In a March 16 post on X, “Rich Dad Poor Dad” author Robert Kiyosaki revitalized the ongoing debate regarding the role of debt in achieving financial success.
Contrasting his stance with that of radio personality Dave Ramsey, a vocal advocate for a debt-free lifestyle, Kiyosaki’s insights stir a compelling discussion on financial strategies. “WHO IS RIGHT? My friend Dave Ramsey says ‘Live debt free.’ I say ‘I use debt to invest. I am $1.2 billion in debt,‘” Kiyosaki wrote, offering a bold entrance into the dialogue on debt management and financial freedom.
Don’t Miss:
Kiyosaki’s argument unfolds with a reflection on the wisdom behind Ramsey’s advice versus his own. Acknowledging the validity of living debt-free for the majority, he said, “For most people with low financial acumen, Dave’s advice is the smarter advice.”
Yet, he counters this by highlighting the…
