Rich Dad, Poor Dad author Robert Kiyosaki says things are about to get bad… really bad. But there are ways to protect yourself, and he offers up his advice in this short video:
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About Robert Kiyosaki:
Robert Toru Kiyosaki (born April 8, 1947) is an American entrepreneur, businessman and author. Kiyosaki is the founder of Rich Global LLC and the Rich Dad Company, a private financial education company that provides personal finance and business education to people through books and videos. The company’s main revenues come from franchisees of the Rich Dad seminars that are conducted by independent individuals using Kiyosaki’s brand name. He is also the creator of the Cashflow board and software games to educate adults and children about business and financial concepts.
Kiyosaki is the author of more than 26 books, including the international self-published personal finance Rich Dad Poor Dad series of books which has been translated into 51 languages and sold over 41 million copies worldwide.
Kiyosaki operates through a number of companies that he owns fully or in part, and through franchisee arrangements with other companies authorized to use his name for a fee.[15] This includes Rich Dad LLC, Whitney Information Network, Rich Dad Education and Rich Dad Academy.
Kiyosaki’s financial and business teachings focus on what he calls financial education: generating passive income by focusing on business and investment opportunities, such as real estate investments, businesses, stocks and commodities, with the goal of being able to support oneself by such investments alone and thus achieving true financial independence.
Kiyosaki uses the term “assets” for things that put money in one’s pocket. He stresses the importance of building up an asset first to fund one’s liabilities instead of saving cash or relying on a salary from a traditional job.
