The Rich Dad Blog

Actionable advice on personal finance, business building and investing.

Blog | Personal Finance

3 Ways to Invest in the Economy

3 Ways to Invest in the Economy

Written by Rich Dad Personal Finance Team

Posted on January 22, 2025

Instead of being an average taxpayer, become an above average taxpayer. Start by doing what the government wants you to do by contributing more to the economy, but here's three ways the government is willing to pay you for making an investment.
How to Spot and Avoid Bad Deals

Investment Red Flags: How to Spot and Avoid Bad Deals

Written by Rich Dad Paper Assets Team

Posted on December 19, 2024

Spotting red flags in financial deals isn’t just a skill; it’s a necessity in a world where bad actors are always looking for their next victim.
4 Components of a Successful Business Plan

4 Components of a Successful Business Plan

Written by Rich Dad Entrepreneur Team

Posted on December 10, 2024

Among experts there is a debate about the necessity for a business plan. Some say that you only need a business plan if you are seeking some sort of loan or funding from investors.
6 Tips for Paying off IRS Debt

6 Tips for Paying off IRS Debt

Written by Rich Dad Personal Finance Team

Posted on November 28, 2024

The IRS can be very aggressive in its collection efforts, and has strong, some may say extreme, powers that mere lenders don’t, such as placing a lien on your property (or even seizing it), garnishing your wages, or seizing money from your bank account, all without going to court first.
End of Year Tax Planning for Your Business

End of Year Tax Planning for Your Business

Written by Rich Dad Entrepreneur Team

Posted on November 27, 2024

This is the time of year that we contact all of our clients and suggest that they do some year-end tax planning with us. Many of you wonder why planning at this time of year is so important. Let me give you three quick reasons.
Quick Tips When Receiving an Inheritance

Quick Tips When Receiving an Inheritance

Written by Rich Dad Personal Finance Team

Posted on November 26, 2024

If you received an unexpected inheritance, what would you do with it? Would you give it away, invest it and share the news with others? If you don’t have a financial education, you may get some bad advice and lose it all. Check out this discussion from Kim Kiyosaki and provide your insights here.
Ring in the Holidays with the Gift of Budgeting Well

Ring in the Holidays with the Gift of Budgeting

Written by Rich Dad Personal Finance Team

Posted on November 25, 2024

The problem is that most people have misconceptions about budgeting. However, if you understand a few basic principles of budgeting "like a rich" person, you can master your money.
Tax Loopholes for Millennials

Tax Loopholes for Millennials

Written by Tom Wheelwright

Posted on November 20, 2024

The CASHFLOW Quadrant separates income earners into four quadrants. On the left side are the employees (E) and the self-employed individuals (S). On the right side are big business (B) and investors (I).
The Difference Between an LLC and Corporation

The Difference Between an LLC and Corporation

Written by Rich Dad Personal Finance Team

Posted on November 12, 2024

As you build your businesses, you will want to invest in real estate. And as you grow your assets, you need to protect them.