5 Takeaways from “Rich Kid Smart Kid”

“Rich Kid Smart Kid” by Robert Kiyosaki is a masterclass on how parents can raise financially literate kids who can thrive in the information age.

It’s no secret that Robert Kiyosaki is my favorite author, so it was my destiny to love this book from the start. It also happens that my kids are presently 17 and 13.

Robert Kiyosaki is more concerned with kids learning how to learn instead of simply learning to save their money.

Education and knowledge move much faster in the information age than in the industrial age. The kids who prepare to learn continuously are the ones who will do the best throughout their lives.

1) The school system focuses on one type of genius that deals with reading, writing, and memorization. 

2) There are many types of genius, and it is incumbent on parents and teachers to find each child’s natural genius and bring it forward. 

3) The seven intelligences are Verbal-Linguistic, Logical-Mathematical, Body-Kinesthetic, Spatial, Musical, Interpersonal, and Intrapersonal.

4) Financial intelligence and financial genius are vital for everyone, regardless of profession. Without a high financial IQ, children will have a tough time surviving in today’s society.

5) Finances are at the bottom of everything we do, so learning how to create money outside a 9-5 job is even more essential than getting a job.

The school system teaches kids how to be employees rather than entrepreneurs. Kids often need to unlearn and relearn many things from school to excel as an entrepreneur.

Beyond learning to balance a checkbook, save money, and start a retirement account, Robert Kiyosaki wants kids to think like a capitalist.

A capitalist learns to make money in any financial market without working a job and by creating a product, service, or creative work.

If you see the world in a different light, outside of resumes, bosses, and jobs, then this book will help explain the deeper meaning of financial intelligence.

If you believe your child should “only” go to college, get a good job, buy a home, and stay in the same career field for 30 years, then this book may be too much for you to handle.

I worked a job for 20 years as a “pure employee.” However, I became a capitalist four years ago, and my lifestyle and financial fortunes changed forever.

I am passing down what I learned and practiced from Robert Kiyosaki to my kids. They are getting the information 20 years before I did and are already showing signs of becoming capitalists. I love it. Good Luck!

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