Codie Sanchez Says She Disagrees With Robert Kiyosaki About This 1 Thing: Who’s Right?
From Yahoo Finance: 2025-05-03 11:02:00
“Rich Dad Poor Dad” author Robert Kiyosaki argues that working a W-2 job limits wealth-building, as taxes are higher and earnings are capped. However, Main Street mogul Codie Sanchez believes that earning income doesn’t matter as long as you invest wisely. Both Kiyosaki and Sanchez focus on building wealth through strategic investing.
Although Sheryl Sandberg became a billionaire while working at Facebook as a W-2 employee, most of her wealth came from portfolio income, not her salary. Investing over time is key to financial success, as shown by a study of millionaires who prioritized consistent investing, including in a 401(k).
Sanchez and Kiyosaki both emphasize the importance of investing, with Sanchez using her companies to help others achieve financial freedom through business ownership. Both agree that leveraging earnings from a job to invest in oneself is crucial for building lasting wealth. Their philosophies align on the idea of using earned income to fuel dreams and build businesses.
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