{"id":383501,"date":"2026-01-02T12:41:10","date_gmt":"2026-01-02T12:41:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/383501\/"},"modified":"2026-01-02T12:41:10","modified_gmt":"2026-01-02T12:41:10","slug":"robert-kiyosaki-reveals-real-assets-you-need-to-own-to-secure-financial-freedom-and-never-work-again","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/383501\/","title":{"rendered":"Robert Kiyosaki reveals ‘real assets’ YOU need to own to secure financial freedom and ‘never work again’"},"content":{"rendered":"

Highly regarded business author Robert Kiyosaki has issued an ultimatum to those looking to find financial freedom, saying conventional personal finance is counterproductive.<\/p>\n

The bestselling author of “Rich Dad Poor Dad” and property magnate says the traditional path of getting a job, working hard, and staying out of debt is what a “poor person’s teacher” would recommend.<\/p>\n

Speaking on the School of Hard Knocks podcast, Mr Kiyosaki explained his alternative approach; to master real estate investing and use borrowed money to generate cash flow.<\/p>\n

He now owns 15,000 rental properties, which he says each bringing in roughly $200 monthly each.<\/p>\n

The businessman does not believe getting a standard job is the route to financial security.<\/p>\n

“Go to school, get a job, pay your taxes, work hard, save money and put your money in a 401(k), that’s what every loser does. Loser, loser, loser.”<\/p>\n

He argues that buying a big house and calling it an asset is misguided when mortgages, insurance, maintenance and taxes drain your wallet.<\/p>\n

“Or a Ferrari or a Lamborghini or a Rolls-Royce – and they call it an asset. It’s a liability. That’s why they’re losers.”<\/p>\n

For Mr Kiyosaki, the distinction is simple: genuine assets put money in your pocket, while liabilities take it out.<\/p>\n

\"Robert<\/p>\n

Robert Kiyosaki’s approach centres around debt management and investments across a mix of asset classes<\/p>\n

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GETTY<\/p>\n

“True assets” he believes include rental properties generating positive cash flow, dividend-paying stocks, businesses and intellectual property producing royalties.<\/p>\n

He’s outlined eight key assets that can help people escape the daily grind for good:<\/p>\n

Entrepreneurship <\/p>\n

Putting sweat equity into building your own business rather than trading time for someone else’s money.<\/p>\n

Rental properties <\/p>\n

Using other people’s money to create income streams that don’t depend on a nine-to-five.<\/p>\n

Paper assets <\/p>\n

Stocks, bonds and mutual funds offer another route, letting you tap into established companies’ success through disciplined investing.<\/p>\n

\"\\u200bRobert<\/p>\n

Mr Kiyosaki launched a book with Donald Trump in 2006 titled “Why we want you to be rich”<\/p>\n

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GETTY<\/p>\n

Commodities <\/p>\n

Gold, silver and oil serve as protection against inflation and currency devaluation, holding their value when paper money doesn’t.<\/p>\n

Time is money<\/p>\n

If time is indeed money, it is a finite resource, so utilise it in a way that yields substantial returns. <\/p>\n

Self-care<\/p>\n

While financial wealth is paramount, Mr Kiyosaki underscores the importance of holistic well-being, particularly physical health. <\/p>\n

Safeguarding your financial assets and enjoying a fulfilling life with loved ones is the healthiest choice you can make.<\/p>\n

Digitalise your skills<\/p>\n

In the digital age, he highlights the accessibility of online platforms as vehicles for wealth creation. <\/p>\n

From YouTube channels to e-commerce websites, individuals can leverage their skills and expertise to generate passive income streams.<\/p>\n

Network, network, network<\/p>\n

The power of networking and personal branding in fostering business success. <\/p>\n

Through word-of-mouth referrals and strategic marketing efforts, one can amplify their impact and solidify their position as a trusted authority in their field.<\/p>\n

\"\\u200bRobert<\/p>\n

He’s a big believer in a strong network<\/p>\n

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When financial storms hit, wealthy people respond very differently to everyone else, according to Mr Kiyosaki.<\/p>\n

Rather than panicking over bad advice or market wobbles, rich people learn to filter out guidance that doesn’t work for them \u2013 and they never worry about being someone’s employee.<\/p>\n

They also maintain control over their money by diversifying across multiple investment opportunities, so if one area struggles, they can focus elsewhere.<\/p>\n

He noted that tax stress is not a concern for the wealthy. As Mr Kiyosaki explained: “Business owners and investors pay the least in taxes because their income is considered passive income.”<\/p>\n

Perhaps most importantly, rich people build safety nets that actually grow over time.<\/p>\n

In Kiyosaki’s words, they “create assets that generate income without them working. In fact, many times these assets grow”.<\/p>\n","protected":false},"excerpt":{"rendered":"Highly regarded business author Robert Kiyosaki has issued an ultimatum to those looking to find financial freedom, saying…\n","protected":false},"author":2,"featured_media":383502,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[45,49,48,133,134,131,132,5551],"class_list":{"0":"post-383501","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-personal-finance","8":"tag-business","9":"tag-ca","10":"tag-canada","11":"tag-finance","12":"tag-money","13":"tag-personal-finance","14":"tag-personalfinance","15":"tag-savings"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/383501","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=383501"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/383501\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/383502"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=383501"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=383501"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=383501"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}