Robert Kiyosaki advises on financial planning, goal-setting, education, investing in assets for security

From Yahoo Finance: 2025-05-25 09:18:00

Looking for financial advice for a more secure future? Robert Kiyosaki, author of “Rich Dad Poor Dad,” offers guidance on wealth-building. He recommends comprehensive financial planning, setting clear goals, and acquiring financial education for a wealth-building mindset. Simplify your financial life by automating tasks and consolidating accounts for smoother money management.

Kiyosaki suggests prioritizing saving or investing before paying bills. Even with debt, allocate money to your future, contributing to retirement and emergency funds first. Regularly review financial strategies, especially tax planning and insurance coverage. Kiyosaki discusses three types of investing styles: hands-off, semi-active, and highly active, emphasizing the importance of matching your approach to your personality and goals.

Focus on investments generating passive income, like rental properties or dividend stocks, to build a system that earns money over time. Kiyosaki believes in building a portfolio of assets for financial security, rather than working more hours. Interested in building a legacy? Check out expert advice in the Life to Legacy guide for smart moves to make today.



Read more at Yahoo Finance: Robert Kiyosaki’s 4 Top Pieces of Advice for a Secure Financial Future