The Daily Motivation

STOP Saving Your Money And Do This Instead | Robert Kiyosaki EP 422

Nov 3, 2023

05:13

Snipd AI

Robert Kiyosaki, a financial expert and author, discusses the importance of investing over saving and the need for knowledgeable teachers and mentors in times of economic uncertainty. He emphasizes taking calculated risks, leveraging resources, and making informed decisions to achieve financial success.

AI Summary

AI Chapters

Episode notes

Podcast summary created with Snipd AI

Quick takeaways

Saving money may not be the best option in times of money printing and low interest rates; alternative investment strategies should be considered.

Choosing teachers and mentors carefully is crucial; seek guidance from successful individuals and learn from books, YouTube channels, and real-world mistakes.

Deep dives

Saving money during times of money printing and low interest rates

In this episode, the host discusses the concept of saving money and whether it is a viable strategy during times of money printing and low interest rates. The host argues that saving money may not be the best option due to the Federal Reserve's printing of trillions of dollars and the prospect of zero interest rates. He suggests that instead of saving, individuals should consider alternative investment strategies to protect their wealth.

Investing vs Saving: Finding Knowledgeable Teachers and Mentors

6min

Order a copy of my new book The Greatness Mindset today!

Robert Kiyosaki urges listeners to stop saving their money and provides a powerful alternative strategy for financial success. He emphasizes the importance of taking calculated risks and investing wisely, encouraging listeners to step out of their comfort zones. You will learn how to leverage your resources, make informed decisions, and build a path to financial freedom. Tune in to discover Robert Kiyosaki's valuable insights on wealth creation, and embark on a journey towards financial prosperity.

LISTEN TO THE FULL EPISODE!