Rich Dad Poor Dad Audiobook By Robert Kiyosaki cover image

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Rich Dad Poor Dad Audiobook By Robert Kiyosaki

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What Kind of Insurance Do You Have When You're Starting Out?

When you're at the poor level and many, many wealthy people start out at this level and I was very poor. There's no, you know, nothing bad about it. You have the opportunity there just to protect possibly your income. That's what the rich do. They control their wealth even after death. They do it via trust, insurance. Right now I'm talking about Diane because I have several pipelines in place. The money is starting to pour in. It's another kind of problem. And that's called split dollar life insurance and etc. One of the things that I'm always hearing is you buy term life insurance and invest the difference in mutual funds. That is a strategy

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