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Author: khushiss69 Keywords: Robert Kiyosaki New Rules of Money Part 17 Conventional Education Vs Financial Literacy Added: July 14, 2009

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Robert Kiyosaki New Rules of Money, Part 17 Conventional Education Vs Financial Literacy

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By Janet Bodnar

It’s a challenge for adults to create a financial Web site for kids that offers age-appropriate information and is entertaining enough to hold their attention. To mark National Financial Literacy Month, I’d like to mention a few that are worth a look.

For elementary-age kids. Meet the “Centsables” (www.centsables.com). They’re six super-hero friends — named, fittingly, Franklin, Jackson, Grant, Hamilton, Penny and Suzie B. — who live in Centsinnati and can “grow to gargantuan height, run like the wind, and control the elements.” And they do it all in the service of giving kids super money-management skills. Mark DiPippa, president of Norm Hill Entertainment and creator of the project, has ambitious plans to produce it as an animated TV series.

For now, kids can enjoy the Centsables online in a series of games and comic books. The target audience — children ages 6 to 11 — can probably handle the activity pages and comic books on their own. Younger children may need a hand from parents to navigate the lessons, which include “How kids earn money” and “Taking stock of the market.”

For middle- and high-school students. CareerForward is a free, innovative online program developed by the Michigan Department of Education, Michigan Virtual University and Microsoft’s Partners in Learning unit.

The curriculum is designed to take about 20 hours to complete and may be directed by a teacher (Michigan requires all students to have at least one online learning experience before they graduate), a volunteer or an interested parent.

CareerForward isn’t focused exclusively on financial education. But there’s a unit on managing money, including lessons in budgeting and a salary calculator for future jobs.

What I like about the program is that it gets kids thinking about what they’d like to do beyond high school — the education and skills they’ll need to earn a living in the global workplace. And that, after all, will determine how much money they’ll have to manage and what their standard of living will be.

For college students. Though not an interactive Web site per se, the “Playbook for Life” guide may be downloaded or ordered at www.playbook.thehartford.com. Originally developed by The Hartford insurance company in conjunction with the NCAA, the idea was to educate student athletes about the importance of financial planning.

But the lessons are equally valuable for all college students and young adults, with sections on purchasing a house, buying (and maintaining) a car, saving for retirement, buying insurance and paying taxes.

And when your kids are ready to go out on their own, there’s a lot of useful information at Kiplinger.com in the Starting Out section.

Read more here:
Sites That Foster Good Money Skills

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Here is another update from the Rich Dad event out here in Arizona.

We had a phenomenal time and learned a TON throughout the weekend.

I tell you, there is NOTHING like a Rich Dad event. I’ve been to a lot of events, and nothing compares.

I believe this one was the best so far. It centered around issues and opportunities that are occurring in society right now.

The federal reserve, the environment, the shrinking dollar, inflation, recession, investing…

Survival!

There will be two products release later this year that you should look out for.

One is a highlight reel from the event. 45-60 minutes of the best moments at the event. Perfect for catching the high points.

The other is a full-length production of the event. Three to four hours of content that will cover every major subject we studied.

I’ll have exclusive information on those products as soon as they are available for pre-order.

Stay tuned -

Source:
Another Life-Changing Rich Dad Event

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http://www.themastermindset.com Looking back on my time with Robert Kiyosaki at The Rich Dad Company, a common theme that was there throughout was the study of how people learn. The best diagram I’ve seen that illustrates how much the method of learning impacts how much we retain, is the Cone of Learning. Created by Edgar Dale in 1969, The Cone Of Learning lists, from worst to best, the passive and active ways we learn and how the affect our retention. Not surprising, reading and lecture are the two WORST ways of learning. And how are we expected to learn in school? That’s right… Reading and lecture. http://www.themastermindset.com What is the best way to learn? Doing the real thing. Actually getting into action and doing the very thing you want to learn. Why is doing the real thing so much more effective than reading or lecture? Because it is active. Where as reading and lecture are passive. Being involved increases your retention dramatically. It requires that you use both your left brain and your right brain. It sets it in stone. The subject of learning and teaching were at the core of everything at The Rich Dad Company. John http://www.themastermindset.com

See more here:
The Master Mindset – The Cone Of Learning

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I am in the back of the room at the latest Rich Dad event in Scottsdale, AZ. These events get better and better each time. I don’t know how Robert does it.

In the last day and a half, we have studied the Mandrake Mechanism, the Federal Reserve System, R. Buckminster Fuller, The Dollar Crisis, PERT (Planning, Evaluation, Review, Technique), Synergetics, the dymaxion map, and a LOT more.

And that’s just the first half.

The studying never stops.

More:
The Studying Never Stops

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