Saturday morning I had the pleasure of driving my high school sophomore daughter to an area band competition. She is a wonderful flutist, and her duet was amazing to witness. The competition was held at one of the oldest private boarding schools in the St. Louis area, and as she warmed up, I had a chance to snoop around the hallways of exclusive institution founded in 1898. Tuition ranges from $14,000 to $18,000 per year, from pre-K through to high school. As I walked the halls, I thought of the small number of people who could afford to send their children to a school of this caliber. What differentiates this very expensive education from the education that most middle class children receive in public schools? How could it possibly be worth that type of investment even before college?
As I snapped pictures of my daughter from my cell phone, I noticed on the ledge of the blackboard every book ever written by Robert Kiyosaki. There it was, the entire Rich Dad Poor Dad Series, right there in the classroom. Could this possibly be a part of the curriculum? It became obvious to me that the teacher in this class room is teaching concepts far beyond the education that most middle class families are receiving in public school. These upper class families were willing to invest upwards of $195,000 (13 years @ $15,000 per year) in their child’s primary education, so that they could be equipped with wealth thinking, while the vast majority of the children in our country are being taught how to be employees for free in our public schools. This realization only exposes the ever-growing gap between the have’s and the have not’s…the rich and the poor. Please do not mis-interpret my acknowledgement of the wealth gap as an indictment of the wealthy parents that have the means to afford such a school. The middle class should not waste one ounce of thought, energy nor effort in railing against those that have achieved financial success. We do not need to march or picket the school, tee-pee the rich people’s houses or clamour for more tax money for our schools. There is a time to march and express our displeasure with inequity, but this is not one of those occasions. These wealthy parents are simply preparing their children to prosper, and we should follow suit. The wealth gap is the natural output of an antiquated educational system and social interventions perpetuated by the government and the idle rich. My friend and LIFE founder Orrin Woodward wrote a great article that exposes some of these issues entitled, “LIFE’s-Meritocracy…How to end the middle class squeeze” . The middle class seems to be on the short end of the proverbial stick. Millions of Americans find themselves with just enough income to live modestly at best, pay taxes to support our ever-expanding government and it’s programs, but not enough income to provide our children with relevant information for their futures. We turn over our children’s bright minds to the workings of an educational system designed to produce mindless employees and debt laden consumers. While the wealthy teach their children business ownership, long-term vision, delayed gratification, and the power of compounding.
If you find yourself like many Americans, frustrated, worried about your children’s survival, and at the end of your rope. Tie a knot in that rope, join LIFE, hang on, and build! Never before has a business been created to provide the masses of people with an affordable and relevant world-class education. You and I can expose our children to the Rich Dad series for a small fraction of the cost compared to that private school. We too can learn how to renew our minds and prepare ourselves to lead our country into this new and exciting era. An era where wealth thinking is delivered to your mailbox every month, and the opportunity to grow a business and share that information is yours to build every night! We can turn our cars, and living rooms into prestigious institutions of higher learning, and prepare our children to compete in the global free-enterprise system. LIFE exposes the ideas of the wealthy few to the common man, and with a team to help and support the hungry students, we can begin to transform our nation back into the land of opportunity. Long gone are the days of only the rich getting richer, we too can learn from LIFE subscriptions and materials the principles of success that have been previously reserved as luxuries for the few.
Somehow we are going to have to develop a concept of enough for those at the top and at the bottom, so that the necessities of the many are not sacrificed for the luxuries of the few. Marian Wright Edelman