With a high literacy rate and a strong work ethic that embodies the samurai code of conduct, it is easy to assume Japan is well placed in the global race for economic ascendency.
But Robert Kiyosaki, an entrepreneur and author of the top-selling personal finance book "Rich Dad Poor Dad," says the Japanese, like the majority of people in the world, are missing the most important pillar of success: financial education.
Financial literacy is learning how to control and build cash flow while living an abundant life as opposed to living a life dictated by the size of a paycheck, according to Kiyosaki.