‘Rich Dad, Poor Dad’s’ Robert Kiyosaki Says He’s $1.2 Billion In Debt Because ‘If I Go Bust, The Bank Goes Bust. Not My Problem’

January 9, 2024


Robert Kiyosaki, a best-selling author and seasoned investor, has a distinct philosophy on debt and investment. In a Nov. 30 Instagram reel, Kiyosaki elaborated on his debt philosophy, highlighting a critical distinction between assets and liabilities. He said many people use debt to buy liabilities, while he uses debt to purchase assets. To illustrate his approach, Kiyosaki said his luxury vehicles, like a Ferrari and a Rolls Royce, are fully paid off, categorizing them as liabilities rather th

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Sweet Briar College in Virginia has instituted an admissions policy that bars transgender women next school year, making the school an outlier among the nation’s diminishing number of women’s colleges. The private women’s liberal arts school said the policy stems from the legally binding will of its founder, Indiana Fletcher Williams, who died in 1900.…

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