No. The US government is not bankrupt. Not even close. It does spend a great deal more than it “earns” however. Consequently, its financial position is deteriorating rapidly. Since the economic crisis began, the government’s debt has increased by $4 trillion to $15 trillion, ...
https://www.richdad.com/is-the-us-government-bankrupt
3/1/2012 12:00:00 AM
Summary Understanding the difference between tax deductions and credits is essential for keeping more of your hard-earned money Surprise! The tax code was written for you, not against you Being rich isn’t about how much you make, it’s about ...
https://www.richdad.com/tax-deductions-vs-tax-credits
3/4/2019 6:10:03 PM
Summary This is a continuation of the Beginner’s Guide to Personal Finance. There are different types of debt, and not all are created equal. Learn how credit score affects your wealth, and why taxes are the key to generational wealth and a su...
https://www.richdad.com/personal-finance-part-2
6/12/2012 5:40:53 PM
Summary There are multiple types of asset classes that everyone should diversify in Don’t rely on a financial planner to “diversify” your money True diversification requires financial intelligence This is the final post in a series call...
https://www.richdad.com/diversified-portfolio
5/3/2013 10:41:48 PM
Summary One of the most-ingrained scams we’ve identified is that working hard leads to reward Don’t fall victim to the idea that hustle culture is the way to your success Remember - working hard actually keeps you poor People often talk...
https://www.richdad.com/rich-dad-scam-3-work-hard
2/22/2013 7:08:05 PM
Japan’s Extraordinary Monetary Experiment Japan’s economy, the third largest in the world, is in serious trouble. The Bank of Japan (BOJ), the country’s central bank, has embarked on what may well be the most aggressive monetary experiment in history to try to save it. In...
https://www.richdad.com/japan-monetary
5/1/2014 2:04:35 PM
Hopefully you’re ready for change, because it’s coming. The current story we’re living in the US is a very old one, and it has a very unhappy ending. This week we talk with Dr. Chris Martenson (Co-Founder of "Peak Prosperity" and Author of "The Crash Course”) about where Amer...
https://www.richdad.com/resources/updates/(radio)-a-grim-tale-indeed
11/12/2014 12:01:00 AM
Download your free guide to getting your finances in order. When I was a young boy, I was rushed to the hospital for emergency surgery stemming from complications regarding an ear infection and chicken pox. At the same time, my mother was at home struggling with a weak hea...
https://www.richdad.com/money-habits
8/15/2017 7:00:00 AM
Is it possible to turn your part-time passion into a profitable business? Have you been daydreaming about starting your own business even more often than usual? You’re not alone. A new survey from Thimble , a company offering on-demand insurance solutions for small busine...
https://www.richdad.com/from-hobby-to-business
3/16/2017 12:00:28 AM
The value of admitting what you don’t know Much of the confusion around investing has to do with the words the experts, semi-experts, so-called experts, and non-experts use. Most of it is jargon. Sometimes I think people use all that jargon to confuse us on purpose, eit...
https://www.richdad.com/financial-jargon
7/10/2014 10:37:56 AM
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