Page 194 - Rich Dad's Increase Your Financial IQ: Get Smarter with Your Money

• What is your measurement of success?
• Where do you have the best chance of winning?

• Is your brain being trained to win?
• Are your brains working together or are they working against you?

Two Disadvantages

Over the years, I discovered that there were two disadvantages people had

when it came to money. They are:

1. Our schools do not teach much about money. Even an A student leaves

school knowing very little. On top of that, via the recently discovered
science of mirror neurons, most of us learn about money from people who
also are not financially intelligent. This is why so many people have
middle-class aspirations, i.e., living below your means, saving money, and

staying out of debt.

2. Our schools do not strengthen the subconscious mind. In fact, rather

than educate, schools depend on fear to motivate, threaten rather than teach,
imitate rather than innovate, punish mistakes rather than encourage, play it
safe rather than think bigger, and say what a person wants to hear rather
than what a person needs to hear.
Due to these two factors, many people buy when they should sell, save

when they should spend, spend when they should save, are fearful when
they should be brave, and are brave when they should be fearful.
Examples of such noncontrolled, irrational, financially foolish,

subconscious brain behaviors are:

1. All the quant funds’ selling at the same time, crashing the market
because they were all invested in the same stocks. They were selling
when they should have been buying. Panic comes from the

subconscious brain. Copying or mimicking comes from the fear of
being different, so they do the same thing instead of being creative
and risking thinking differently.