining the life of children.
I live in India and most of these Schools and Colleges are there.Thats why My country is so poverty stricken.
I hope people start teaching children practical life stuff rather than cramming books year after year which has no value.
You're saying that schools should teach how to invest/make money and then you're complaining that schools only care about making money. Seems to be a disconnect here. If you only teach kids to make money then education will be become even more commercialized and less useful. Investments and business don't make money out of thin air and generally they rely on those book nerds to feed the incessant technological progress.
I think the quality of posting in this forum is an indication of how modern education and social habits are failing.
I understand that it is likely to change when they introduce courses on how to get merits on Bitcoin Talk.
I understand that it is likely to change when they introduce courses on how to get merits on Bitcoin Talk.
<...>
+1 for this comment
I have degrees and I can assure OP that learning is indeed very important. The problem is, in college, students often not explore their talents outside the class (system). They think simply have good grades are enough to get a good living. Guess what, it's not enough!
While education is a basis for a good way of think (i.e. logical, analytical, etc.), you should expand your presence. Join various clubs will open your mind, good for networking, and broaden your perspective.
Of course, you can learn anywhere, not only in college. This is why -in my opinion- many people become successful even they dropped out of college. But most of the time, they will learn in a hard way. And people like Steve Jobs, Kiyosaki, Bill Gates, etc., are just insignificant in the term of statistics. Maybe one in a thousand.
If you don't wanna be a pedicab driver, an McD's employee, or a janitor, you better go to school, young man!
Quote from: http://www.azquotes.com/quote/880194
“Schools teach you how to work for money, but don't teach how to make money work for you” – Robert Kiyosaki
Quote from: https://addicted2success.com/quotes/101-robert-kiyosaki-quotes-that-will-inspire-your-mind-for-wealth/
“In the real world, the smartest people are people who make mistakes and learn. In school, the smartest people don’t make mistakes.” – Robert Kiyosaki
Quote from: https://addicted2success.com/quotes/101-robert-kiyosaki-quotes-that-will-inspire-your-mind-for-wealth/
“The trouble with school is they give you the answer, then they give you the exam. That’s not life.” – Robert Kiyosaki
Quote from: https://addicted2success.com/quotes/101-robert-kiyosaki-quotes-that-will-inspire-your-mind-for-wealth/
“If you’re still doing what mommy and daddy said for you to do (go to school, get a job, and save money), you’re losing.” – Robert Kiyosaki
Quote from: https://addicted2success.com/quotes/101-robert-kiyosaki-quotes-that-will-inspire-your-mind-for-wealth/
“In school we learn that mistakes are bad, and we are punished for making them. Yet, if you look at the way humans are designed to learn, we learn by making mistakes. We learn to walk by falling down. If we never fell down, we would never walk.” – Robert Kiyosaki
Quote from: http://www.azquotes.com/quote/825546
“Because students leave school without financial skills, millions of educated people pursue their profession successfully, but later find themselves, struggling financially.” – Robert Kiyosaki
Quote from: http://www.azquotes.com/quote/813960
“The main reason people struggle financially is because they have spent years in school but learned nothing about money. The result is that people learn to work for money...but never learn to have money work for them.” – Robert Kiyosaki
Quote from: http://www.azquotes.com/quote/160349
“Academic qualifications are important and so is financial education. They're both important and schools are forgetting one of them.” – Robert Kiyosaki
Quote from: http://www.azquotes.com/quote/1180634
“I don't believe in giving people money. In Sunday school [you learn] that if you teach a man to fish, you feed him for life; but you give him a fish, you feed him for a day.” – Robert Kiyosaki
Quote from: http://www.azquotes.com/quote/525621
“In school, you are given the lesson first. On the street, you're given the mistake first and then it's up to you to find the lesson, if you ever find it.” – Robert Kiyosaki
Quote from: http://www.azquotes.com/quote/852773
“One of the reasons the rich get richer, the poor get poorer and the middle class struggles in debt is because the subject of money is taught at home, not at school.” – Robert Kiyosaki
Quote from: http://www.azquotes.com/quote/1345402
“The financial education taught in schools is funded and taught by the big banks and corporations. It's like having the cat train the mice.” – Robert Kiyosaki
Quote from: http://www.azquotes.com/quote/797298
“In the world of entrepreneurs, you don't need a college education. You need a proper education.” – Robert Kiyosaki
I hope you read Rich Dad Poor Dad
I have read this book and it is quite motivational.Anyway thanks for sharing.
I disagree, strenuously, but given your background I can understand why you're frustrated. Poverty will embitter the most optimistic soul.
The school system in the US is far from perfect, but it did prepare me for college and I chose a course of study that pretty much guarantees a job and a good-paying one at that. The school I went to also had engineering; allied health majors such as physical therapy and cytology; education; and nursing. All of those college majors prepare you for careers, unlike most liberal arts majors like history and math.
I'm a firm believer in the importance of education. I've seen too many uneducated people failing in life or having to settle for really low-paying jobs because they got into drugs or were just lazy. A college education in most cases is NOT a waste of money.
The school system in the US is far from perfect, but it did prepare me for college and I chose a course of study that pretty much guarantees a job and a good-paying one at that. The school I went to also had engineering; allied health majors such as physical therapy and cytology; education; and nursing. All of those college majors prepare you for careers, unlike most liberal arts majors like history and math.
I'm a firm believer in the importance of education. I've seen too many uneducated people failing in life or having to settle for really low-paying jobs because they got into drugs or were just lazy. A college education in most cases is NOT a waste of money.
Quote from: http://www.azquotes.com/quote/880194
“Schools teach you how to work for money, but don't teach how to make money work for you” – Robert Kiyosaki
Quote from: https://addicted2success.com/quotes/101-robert-kiyosaki-quotes-that-will-inspire-your-mind-for-wealth/
“In the real world, the smartest people are people who make mistakes and learn. In school, the smartest people don’t make mistakes.” – Robert Kiyosaki
Quote from: https://addicted2success.com/quotes/101-robert-kiyosaki-quotes-that-will-inspire-your-mind-for-wealth/
“The trouble with school is they give you the answer, then they give you the exam. That’s not life.” – Robert Kiyosaki
Quote from: https://addicted2success.com/quotes/101-robert-kiyosaki-quotes-that-will-inspire-your-mind-for-wealth/
“If you’re still doing what mommy and daddy said for you to do (go to school, get a job, and save money), you’re losing.” – Robert Kiyosaki
Quote from: https://addicted2success.com/quotes/101-robert-kiyosaki-quotes-that-will-inspire-your-mind-for-wealth/
“In school we learn that mistakes are bad, and we are punished for making them. Yet, if you look at the way humans are designed to learn, we learn by making mistakes. We learn to walk by falling down. If we never fell down, we would never walk.” – Robert Kiyosaki
Quote from: http://www.azquotes.com/quote/825546
“Because students leave school without financial skills, millions of educated people pursue their profession successfully, but later find themselves, struggling financially.” – Robert Kiyosaki
Quote from: http://www.azquotes.com/quote/813960
“The main reason people struggle financially is because they have spent years in school but learned nothing about money. The result is that people learn to work for money...but never learn to have money work for them.” – Robert Kiyosaki
Quote from: http://www.azquotes.com/quote/160349
“Academic qualifications are important and so is financial education. They're both important and schools are forgetting one of them.” – Robert Kiyosaki
Quote from: http://www.azquotes.com/quote/1180634
“I don't believe in giving people money. In Sunday school [you learn] that if you teach a man to fish, you feed him for life; but you give him a fish, you feed him for a day.” – Robert Kiyosaki
Quote from: http://www.azquotes.com/quote/525621
“In school, you are given the lesson first. On the street, you're given the mistake first and then it's up to you to find the lesson, if you ever find it.” – Robert Kiyosaki
Quote from: http://www.azquotes.com/quote/852773
“One of the reasons the rich get richer, the poor get poorer and the middle class struggles in debt is because the subject of money is taught at home, not at school.” – Robert Kiyosaki
Quote from: http://www.azquotes.com/quote/1345402
“The financial education taught in schools is funded and taught by the big banks and corporations. It's like having the cat train the mice.” – Robert Kiyosaki
Quote from: http://www.azquotes.com/quote/797298
“In the world of entrepreneurs, you don't need a college education. You need a proper education.” – Robert Kiyosaki
I hope you read Rich Dad Poor Dad
Quote from: http://www.azquotes.com/quote/880194
“Schools teach you how to work for money, but don't teach how to make money work for you” – Robert Kiyosaki
Quote from: https://addicted2success.com/quotes/101-robert-kiyosaki-quotes-that-will-inspire-your-mind-for-wealth/
“In the real world, the smartest people are people who make mistakes and learn. In school, the smartest people don’t make mistakes.” – Robert Kiyosaki
Quote from: https://addicted2success.com/quotes/101-robert-kiyosaki-quotes-that-will-inspire-your-mind-for-wealth/
“The trouble with school is they give you the answer, then they give you the exam. That’s not life.” – Robert Kiyosaki
Quote from: https://addicted2success.com/quotes/101-robert-kiyosaki-quotes-that-will-inspire-your-mind-for-wealth/
“If you’re still doing what mommy and daddy said for you to do (go to school, get a job, and save money), you’re losing.” – Robert Kiyosaki
Quote from: https://addicted2success.com/quotes/101-robert-kiyosaki-quotes-that-will-inspire-your-mind-for-wealth/
“In school we learn that mistakes are bad, and we are punished for making them. Yet, if you look at the way humans are designed to learn, we learn by making mistakes. We learn to walk by falling down. If we never fell down, we would never walk.” – Robert Kiyosaki
Quote from: http://www.azquotes.com/quote/825546
“Because students leave school without financial skills, millions of educated people pursue their profession successfully, but later find themselves, struggling financially.” – Robert Kiyosaki
Quote from: http://www.azquotes.com/quote/813960
“The main reason people struggle financially is because they have spent years in school but learned nothing about money. The result is that people learn to work for money...but never learn to have money work for them.” – Robert Kiyosaki
Quote from: http://www.azquotes.com/quote/160349
“Academic qualifications are important and so is financial education. They're both important and schools are forgetting one of them.” – Robert Kiyosaki
Quote from: http://www.azquotes.com/quote/1180634
“I don't believe in giving people money. In Sunday school [you learn] that if you teach a man to fish, you feed him for life; but you give him a fish, you feed him for a day.” – Robert Kiyosaki
Quote from: http://www.azquotes.com/quote/525621
“In school, you are given the lesson first. On the street, you're given the mistake first and then it's up to you to find the lesson, if you ever find it.” – Robert Kiyosaki
Quote from: http://www.azquotes.com/quote/852773
“One of the reasons the rich get richer, the poor get poorer and the middle class struggles in debt is because the subject of money is taught at home, not at school.” – Robert Kiyosaki
Quote from: http://www.azquotes.com/quote/1345402
“The financial education taught in schools is funded and taught by the big banks and corporations. It's like having the cat train the mice.” – Robert Kiyosaki
Quote from: http://www.azquotes.com/quote/797298
“In the world of entrepreneurs, you don't need a college education. You need a proper education.” – Robert Kiyosaki
I hope you read Rich Dad Poor Dad
I want to tell all of you that i am very disappointed with the school system.Instead of telling children how to invest their money and make money they tell students to cram as much books as they can.
Education is just a business nowadays for people that have their own institutions.They dont have any feelings for the future of the child.These people only want Money,Money and Money.In the position of telling children to cram stuff ,If they teach children tacts to make,invest and spend the money and teach children how to open businesses like they had opened ,the future of our children can be much much more brighter than what it seems to be at present.
People in Poverty Stricken Countries can live life happily if this type of education is there.
But No these people only want to Earn Money by ruining the life of children.
I live in India and most of these Schools and Colleges are there.Thats why My country is so poverty stricken.
I hope people start teaching children practical life stuff rather than cramming books year after year which has no value.
Education is just a business nowadays for people that have their own institutions.They dont have any feelings for the future of the child.These people only want Money,Money and Money.In the position of telling children to cram stuff ,If they teach children tacts to make,invest and spend the money and teach children how to open businesses like they had opened ,the future of our children can be much much more brighter than what it seems to be at present.
People in Poverty Stricken Countries can live life happily if this type of education is there.
But No these people only want to Earn Money by ruining the life of children.
I live in India and most of these Schools and Colleges are there.Thats why My country is so poverty stricken.
I hope people start teaching children practical life stuff rather than cramming books year after year which has no value.
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