Post
Topic
Board Economics
Re: richdad poordad has no more guide after achieving freedom
by
el kaka22
on 23/01/2024, 18:48:24 UTC
Kiyosaki has the oldest blueprint in the history of the world and still trying to get something out of that means that you have no idea how the world economy is going around today. Yes, Rich Dad is saving and investing and getting debt and growing so that eventually he could retire a rich person, sure having debt is not bad in that regard if you are using it to get assets, and poor dad doesn't do that and instead spends excess money to getting brand new iphone, starbucks coffee each morning, and all that.

But right now, people are making money that would not worth a house if they worked for 20 years and put all the money into mortgage, maybe not all around the world, but in my nation, if I do not spend a dime from my salary, and put it aside for 20 years, it still doesn't worth a single house. So Kiyosaki is outdated, and not relevant to today.