Robert Kiyosaki, a best-selling author and seasoned investor, has a distinct philosophy on debt and investment. In a Nov. 30 Instagram reel, Kiyosaki elaborated on his debt philosophy, highlighting a critical distinction between assets and liabilities. He said many people use debt to buy liabilities, while he uses debt to purchase assets. To illustrate his approach, Kiyosaki said his luxury vehicles, like a Ferrari and a Rolls Royce, are fully paid off, categorizing them as liabilities rather th
He’s the most huckstery of the major personal finance canon authors. And his book is pretty meh in comparison to like The Simple Path to Wealth or even I Will Teach You To Be Rich (which I have my own problems with). I feel like he just got in at the right time to go viral, he shouldn’t be famous based on the book itself.