![]() Even though there’s lots of information out there, most people don't know how to use it: “Without financial education, a person cannot convert that information into knowledge.” Furthermore, Robert continues, the banking system is rigged against the middle class: “The money system is designed to keep people poor, not to make them rich. Most people do not truly understand the difference between assets and liabilities, nor do they understand the tax advantages to owning your own business: “Employees and self employed people work for money business owner owners and investors work for assets.”The vast majority of people are not well educated, in a financial sense. Like RICH DAD, POOR DAD, this book draws a lot of comparisons between the two main influences in his life-his well-educated dad, who followed the traditional academic route, or the street-wise dad who made a lot of money.The author quotes extensively from CASHFLOW QUADRANT.
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