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It is here too told about some simple actions in the academic and financial plan, which parents can undertake in the beginning of process of preparation of their child to the real world. This part begins with the story how I nearly have not thrown school and that has helped clever and rich daddies to convince me to remain at school, and also as the rich daddy used my academic failures to prepare me for becoming rich.In the second part my rich daddy explains to me why its banker never asked it to show a report card. He spoke: itMy banker never asked, what marks at me were. Everything that he wished to see, is my financial reportit. To it he added often: itthe Understanding of how financial reports work, is important for any who wishes to construct financially safe lifeit. In the modern world where safety of job all decreases, it is not less important, that your child has received skills of maintenance of financial safety in a life.
If you attentively consider and will analyse modern educational system it becomes clear that it is focused on two basic areas of training:
- Formal education, i.e. Ability development to read, write and make arithmetic actions;
- Vocational training, i.e. Training of a trade of the doctor, the lawyer, the plumber, the secretary or any, whom you wish to become to earn money after leaving school.
America and many countries of the West have done huge job to make these two fundamental types of training accessible to citizens. Such training has brought the huge contribution to achievement by the West of existing position in the modern world. All problem as I already said, that rules have changed. In an information age new education, instead of more than old education more is necessary for us. Now the part of that educational base which was given to me by my rich daddy is necessary to each student: financial education, i.e. The training necessary for transformation of money which you earn the trade, in lifelong riches and financial safety. Financial education of which have no 700 thousand elderly citizens of the country but which will help to guarantee that in the subsequent life of your child will not comprehend financial crash or it does not remain poor and lonely after will work all life and will grow up children.
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