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Rich Dad Scam #1: Higher Education
The “good school = success” scam. When I was young, my poor dad always told me the best path to success was to go to school. He felt that was the best way to get a good job. After all, it was the path he’d taken. He had multiple advanced degrees and was the superintendent of the Hawaii school system.
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The truth is, the price of a good education is too high and the ROI is too low. Today, millions of people, young and old, are leaving school deeply in debt and unable to find that mythical high-paying job for life. Like it or not, life costs money. Yet we teach students little to nothing about money. Here are seven things they don’t teach in school but are necessary if financial freedom is your goal…
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