HOW DEBT CAN GENERATE INCOME -ROBERT KIYOSAKI
Robert Kiyosaki addresses the common perception of debt, which often revolves around credit card debt and student loans used for personal expenses. This perception, influenced by traditional education, tends to cast debt in a negative light.
However, as the video unfolds, a shift in perspective is introduced as the speaker recognizes the potential of debt to generate income. This newfound understanding prompts a reevaluation of the role of debt in personal finance.
This episode delves into the complexities of finding one's path in life, especially in a rapidly evolving job market shaped by changing demands and technological advancements.
Robert encourages viewers not to fear debt, highlighting its potential as a powerful tool for wealth generation. The crucial factor in distinguishing good and bad debt, and its impact on cash flow, rather than the type of asset involved.
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Simple teaching. Making money isn’t complicated. It’s just a matter of understanding your cash flow direction. Anyone can do this and become rich. This man has transformed my financial life. I no longer buy anything that doesn’t put money into my pocket. Kudos! Robert.
@Lorienzo De Garcia looooool
And then you went on to create bitcoins..
In general, I agree, but you still have to eat and have a place to live.
PLease explain to me what you know so I can also be prosperous and get out of debt. Please.
This man has changed millions of lives, what a guy🙌
Every millionaire has used Other People’s Money in order to build wealth. If you understand the power of debt you can build massive wealth.
Morris Invest nope, false. I know several millionaires who have done so without debt
Except Dave Ramsey lol
@Redacted For example PewDiePie
Yeah got a loan for some real estate
Some people do it the old fashioned way, like being born into a rich family. 🤣
I like how he says that we’re gonna have it harder and we gotta be smarter. I always appreciate when the older generation doesn’t sugar coat it
You did not want to be a teacher like your father but this is exactly what you do, you teach millions of people how to live an abundant life!
Underrated comment.
And the government can’t tell him what to teach and not to teach! What a blessing to follow your own path
@Pablo Dutoit you understand what he meant by fake teacher right?If teacher teach what they dont practice mean they re fake teacher,If the teacher teach what he or she practices,mean they re real teacher.I bet there re lot of real teacher that teach medical.
Starting early is the best way of getting ahead to build wealth. Most times, it amazes me greatly how I moved from an average lifestyle to earning over $83k per month, Utter shock is the word. I have understood a lot in the past few years that there are lots of opportunities in the financial market. The only thing is to know where to focus.
The decision to invest is an acknowledgment that comes with certain risks. Not all investments will do well and some may lose money. However, without risk there would be no opportunity to potentially earn the higher returns that can help you grow your wealth.
@Dulce de Leche I agree with you and I believe that the secret to financial stability is having the right investment ideas to enable you earn more money, I don’t know who agrees with me but either way I recommend either real estate or crypto and stocks.
I keep wondering how people earn money in financial markets, i tried trading bitcoin on my own made a huge loss and now I’m scared of investing more.
@Mark Conley That won’t bother you if you trade with a professional like *Mr Gary Mason Brooks* my coach, you may have come across him on interviews relating to bitcoin. He trades, manage trading account and offer mentorship program for clients who wish to become professional investors.
@Isabella You allow people to trade for you? that’s interesting, I would love to learn, hope it’s safe?
I personally cleared $230k of debt going aggressive in the other markets. Right now the markets are crazy but there are still hidden opportunities therein. Having monitored my portfolio performance return huge six figures from the last 2 quarters of last year, I have learned why the market will remain a money den for those who know where to look.
The markets are been propped up by the FED printing money with NO limit. Every time the Market blips down the FED dumps cash into the dip. Tbh I’m in need of a good investment plan currently, I have a lump sum of $100k+ in a savings account yielding next to nothing
@Classicphotos Starting out with a with a professional that knows the ropes of the choppy but profitable market is the best way to achieve getting a well structured portfolio. That’s why I have been working with ‘ Corinne Cecilia Heaney ’ and that doesn’t make me daft because in financial dealings one have to be prudent. Most traders enter exit with a quick 10% profit which is not bad in a general opinion but why not aim higher, it doesn’t necessarily mean to be greedy.
@Trade Kings i am approaching retirement & i think this is the last window of opportunity for me to become a millionaire before retiring, as Recessions and downtrands are where millionaires are created. Currently i have some lump sum in a savings account and will like to work with a fiduciary financial advisor to achieve my goals. Please how can i reach Corinne?
Hello, I’m new to Biticon trade and I’ve been making losses but recently I see a lot of people earning from it. Please can someone tell me what I’m doing wrong
As a beginner who don’t understand how Btcoin trade really works and you really want to make profits from it. I will advise you to first start working with a profesional trader
All you need know is a professional trader else you will continue making losses
How can someone know a profesional account manager that is trustworthy and legit, they are hard to find this period
Patricia Morgan wow I’m amazed you mentioned Mr Greg T. Martin
I will also advise you to try Mr Greg T. Martin fx ,he is legit and his profit scheme is amazing, I’ve never seen any of his client complain of lost
Hey Robert! I have been following you for over 20 years. My sons are 26 and 24 and when they were in middle school we played Cash Flow For Kids. One thing I wanted to share with you is that federal student loans can be a very useful tool for college students. You mentioned getting into trouble and not being able to file bankruptcy, but with federal loans, if a person files the correct paperwork, if they get into trouble their payments can significantly drop and even go to zero. I agree that things can get really difficult for people who take out loans and don’t finish college, but they can be paid back based on your income and not what you owe. Thanks for all that you have taught tirelessly over the decades!
“How millionaires create passive income flow” – Robert kiyosaki
To attain financiaI independence, you need the experience of a financiaI consuItant to achieve your goal. The rich ones seek consuItants to help grow their finance and claim to attain success themselves.
I engage in various investments through proper planning and guidance from my financial consultant and have so far acquired great returns (the amount is confidential).
To get more details about my consultant (Diana Alexandra Hunts), do internet research with her full name above, where you can get in touch and write her. Give her experience a try and walk to Success.
The substantial approach you got here; feeling so good to be here.
Deserve all the attention. 🙌
I’m glad I pulled through, despite the crises. I am retiring next yr at 55 with 3 houses paid off worth 4.5 million . One is my place of residence the other 2 properties will give me $80,000per/yr rent . I will have an income stream of $20,000 per yr through my super which gives me total $100,000 a yr to live comfortably . I have no debts … Stay Motivated!!!
That is so amazing, I’m trying to get onto the housing ladder at 40. I wish at 55 I will be testifying to similar success…
Heard many good recommendations about ROCHELLE DUNGCA-SCHREIBER by some YT channels, Seminars and other platforms. Please, how do i reach her?
Okay, Thx.
I found her web page
I’ve been watching quite a good amount of finance videos lately and I came to discover something, that even with my experience so far in business and in the market I still require someone who is higher than me to guide me. Thx for you advisor, I’ll look her up
Can you help me understand the profit part. Don’t I have to pay the loan too every month? So I’m guessing the combination of the rent and my job would help me use my debt to put money in my pocket
Just what I needed to watch.
My wife and I are directors of our farm business and own property, plus small pensions. I am nearly 55, my wife is 52.
We have started to save to retire from the farm, and possibly live on rental income, I’d really appreciate you go LIVE and talk about how to earn passive income online and retire comfortably, let’s say $1M.
Find stocks with market-beating yields and shares that at least keep pace with the market for a long term. For a successful long-term strategy I recommend you seek the guidance a broker or financial advisor.
Very true , I diversified my $400K portfolio across multiple market with the aid of an investment advisor, I have been able to generate over $900k in net profit across high dividend yield stocks, ETF and bonds in few months.
@Roberto Saviano Please can you leave the info of your investment advisor here? I’m in dire need for one.
my financial advisor is ISABEL CECILIA RAMSEY. A middle aged lady from USA who really knows her stuff
@Roberto Saviano Thank you for this tip. it was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé.
Dividends are a great thing, but they’re only really effective for passive income when you either have somewheres over 20 to 25 thousand shares of a high yielding stock. Meaning you likely need to have a few hundred thousand if not more invested in it. Re-investing dividends back into the same stock certainly does snowball with compound interest, but you only really start seeing it after 20 years of never stopping and likely needing to add additional money of your own with it….so it’ll be time consuming and costly. The way I see it if you have a million dollars at some point, that’d be enough to create a portfolio that would pay you between 50 to 70 thousand in dividend income
Like Warren Buffet said, dividends are only good if the business you’re investing into can’t make good use of that capital. So if you’re trying to invest into businesses with actual growth, looking at dividends is a waste of time. Why are you investing into a company if they’re returning capital to you because they think you can make better use if it than they can. There’s only one reason, and it is a place to park your capital to pay you a small return with large established businesses because you aren’t trying to grow your portfolio anymore, but to live off of it. It’s not much different from bond investing.
@chris It’s not difficult, but you have to learn and handle. Another thing is that if you can’t manage your home, maybe you shouldn’t invest on your own. If so, you should hire a CFP to help you diversify your assets to include ETFs/index funds/mutual funds and stocks of companies with consistent cash flows, rather than betting on penny stocks.
@o’neil jerry The market’s uncertainty is one of the reasons I have my daily investment decisions guided by an investment advisor, as their skill set is built around going long and also shorting the market to maximize returns, both employing profit-oriented strategy and laying off risk as a hedge against inevitable downtrends, and when combined with exclusive analysis, it’s nearly impossible not to outperform. Since the 2020 pandemic, I’ve made more than $1.5 million after subsequent investments thus far.
@Zahair O’Brian Admittedly we are only one information away from amassing wealth, I know many people who made their fortunes from the Dotcom crash as well as the 08′ crash and have researched similar opportunities in this current market, could this person who guides you help?
@kim young Do your due diligence and opt for one that has tactics to help your portfolio continue consistent and steady growth. “HEATHER ANN CHRISTENSEN” is accountable for the success of my portfolio, and I believe she has the qualifications and expertise to accomplish your objectives.
I will forever appreciate this channel, you’ve helped me and my family a lot, your videos, advice and lessons are inspirational helpful to us, I now earn every week. Despite the up and downturn in the market system, I’m having the best time of my life financially. I have built my portfolio massively and I still building. You’re such a blessing to this generation, we all love you
I am also a proud beneficiary! Earning over $83k in the last 2 months with an investment of $19k. money can be made even in a bear market.
How do you manage to earn that much even with the falling prices. Can you please guide me as I’m a novice
@Dirk Peter Hellwig. It’s by simply investing in the Stock/Crypto market with the help of my Financial Advisor.
You’re creating a great reputation to this channel and everyone, I will love to achieve this great goal you are enjoying now
Truly to build wealth during a recession, you should focus on where you can save money and invest in foreign currency
This young lady is incredible! She has absolutely absorbed so much Real-estate information from Robert that far outshines most grownup’s today 🎉
I love this! Easy to understand and straight to the point! Thank you so much for sharing! God bless you! I can’t wait to buy and then rent out my first property!
Simply explained but difficult to implement when you don’t know what to look into.
A quick breakdown but really this is one of many ways to make debt work for you but it’s a good start. Love the video and explanation
Robert Kiyosaki is a blessing to many. I achieved success after I practiced the steps below.
A wideIy known Podcast in the US taught me how the rich don’t teach how to attain success. They Seek the ideas of Fin. ConsuItants to help grow their finance.
for success to be achieved, a FinanciaI ConsuItant is needed. I engage in a Variety of lnvestments with the ideas of my consuItant and have acquired great returns so far. ( the amount is confidentiaI ).
To make further lnquiries about my financiaI consuItant, you can look up her full name below.
opportunity is a scarce commodity. I will partake in this. Luckily I stumble into this
There is no limit to what you can achieve in life (including success) if you put your mind to it.
Managing money is different from accumulating wealth, and the lack of investment education in schools may explain why people struggle to maintain their financial gains. The examples you provided are relevant, and I personally benefited from the market crisis, as I embrace challenging times while others tend to avoid them. Well, at least my advisor does too, jokingly.
Investors should exercise caution with their exposure and exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or trusted advisor in order to navigate this recession and achieve potential high yields.
This is superb! Information, as a noob it gets quite difficult to handle all of this and staying informed is a major cause, how do you go about this are you a pro investor?
Through closely monitoring the performance of my portfolio, I have witnessed a remarkable growth of $483k in just the past two quarters. This experience has shed light on why experienced traders are able to generate substantial returns even in lesser-known markets. It is safe to say that this bold decision has been one of the most impactful choices I have made recently.
wow ,that’s stirring! Do you mind connecting me to your advisor please. I desperately need one to diversified my portfolio
I’ve actually been looking into advisors lately, the news I’ve been seeing in the market hasn’t been so encouraging. who’s the person guiding you?
Robert kiyosaki is beyond amazing. Whoever’s reading this hope you find success.
I am fortunate I made productive decisions that changed my life forever through my finance mentor. I’m a single parent living in Bn Italy, bought my second house in April and hoping to retire at 40 by next year.
My life is in a mess. Any tip in shaping my life.
To possibIy grow your finance, a mentor is needful to make it a reality. I engage in aIot with the ldeas of my mentor and so far have achieved so much already.
sear ch her full name below, if you care
•IsabeIIe ChIoe Scott•