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I just read something interesting about how Robert Kiyosaki manages his finances, and honestly, I think it's a pretty different approach from what most people hear.
This guy is talking about owing between 1 and 2 billion dollars to banks, but here’s the interesting part: he’s not worried about it at all. His logic is simple — if he goes bankrupt, the problem isn’t his, it’s the bank’s. Sounds crazy, right?
But Robert Kiyosaki sees his debt in a completely different way than we were taught. For him, it’s not a burden that keeps him awake at night. Instead, he sees it as a tool working in his favor. Meanwhile, he’s investing in gold, silver, cryptocurrencies, and real estate because he believes these assets protect him better against inflation and economic crises than just holding cash.
Robert Kiyosaki’s philosophy on debt can be summarized like this: a good debt is one that makes money for you, not one for which you work. It’s almost the opposite of what most of us believe it should be.
I’m not saying that everyone can or should take on that level of debt, but the point he makes is interesting — the way you see debt completely changes how you use it. Some see it as failure, others as opportunity.