Why “A” Students Work for “C” Students Summary – March 2022

Author: Robert T. Kiyosaki

Short Summary
Why “A” students work for “C” students (2012) and Why “B” students work for the Government by Robert T. Kiyosaki is about what financial crisis we are facing globally. It is the result of the lack of education because educational institutes are failing in providing practical education even the basics of financial education. Now, it’s the parent’s job to teach their children about their financial responsibilities. 
why a students work for c students
Source: amazon.com

Detailed Summary

We want to provide our children with every luxury and advantage in life as parents, especially when it comes to education but they are not getting any because of our schooling system. They are just trying to teach the children how to get a job or how to be an employee but they are not teaching how to be an entrepreneur or a business person. In the real world, implementing these things are more complex than it seems. We are taught how to work hard or save money but we are not taught how to use that money to become financially independent, or how many kinds of incomes there are.

But to educate your children, you first need to educate yourself on this matter. You’ll learn why financial education is necessary in the modern world and which tools and strategies you need to teach your kids in this summary of Why “A” students work for “C” students. This procedure should continue from their childhood to their adulthood.

Why “A” Students Work for “C” Students Key Points

Understanding of 4-quadrants of Cashflow

Four common traits help you understand where you fit into the Cashflow Quadrant.

  • E stands for Employee
  • S stands for Small-business
  • B stands for Big Business
  • I stands for Investor

In school, you only learn skills that help you become successful in the “E” and “S” quadrants. You don’t get much exposure to the other two quadrants.

What if you could move from an S to a B? What if you could move from an S to an E? What if you could transition from E to S as your income goes up? What if there are people who had more than one career along their life’s journey?

The truth is that a lot of people do switch from quadrant to quadrant. And the few that do it, seem to be a lot wealthier than the rest of us. The reason is that, in our school, we are encouraged to become experts. We’re told to choose a career path early on and stick with it for good. But what if that’s not true? What if there are benefits to being a generalist instead of a specialist? I’m not saying becoming a specialist is a bad route, but it may not be the best one for everyone.

“A” students just excel at specific matters while “C” students become the generalists because they see the big picture ahead. They are most likely towards the “B” and “I” quadrants. That’s why “A” students work for “C” students.

Ruch people focus on getting financial education and teach their kids the same but the poor ones look for advice

The one thing I hope my children know to be successful] is to learn how to read a balance sheet, a P&L, and an income statement. That’s going to teach them more about life than anything else. – Warren Buffett

Poor people look for financial advice, while the rich focus on getting financial education and teach their kids to do the same. Financial education is simply a set of tools and strategies that will help your kids manage their finances well. Financial education is concerned with establishing good habits, avoiding bad ones,s and understanding the relationship between money and personal happiness. Financial education is what you learn from your parents and step-parents when you were growing up.

And when it comes to being wealthy, it’s not about how much money your kids have in the bank or how many nice toys they have, but it’s about how prepared they are to handle what life throws at them. The greatest wealth-building tool that they can have is financial education, which will give them power over their finances. And by that, I’m not just talking about what stocks to buy or even how to make money work for them. I mean knowing how to generate income, save for the future,e and protect money from predators.

Give your kids money if you want them to become financially independent later in the future

The reality is that as much as we don’t like to admit it at times, a person’s finances play a major role in their success. If you want to financially cripple your children, give them money. Yeah I know, sounds crazy but just in case you have any doubts about the subject, the author of a new book, “Give Your Child A Financial Head Start,” says that giving a child under 18 an allowance of $50 or more per week encourages them to make bad spending decisions.

With kids, we must help them develop good financial habits early on in life. That’s because, at some point, the rich kids got financial literacy education. As a result of that education, they learned how to properly manage their money and to earn more — skills that will serve them well throughout their lives.

Forbes reports that millennials are putting more and more money into their children’s accounts, and their kids aren’t even old enough to drive. While this may seem a little crazy, it is a smart way to give your children some financial independence later in life.

Why “A” students work for “C” students quotes

“Asking for advice means, “Tell me what to do.” Seeking education means, “Tell me what to study so I can learn what I need to do.” Robert T. Kiyosaki

“In the big picture, life is not about grades. Life is about what you choose to study.”

Robert T. Kiyosaki

Why “A” students work for “C” students reviews

“I can say that It teaches me about the world of education. It has great lessons and true role models like Albert Einstein. It is a great lesson teaching book.”

Minenhle Zuke

“Awesome book! it changed my financial life completely. I recommend that everyone buys this book and takes time to read it.” Innocent Nduaguba

To whom I would recommend Why do “A” students work for “C” students summary?

  • A college and university business student whose teachers are not teaching them how to use financial education in practical life.
  • A 40-year-old who wants to know why he is poor and others are ahead of him.

Link: https://amzn.to/3JbhKUe