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'Rich Dad Poor Dad' Author Shares Big 'Money Lesson' from His Popular Book

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Mon, 9/09/2024 - 7:54
'Rich Dad Poor Dad' Author Shares Big 'Money Lesson' from His Popular Book
Cover image via U.Today

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Robert Kiyosaki, prominent financial expert and investor in Bitcoin and gold, and author of the classic book on financial management “Rich Dad Poor Dad,” has addressed his multi-million audience on the X network to reveal to them an important secret related to money.

He believes it to be a fundamental issue and a “lesson” associated with his aforementioned book, published back in the late 1990s.

"Money secret" from Robert Kiyosaki

Kiyosaki took to his X account to share with the audience the “two biggest lies ever told.” They are “and they lived happily ever after” and “I’m not interested in money.”

The author of “Rich Dad Poor Dad” stressed that money plays an important role in family life, and that “more marriages break up because of the lack of money, than infidelity.” The second lesson he addressed was “And there are many marriages that break up because of too much money.”

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Kiyosaki loves to share such "Rich Dad" lessons from time to time, however, he also frequently talks about the world’s largest cryptocurrency, Bitcoin, in his tweets.

He considers BTC a risk-off asset, a safe haven, similar to gold and silver, and often encourages his audience on social media to purchase all three of these assets. Several times, Kiyosaki tweeted that he purchased more Bitcoin, adding to his stash, when the BTC price took a dip this year.

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"Trillion dollar reason" to buy Bitcoin from Kiyosaki

During the last week of August, financial expert Kiyosaki published a tweet, in which he revealed a “one trillion dollar” reason to buy more Bitcoin, silver and gold. That reason was the fast-growing national debt of the U.S.

Kiyosaki pointed out that the U.S. debt has been growing at an alarming speed – roughly $1 trillion every 100 days. Fast-expanding debt is down to the U.S. government printing billions of dollars and fiat money quickly becoming worthless, according to earlier tweets by Kiyosaki.

Therefore, he believes that once the U.S. dollar and other fiat currencies collapse and mega inflation hits leading countries, Bitcoin, gold and silver will be among the few assets that will be able to save one’s funds from elimination.

Kiyosaki even predicted Bitcoin to hit $350,000 this August. However, that prediction did not live up to reality.

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