(upbeat music) – Okay I’m here with Alexandra and we’re doing another Millennial Money. And very excited about this program so thank you for tuning in. This will be one of 10 and we don’t know which order they’re comin’ in so. What are some of your
questions when people say get out of debt, what comes to your mind? – When people say get out
of debt, I think about credit card debt, the student loan debt, all that negative debt that people use for shopping and personal things. – And is your idea of debt good or bad? – I have a very negative idea
or connotation towards debt and that’s because that’s
what we were taught in the school system and the
traditional education system, that it’s not so great. But because I have, I work
here and I have these resources and I’ve gone to your seminars, I understand that debt can be powerful and it can be used in a good way and it can generate you money. – So for those listening, debt is a four letter word for most people. There are many people in my position, so called financial gurus who
say live totally debt free. And there’s other people who
say cut up your credit cards. And you know that’s good advice
for certain types of people so you should definitely
cut up your credit cards if you don’t know, you
can’t control your spending. You should definitely. But I don’t know how people
live without credit cards, I don’t know how you
can check into a hotel, rent a car, or go shopping, go
out for dinner, you know, so. But you should cut up your credit cards if you’re a shopaholic,
that’s good advice. And the other thing about debt, there’s good debt and bad debt. So this is gonna be the lesson today, is there’s good debt and bad debt. And if you only have bad debt, which I classify student
loan debt as bad debt. The main reason it’s bad debt is because it’s the worst
possible type of debt. You see if I get into trouble
as a business man with debt I can declare bankruptcy and I’m clean. But the trouble with student
loan debt, you can’t do that. You know, it hangs around your neck for the rest of your life. So if you’re a student,
you shouldn’t take on student loan debt unless you
absolutely 100% guaranteed that you will commit to graduating. Have you seen a lot of
kids drop out of school? – Oh yeah. – And so the problem
with student loan debt is a person has to know what
are they going to study. – You know I have two friends,
they’re both medical doctors. And they came out of school
with $500,000 in medical debt, I mean in student loan debt. But they paid it off in five years because they’re medical doctors. They had high paying jobs. And so they delayed having
families and all this and they’re whole objective was to pay for becoming a doctor. But I think you have friends who have no idea what they’re going to school for. – Yes I have this friend
and she’s changed her major like three different times,
from business to now nursing and it’s a lot of money
and she still has no idea what she wants to do and she tells me, she’s like Alex I want to
change my major from Nursing but I’m already practically done and I can’t pay back this debt so she’s stuck with the nursing career and she doesn’t even like it. – You know when I was your age,
like I think I said earlier is that my classmates were
making like 110, 120,000 a year. Which is not much money,
but for my generation if I made 20,000 that was a lot of money. Do you know what I mean?
Is this out of proportion? So we were the highest
paid graduates in the world and my starting pay was
about 47,000 a year. My classmates were making
three times as much as me. But it’s a choice we make, I didn’t really want
to do what they did so. I had to join a labor union. As ships officers we had to join the MM&P, Masters, Mates, and Pilots. Which meant we were labor union guys. So labor union guys make more money and nothing personal but I
don’t want to be a union member. So I joined Standard Oil of California as a shipping officer and then I didn’t have to join the labor union. But I only got 47,000 a year,
that was the difference. The difference is standard
oil was still sailing and a lot of those labor
union jobs are gone because the pay got too high. – You know what I mean, so
there’s always a good and bad and it’s hard to understand
that when you’re younger but I knew when I was 22 years old, I didn’t care if they
paid me 100,000 a year, I wasn’t gonna join a union,
it was just principle. My father, poor dad, was
head of the teacher’s union and for what I saw (laughs) I
didn’t want to be a teacher, I didn’t want to be a union member, so it was kinda youthful
exuberance on things. But anyway, today it’s
harder because you don’t know what is this mysterious high paying job. And even lawyers today
are having a hard time because they don’t need that many lawyers which is a good thing and
there’s artificial intelligence which is replacing a lot
of the high end jobs. Like even accountants today,
they don’t need accountants because artificial intelligence can do a lot of the work for them. So that’s why for your generation, student loan debt I would say is possibly one of the most important
things you need to decide before you take on the debt. Number one are you going to graduate? And number two what are
you going to graduate as? – [Alexandra] Exactly. – Any comments on that,
anything you want to talk about? – So my dream and passion has always been to be an entrepreneur. But when I started studying it, I told my dad it was the
last thing I would ever do because I thought that
what they were teaching me was what I was gonna be
doing on a day-to-day basis. But these teachers don’t,
aren’t actually practicing what they’re teaching and so they give you this wrong conception
of what you’re studying and reality is the traditional
education, it’s obsolete. What mattered back then does not apply to how you’re gonna run your business now. – You know today, if I
was in your position, you know I was pretty
clear when I was about 15, I wanted to sail the
seas, I sailed huge ships you know throughout the world. But that was a dream of a kid, you know. By the time I was 22, I
was tired of it, you know. I didn’t want to sail the world anymore. So I understand you know
what it’s like to keep, what they call it is finding
your way in life, right? – [Alexandra] Yeah. – That’s not easy. So I commend you guys and
that’s why we’re doing the Millennial Money is because
as these programs progress you’re gonna find out, in my opinion, you guys have a harder road
to go through than I did. For me it was really easy,
there was a lot of jobs, economy was booming and all this. And it was easier so you guys
have got to be smarter, okay? So as far as the subject of debt, there’s good debt and bad debt. Again it goes back to
the financial statement, income, expense, asset, liability. So debt falls in here. So I’ll review, let’s say I’m gonna buy you know everybody says
I’m gonna buy a house. And everybody says my house is an asset. That’s not true, your
house is a liability. I don’t care if you put
no debt on it or not, a house is a liability. Same as if you have a car. A car is a liability and
the reason for that is as we’ve talked about earlier, the six words that are basics of financial education,
financial intelligence, income, expense, asset, liability. And the two other words are cash flow. So when you look at the average person to have a job, money comes in here, they pay for their house,
and the money goes to a bank, through a mortgage, so it’s not an asset because the cash is flowing
out, so it’s a liability. So the definition of liability, does it take money from your pocket? And for an asset does it
put money in your pocket? So when I have a rental property here, it puts money in my pocket. So if I live in the house it’s a liability because even if I have no debt on it, I still have taxes, depreciation, repairs and upkeep,
insurance and all this. When I rent a property, I’ve
done a good job buying it and structuring it, every
month it sends me money. So I started off when I was 25, I had a little one bedroom condo and it put 25 bucks in my pocket, it was a start. So this was good debt, you see, the debt also went out and paid but it also put $25 in my pocket. So net, net, I was making
money from my little house. So today my wife and I own 6,500 of ’em. And every month 6,500 houses
put money in my pocket, my people who live in
’em love me and all this because they have a place to live. But all of this comes from debt. So we don’t, we have they’re 100% financed there, it’s all debt. So this is good debt. And what makes it good debt is are the two most important words, cash flow. Does that make sense to you? – [Alexandra] Yeah. – Any comments on this? – So numerous people my age
actually think debt is horrible and you just showed us a
perfect example of cash flow and how debt can generate income. And many entrepreneurs use this formula to make money on a day-to-day basis. – So what most people do is
they have student loan debt, SL, and that debt is going out this way. You know it doesn’t put
any money in your pocket. You can say well I have a job, well there’s still you working for it. So I don’t work for
any of this money here, I do this job once, set the deal up. Every year I add more
and more and more in it, I’m borrowing money from here, it’s coming here, and going this way. So the debt is putting money in my pocket and bad debt is taking
money from my pocket. So the problem is, if
you’re gonna use debt you’ve got to be much smarter
than this person here. You’ve got to be very, very smart. That’s why I took real
estate classes when I was 25 and I’ve never stopped
taking real estate classes. Because you buy a piece of real estate and you make a mistake,
this turns into a liability. And this, if I get, the
renter leaves the place, this goes here that fast
and the cash flows that way. And it’s going out of my pocket. So it has nothing to do with real estate, nothing to do with the car,
that there was student loan. It has to do with these two words here. So good debt again, is
debt when I borrow for this and it puts money in my pocket. If I had a car and I
borrowed money from it and somebody rented from me
as an Uber driver or something and I put money in my
pocket it would be an asset. My wife and I have a boat and
you know most boats lose money but our boat makes money
because it’s in a charter, you know people rent my boat all the time. So it has nothing to
do whether it’s a boat, student loan debt, a
house, a car, or whatever. It has to do with these two words here. And so most of the time, you know you’ve had accounting classes, they don’t talk much about this do they? – This is something they’ve never mentioned to me in college.
– Why is that you think? – Like you mentioned before, I mean, there’s people that are
actually teaching students something that they don’t
apply in their daily life, something that they barely
have knowledge about and they only learned through a textbook. – But you have, you’ve taken
accounting classes right? – Yeah exactly, I did. – You made A’s in it? – Well I did finally get a high grade the second time around but that was because I had a
real accountant teaching me the real applications of accounting. As opposed to a fake teacher, right? So your advisor, Tom Wheelwright
taught me in one hour what I could have learned
the entire semester with this one teacher that wasn’t even an accountant in his real life. – A big lesson for you is
that it’s nothing to do with the house, the car, the student loan, it has to do with
where’s the cash flowing. If the cash is flowing in
to your income statement, into your pocket, it’s
an asset, it’s good debt. But if it’s taking money from
your pocket, it’s bad debt. About debt, there’s
good debt and bad debt. Any comments on that? – Well I think just like Trump, you know how to apply the rules of debt and he calls himself
the king of debt, right? – If you’re gonna be successful at whether you’re employee or entrepreneur, you’ve got to control the
direction of your cash flow. So like most people here,
we’ve talked about earlier, they got a job and the
cash flows out here, it goes to the government, called taxes. Trump doesn’t do this, I
don’t do this, legally. The reason’s ’cause we’re
entrepreneurs, not employees. Employees have this, entrepreneurs don’t. Because it’s a type of asset. Any other thing? – [Alexandra] I’m good. – So what would you like to say to the young millennials
listening to this? – I’d say don’t be afraid of debt and if you know how to use it, use it. – Good debt puts– – Money in your pocket. – Could a credit card be good debt? – Well it just depends what
you spend the money on, right? So if you spent it on something that’s gonna produce income for you, like an asset then it’s good debt but if you spend it on let’s say a jacket that you wanted
from Burberry, then it’s not. – First property there, it was
in Maui, Hawaii, the 1970s. I bought it with a credit card. – Wow. – Property was $18,000 my first, but I’ve taken several real estate classes and so I knew what to look
for, I found this one property. It took a long time, when I found it, I just broke out my
credit card and bought it and it put $25 in my pocket. It went from this little,
janky little thing. This was years ago, $25. It was good debt, I wish
I had never sold it. I don’t, you know it was
a big mistake to sell it because today it’s probably
worth four or 500,000 and that’s a whole ‘nother story. That’s why I don’t flip properties, you know, I don’t like to do that stuff. So anything else, so good debt, what? – Money in your pocket. – And bad debt what? – Takes money out of your pocket. – That’s all there is.
– Yeah. – Thank you.


  1. monhuntui says:

    gamers need to stop gaming in the real world

  2. Richard Benoit says:

    Thanks for the post.

  3. Jeffrey Richardson says:

    lauries decision
    dog mikes jodys derision
    scotts film percision

  4. Brian L Frankli says:

    Wow, such cool insights.

  5. Ricardas Vukovas says:

    Dave Ramsey joined the chat:

  6. pankaj chandwani says:

    I'm rich and the poor life calls me and I love it

  7. ritesh_a agrawal says:

    How do you borrow from Liability into Asset or use Liability to finance an Asset? Can I have an example please! Thanks!

  8. Rishabh is watching you says:

    Your theory does not work in today's world. Think practical.

  9. Steve McCreanor says:

    How can a rental put money in your pocket? All that income from rent has to go straight into the rentals mortgage, rates and insurances. You end up being out of pocket. I don't see where Roberts imaginary $$ comes from.

  10. Romullus says:

    so this tax thing. Not much is still being spoken about it. If im guessing correctly is it true that you can write the taxes off since the asset is generating you income and the person renting the house is paying property taxes?

  11. Daniel Danio says:

    Obviously a premade interview.

  12. Yeihtai Konyak says:

    I love girl here

  13. The Emotional Intelligence says:

    If you’re reading this I pray you become successful beyond measure

    For anyone who l liked and commented something positive on this comment, I just want to thank you guys and wish for the fullfillment of your dreams, every great dreams 🙂

  14. WalayatFamily says:

    VERY BAD ADVICE. You can generate cashflow from the property you live in i.e. from a home office, much cheaper than paying for separate premises.

  15. Jason Jammin says:

    Buying a house is a investment.But you got to understand.why woul you pay rent and not ever to be able to get that money back.

  16. King RoB ThE GreaT says:

    im glad im not the only dummy who changed his major a bunch of times

  17. Mark Vlogs says:

    i wonder how can i get that super entrepreneur shirt 🙂

  18. Simon Pruszynski says:

    Its not debt, its investment.

  19. Don DeLillo says:

    His teath are fake

  20. Fountain of Truth says:

    The only way to gain anything is through the willingness to risk everything.

  21. furyberserk says:

    Good debt is debt you know how to use to make money. It's still potential bad debt. It's bad because most people don't know how to use it and there are still those who fail who have experience as well. There is no good debt.

  22. Aaron Banks says:

    This only works when property prices are stable or rising and interest rates are low. 100% finance is fucked in a falling market if you’ve bought anywhere other than bottom. Rising interest rates will fuck this too….

  23. Tambe ji says:

    You just again and again saying Good Debt and Bad Debt but come to the point how to utilise that debt to get financially free

  24. Daniel Garcia says:

    TL:DR Good debtPuts money on your pocket, Bad debt> takes money out of your pocket

  25. J O says:

    In 2008 I did all the 'right' things I was taught: get a stable job (state government employee), buy a house with low interest rate with 15 year loan, invest in the state retirement plan, maintain good credit rating, raise kids and provide a path to pay for their education. I was happily working with a goal of early retirement (after 25 years service) at age 57 at the same time the house would be paid for. I also worked as a university professor with benefits of free education for employee children. In 2008 I was laid off from my state job, lost my house in a short sale, and lost my good credit. After going from good to bad in a year's time frame, I lost my faith in doing the 'right thing'. I avoided banks, loans, and investing. Instead I reduced my expenses to the minimum living standards and increased my knowledge and capabilities to be prepared for future opportunities. Without a good credit rating, investing in real estate, etc. was virtually impossible. Although Robert Kiyosaki taught valuable information for today's young people, I would love to hear more about how to recover from a personal mid-life financial disaster.

  26. Peter Gambier says:

    Summary, if I get a credit card, max out the accounts money credit to buy a shed load of Peruvian snow in south America and bring it home I may double or triple my investment.
    Risks…………jail time, a criminal record, friends and family disappointed but curious, being caught by the feds.
    Benefits…..debt free, give my wife the holiday she deserves, freedom to follow my passions and probably continue doing what I do, buy my kids a home each………the list is endless but it's certainly worth it to succeed.
    Obviously I'm not going to do it but if you don't take risks but I can still remember my two grandparents saying 'Never a debtor or borrower be', 'invest in land, bricks and mortar', 'put a third back for taxes, a third back for saving and the rest you spend on living', and just as Robert said 'Gods money, gold and silver'.
    What is so tragic is the way that since Nixon, his cronies and the sorry mess that is our leadership messed with the gold we have been consistently butt-plugged ever since. Also the way that people like Richard Fuld, Larry summers, Senator Phil Gramm, David McCormick, Scott Talbott, Glenn Hubbard and many more got away with so much after the crash.
    I also wonder why we still allow off-shore accounts and tax havens if they are not designed for fraud? and why did it take the SEC is so corrupt when it was set up to stop any financial fraud and in the case of one of the biggest frauds Bernie Madoff, why, after they were told, did it take them over 10 years to deal with it?
    People want to see justice, they are so pissed with the way things are like the MP's expenses scandal, they way the UK government has tried to stop a peoples vote on brexit from going through because it will cost them a lot of money in lost revenue.
    Lastly what the Panama and Paradise papers and Enron have so eloquently shown us along with anything that highlights the inequalities in this world.
    We just want to see some heads rolling and those people paying back all that money.

  27. Tracy LF says:

    Look, this is all well & good, but the guy already said that he grew up in the best time, jobs everywhere, good pay, good economy…He had an honest, working father, a chance to work & save and then take off. But today– most people are starting out on the unemployment line. Some can't get into uni. And for those who do, even IF they choose a good career– jobs are scarce. Does Robert live somewhere? I assume he must. Does he pay rent or does he live in his own home? It's disingenuous to show up after you've had all of those opportunities and then try to say, "it's simple", ignoring OUR world reality, now. I'd like to see him give a talk on precisely HOW he can help a group of uni-debt grads who have student loans, no job prospects, little or no money– because their opportunities have been wiped out by the crooked banks. What does he say about that? I'm not impressed by people for whom wealth is their deity.

  28. Wojciech Kaniewski says:

    I don't have bank account for 12 years now. Fuck Banks Fuck Economy cheaters. There is so much money around that if you poor it means you are lazy! – no1 need debth but banks!

  29. Michael Yang says:

    Please get rid of the girl.

  30. Rui Hou says:

    so house ownership is a liability(bad debt) but rental properties are good debt? if you own a house you won't pay rent to pay off landlord's mortgage, also even the house value is depreciating but the land is however appreciating, that's why most of the house owners get capital gain after selling the house (your rental properties need upkeep, insurance, and needless to say risk of being stuck with bad bad tenants), so the way he claimed that IMHO is way oversimplified, I am not saying he's totally wrong, but it's oversimplified. Or maybe he wants to use this as an example to justify his point of view.

  31. Winyee Low says:

    Is Robert the creator of this channel? If yes can talk about something more Substantial instead of repeating the same thing over and over again? Would really appreciate that.

  32. Brittney Pearson says:

    This is the BEST channel on YouTube🥰

  33. Lilax Wu says:

    i am making 12 000eur yearly, i am a beggar

  34. Fabrizio Scardovi says:

    I think that the good debt is when you own me money.

  35. Jean Laubenthal says:

    It must cost something to manage over 6,000.00 rental properties. One must be checking on those homes and qualifying renters.Keeping meticulous records of the true cost of time, money and other resources…others time.

  36. Jean Laubenthal says:

    If you buy quality clothing that will last you will save money over time. Also, buying quality clothing resale might be even better.

  37. salanny mhlanga says:

    School associates money with sweat. But then if this was true, you will be dead before even becoming a millionaire.

  38. salanny mhlanga says:

    The 1800 -1900s Industrial Revolution increased the need for specialised workforce, as demand for finished goods outpaced the production. The solution was to build more universities to train these specialised people (EMPLOYEES). Varsities therefore, were not created to produce entrepreneurs but skilled workers. Funny enough, the owners of the businesses then had no varsity education!! Its not surprising then that we have so many billionaire college dropouts, college isn't a factory for entrepreneurs.

  39. Diego S says:

    All teachings are something we all need since we are little kids!

  40. Rannier Louzada says:

    A note I got from this:

    Robert doesn't flip properties. He does the Warren Buffet thing… He buys and holds… when he holds, he makes rental income with it.

  41. We Deem! says:

    For the most part deep down inside I knew all that Robert teaches but real question is how does a 36 year old get rid off his debt fast and how to get a house with creating a liability?

  42. Primus pilus says:

    What a bullshit…good debt and bad debt my ass.Let`s talk about real estate.You need a house, yes?how do you buy a house?you get a loan from the you have a house and a huge loan.You rent that house to a family..and you get paid…the only problem is, that what you get from the person who lives in the house have to put it back in the bank because you have a loan on the house!! so you make 0 profit!Let`s say you somehow manage to get more from the house in a month than the debt you ow the bank..let`s say you make 50 $ many years do you need to rent that house to buy another house?that`s least 20 years till your loan is gone..and at least another 10 after that till you can make enough profit to buy another in 30 years you get to buy another if you start at the age of`ll be 50 when you get your second house!So that`s that..So much for good debt!

  43. Peace PL says:

    Its very annoying the way she says "right".. Rayyyyiiii


    Anyone interested in multiplying their income and learning how money works for you using kiyosaki's principles? Email me and I can show you how many people are winning from simply learning a skill on your phone. [email protected]🤑👌🏾

  45. Ashish Bhardwaj says:


  46. jurie Matthysen says:

    Is there any books that you can suggest on financial literary?

  47. jurie Matthysen says:

    Can you recommend any books on real estate?

  48. Clerance Blue says:

    What is your sample about good debt but not expensive?

  49. Mark Olara says:

    Robert, please don't cheap out of actresses. That one can hardly read her lines, man.

  50. Reggie Milla says:

    He talks about himself; egoistic. Not everyone can do what he did. Most kids have to get student loan and are not "lucky" as him 👎

  51. Jace O says:

    Contact john_mcneese_on Instagram or mail him on [email protected](he does not take upfront payment) if you need help about forex trading , Bitcoin hacking your PayPal,credit score fix, bank account,western union hack,money gram,credit card hack,instagram verification, facebook and many more..
    His fast and reliable .

  52. amber Layman says:

    Woah woah woah what since when and how do entrepreneurs not have to pay taxes? I was under the impression any income, no matter what type has to be paid taxes on. Please help me understand what you were talking about @The Rich Dad Channel .

  53. Arub Bathari says:


  54. nibor77 says:

    I was with him until the end where he said he's been taking real estate courses for the past 25 years….if he's "anti-school" because the education system isn't teaching kids how to create wealth, then why take real estate courses? Isn't that a form of education? He lost me there……

  55. Dewald Matthee says:

    Hi Robert, thx for the amazing video. I am an Accounting student and this is kinda mind blowing to me. I am in South-Africa, so I was wondering where can I get free or cheap real estate classes?

  56. john calangi says:

    I'm disappointed. I thought this was real. Hours of my time wasted. Thanks, Robert.
    See the video of him caught, look at how guilty he looks. You be the judge. Watch the whole thing if you have to. I give you part three to save you time.

  57. Nester Ness says:

    I cant watch this chick its like shes a puppet

  58. Marc 1975 says:

    I would like to see how you manage to succeed from the bottom, in my country, with the real state field, where you ask 100k at the bank to buy a property and then you have to return back almost double, also they only loan the 75-80% of the property value price, which they calculate, not you, and finally you have to expend another 20% extra of the property cost to pay taxes and paperwork ownership

    don't get confused though, if I ever get a few million I will definitely do the buy and rent thing too, but cash no loan, all people who has money do so and it's obvious it works well. Start an enterprise like a rental company or so and keep going, that's the best investment you can do

    money makes money

  59. Katherine Searing says:

    I do not have debt and I do not have bills, I do not have credit cards, I do not have any student loans, I was always told by my mother, she yelled it at me. "I don't want to hear the phrase", "I can't". And I believed her.

  60. Arun P says:

    how is alexadra skin so spotless…makeup or photoshop?

  61. John Tiedemann says:

    So amazing,Thank you 😁!

  62. Debra Lee says:

    Dear Robert, you are following in your "poor Dad's footsteps as a teacher, integrating the best of both your Dads. I'm a late bloomer older student. Your lessons are life changing and invaluable to people at any age. Thank you 🙂

  63. Victor Bocanegra says:

    What a lesson!

  64. Nigel Spence says:

    Living with my five credit cards very nearly lost me my home, I was very close to forced bankruptcy,so don't get it…

  65. Nigel Spence says:

    House is a asset, I bought my first house for £25,000 and sold for £50,000, so made me money. I'm now mortgage free and have another house that I rent out, which is also an asset, and is making me money,,,

  66. Nigel Spence says:

    What about all the interest on those credit card debts?

  67. centenario de oro says:

    If Robert taps that girl in todays world it's a liability.

  68. Ashok Shah says:

    A house,a car, wife,kids,parents are liabilities but we can not live without them. They may not teach you some things but you have to go to a school and a college otherwise you will be illiterate. The money may be fake,but you need it to survive.
    Banks don't give you a loan unless you have a steady income and property to pledge. You need devil's luck to be a Trump or Kiyosaki.

  69. NeVer Again says:

    Do you recommend putting rental properties into an LLC instead of in your name

  70. monicaalfonso11 says:

    Where can I take real state classes?? The ones that really helps.

  71. Talon x Williams says:

    "Real economist don't teach economy in college"

  72. Larry Born says:

    Yes we know in order to make money you need money. So the question is if you don’t have 200 grand to buy a spare rental property to make money then how does that work ?

  73. Marcos Ledesma says:

    The lesson cool and all, but that girl pretty as hell

  74. New Watchmen Ministry says:


  75. 3sidesofeve says:

    She makes a great point that noone else is saying.. Colleges ARE NOT teaching from experience. It's a rip off and obsolete learning!

  76. fredrick lukyamuzi says:

    Thanks the trick is that money must work for you, at richness is about the multiplier effect on your money.

  77. Seb Joseph says:

    How do we receive similar financial education if we don't have access to Kiyosaki seminars?

  78. Firmn_L L. says:

    College is good but you should college is delusional way to think I think was bombarded and drilled in my brain by my uncle when I worked for family. And constant reocurring conversations about high cost tuition going to great university, Harvard–.. If I can't get a grant great. But financial aid, lol..

  79. bradley jordan says:

    She is fiiiine 😉

  80. imaMickeysman says:


  81. Timothy Ma says:

    This shit is so scripted

  82. Reazar87 says:

    She's literally just copying what Robert has said in previous interviews, she's just saying it in her own words.

  83. S Missions says:

    Well there's the difference. In this country, bankruptcy is a sort of sin. If you're bankrupt (or have been bankrupt) you will never be able to get a loan.. this saves us from stuff that happens in the US (like the Savings and Loan scandal) but OTOH it does stifle entrepreneurism a bit.

  84. Max Lob says:

    What about rising interest Rates when you finance your assets with debt?

  85. Neurotic Arts says:

    You know if the modern system actually supported people and let them decide for themselves what they wanna do and be, then you would not be stuck with nurses or workers that dislike their jobs and start underperforming. – You see it all over… People that are unhappy, underperform… they make the lives of co-workers miserable and then they start underperforming…

    Youth / young adults quit their jobs on the fly because they don't like how they are treated and that is only after they started producing faulty products or let mistakes happen…

    – Maybe they won't really clean your desk, maybe they'll use spit to shine it…
    They'll throw your carefully packed bags on the conveyor belt instead of placing them…(I have seen that on video…)
    They'll spit in your food if they hate working at Mcdonalds…( Just look at Gordan Ramsay's Kitchen nightmare's, some of the worst dishes are made by the unhappiest cooks.)

    Fact is, no one wants to trade in their life for constant work, be underpaid and underappreciated, it is becoming clearer that fewer people take on professionalism in whatever they do…

    If your IT programmer does not pay attention to his coding because he or she is hating it, then your business could lose a lot of money…

    It is funny but: – what goes around comes around, and if we do not treat each other with the respect each one of us deserve, then you will not be respected, even if you do not see it happen…chances are you already ate someones spit. just a fact of life… we humans pretend way to much.

  86. Z says:

    become a slum lord it will be great

  87. duy do says:

    control where your cash is flowing. into your pocket, or to the bank. Use debt to buy assets, not liability

  88. Steven Echeverria says:

    Take all the free you can get from this guy, but DO NOT BUY HIS COURSES only book worth reading from him is richdadpoordad, everything else is a scam

  89. Sugar Daddy says:

    she does have a good debt, show owes me her phone number.

  90. Mehtap Ali says:

    This man can prove 0=1🤣🤣🤣

  91. Jejeboy Rich says:

    What is that red thing that he wears around his wrist?

  92. Festus Mburu says:

    I love the descriptions Dad, but how do you ensure the liability that is debt, in this case, goes into a profitable asset to create an income?
    An investment with a return and not an investment with extra loss that is a greater liabilities.

  93. Owen Daniels says:

    I guess all the millennial stuff will be out of your system in a few months. I'll resub then. Millennials have bigger issues to deal with safe spaces microaggrression and transgender identity studies

  94. Mess Over says:

    Brilliant! I’ve always thought how people like Trump can bounce back and just realized it’s not their own debt. 😲 I had it backwards all my life. At age 46 I’m just discovering this but I’m willing to work at it. Thanks for the info.

  95. Luis Valencia says:

    How can I be able to borrow this debt? Where should I go to take classes? I love the boat idea.

  96. Lawson Harrison says:

    I thought it was mostly just millennials that will do anything to avoid work. But i guess it's people as a whole.

  97. Jeffry Ferdian says:

    So my simple question is: how do you purchase a primary residence for you to live which will not become liability? I can understand buying second property to create cash flow. We still have to depend on job or other income for our own roof?

  98. D. Smith says:

    Bunch of bologna.. You must have money to make money.

  99. mz27pretty says:

    I need a mentor.. I have bad debt..
    I wish a rice mentor would offer there time to me

Leave a Reply

Your email address will not be published. Required fields are marked *