The root of all evil

Tuesday, February 9, 2010



Is the love of money the root of all evil? Or, is the ignorance of money the root of all evil? What did you learn about money in school? Have you ever wondered why our school systems do not teach us about money - if anything - about money? Is the lack of financial education in our schools simply an oversight by our educational leaders? Or is it part of a larger conspiracy?

Changing the rules of money
In 1971, President Richard Nixon changed the rules of money. He severed the U.S. dollar's relationship with gold. Thanks to this change, inflation took off.

What can I do?
OLD RULES:  

  1. Save money
  2. Diversify
NEW RULES:
  1. Spend, don't save
  2. Control & focus your money
Source: Rich Dad's Conspiracy of the Rich: The 8 New Rules of Money
Rich Dad's Conspiracy of the Rich: The 8 New Rules of Money

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Welcome to my blog! If you're here to discover which book you should read to enhance your financial education, then this is definitely the place! I recommend some of the financial books I've read as well as some latest financial education books & summarize them here. Feel free to leave your comments~ =)

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