Investor and author of 'Rich Dad Poor Dad', Robert Kiyosaki shared his thoughts on wealth and the role of financial education.
Key Lesson on Wealth
Kiyosaki claims that money itself does not make one rich. He uses examples of college athletes who earn millions but go bankrupt within seven years after retirement to illustrate how money can lead to poverty. Kiyosaki stated: "Millions of $ made them poorer."
Cryptocurrency as a Path to Wealth
Kiyosaki believes that the easiest tool for becoming rich is cryptocurrency Bitcoin. He refers to Bitcoin as a 'pure genius asset', which one can simply buy and hold: 'No mess no stress. Just set it and forget it.'
The Importance of Financial Education
Kiyosaki emphasizes the importance of financial education from an early age. He advises seeking out 'rich teachers and friends' and reading books on money, entrepreneurship, and hardships. According to him, without such knowledge, it’s difficult to achieve success.
Robert Kiyosaki's insights into wealth and financial education highlight that success requires not just money but also knowledge.