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I just read something that summarizes quite well the philosophy of the 'rich dad' about finance. Robert Kiyosaki continues to insist that he owes between 1 and 2 billion dollars to banks, and the most interesting part is that he literally isn't losing sleep over it. His argument is straightforward: if he goes bankrupt, that's the bank's problem, not his.
However, what many people don't understand about Robert Kiyosaki is that he doesn't see debt as a burden that crushes you. For him, it's the exact opposite — a tool that should work in your favor. While most people run from red numbers, this guy uses them strategically.
What does he invest his money in? Gold, silver, cryptocurrencies, real estate. Basically, assets that have historically proven to better withstand inflation and economic crises compared to cash, which devalues in your bank account.
The logic behind Robert Kiyosaki's debt is this: good debt is the one that generates value, the one that works while you sleep. Bad debt is the one that consumes your salary every month without leaving you anything. It's almost the opposite of what you're taught in school about personal finance.
Of course, this isn't for everyone — it requires knowledge, timing, and a certain level of initial capital. But it's the reason why figures like Kiyosaki maintain their position even with such large numbers in the red. The game is completely different when you understand that debt can be an asset, not just a liability.