Is "Good Debt' Real? Reacting to Mr. Kiyosaki' Millennial Money - Rich Dad is WRONG? - Main Topic #9

Is "Rich Dad Poor Dad" WRONG?!? You do not want to miss Jay reacting to Robert Kiyosaki's Millennial Money videos. Fair warning, Jay gets pretty fired up on this one. Robert claims that there is such a thing as "Good Debt" that can be used to generate cash flow for you. If it puts money in your pocket, it is an asset. If it takes money without any cash flow potential, it is a liability according to Mr. Kiyosaki. This is arguably a misconstrued understanding of assets and liabilities. Is Rich Dad blind to risk? Is Robert's advice dangerous? Are spouses liabilities? Are parents liabilities? Are 401K accounts for losers? Is the stock market a joke? Is owning a home a rip-off and a liability? Can there really be good debt? Are you better off debt-free? Listen and find out!

Original Videos:
How Debt Can Generate Income: https://www.youtube.com/watch?v=dN5qHjnd_xk&t=37s
How to Convert a Liability into an Asset: https://www.youtube.com/watch?v=A8vD_XO0vUU

Full Episode #9: https://rumble.com/v2miy2o-episode-9-is-good-debt-actually-good-reacting-to-robert-kiyosakis-millennia.html

Main Topics Playlist: https://www.youtube.com/playlist?list=PLo6Zlf1BSGrZM50_NAabg7tOhASym2xxD

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Music: "Take Me Higher" by Jahzzar

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