The Ben Shapiro Show Robert Kiyosaki | The Ben Shapiro Show Sunday Special Ep. 128
Jul 10, 2022
Robert Kiyosaki, bestselling author of "Rich Dad Poor Dad," shares insights on financial independence and entrepreneurship. He discusses the evolving economic landscape and critiques traditional financial advice. The conversation navigates good vs. bad debt, the impact of national debt, and unconventional investment strategies like cryptocurrency. Kiyosaki emphasizes the importance of financial literacy for children and encourages a capitalist mindset, reflecting on the American attitude toward wealth in today’s society.
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Rich Dad vs. Poor Dad
- Kiyosaki's Rich Dad Poor Dad contrasts his educated but poor father with his wealthy, eighth-grade dropout Rich Dad.
- This upbringing exposed him to opposing money mindsets.
Vietnam Gold
- Kiyosaki learned about gold's value while in Vietnam during the gold standard's abandonment.
- He attempted to buy gold behind enemy lines, highlighting its importance outside government control.
Good Debt vs. Bad Debt
- Understand good debt (others pay off) vs. bad debt (you pay off).
- Use good debt strategically, like tenants paying off a property loan, for wealth building.
