20 Lessons From Robert Kiyosaki That Will Change Your Finances

[@GabeBult]

What’s the best financial advice you ever got ?

[@prasannakamath9972]

Avoid lifestyle inflation as much as possible given to me by myself 😂

[@juliem.3936]

Save for a rainy day. Unfortunately, I didn't take it to heart...until now. I guess it's never too late to start saving.

[@ILovePlayingZeldaGamesOnSwitch]

Live simply,be a minimalist. Saving is giving my future self.

[@Godblessforeveryone]

Money gathered little by little grows.

[@stevenpace1849]

Always listen to Warren Buffett.

[@karenbolton9526]

Don’t care if died poor fulfilled all goals. Happy family great marriage education homes world travel no debt good health. Got everything in life ever wanted . Money thinking just causes stress

[@opalcoastal-ld5kd]

Man, I am always blown away by how much you teach us. “I’m not a good student, but I am a good learner.” Those were great words, Gabe. I’ve felt the same way my entire life, and almost everything I know has been learned on my own, through books, through experience, and of course, through inspiring people like Gabe. Thank you for teaching me more about the real world than a formal education ever could. You are changing lives, Gabe. Thank you for sharing your knowledge, and your journey, with all of us here.

[@moondoggy02116]

"It's your fault if you die poor." That's true for a huge amount of people, but I'm sorry, it's not universally true, and it's the rationale for a lot of inhumane public policy. Gabe, I'm a big fan (and was literally here thinking, "What can I do to help this guy get that Tesla?!"), but this one is bothering me.

[@ephesianslicenseplate7421]

There is this thing called the working poor. How is it when people work hard and good people have bad things happen to them can you say it’s there fault? Think it through because most people are financially struggling right now and are looking to You for real solutions.

[@MyFocusVaries]

Agreed. Some people have so many strikes against them that it's impossible to get out of the cycle. Class systems, systemic racial prejudices, etc. can't be wiped away with a blanket statement. People can cite individual cases of people who have broken the cycle, but each of those cases will have some exception--a mentor, a Boys and Girls Club, a United Way program, etc that helped them out.

[@gymsanctuary4020]

@@MyFocusVaries I think the biggest thing people need is self care. And they need interdependence. Not everyone has a family to count on or an upbringing with privilege. Working hard can change someone’s life with the emotional strength and loving community to thrive.

[@crevail]

Is it really my fault if I'm born in Sudan and have to work in the cobalt mines 15 hrs a day at 11 years old to ensure I can pay for my sick mother's treatment and end up just growing up poor? The whole "pull yourself up by your bootstraps mentality" is insensitive and naive, neglecting material conditions entirely. Poverty is an artificial construct in a world with vast abundance, and these asinine maxims only serve to turn attention away from the very system that ensures poverty exists: capitalism.

[@HalfwayJac]

Some people are at such a disadvantage and victims to circumstances that they will never have the luxury to be wealthy. I hate to say that, but it’s true. So the title really puts me off.

[@FabienneSP]

As much as I like your advice, I have to say, it is a very 'first world' point of view. I live in Cambodia and most people barely make enough with two or three jobs to survive and quitting and up the pay from the job is just not an option, certainly not if you have family.

[@thomasm123]

Yeah... I was considering a subscribe after watching another video on this channel. Seeing him uncritically parrot "it's your fault if you die poor" tells me I should look elsewhere.

[@FabienneSP]

@@thomasm123 Test everything. Keep the good and let the bad go.

[@Ahumanbeing22]

Can you make a video on ways to start getting cash flow with little to no money please?

[@kyf_]

Good mentality brother!

[@lindabrzezinski2296]

Thanks!

[@rebeccarendle3706]

No I definitely do not see wealth as "big house, bug car" etc... Wealth for me is "health, free time to spend with people I love, travel and experiences."

[@DieselFreak17]

Really enjoyed this video! I’m actually reading Rich Dad Poor Dad right now! I love Robert’s views on money, wealth and how to become financially free. I would really be interested in your thoughts and ideas on how to get started in the real estate world or investing in general after bankruptcy. Tough times last couple of years ended up with having to file, but now it’s been over a year since it was final. I just don’t know how to get started again. Thanks for all your time and effort in these videos. Truly enjoy every one of them.

[@Gumby1978]

I hope people really listen to you. The is the way to be financially secure. Thanks, another great video.

[@Gumby1978]

I have shared several videos with a friend that needs this wisdom. We will see if this changes him.

[@snugasapugonarug]

"If you're on the left, you wanna move over to the right, cuz it makes life a lot easier" Interesting phrasing on that. 🤔

[@issyaddams8297]

I love these types of videos, Gabe. So inspiring!

[@dilansabau260]

Great as always man!! Thanks

[@danyklin1]

Great video!

[@thenewwayhome]

Subscribed on his channel. The man got lots of wisdom, I'd say. Great that you're following his pieces of advice. Keep up the informative content!

[@cheekymonkeygirl3378]

I hope you know that you are doing a lot for your audiences. Thanks. ❤

[@jodimcintosh6334]

Do your research before getting a Tesla. New batteries cost $25,0000

[@autchicab]

Also I have a friend who is a Firefighter and he said that they can't use the Jaws of Life to get you out of a Tesla if you are in a car accident because the battery charge or current or something runs through the doors. I haven't verified that through other sources but that's what I was told

[@willylowman99]

I work with cars. Tesla is cheap junk.

[@amyschroeder3397]

How you have applied everything to your life and are seeing change, is such an inspiration! I want more. I want to get ahead so that I can help others get ahead. What are we doing to help (not hurt)? More practical applications PLEASE! ❤Thanks!

[@HalfwayJac]

Wow. The deeper I get into this video the more tone deaf it’s coming across. I grew up in the inner city of Detroit. Th education system was beyond terrible, there really was nothing there but burnt down buildings. So many kids barely have parents that raise them. The violence was unbelievable. Shootings were commonplace. A schoolmate who lived next door to me was shot and killed at 14 years old. So was a young girl of 12 right across the street. I was fortunate enough to get out. But so many people due to circumstance and extreme disadvantages will never be able to get out. You have no idea what goes on way below the poverty line and just what people will do to survive. You were fortunate enough to be born in a position to be where you are. Don’t get me wrong, you earned it and deserve it. But the condensation of this is just beyond belief.

[@janejustin1788]

i also felt that one point that it's one's fault to die poor is inaccurate and comes from robert's privileged life.........as a person from a corrupt poor 3rd world, it is so much harder to get out of poverty than someone from the US and other developed countries. employment or money-making opportunities are fewer here. also, people with disabilities and health problems don't have the same abilities as others

[@designismedaily]

Great video Gabe!! Congratulations in advance on that new Tesla ☺

[@GabeBult]

Thanks 🙏

[@kriscanmanifest]

"Don't forget to subscribe because I really want a Tesla!" You got it! Love your content. Keep working hard. Looking forward to that Tesla reveal video!!!!!!!!

[@johncabrera3126]

Thanks for financial tip's 👍🏽👍🏽 Definitely need to be more wise on how I administer my cash flow.

[@valeried2941]

I have borrowed the rich man book! Excellent tips! Changing your core became a life changer for sure! It is my fault if I die poo. Gotta keep moving ahead!

[@ElizabethCar]

More money might not solve your problems, but if you're smart with it then more money will help solve your problems.

[@kyf_]

word!

[@danielleporcaro5422]

I'm pretty risk averse and I know I need to work on this in order to become a better investor. I have my own home and one residential rental property, but my goal is to continue to invest in real estate long term. Great advice here, thanks!

[@jeremiahwilliams5747]

Travel. Smh. I have an allotment that comes out of my pay for vacation and Christmas and only use it for that. The only things that slowed down travel for me were career concerns and COVID.

[@jeanniestaller797]

Gabe, do you manage your own rental property or do you hire someone else to do it?

[@pedrorfgomes4]

Keep it up my man

[@jasminealixandranorth]

You can buy my Tesla 3 dual motor - 25,000 km. I'm in Switzerland though 😊. Its a great car - I love it - but for me, its too big for one person (at least in my case) - I'm thinking of a Renault Zoe - but the Tesla is clearly the best car I've ever driven.

[@joemorgan8974]

Great vid Gabe but just to let you know your mic was making funny sounds if you listen to the audio back :)

[@althoughmediaproductions9290]

Make a video on TAXES!!

[@oliviasoto5499]

Gabe would you mind talking about what your wife does? And how these sort of lessons apple to couples vs singular people

[@sharonlugone5955]

Robert Koyasaki made up everything in the Rich Dad Poor Dad book. He's declared bankruptcy and been investigated for marketing fraud. When you hand out financial advice, you have a responsibility to verify that your sources are on the up and up. Do some research on this guy, please.

[@pamherman6363]

I agree

[@sun_buddy]

thank you

[@highlyfavoredoneblessed8561]

I thought he recovered like Ramsey? I’ll check it out, we all can learn something from them.

[@slackerjo]

While there is a bit of advice that is somewhat helpful in his book, he's made his money off being a brand. He sells expensive seminars that don't teach you anything but always promises the answer(s) to everything in the next level (and more expensive) seminar. There are many, better researched books out there with practical advice and tips that teach solid financial education principles without the upsell.

[@sun_buddy]

@@slackerjo this reminds me of that video toxic world of self help by james jani

[@issyaddams8297]

Can you please make another video Reallyyy talking about some of these lessons. I have a lot of questions 😅

[@kyf_]

+1!!

[@carmenalabat8425]

💯💯💯💯💯💯💯💯💯 Gems dropped!

[@freedomring3022]

I subscribed just to see you get that Tesla

[@FrugalMamma]

I just subscribed. Hope 1 more will get you closer to the Tesla...

[@kateb6893]

"Winners and losers have the exact same goals, it's the actions that make a difference." I'm happy for you that you've made a few great decisions that were well-timed for the real estate market in your area, and it's clear that frugality is a piece of that recipe. But you will not always be able to control every element, and you WILL experience tragedy, catastrophe that is outside your control, loss....and you may not stay financially rich or even solvent as a result. Come back when you're 50 and tell us how it went.

[@briandbenson]

Rode in a Tesla model 3 and model Y for the first time a couple of weeks ago. Both had very bumpy rides and a lot of road noise. Setting aside Elon Musk as a good reason not to buy one, I wouldn’t buy a Tesla because of the poor ride. And they’re fugly.

[@zakth1625]

@08:48 Ferrari not Porsche, if you've done that on purpose, genius haha

[@GabeBult]

idk lol he likes alot of cars

[@nanettemagno9338]

How do you deal with the income tax? That’s a challenge for me and my husband. We keep having to owe every year. We have a rental property that we barely get profit from it because we are afraid to make too much and then in turn have to owe more.

[@jolantabona3050]

Hire smart accountant for Tax Declarations.

[@seanfurlong1697]

Hey Gabe, the Webull link didn't work.

[@florence4845]

Background music...why do you need to distract?

[@Heroes4Hudson]

I'm subscribed just so you can get a Tesla... Tesla's for everyone!

[@tanisemmello]

❤

[@_-6912]

Tesla is overrated!

[@HalfwayJac]

Try growing up with an absent mother and a drug addicted father in the poorest city in America and see how far you get. No means to education, no transportation, not even KNOWING what your needs are because you have never even been taught that you are entitled to be treated as human. You didn’t have to struggle in a world full of mental iillness and drug addiction, not knowing a better way out. I guarantee with (your) money that you wouldn’t be here. In fact I know it. The fact that you were even able to live with 2 parents while you saved up is unheard of where I come from.

[@wilfriedvomacka1783]

Here, I'm giving you 1/500,000 of Tesla.

[@kyf_]

I'm jealous😕😂

[@beth3535]

Fierce and an alarmist. That said, he does offer solid advice. … I meant Mr. Kiyosaki

[@cronabaraka4344]

Very cool, when did you get the chance to meet Robert Kiyosaki? Did he implore you to vote for Trump? Lol

[@HalfwayJac]

The thing is, I don’t want to be rich. I never have. What I want is to be ok in life and not struggle living paycheck to paycheck in this 9 to 5 rat race, being stuck for the rest of my life.

[@kylecross8066]

Sorry, but this oozes capitalist diatribe. There MUST be a majority of people in the Employee quadrant, for example. SO your advice is to what, work hard to make it big so you don't have to worry about the majority of people? That's not just evil, its bad advise, meant only for people who are luck enough to have that leg up needed to break free from the worker class. idk it just seems tone def and not truly actionable. I am editing to say, I don't dislike your content, and think you have a lot of talent and good things to say. But jeez man, moderate your resources, maybe add a little Marx in there, you might be surprised at what you find.

[@rosa.athome]

Subscribing so you get your Tesla !

[@passionforthinking6751]

Why didn’t you finish school?

[@happyladyhere422]

I beg your pardon, jobs aren’t for losers? How offensive! You have insulted me, questioned my integrity and even questioned my faith!

[@BigBSinclair]

Totally agree.

[@happyladyhere422]

@@BigBSinclair I want an explanation. I was taught to work hard and gained a lot of skills through work. Explain Gabe Bult!😀

[@kyf_]

@@happyladyhere422 He went a bit too hard on the statement... he for sure knows that without work, there's no money to create some cashflow out of. Let's forgive him 🤷‍♂😆

[@happyladyhere422]

@@kyf_ Completely 😀

[@garygareth]

Tesla ? Lol 😅 would never bow to musk can't stand him 😡

[@Ladysavant]

Finding that he has a book out with Trump is definitely off putting to say the least.

[@turtleanton6539]

Yeeeea

[@ONCEINABLUEMOON1993]

Die poor isn’t a good thing? I don’t want not being able to enjoy my money before I die.

[@BigBSinclair]

Offensive thumbnail, poorly worded title. "Losers"?

[@kyf_]

It's catchy for the eye.... i don't think we should take it as serious

[@BigBSinclair]

@@kyf_ I know, it's just clickbait. Notice how he has corrected the title of the video?

[@musiquefrique]

This is a privileged and ableistic take. Good mansplaining from the white guy.

[@puneetjindal6426]

Right everything is my fault.. Now u all 5 percent people are dead for me

[@treydick9330]

you are so pretty

[@PineappleOnPizza69]

RD/PD is a scam. Kiyosaki doesn't even own shit and declared bankruptcy on many business. Do research on that guy

[@Godblessforeveryone]

❤

[@kyf_]

❤