Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business podcast artwork Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business

Good Debt, Bad Debt, and the Cost of Learning the Difference

28 min

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Show notes

Robert Kiyosaki says his 58-foot sailboat and private jet earn their keep by being rented out—and uses them to explain his provocative claim that more debt can help you escape debt. In this episode, he contrasts loans paid from your own paycheck with borrowing to buy assets whose customers generate the cash to repay them. He also walks through a stock-options example, describes how crypto lending and staking can produce yield, and warns that leverage can wipe you out just as quickly as it can build wealth. His bottom line: learn first, start small, and know exactly who's paying.

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