Robert Kiyosaki Blog

Financial Education Portal inspired by Robert Kiyosaki

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Rent Out Your Home. Cut Your Taxes.
Aug22

Rent Out Your Home. Cut Your Taxes.

Cherie Kerr wants out of her home. The 65-year-old comedian and public speaking coach paid $590,000 for a 1,150-square-foot Los Angeles condo two and a half years ago–only to find the construction so flimsy that her upstairs neighbor woke her up by dropping a coin on the wooden floor. “A defect hell,” fumes Kerr of her newly built abode. She has moved back into a suburban home she still owns and would love to unload...

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The Rich Dad Difference Videos (#9 – #11)
Jan12

The Rich Dad Difference Videos (#9 – #11)

Video #9 – Life’s 4 Quarters Video #10 – The CashFlow Game Video #11 – The Cone of Learning (Last...

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The Rich Dad Difference Videos (#5 – #8)
Jan10

The Rich Dad Difference Videos (#5 – #8)

Video #5 – Bad Debt vs Good Debt Video #6 – Live Above Your Means Video #7 – 3 Types of Income Video #8 – Investing isn’t...

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Don’t Fear Failure

~ Robert Kiyosaki One of the reasons so many people don’t become entrepreneurs is because they’re afraid of failing. They’re afraid of making mistakes. They’re afraid of losing money. But if people can’t overcome these psychological fears, they’d be better off keeping their day jobs. In the early 1980s, when my first major business failed, I thought I was the stupidest person in the world. Being...

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Don’t Let Tough Times Get the Best of You!

Robert talks about how to make the best of this economy and come out on top in this interview on one of the most highly viewed stations in New York, Fox 5. Read more here: Don’t Let Tough Times Get the Best of...

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Why Are Americans So Willing To Dig Themselves Deep Into Debt?

The New York Times has an article that tells the story of Diane McLeod and her insurmountable debt. http://www.nytimes.com/2008/07/20/business/20debt Even though she’s going through foreclosure on her home, she’s still getting credit card offers from “Urban Bank!” With the aftermath of the sub-prime crash still wreaking havoc, Americans are finding themselves in very uncomfortable debt positions. The blog post on the...

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Why Financial Experts Don’t Work
Sep26

Why Financial Experts Don’t Work

~ David Shafer ~ The hardest thing for some folks to understand is why taking advice from or turning your money over to experts doesn’t work.  After all, that is what we have been trained to do, listen to experts! There are two problems with this strategy. First, is the problem of our own emotional/mental structures.  Taking advice from experts doesn’t change our own mental structures.  If we don’t change the way we think about money,...

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Your House Is Not An Asset

In the video, Robert Kiyosaki (of Rich Dad, Poor Dad fame and someone with more knowledge than me) explains exactly why (with a helpful accounting diagram) the house you own is not an asset and, instead, is a liability. Kiyosaki makes some very helpful points, such as: People today call their liabilities “assets”; The concept that an item that takes money out of your pocket is a liability, and an item that puts money in your pocket is...

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Getting A Millionaire?s Mindset
Jul24

Getting A Millionaire?s Mindset

Let’s face it; we all don’t make millions of dollars a year, and the odds are that most of us won’t receive a large windfall inheritance either. However, that doesn’t mean that we can’t build sizeable wealth – it’ll just take some time. If you’re young, time is on your side and retiring a millionaire is achievable. Read on for some tips on how to increase your savings and work toward...

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Rich Dad’s 8 Core Values for Success

Robert Kiyosaki, author of the best-selling Rich Dad, Poor Dad series, shares tips for getting ahead in business. Find equal opportunities. Don’t be a victim of the survival-of-the-fittest technique. Make yourself marketable. Get a life-changing business education. Feed your mental, emotional, physical and spiritual needs. No, this doesn’t necessarily mean sitting in a college classroom. Get an education from life. Latch...

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