Why 'Living Below Your Means' Is Keeping You Poor

[@heidvsjekdndjdfjcc2837]

Don't simply retire from something; have something to retire to. Start saving, keep saving, and stick to investments...

[@ClaudemirRotava]

It’s really heartbreaking to see how inflation and recession impact low-income families. The cost of living keeps rising, and many struggle just to meet basic needs, let alone save or invest. It’s a reminder of the importance of finding ways to create financial opportunities. You've helped me a lot sir Ricky! Imagine i invested $50,000 and received $190,500 after 14 days

[@joshraphaelbatusin933]

Absolutely! Profits are possible, especially now, but complex transactions should be handled by experienced market professionals.

[@jameslongwell5025]

Some persons think inves'tin is all about buying stocks; I think going into the stock market without a good experience is a big risk, that's why I'm lucky to have seen someone like mr Ricky Wen.

[@sky9935]

Ricky Wen demonstrates an excellent understanding of market trends, making well informed decisions that leads to consistent profit

[@lucassilvaoliveira6064]

nice! once you hit a big milestone, the next comes easier. How can i reach him, if you don't mind me asking?

[@bobnankervis9722]

Robert, I have followed you for years. I listen, learn and take it all in. I know your philosophy is to borrow, be in debt and own assets from that borrowing. However, for me, I respectfully disagree with not living below your means. I lived below my means and invested almost every penny between my cost of living and my income. That is what allowed me to purchase assets and become financially independent. Could I have more assets today if I used other peoples money? Yes, but my goal was not to spend my life getting rich but to live a full life. I have accomplished that goal. Having 'more' money was not that important to me. If your goal is to get rich and have more money than you need, then by all means, use other peoples money and you can do that. It all depends on your personal priorities in life

[@N3Garage]

i think the only time you can live above your means, when youve mastered using debt to acquire assets, only if you have assets that generate income that could pay for your future compounding debt, then by that time you can live a little bit above your means like when you have 11 apartments you live in 1 and you rent out the other 5 then you can use a portion of the other 5 apartment earnings to get more loans to get more apartments, then next u got 15 apartments, 15 becomes 20 and so on and if you mastered that, like robert claims to be, then its ok

[@Qrayon]

Your way makes more sense. Living below your means does not necessarily make you poor, or mean that you are going to be poor.

[@victoriassecretisluv]

I lived below my means for 4 years when I started off life and someone stole all of my savings ! Then I met Robert Kiyosaki by his book rich dad poor dad . I mortgaged my car for a downpayment on a property . Then flipped it and made a great profit . There was no turning back after that . Thanks Robert !

[@yuriid767]

Poor people are mostly focused on buying groceries and paying bills rather then buying assets. It’s easy to say that you should just buy assets that pay off your liabilities when you can actually do that, but most people simply don’t have the capital to buy it, no matter how long they play the board game.

[@marcosct86]

They need to live below their means to be able to buy assets. Robert forgot that part

[@road_king_dude]

Guilty 🙋‍♂️

[@scotttovey]

The purpose of inflation, is to keep you from being able to buy assets that will in turn, pay for your liabilities. Then there's the government definition of asset. Anything that you possess is; according to the government, an asset, even if it is not putting money into your pocket.

[@fl3082]

Right. And you don't have a TV (or two?), the latest cell phone, more than two pairs of shoes, a car payment, Netflix, and you never buy Starbucks? You could find the money to invest if you wanted to. You can buy a vending machine for under $3,000. Buy cans of soda or bags of chips at Costco for 25 cents apiece and sell them for $1.35 or more. How long would it take the machine to pay for itself? How many machines would you need to pay your electric bill or your cell phone bill? You could buy a 3 bedroom house and rent out the other two bedrooms. The difference between rich and poor isn't what's in your wallet, it's what is in your mind. When you learn to "see" rich, it's hard to stay poor. Public education in the U.S. is designed ON PURPOSE to teach you to only see poor.

[@bobnankervis9722]

​@marcosct86 Actually Robert did address that part. In fact he called us 'fkn stupid for living below our means'

[@starzba6291]

I listened to him on buying gold 4 years ago, and now the price is up. I wish I bought a lot more. Also, I can sell it without been taxed.

[@vd.s6158]

Same here

[@atulkumaryadav3047]

Liberated me when you said You don't need 3 cars but god says you can have them. Honestly great thoughts by someone who is earnestly on a mission.

[@FromTheHood2TheWoods]

Wow this man needs a spiritual awakening. Fast. From somebody who’s had all the money in the power as a teenager up into my mid 20s and realized it’s all vanity and pathetic. The only thing that matters is love, family creating memories in learning about the nature of reality in drawing closer to God.

[@LilithTheAquarian369]

This brings tears to my Aquarian eyes. All my life I had a nagging feeling about what my family/religion/society told me about the frequency of money was wrong. That’s all I heard “live below your means” “you have to work hard if you want to be rich/wealthy” that never say right with my Eumelanin soul. I like to work smart and not hard. ♒️ I need to be around like minded people. The way I think is futuristic. I want to live in a smart city with smart walls. ♒️ If I was around the right people, I’d be a multimillionaire by now. (Amazon stock 2008) I had won a settlement and had I invested in it I’d be fine right now. You live and you learn. Now I have another chance and I need your help. I will never take financial advice from poverty minded people that live paycheck to paycheck and don’t own any assets. I swear being poor is like a mental illness. 👁️ And I love Trump. Something about that man is very special I feel it in my soul👁️

[@alexb8926]

There is always Bitcoin also! I knew about it around 8k and if I had bought then I would be wealthier then I am now 😅

[@DannyBrooks1]

You first have to buy assets and then the assets can buy you cars and other liabilities. He failed to mention the way you accumulate assets is by saving money to invest with first.

[@pietermeulendijks7667]

Thank you Robert and your family! You changed my live!! My perspective on what money is changed the moment I started reading your books!! I buy multable at the same time and give em away to anyone who is interested! We all should know!! All the best for the new year!!

[@andyle9443]

just about 10 minutes. huge better than at school 10 years. Thanks, sir

[@informacoesdigitais1]

9:58 minutes. Not 10.

[@SarfrazKhan-b1s]

My self danish khan I am from India main app ko 2 saal se follow kr rha hun aure app ki books rich dad poor dad cash flow coordinate bhi read kiye hun main 10 class ke baad se school droup kr diya hun aure debt aure tax ke bare main learn kr rha hu. So itnna Sara knowledge Dene ke liye sukriya ❤❤

[@timothyrussell1179]

I bought the three book set, then Increase Your Financial IQ. Moat recently, bought Midas Touch, about to start it this month. It has been WELL WORTH the cost of a few books and the time reading them. I learned a lot, and I'm writing income statements and balance sheets for my small biz and household for the first year ever in 2025. Thank you, Robert!

[@ChrisCannonWealthVersity]

People really don't understand the importance of Living ABOVE Your Means, because it's not about living above what you can afford! It's about living above what you've been programmed to settle for!!!

[@TheFirstRealChewy]

I don't understand this thought process because settling has never been in my programming.

[@timsgta]

No OP it's BS to have 800+ car payments for 7+ Years on at least two cars which is what most people aspire to. That's just one example.

[@DR-cu2fl]

Sounds like a bunch of nothing.

[@waynehendrix4806]

What you're programmed to not settle for , all comes up in bankruptcy court. Scales of justice.

[@timsgta]

@@waynehendrix4806 please speak more plainly because what I take from you is that it's okay to have debt and not own anything and it's okay to go bankrupt also

[@mrwonderful4616]

Good ol Robert polluting common advice to create controversy. You have to live below your means and resist lifestyle inflation every time you get a salary increase. However the piece that Robert is missing is that leftover take home pay you need to invest in your future - investments, career up skilling, etc.

[@MisterUrbanWorld]

I use to run a 5 figure per week cell phone shop on eBay thanks to Steve Jobs in my 20s. It was because of the iphone that I was able to get in back in 2009, because so many factories were making touch screen phones to get a piece of the market, so I'd have phones dropshipped. This was during the time phones had a resistive touch screen, meaning you had to press extremely hard in order to scroll to the next section. Good Times. I was still working a minimum wage job while operating this. However, I was still an amateur, so the business didn't last long. I type this to say it's POSSIBLE for anyone if you plan correctly.

[@christinajones7319]

I would love to meet you, Mr. Robert! Thank you, for helping us!!

[@justacinnamonbun8658]

Kiyosaki used to be more level headed, as we all age we lose our filters and we tend to become a little cooky which is what we are seeing here, same with Trump when he was young he was level headed and more measured in his speech. I respect Kiyosaki for his past works and words, Rich Dad, Poor Dad is an excellent book, I had all my kids read it, these days he's just constantly flying off the rails. Basically if you take a person that has ZERO money, wealth, assets and label them at 0 on a scale from 0 to 10, and 10 being a billionaire, what he's doing is he's shouting from level 10 straight to level 0 asking them why are you at 0, why aren't you a 10?? I mean you can't do that, it's not fair, there's a bunch of reasons why the poor are poor, he's right when he says the schools suck because they do, but at the same time you can't expect miracles, easy for him to say what he says from his position.

[@Terri-o5q]

1. Poor people have POOR mindsets 2. I spoke to a young man yesterday whom I have not seen in 26 months. He looked a lot older, more stressed and guess what? He was STILL smoking. 3. Let's do some math: The kid has a $500 a month habit.. of smoking. Multiply that by 26. THERE'S his money for an asset i am older, permamently disabled and have volunteered my time for years, attempting to teach proper money strategies to young and old and I can tell you that 10000 per cent of the time, each and every time I go into low income neighbourhoods (even middle income neighbourhoods now) there is one thing that the poor always do, they always develp POOR HABITS. We can blame our schooling, our chidlhood, you name it BUT what sets someone APART from everyone else is..........desire. Desire to rise above it all, shut everyone out, SEARCH OUT people you want to be like, stop making excuses. A few days ago, an older couple from my area recognized me and started talking about the economy, how they were "barely getting by" and the woman told me that she and her husband decided to cut out either coffee or eggs. The coffee won out so the eggs went bye bye. However, I noticed they had LOTS of pet food. Now, follow me here. You are SO broke, you have to choose between eggs or coffee BUT you have tons of pet food in your shopping cart? Here was her answer:"I'll skip one meal a day or a few a week but I told my husband I refuse to give up my dogs or any of my animals!" "Oh, how many do you have?" "Enough!!" was her reply. One thing I know that they don't is that I happen to know they frequent my local food bank. They don't HAVE to. They DO have money to pay for their things. They just don't WANT to cut out anything.. except eggs while those who ARE in need have no pets and HAVE to go to those food banks. I have volunteered for a few of those people (cancer, strokes) The problem with westerners, americans in particular is we do not know the difference between need vs want. We NEED everything. No one needs 3 dogs, 2 cats, a bird and complain that they have no money or can barely hang on. I have worked with people who came from nothing who saved and saved and finally were able to buy that asset or assets We need to stop complaining about the rich and "those who have everything while the rest of us get poorer", drop that mindset and figure out HOW to get that asset.

[@Longlostpuss]

He also stands by accumulating most of his wealth through lots and lots of debt, apparently he loves debt because it's tax free. Debt is NOT an asset, it's a LIABILITY, so he's contradicting himself. That's why I wouldn't take this guy's words for gospel, he's all over the place.

[@justacinnamonbun8658]

@@Longlostpuss Problem is he's trying to give advice to the wrong people. He's not giving advice to the working poor, when he says he has debt and uses debt to make himself wealthy he's really talking about a strategy that the wealthy already use. There are also legal loopholes as to why one would opt for debt vs. owning something outright like when you lease or finance a car, if you get sued and there's a judgement entered against you and you don't have enough money or assets to cover the judgment they will go after cars you own outright as there are no liens to have to satisfy, they won't go after your financed car.

[@Longlostpuss]

@@justacinnamonbun8658 I 100% get what you are saying, but the rental car is still a liability, it's an overhead you don't need. You are effectively overpaying for a rental car rather than just buying a good reliable 2nd hand car outright and saving yourself the monthly outlay. Advocating debt as if it's an asset doesn't make sense. If you become insolvent and you have no assets, you will have to declare yourself bankrupt. For some people who are connected, it won't really matter, but for the average Joe on the street, bankruptcy can absolutely finish you i.e. you will lose any credit score you spent years building up and some employers/insurers won't touch you. Debt is just not good full stop. If starting a sustainable business, I do understand that most won't have much of a choice though and that's IF they can even secure the loan. Alot of people hustle for their start up capital, I don't believe you can be rich and clean at the same time. Alot of funny business goes on for people to become that super powerful.

[@TS-gg9dk]

@@Longlostpuss If the debt is used to buy assets that gives more cashflow than the interest on the debt it makes you richer.

[@jacobgreene7340]

It's always been my dream to be some kind of businessman. It's nice that you would take some time out of your day to make this video. God bless.

[@Preston_Smith]

Even business management majors, those teach you how to manage someone else's business they don't teach you how to manage your own business or to buy businesses or to start businesses

[@macruizphotography]

its because business management is in the business of management. If you want to learn how to BUY you need to become a lawyer because they are always involved in asset purchasing, business purchasing etc.

[@KaiyaKramer]

I’m so pissed I went to college and am thousands of dollars in debt with nothing to show for it.

[@mavrickwatts4030]

Did you at least earn your degree? And what did you go for? You can always pivot.

[@vd.s6158]

What degree did you get?

[@WealthyChronicle]

Controversial take, but I can't help but agree. Our education system really drops the ball on financial literacy. It's time we demand better for our kids!

[@jimmyburnett2245]

I am on my way to change..I watched him years ago but didn't have the right mindset...now I am watching and following Loral Langemeier ( who BTW used to work for Kiosaki)...

[@abcdLeeXY]

I fully understand this concept but whole heartedly disagree with the idea in reality. There’s always something to learn either you agree or disagree so thank you for the thought provoking conversation.

[@TheFirstRealChewy]

In summary he's just saying become financially independent and your lifestyle inflation should be no greater than the growth rate of your assets. You have to live below your means. Afterall, his assets make more money in a year than it costs to buy a few cars and he wouldn't dare say that he'd liquidate all his assets and spend it all on liabilities in a single year, otherwise he'd be poor.

[@erikknoll9084]

I lived from paycheck to paycheck my entire adult life with the dream of being wealthy with multiple businesses under my belt! Obviously I am missing something to be able to get to that point! I am 53 currently and still trying to figure it out!

[@glennwhitt-hs7rh]

So how do I get from living in my 35 years old $1,200 travel trailer and my 1992 truck, I'm raising my grandson and can't afford a sitter, my grandson is handicapped and I started a part-time lawn service. I own no land and no assets, I've always been a pretty good monopoly player. I learned that you can't make chicken soup with chicken 💩 poop.i love real estate and I have a feel for the market. I want rental property and an r.v. park.reality is banks Will not talk to guys like me.. I cut meat for 24 years and was a corrections officer for 8 years and I made many people thousands of dollars but I got no retirement and now I'm older and broke. What do you suggest Robert? I'm not a good salesman. Where do I begin please?

[@waynehendrix4806]

That's a sad point. What you do have is youth. Hang in there young man.

[@AyseYildiz-fd5hf]

I see XAI320K moving right along side all the Alt's you mentioned! Plus I see all the Alt's plus XAI320K moving in lock step in the charts! My point is XAI320K is cheap! Retail likes buying cheap! Especially when that cheap item is on the verge of becoming expensive

[@waynehendrix4806]

I don't think it matters what kind of bike you have.

[@totrucq2l7g]

Thanks for the XAI701B update! I am loving my XAI701B!

[@amxnetwork]

Love this guy so much. Genius & sharp as it comes!

[@Buppasiri1]

Asset's finance liabilities. Got it. But how do you start buying assets when living paycheck to paycheck?

[@larss589]

The first thing you put aside when you get sallary every month is what you want to save. For example$100 or $50 or $1.

[@andonibrunenpotenciación]

Thanks Robert. This lessons are invaluable. Thanks, Thanks, and once again, Thanks.

[@simpleman4196]

It makes sense what he says but... Most people don't have money to buy an asset. I have only a few thousand in savings. I live in an area where the average yearly income is around 60k a year. No one here has extra money to buy things except pay bills and groceries. Everyone cuts their own grass and makes their own coffee. How can I go from nothing to owning something that makes me money?

[@TS-gg9dk]

@@simpleman4196 A stock/share that pays dividend is an asset. Start an account that is tax sheltered and buy stocks that pays monthly dividend. With those dividends you buy more such stock. Then you get more dividend. Repeat.

[@Stickykobe420]

You have to play the stock market and similar things. Learn the cycles, takes a few years but it’s not that hard when playing the long term cycles, they come every few years. By your 3rd cycle you could be up 10-50x on your investments, then get 0 percent credit card debt and use it for investment or loans, but you have to learn the markets first and at that point is almost risk free. At most you lose a tiny percentage of your investment, but you have to first learn the markets.

[@simpleman4196]

@Stickykobe420 in the past month I have been watching the markets and trying to learn. I have a lot to learn tho.

[@ahmaddiab7155]

Thank you for all your information. But can you make a video about what exactly are assests and how to physically acquire them? Like what are the correct steps to reach from i dont know what to buy or do... To that's the asset im getting next. Thanks

[@waynehendrix4806]

The asset is book sales, generated out of video that tells you nothing.

[@cubitaid2454]

I'm wishing to visit Robert just to say Thank you! for true to your mission.

[@easybeart]

Excellent advice! I just went out and purchased a $300k Lamborghini with a 5.8% 30 year loan.

[@asianmovement]

😅. This is one of Roberts bad advices

[@tiagoferreira522]

A lambo car is not an asset. You should buy Ferrari stocks😂

[@PremiumFuelOnly]

Robert didnt say buy a Liability with a Loan, watch the video again.

[@waynehendrix4806]

@@PremiumFuelOnly That's in lesson #3. Lesson #3 is only $100,000. His bankruptcies are only several....

[@steveholloway1963]

Its all down to your thinking most people i know don't have money for investment but can always afford to go to the pub and smoke all day. Bitcoin can be bought in tiny amounts but they still won't do it. You are correct Robert.

[@bubaidey733]

When I 1st show u in vdo I know u r most noble honest person. I invested in antique coins stamps and also gold. I never trust Paper money after demonizing in india. Paper money worthless. Real asste worth more. I am numismatic. I collect antique coins since my teenage. I spend good time with coins.those r work of art. Also those r real investments. When teenage age back people call me mad for coin collection. But now they understand how much property I creat my own "madness"😂. Don't call yourself old sir plss. U much much younger than this smart phone social media freak generation who destroy life in durgs and madness

[@MD-cq8lb]

LMFAO...minute 5:05....."Tadááá😂❤

[@WealthMindset-99]

04:09 How can one distinguish between wisely "living below your means" and excessively restricting oneself to the point of hindering financial growth?

[@BadBoyForLif3]

good inspirations but u know guys to make asset u need capital ,so u must borrow that capital ,that capital must be (must be ) ,u know 1st step began with full bag of currency ,then can be transfer to assets . So to start u need somebody to help u, somebody to push u , other steps are depending of that person till he develop or get down and many diff factors included or to be include . U know 50% of us we know how to secure our future a bit ,but nobody gonna give u away that u need to be getting start ... ;) . With prosper n respect into all of u !

[@pinokunschner7180]

Great explanation! Thank you!

[@TheFirstRealChewy]

He's telling you what you already know. Spend less than you make and use the difference to buy assets such that your assets can pay for your lifestyle. Hence become financially independent.

[@realamerican911]

Okay... I want 2% of this idea. Make your game an app. No paper, stores, no waste, and less oberhead.

[@PauloNideck]

Simply the best

[@Muhammadmasoud-z7i]

Thanks robert for giving financial education. God bless you ❤❤

[@resourcefulgirl]

This is Robert unplugged! I love it.

[@whitewalker9622]

Could you get more into detail on the balance sheet thing, please.

[@Ericson-listen]

He forgot to say you get rich by teaching other people how to get rich.

[@luuk6718]

Where can you find how much the US and Europe are printing new every year?

[@jasontryon1315]

Where can I get that game cashflow?

[@MichaelCas-b2x]

I’m 14 and wondering what it would take to become rich at 20 or out of high school please tech me how to understand the idea of wealth

[@lubosimaboshe]

Play Cashflow

[@TS-gg9dk]

@MichaelCas-b2x: Depends on what you mean by rich? You are young, great to start early but out of High school is only four years. Don’t expect to achieve it so soon. Read his books and you will understand.

[@MichaelCas-b2x]

@ ? What book in the video

[@MichaelCas-b2x]

@ also my idea of rich is freedom from work and income that I can have on a day to day basis with no taxes and a high growth

[@MichaelCas-b2x]

I have only read rich dad poor dad

[@Preston_Smith]

I don't agree about the mentality of using money or fancy things for sexual favors or even for relationships. We should be able to have a relationship with someone even when there is no money and if that's not that type of person that would like you even when there's no money then that's not the type of person that you want

[@PaulAlfonsAlan]

Ideally this is true and I’m the same way, but if someone else wants a Ferrari to get some action there is no the point in judging them. In many cases, rich men can use money to get sex and beautiful women can use sex to get money. The words of Robert and the prevalence of OnlyFans back up these points. I also think we both might be singing a slightly different tune if we were both as wealthy as we want to be right now 😂.

[@emmanuelguy-uyco5035]

Thank you for Teaching us about Money The Rich Dad Channel keep up the Good Work and God Blessed You All!!!

[@SpiberKing]

Rich do risk to get rich and poor don't do risk to get poor. Make sense?? anyone agree?

[@fl3082]

You think living poor your whole life isn't risky? Are you counting on Social Security? Are you gambling on dying of old age before McDonalds poisons you to death? Do you think it's low-risk to not be able to afford healthcare?

[@TheFirstRealChewy]

Not really. Unless you got a head start in life, everyone starts poor. You become rich by consistently spending less than you make and investing the difference on assets that grow in value or make money. Failure to do so will keep you poor, it won't make you poor because you are already poor. Investing is the most important thing. We learn about investing in ourselfves to get a job, and saving money in a bank account. However, the growth rate on those tend to be the lowest. I, and I'm sure many others, would love to get a 10% raise every year. There are different ways to invest.😊

[@chompskrrts]

rob i dont stop, i cant stop and i wont stop.

[@forexsigna-m1j]

I want to buy your books and the games but delivery is restricted. I am in South Africa… is there any other way I can buy the materials

[@Mauro_G_P]

8:01 What the hands does the mind remember. Maria Montessori

[@waynehendrix4806]

Unless you are Bill Clinton.

[@mirchimome]

I Hit 110k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started last month 2024. Financial education is indeed required for more than 70% of the society in the country as very few are literate on the subject. thanks to Charlotte Miller for helping me achieve this

[@shandegabrielrojas9350]

I'm surprised that you just mentioned and recommended Charlotte Miller, I met her at a conference in 2018 and we have been working together ever since.

[@ReuletRikki]

The very first time we tried, we invested $2000 and after a week, we received $9500. That really helped us a lot to pay up our bills.

[@GertonTootle]

You trade with Charlotte Miller too? Wow that woman has been a blessing to me and my family.

[@marthasteward0]

I'm new at this, please how can I reach her?

[@masterotrunks]

I was skeptical at first till I decided to try. It's huge returns is awesome. I can't say much

[@LtColDaddy71]

I do really well, always have. I have a lovely Victorian “stealth” (low taxes) home in the country. I have to, with a family and all. But I swear, I’d be more comfortable in a tee pee. My wealth is nature, rich, lush land. I had an airline career for a little over 20 yrs, and the deal I made with my wife, is we’re going to live on the wages of a baggage handler, not a pilot.

[@nicholasdavidson5683]

If you catch Robert calling you a "sports fan", then you know you messed up :)

[@DanXRP]

Always great information content Mr.kiyosaki.

[@huynhhunghb2pt]

I’m really getting bullish on the XAI701B eco system

[@waynehendrix4806]

I still mow my lawn with a Toro.

[@psabrsula]

Robert, my dear, today at 2pm CST in Austin, I am meeting with young entrepreneurs to play the Cash Flow Game. I have lots of things I could be doing today, like writing, working on taxes, updating o&g spreadsheets, etc., but I BELIEVE IT’S IMPORTANT to give back to others who need to change their mindset. It brings me great joy to see their brains and hearts light up! I wish my own kids would play! God bless you, Robert. In my mind, you are EAFC-Earth Angel First Class! 😀🩷✝️

[@scotttovey]

Part of the problem I see, is that the government labels your liabilities, as assets.

[@Kevin-tn5rr]

US government needs billionaires

[@scotttovey]

@@Kevin-tn5rr "US government needs billionaires" Actually, the US Government needs to do what it is teaching people to do in it's educational institutions; Live within and below it's means, and not steal the wealth of the people through the process of devaluing the US dollar, and high inflation.

[@Kevin-tn5rr]

@scotttovey yes that also I have been stolen from I know what ya mean

[@jabaribolden6005]

Thanks for information 👍

[@snachez]

Fantastic video.

[@MrFinancialWellness]

You're really selling that board game.. 💵

[@Emman_18]

I’m still learning the cashflow classic

[@MMCryptro]

Binance infinity ETH bug right now I just made a video to show that

[@yakuzaboss1988]

Nice video

[@terezadasilva2745]

Thank you ❤

[@shirleygriffin7672]

Thanks for sharing today

[@Preston_Smith]

I don't want a ferrari, I want a Ripsaw

[@liveglobal5879]

How do I invest in oil?

[@waynehendrix4806]

I got 5 quarts in my garage. It was easy.

[@TechOutAdam]

The reason I can't stand Dave Ramsey is he's all about sustaining people in bad debt because as long as they're in bad debt, he'll never say "maybe bankruptcy is your only option". He teaches people to be of the system. Where Robert always focused on cashflow and INCREASING your income. I don't care how much debt you're in. If you don't figure out a way to increase your income, you'll never be free anyway.

[@ARealFreeAgent]

Living below my means has allowed me to buy assets and start a business. 🤔

[@Stickykobe420]

That’s another way to do it, but then what did you live for? For security? Did you do the things you wanted to do at the age that you wanted to actually do them? Perhaps you have, but some people want to do many activities and travel and also grow their portfolio. So you have to spend and also create wealth. It’s not the same for everyone.

[@drudini5812]

Living below your means is how you manage to acquire assets in the first place.. it 100 percent is a required tool to get anywhere near what you are talking about robert.

[@nguyenmanhsrekq]

Depends on your finances . 1000$ in XAI701B is 4000 XAI701B if it goes to 50% of ath in 2024 thats a 600% gain. If it goes equal to ath . Its a 1200% gain.

[@NORBERTMagdaleno]

XAI320K is a unicorn! There's a new Sheriff in town XAI320K

[@RILEYPrice-p7w]

In a world dominated by fleeting trends and fragile communities, the XAI320K ARMY stands as an unshakable force. Bold. Timeless. Fearless. The XAI320K ARMY will lead the charge as XAI320K skyrockets to the top. The haters will see it. The doubters will hear it. But those who join will experience it. The strongest army in crypto has spoken. We shall prevail. For XAI320K.

[@painuchiha2694]

People living above their means are stuck in the corporate plantation for life Great advice for cocky old millionaires tho

[@Stickykobe420]

You didn’t get the message. If you need more money, you will find more money. Otherwise you stay at the same level. You have to take risk, he is not saying go out and specifically get a depreciating debt but to spend more on assets and investments. That’s how I got out of poverty by taking risks and not staying in the same baseline. I sought out better opportunities, asked for more pay raises and looked for more investments and moves to make. Otherwise I would still be in the same place. If you procrastinate, next time it may be too late, it’s never the right time to take risks, but the later then worst.

[@stephmeldrich6765]

I like this a lot, in addition to that if you want to simplify your financial life keep debt to a minimum. Cut expenses. Develop healthy habits like consistently saving money at regular intervals for investments to help you build wealth. If you work on this, your financial potential will grow exponentially. There are numerous opportunities to make money on the financial market. With the assistance of my financial advisor Abigail Ann Ryan, I was able to earn my first million dollars through passive investment in a variety of assets and right now my friend is on his way to a million too with her help. Goodluck!

[@adamtennant129]

Truly these are the best investment decision you can make both short term and long term for steady money flow. Kudos

[@harrisonkyunghee]

Thanks. Looking forward to working with her.

[@brokenstacker8297]

The assets are your means and if the liabilities exceed your means(assets) you are broke. You have to live within and preferably below your means.

[@TheFirstRealChewy]

Every wealthy person is living below their means. If not, they are poor. It's as simple as that. You can either spend less or make more. Doing both will allow you to grow your wealth even faster. What you want is to reach the level where looking poor for you looks rich to most. For example, spending $500K a year when your net worth is $100 million is you being very frugal with your money.

[@CordulaĐìnhTrung]

Is it too late to buy XAI701B at $0.90?

[@Aruna-mi2ch]

Thank you

[@CafecitoconDeivid]

My shoes are ok I gotta buy more assets ☕💫

[@narutocck1694]

I will be successful mark my words.

[@joemiller3208]

Robert, your CashFlow 101 video was a game-changer! I never knew my Monopoly skills could translate into real-life financial wisdom-next, I’m expecting to see a tutorial on how to invest my allowance! If this keeps up, I might just become the next Warren Buffet-or at least the king of my neighborhood lemonade stand! Keep the tips coming; I’m ready to cash in on this newfound knowledge!

[@ebuka56]

Living below your means simply means spending less than your income and investing the difference. Your asset being able to buy your liabilities is irrelevant to the topic because you'll never be able to buy income generating assets that can cover your liabilities if you don't spend below your income and invest the difference.

[@spirit-of-living]

Love it 😍 🙏

[@zenlifetv4837]

I like combing Dave Ramsey and Robert's methods together. It has been most successful for me!

[@g.burney4714]

Mr Robert seems to be angry his argument is always full of name calling and profanity. My wife and I live a modest life drive a 14 year old Honda and we are debt free. Keep in mind everyone’s household is different. Wealth is designed to help families with the essentials in life, money when life happens money when you want to pay for your daughter’s wedding or your son’s college education. Uh Iam not sure what a Shelby is😬? Being debt free is priceless. I really do believe Mr Robert means no harm and what an advocate he would be for people who want to be debt free but in other videos he says he’s 2 billion dollars in debt? I’m no financial genius but 2 billion in debt is not wise. The goal is to be debt free

[@budnino8752]

Wait how did he get the Ferrari again???

[@ephraemalowou8120]

I love Robert Kiyosaki. Thank you 🙏🏿 I will aquire assets and become extremely wealthy 😎

[@NichellePemberton]

Should I buy more XAI320K?

[@QuangTuấnAlisun]

Why is XAI701B doing so well? That is concerning to me.

[@Thomas.Bolleiro]

As soon as I see his face on a thumbnail, I’m always sure I’ll hear “schools” and “debt” What a tool

[@labnine3362]

I love this guy.

[@codykrause6998]

Was that just how it was cut or did he say ex-wife Kim?

[@steveosmonson6535]

6:48 ex wife Kim? Is that right?

[@lubosimaboshe]

😂 awesome 😎👍💯 video thanks