Why does Robert Kiyosaki have $1.2 Billion of Debt?

In this video, I dive into why Robert Kiyosaki, the author of "Rich Dad Poor Dad," is $1.2 billion in debt. I explain how he uses debt as a tool to build wealth and invest in assets that generate income. I'll break down his financial strategies and show you why being in debt isn't always a bad thing if it's managed wisely. Join me to learn how Kiyosaki leverages debt to his advantage and what we can learn from his approach! ⏲️Time Codes: 0:00 Intro 0:53 Power of Compounding 4:05 Power of Debt 6:07 It is the Banks Problem 9:07 How do I do that too? 11:02 A New Mindset 🌟 About Me : Former Submarine Officer/ Nuclear Operator turned into a Real Estate & Personal Finance Nerd. I was able to achieve millionaire status through real estate while continuing to work my 9 to 5 job. I want to help you achieve the same results. On my channel I try to give a realistic and honest prospective on building wealth through real estate and the stock market. I detail my greatest successes and failures on my journey and give actionable advice to help you on your financial journey. New videos released weekly. 🔗 Links: 🤓 Compound Interest Calculator: https://talkhiggins.ck.page/8551493fbe 🛍️ Talk Higgins Merch: https://talk-higgins-merch.company.site/ 📧 Join my Email Newsletter for Free Insights directly to your Inbox: https://talkhiggins.ck.page/c530cca832 💵 Start your Airbnb journey using my link for free listing review and receive $40: https://www.airbnb.com/r/terrellh1006?s=6&t=061n1v 🌯Buy Me Chipotle https://talkhiggins.ck.page/products/buy-me-chipotle For business inquires please email at talkhiggins@gmail.com 📌Disclaimer: I am not a CPA, attorney, lender, or financial advisor. The content in these videos should not be construed as tax, legal, or financial advice...etc, and may be outdated or inaccurate; it is your responsibility to verify all information yourself. This is a YouTube video for entertainment purposes ONLY. IF stocks or companies are mentioned, Terrell may have an ownership interest in them – Please do not make buying or selling decisions based on Terrell’s videos. If you need advice, please contact a qualified professional.