Chapter
Financial Education and the Future of Pensions
31:35 - 47:38 (16:03)
Robert Kiyosaki discusses the importance of financial education, the shift from capitalism to socialism, and the potential crisis looming for pensions after the pandemic.
Clips
Robert Kiyosaki advises choosing your teachers wisely as his rich dad suggested pursuing financial education instead of a Ph.D. which eventually gave him success instead of just getting a job working for someone else.
31:35 - 33:39 (02:04)
Summary
Robert Kiyosaki advises choosing your teachers wisely as his rich dad suggested pursuing financial education instead of a Ph.D. which eventually gave him success instead of just getting a job working for someone else.
ChapterFinancial Education and the Future of Pensions
Episode943 Robert Kiyosaki: How to Become Wealthy in a Down Economy (The Rich Dad Poor Dad Guide)
PodcastThe School of Greatness
The speaker explains how the current financial system is going from capitalism to socialism, and how the rich are benefiting while the middle class suffers.
33:39 - 37:26 (03:47)
Summary
The speaker explains how the current financial system is going from capitalism to socialism, and how the rich are benefiting while the middle class suffers. He mentions the problems in various financial markets and how politicians like Bernie Sanders, AOC, and Elizabeth Warren are promoting hardcore socialism.
ChapterFinancial Education and the Future of Pensions
Episode943 Robert Kiyosaki: How to Become Wealthy in a Down Economy (The Rich Dad Poor Dad Guide)
PodcastThe School of Greatness
The speaker discusses the history of pensions, their decline in popularity, and the rise of 401k plans in the United States, as well as the controversy over the impact of fees and mutual funds on retirement savings.
37:26 - 44:06 (06:40)
Summary
The speaker discusses the history of pensions, their decline in popularity, and the rise of 401k plans in the United States, as well as the controversy over the impact of fees and mutual funds on retirement savings.
ChapterFinancial Education and the Future of Pensions
Episode943 Robert Kiyosaki: How to Become Wealthy in a Down Economy (The Rich Dad Poor Dad Guide)
PodcastThe School of Greatness
Real estate investment can lead to tax breaks as it is considered providing housing, while donations to organizations such as PBS or a church can also result in tax breaks.
44:06 - 47:38 (03:31)
Summary
Real estate investment can lead to tax breaks as it is considered providing housing, while donations to organizations such as PBS or a church can also result in tax breaks. Using debt to buy real estate can also lead to less tax payments, with more real estate purchases leading to even greater benefits.