Blog | Entrepreneurship, Paper Assets, Personal Finance, Real Estate
Robert Kiyosaki’s Top 2021 Rich Dad Blogs
If 2021 taught us anything, it’s that we live in uncertain times.
December 29, 2021
Our mission at Rich Dad is increase the financial literacy of folks like you so that you can thrive no matter what is happening in the world. Below are hand-selected posts by me that I think we’re the best of the past few years. There’s something for everyone, and I hope you enjoy discovering something you may have missed along the way. Please read, learn, share, and practice. Happy New Year, and may 2022 be a prosperous year for you and your loved ones!
— Robert Kiyosaki
Personal finance
College used to be the dream for getting ahead in life. But what was once a dream has turned into a nightmare for many people who have crippling debt from their college years. The reality is that college is not the investment it used to be and there are many other (and better) ways to be successful. In this post, I explore five alternatives to building a healthy and wealthy life that don’t require you to take out student loans or spend four years studying things you’ll never really use in real life.
That gap between the haves and have-nots is ever-widening in America and across the world. But this is what the ultra-rich have wanted and it’s not by accident. As my teacher and mentor Dr. R. Buckminster Fuller said in his book, “Grunch of Giants,” there is a Gross Universal Cash Heist happening. In this post, I break down three ways the rich take money from the poor…and how you can avoid them.
I’ve said it for a long time: savers are losers. But that’s only half of the equation. In order to be rich, you need to know what to do with your money instead of save it. That’s where velocity of money comes in. In this post, I share how the rich use velocity of money to get richer...and my five step formula to put velocity of money to work for you.
Entrepreneurship
When I ask someone why they haven’t started the business they’re dreaming of, nine times out of ten the answer is, “I don’t have the money.” The reality is that while money is important, having it is not the most important thing when it comes to starting a business. What you need is a great plan, and this post is that plan. I walk you through eight steps on starting a business…even if you don’t have money.
The economy is a mess out there thanks to the pandemic now going into its second year! Chances are, if you told your family at the holiday dinner table you were thinking of starting a business in this chaos, you’d be laughed out of the room. Well, I think those starting businesses right now will have the last laugh. In this post, find out how to start a profitable business with a simple sales funnel.
There’s more than one way to skin a cat...and there’s more than one way to make a lot of money running an online business. In this post, I give you 12 different tried and true methods for creating a successful business online.
Paper assets
I’ve written for years about the coming retirement crisis. Many people think that if they invest in a 401k and mutual funds that will be enough for retirement, but unfortunately, it’s just not the case. In this post, learn why putting your money into these vehicles could be the worst thing you do for your retirement, and what you should do instead.
I often get pigeon-holed as anti-education. I’m not. I’m anti useless-education. While schools have added “financial education” to their curriculums, the reality is our education systems do not teach kids how money works, or how to make it work for them. I’m asked what I would do if I were in charge of financial education in our schools, and this is my answer.
In sports, there’s a wide range of skill sets from youth to high school to college to professional. Each level of competition is playing the game, but they’re doing it at vastly different levels. It’s no different in the world of investing. In this post, I break down the five levels of investing and give you a guide on how to determine your level, as well as the next steps to get to the next level.
Real estate
Many investors think they need money in order to begin investing in real estate. But there is a secret that the rich know about investing that the poor and the middle class do not…how to create money out of thin air. In this post, I share how you can get money from other people for any deal if it’s structured right, and make great profits along the way.
Even more common than the “I need money to invest in real estate” myth, is the myth that your house is your greatest asset. I’ve said for years that your house is not an asset. In fact, it’s a liability. I’ve been lambasted for it by the so-called experts, but the reason I say it is very simple and irrefutable. Assets put money in your pocket, and your house does not. There is a way a house can be an asset, however, and if you’re wondering how, this is the post to read.
I get a lot of questions around how to wholesale real estate, so I decided to write a definitive guide on getting started. Wholesaling allows you to put the leveraging power of a good deal to work for you to make money with little-to-nothing in a deal, no financing, and no repair work or landlord duties—all within weeks, not months. Sounds too good to be true? It’s not. Read on.
Original publish date:
December 29, 2021