The Most Expensive Financial Mistake You’re Still Making – Robert Kiyosaki
In this episode of The Rich Dad Radio Show, Robert Kiyosaki challenges the financial advice most people were taught growing up. Inspired by a recent study showing that many young adults rely on manifestation as a primary financial strategy, Robert explains why hoping for wealth is not the same as creating it.
According to Robert, the biggest obstacle to financial success isn't a lack of money. It's a way of thinking. Most people spend years waiting for the perfect opportunity, a better economy, or a higher income before taking action. The wealthy take a different approach. They make decisions, acquire financial education, and consistently build assets that generate cash flow.
You'll learn:
• Why hope is not a financial strategy
• How wealthy people think differently about money
• Why wealth is not determined by income
• The difference between assets and liabilities
• How financial education impacts long-term wealth
• Why paying yourself first matters
• How cash-flow-producing assets create financial freedom
• Why your network influences your financial future
Robert also explains how schools condition people to think like employees, why financial freedom begins with personal responsibility, and how small daily choices compound into long-term wealth.
If you're tired of waiting for your financial situation to improve and want a practical framework for building assets, improving financial intelligence, and creating lasting wealth, this episode offers a powerful reminder that wealth begins with a choice—and grows through action.
00:00 Gen Z Wealth Myth
02:00 Hope Is Not Strategy
04:14 Choose To Be Rich
06:32 Bitcoin Cash Flow Ad
08:26 Mindset Comes First
10:44 Assets Versus Liabilities
13:18 Goldmine Promo Break
14:46 Do The Rich Moves
19:19 Final Choice Challenge
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Disclaimer: The information provided in this video is for educational and informational purposes only. It should not be considered as financial advice or a recommendation to buy or sell any financial instrument or engage in any financial activity.
The content presented here is based on the speaker's personal opinions and research, which may not always be accurate or up-to-date. Financial markets and investments carry inherent risks, and individuals should conduct their own research and seek professional advice before making any financial decisions.
Cameron Long
Cameron is a seasoned CFO and CPA with 31 years in finance. He created the AI Trader's Playbook to help everyday investors use AI to find high-confidence trades — in minutes, not hours.
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Unique Uncle Robert. 💪😎
Financial education and discipline i$ everything.
I choose to be RICH, Uncle Robert..
good vibes.
Your talking actually nothing always.
1 big nothing burger guy
Robert, in India one can get a loan for residential or commercial property for 8-11% interest rate.
Whereas the rental yield for residential property is 1-3%, for Commercial property it’s 4-7%.
How is one going to make money or generate positive cash flow taking on debt in India ???
Buy gold and silver
@Sssebhhddyuhfyjhgyjbvffyes regularly buying gold & silver, need Robert to respond my real estate question
Thanks robert
Thank you so much for your message.l Choose to be happy,rich, generous…… .😂😂😂😂😂😂😂
Love from india❤
Thank you Ai rich Daddy
You should just start going to every pawnshop you can and have them test their own gold their selling, negotiate for the lowest price you can, and buy the whole inventory after it’s confirmed it’s real gold 🏆
Rich dad poor dad made a imperative effect in my financial life I thank you for that Robert
And next I’m trying to get the book cash flow quadrant
For now I got Think and grow rich ny Napoleon hill❤
Thank you
Wishing and fantasy lead nowhere. Luck only exists in the mind.
I choose to be rich
Not everyone can be rich and wealthy
THE KEY 🔑 OF WEALTH IS ABILITY TO HOLD BIG NUMBERS
Thanks Rich Dad.
Your video is a lot more than financial education! It’s about being responsible. Accountability and making good choices that makes difference. It’s deep and I ❤the teaching! Thank you buddah the awaken one🌸
Thank you so much Robert for sharing your insight and knowledge. 🙏