HOW DEBT CAN GENERATE INCOME -ROBERT KIYOSAKI

In this groundbreaking episode of Millennial Money, Robert Kiyosaki, along with his guest Alexandra, explores the often misunderstood concept of debt and its potential to generate income. "How Debt Can Generate Income" is a must-watch for anyone seeking to deepen their financial knowledge and learn the intricacies of using debt as a tool for wealth creation.

Robert Kiyosaki, renowned for his unconventional wisdom and expertise in financial education, initiates the conversation by challenging the typical negative perception of debt. He emphasizes that not all debt is detrimental; there's a significant difference between 'good' and 'bad' debt. This distinction forms the crux of the episode, as Kiyosaki delves into the finer details of leveraging debt for financial gain.

One of the key highlights of this episode is the discussion about 'good debt' and 'bad debt.' Kiyosaki explains that while certain types of debt, such as credit card debt and student loans, are often harmful, there are forms of debt that can be advantageous. For instance, leveraging debt to invest in assets that generate income - like rental properties - can be a powerful strategy for wealth accumulation. He shares personal anecdotes and examples to illustrate how properly managed debt can lead to financial success.

The conversation also covers the importance of financial education, particularly in understanding the role of debt in wealth-building. Kiyosaki stresses the need for a shift in mindset, from viewing debt solely as a liability to recognizing it as a potential asset. He and Alexandra discuss the common misconceptions about debt, emphasizing the value of financial intelligence in navigating these complex waters.

By the end of the episode, viewers will have a clearer understanding of how to discern between good and bad debt and how to use debt wisely to enhance their financial position. Kiyosaki's insights, combined with real-life examples, make this episode a compelling and educational experience for anyone looking to improve their financial literacy.

Remember to subscribe for more insightful content and follow us on social media for regular updates.

#RobertKiyosaki #FinancialEducation #WealthCreation #GoodDebtBadDebt #robertkiyosaki #richdadpoordad #millennialmoney

Facebook: @RobertKiyosaki

Twitter: @TheRealKiyosaki

Instagram: @TheRealKiyosaki

[RedactedNews]

Every millionaire has used Other People's Money in order to build wealth. If you understand the power of debt you can build massive wealth.

[amirbrooks]

Investing in alternative income streams that are independent of the government should be the top priority for everyone right now. especially given the global economic crisis we are currently experiencing. Stocks, gold, silver, and virtual currencies are still attractive investments at the moment.

[JaykeTurner]

Protecting your capital is much more important than making money. Basically because if you lose your capital, making money is much harder. ''Missing the train'' vs. ''losing your money''. There are a lot of trains, but if your money is gone, it's over.

[RachelBrinkmeier]

I am 50 years old. I will retire early but I have $281k saved. I can’t work anymore. I am just too tired. I feel confident that my retirement will be a blessing., but if I can do something profit-driven that will improve my savings and get me a good retirement lifestyle I would like to know. If anyone sees this and can help please comment.

[theemotionalintelligence]

If you’re reading this I pray you become successful beyond measure
...

For anyone who l liked and commented something positive on this comment, I just want to thank you guys and wish for the fullfillment of your dreams, every great dreams :)

[stwhite]

A guy once told me, "If I owe the bank $10, 000 and can't pay, I'm in trouble. If I owe the bank $10, 000, 000 and can't pay, the bank is in trouble."

[RebeccaGorin]

*Amazing. “How to build wealth, do this..”*

[calebray]

Whatever you always have a plan of what you expect as the end result, lack of this one information cost me alot till I was able to define my needs, now I have a growing portfolio

[Rykerfleming]

Just what I needed to watch.
My wife and I are directors of our farm business and own property, plus small pensions. I am nearly 55, my wife is 52.
We have started to save to retire from the farm, and possibly live on rental income, I'd really appreciate you go LIVE and talk about how to earn passive income online and retire comfortably, let’s say $1M.

[alexyoung]

Dividends are a great thing, but they’re only really effective for passive income when you either have somewheres over 20 to 25 thousand shares of a high yielding stock. Meaning you likely need to have a few hundred thousand if not more invested in it. Re-investing dividends back into the same stock certainly does snowball with compound interest, but you only really start seeing it after 20 years of never stopping and likely needing to add additional money of your own with it….so it’ll be time consuming and costly. The way I see it if you have a million dollars at some point, that’d be enough to create a portfolio that would pay you between 50 to 70 thousand in dividend income

[kevinmarten]

We read news in the media that doom and gloom is coming and we just accept it, doom and gloom doesn’t always have to be coming, I’ve read numerous success stories of people that are pulling off tremendous gains of up to $250K within weeks in this crazy market and I just want to learn how to achieve such figures.

[chris-pjrk]

Is this a good time to buy stocks? I know everyone is saying stocks are at a discount and all, but just how long will It take for us to recover, obviously there are strategies to maneuver in this present market but these strategies doesn't come common to the average folk, or am I better off putting my money elsewhere?

[derek]

Robert: "any questions?"
Her: repeating everything he just said!

[mesutserim]

Heard someone say the best season for a financial breakthrough is now, especially with inflation running at a four-decade high. I have approximately $750k stagnant in my portfolio that needs growth. What is the best way to take advantage of this downturn?

[nyreggie]

Starting early is the best way of getting ahead to build wealth. Most times, it amazes me greatly how I moved from an average lifestyle to earning over $83k per month, Utter shock is the word. I have understood a lot in the past few years that there are lots of opportunities in the financial market. The only thing is to know where to focus.

[ghanighani]

I’m glad I pulled through, despite the crises. I am retiring next yr at 55 with 3 houses paid off worth 4.5 million . One is my place of residence the other 2 properties will give me $80, 000per/yr rent . I will have an income stream of $20, 000 per yr through my super which gives me total $100, 000 a yr to live comfortably . I have no debts ... Stay Motivated!!!

[satoshihakamoto]

Simple teaching. Making money isn't complicated. It's just a matter of understanding your cash flow direction. Anyone can do this and become rich. This man has transformed my financial life. I no longer buy anything that doesn't put money into my pocket. Kudos! Robert.

[rishabhsurana]

Summary
Invest in an asset and let it make money for you

[marianparker]

I personally cleared $230k of debt going aggressive in the other markets. Right now the markets are crazy but there are still hidden opportunities therein. Having monitored my portfolio performance return huge six figures from the last 2 quarters of last year, I have learned why the market will remain a money den for those who know where to look.

[judgebush]

Purchasing Bitcoin doesn't always assures winning, the ability to make profit off your capital is what makes you win.. Stop relying on the market price to make profit. Choose trading ?