This assignment is about a book called “Rich Dad and Poor Dad” by Robert Kiyosaki. It has a lot of useful information and has some drawbacks. Now I will explain 3 misconceptions mentioned in this book. Firstly, as Robert Kiyosaki points out, it is possible to start a personal life just by getting financial knowledge without going to school. But in reality school serves as preliminary fundament for children to prepare for life. It broadens their horizon and perspective helping them to gain a lot of knowledge through it. For instance, even the Bill Gates and Elon Musk also went to school and with the education they learned at school they both managed to get financial knowledge that paved the way for they to proceed and prosper in their fields relentlessly.
Secondly, another cons of kiyosaki’s work is that in order to get financial education, young people need to study and work at the same time. In many countries, the laws centered on human rights prohibit the employment and use of children. Because this situation may bring with it various bad consequences. For example, they may derive some more negative traits, feeling prematurely as a result of being exposed to the workplace at the early age. And also, parents are not only unwilling to let their young children to drop off school but also they want them to be safe and consume a particular amount of knowledge until they reach to adulthood when they would be able to feel responsibility and make some choices and decisions in the right way in all respects. Studying at school prior to learning financial education would guarantee the prosperity of their own and the country they are in living as well.
Thirdly, in many developed countries such as The United States, Germany, The Great Britain, Russia and Korea bank loans are given at low interest rate. According to Robert Kiyosaki, his advice which is aimed at helping people all around the globe may be applied successfully in sort of these highlighted countries above but in developing countries bank loans have significantly higher interest rate and taxes on deposits are much higher than their counterparts. For instance, in Uzbekistan and some of other Asian countries Robert Kiyosaki’s point about loan may turn out to be somehow useless since they have limited ones with significantly high interest rates.
In conclusion, as coin has two sides, although the work of kiosoki is full of invaluable advice and tips, readers should take the contents into serious consideration. 
This assignment is about a book called “Rich Dad and Poor Dad” by Robert  
Kiyosaki
. It has  
a lot of
 useful information and has  
some
 drawbacks.  
Now
 I will  
explain
 3 misconceptions mentioned in this book.  
Firstly
, as Robert  
Kiyosaki
 points out, it is possible to  
start
 a personal life  
just
 by getting  
financial
  knowledge
 without going to  
school
.  
But
 in reality  
school
 serves as preliminary fundament for children to prepare for life. It broadens their horizon and perspective helping them to gain  
a lot of
  knowledge
 through it.  
For instance
, even the Bill Gates and Elon Musk  
also
 went to  
school
 and with the education they learned at  
school
 they both managed to  
get
  financial
  knowledge
 that paved the way for they to proceed and prosper in their fields  
relentlessly
. 
Secondly
, another cons of  
kiyosaki
’s work is that in order to  
get
  financial
 education, young  
people
 need to study and work at the same time. In  
many
  countries
, the laws centered on human rights prohibit the employment and  
use
 of children.  
Because
 this situation may bring with it various  
bad
 consequences.  
For example
, they may derive  
some
 more  
negative
 traits, feeling  
prematurely
  as a result
 of  
being exposed
 to the workplace at the early age. And  
also
, parents are not  
only
 unwilling to  
let
 their young children to drop off  
school
  but
  also
 they want them to be safe and consume a particular amount of  
knowledge
 until they reach to adulthood when they would be able to feel responsibility and  
make
  some
 choices and decisions in the right way in all respects. Studying at  
school
 prior to learning  
financial
 education would guarantee the prosperity of their  
own
 and the  
country
 they are in living  
as well
. 
Thirdly
, in  
many
 developed  
countries
 such as The United States, Germany, The Great Britain, Russia and Korea bank loans are  
given
 at low interest rate. According to Robert  
Kiyosaki
, his advice which  
is aimed
 at helping  
people
 all around the globe may  
be applied
  successfully
 in sort of these highlighted  
countries
 above  
but
 in developing  
countries
 bank loans have  
significantly
 higher interest rate and taxes on deposits are much higher than their counterparts.  
For instance
, in Uzbekistan and  
some of other
 Asian  
countries
 Robert  
Kiyosaki
’s point about loan may turn out to be somehow useless since they have limited ones with  
significantly
 high interest rates. 
In conclusion
, as coin has two sides, although the work of  
kiosoki
 is full of invaluable advice and tips, readers should take the contents into serious consideration.