
PLM 702 : Robert Kiyosaki - Rich Dad, Poor Dad: How To Use Debt To Get Rich
The Project Life Mastery Podcast
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The Importance of Financial Education
Every 10 years or so there's been a crash in anticipating ones coming. What could someone do to educate themselves, prepare and take advantage of a potential crash? Well what's wrong with the crash? That's what people don't understand. Crashes are basically like Neiman markets having a sale. So when the markets crashed my partners and I borrowed 300 million bucks and we bought more property. We're now almost 600 million in debt which has passed half a billion. But we get very rich off of debt but that takes financial education. Cash flow is the only board game that encourages you to use debt. If you don't know how to use debt then follow Dave Ramses rule of debt
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