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4min chapter
Rich Dad Wisdom with Robert Kiyosaki (WiM033)
The "What is Money?" Show
The Rich Dad Strategy
The rich dad strategy is really just to increase the asset side of the balance sheet, largely through the difference between income and expenses. So i borrow four million here, my basis, i make one million. Here, borrow four, i met five here, i depreciate five daca. And that is o that offsets all the income that was produced originally. I wrote this book for to day because i think it's importent that every young person know, bean ancpanola, you're cruising into a higher tax bracket.
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