Financial Literacy for kids — the real need of the hour!
It is everyone’s dream to build everlasting wealth. Robert Kiyosaki has amassed a net worth of around $100 million selling this dream, selling this dream to the common man. The very same man who walks out of graduate school with a 4.0 GPA, into the real world with all the real problems. The fact remains that a big majority of these problems are related to just one thing — MONEY! Unfortunately majority of us are not taught about this subject (money) ever in our lives, and what happens when we encounter a hurdle without being trained to overcome it, the result is very obvious.
Coming back to Robert Kiyosaki, his call to fame was the book ‘Rich Dad Poor Dad’, which he co-wrote with Sharon Lechter. It talks about the importance of financial literacy. The titular “Rich Dad” is purportedly his friend’s father who accumulated wealth due to entrepreneurship and savvy investing, while the “Poor Dad” is claimed to be Kiyosaki’s own father who he says worked hard all his life but never obtained financial security. (However, no one has ever proven that Rich Dad, the man who supposedly gave Kiyosaki all his advice for wealthy living, ever existed. Nor has anyone ever documented any vast reserves of wealth earned by Kiyosaki prior to the publication of Rich Dad Poor Dad in 1997).
