In this eye-opening clip from The Iced Coffee Hour podcast, financial expert and author of Rich Dad Poor Dad, Robert Kiyosaki, reveals a fundamental difference between how the wealthy and the average person view and use debt.
Kiyosaki argues that not all debt is bad. He explains the crucial distinction between “good debt” (which puts money in your pocket, like real estate mortgages) and “bad debt” (which takes money out, like credit card balances). Discover why the rich leverage debt as a tool for accelerated wealth creation and how you can adopt this mindset to secure your own financial future.
It’s people like this.
Yeap , u turn your gambling risk into what u say is now the bank’s problem, that it turns into everyone’s problem.
Everyone else suffers the consequences.
Robert K crazy hahaha
Crook! Plain and simple. Borrows all his money against his in debt assets and writes everything off.
Sounds like we need to abolish banks
Why no one asks his net worth? It’s all in relation. If his net worth is 100 billion then 1.2 doesn’t matter
Bro was definitely on the list
The guy is a joke. Never follow his advice
this is FAKE
It’s the American taxpayers problem
Mark cuban said the exact same thing about bankers taking him out to lunch
How is it their problem?
He was always the poor dad .
Remember people like this when the revolution comes
This guy is so full of bs, never any specifics or receipts
More money, without "actual" value = inflation.