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“Rich Dad Poor Dad” author Robert Kiyosaki is warning that outdated financial advice is doing more harm than good in today’s economy. In a recent post on X, Kiyosaki said the growing divide between the rich and the poor is no longer a gap, but a “Grand Canyon.”
Kiyosaki points to three major struggles he says billions of people face: “Make ends meet,” “Keep up with inflation,” and “Keep their job.”
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According to Kiyosaki, those who follow “old thinking” are being left behind. He says this includes going back to school, working longer hours, saving in fiat currency—which he calls “fake money,” and relying on traditional retirement plans.
“Old thinkers will be left behind as the GAP becomes the GRAND CANYON,” he wrote.
Instead, he suggests adopting a new financial mindset focused on entrepreneurship and alternative assets. His advice for “new thinkers” is to “start their own start-up” and save real assets like “Gold, Silver, Bitcoin, Ethereum.”
Kiyosaki singled out Ethereum as a current opportunity, comparing it to Bitcoin when it was far cheaper, saying that “people who acquire Ethereum today [at] $4,000 will be like the rich who invested in Bitcoin when it was $4,000,” he wrote.
He ends his post by urging people to choose their side of the economic divide: “Consider those ideas and choose which side of the gap you want to be on.”
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Kiyosaki has long criticized the traditional path of working for decades, saving in a 401(k), and hoping the stock market performs well enough to retire comfortably. In his view, that approach is based on outdated systems that no longer serve people in an era of rising inflation and rapid technological change.
In his books and interviews, he often refers to fiat currency as “fake money” because it isn’t backed by tangible assets. That’s why he continues to promote precious metals and cryptocurrencies as more reliable stores of value.
He also regularly warns that most people are unprepared for economic disruptions. For him, financial education doesn’t mean getting a degree, it means learning how money works, how markets move, and how to build or acquire income-producing assets.
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Kiyosaki’s call to start a business isn’t just about becoming rich. In today’s job market, he argues, no position is truly secure. Layoffs, automation, and corporate restructuring can hit anyone at any time.
In another post on X from April, he wrote, “In the last two years…. Millions have lost their jobs. In the next few years…. Millions more will lose their jobs.”
He advises people who are worried about job loss to prepare now. “Turn a bad event to a great opportunity to stop being an employee, clinging to job security…. and become an entrepreneur…. Working for financial freedom,” he wrote.
While critics say not everyone can or should be a business owner, Kiyosaki counters that the mindset shift is what matters most. Thinking like an owner, not an employee, is how people break out of the cycle of just getting by.
His latest post is simply another reminder of that philosophy. And with millions struggling to stay afloat, his message is resonating once again.
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This article Robert Kiyosaki Says Forget Working Harder And Saving For Retirement. Instead, Create A Start-Up And ‘Save Real Gold, Silver, Bitcoin’ originally appeared on Benzinga.com