Synopsis
Beat conventional advice on personal finance, investing, and business with the author of Rich Dad Poor Dad, Robert Kiyosaki. Get ahead with his pull-no-punches style of challenging the advice we’ve all been given on money, investing, and the economy. Frustrated and frightened by the financial advice being given by the mainstream talking heads, Robert Kiyosaki sits down with professionals from the world of money, investing, business, and personal development. Listeners will be provided various viewpoints on how to set themselves up for financial success. If you’re looking for get-rich-quick tips and tricks to investing, move on. Listeners dedicated to the craft of finance and a better life, subscribe! New podcasts released weekly!
Episodes
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House Hacking 101: What It Is and How to Get Started
11/10/2024 Duration: 39minSign Up for Jaren's FREE Event: "How to Buy Profitable Real Estate Deals" - https://bit.ly/4eFuLV8In this episode of the Rich Dad Radio Show, host Jaren Sustar sits down with seasoned real estate investor Ryan Burnham to explore the power of house hacking as a strategy to achieve financial freedom. Ryan shares his inspiring journey from working a traditional job to building a thriving real estate portfolio through house hacking, offering valuable insights for aspiring investors looking to reduce living expenses and grow wealth through smart real estate investments.What is House Hacking?House hacking involves purchasing a property as your primary residence and renting out extra spaces to generate income. Whether it's a spare bedroom, a basement suite, or an additional unit in a duplex or triplex, house hacking allows you to cover mortgage costs and lower your overall housing expenses. This flexible strategy can be adapted for short-term, mid-term, or long-term rental options, depending on your financial goals.
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Market Crash Coming? Here are the Signals
09/10/2024 Duration: 44minIn this episode of the Rich Dad Radio Show, host Kim Kiyosaki is joined by renowned macroeconomist George Gammon to break down the complexities of the current economic landscape, focusing on **oil and gas investing** and the broader financial trends shaping our future. If you’re looking for insights into recession indicators, market reactions, and how global factors like commodity prices and geopolitical tensions impact oil and gas, this episode is a must-watch.Understanding the Inverted Yield CurveGeorge Gammon explains the significance of the inverted yield curve, a key indicator of economic uncertainty. When short-term interest rates rise above long-term rates, it signals a lack of confidence in the economy. Gammon points out that financial institutions are moving toward safer assets, like treasuries, which is contributing to the yield curve’s inversion—often a precursor to a recession. This trend plays a crucial role in oil and gas investing, as economic instability often drives market volatility.The Fed’
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How to Make More CASH FLOW with Mid Term Rentals - Jaren Sustar, Jesse Vasquez
03/10/2024 Duration: 41minLink to: How to Buy Your First Investment Property: https://bit.ly/4dAhig3In this episode of the Rich Dad Radio Show, host Jaren Sustar is joined by real estate entrepreneur Jesse Vasquez to explore one of the fastest-growing trends in property investment: mid-term rentals. Positioned between short-term vacation rentals and long-term leases, mid-term rentals are gaining traction as a stable and profitable option for investors. If you’re looking to diversify your real estate portfolio, this episode is packed with actionable insights on how to capitalize on the mid-term rental market.What is a Mid-Term Rental?Jesse Vasquez breaks down mid-term rentals, defining them as stays ranging from 30 days to several months. This strategy offers a perfect balance between the quick turnover of short-term rentals and the stability of long-term leases. Mid-term rentals are increasingly popular among professionals like travel nurses, engineers, and individuals on temporary assignments, providing consistent and reliable incom
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Bitcoin and The End of Fake Money
02/10/2024 Duration: 36minIn this episode of Rich Dad Radio Show, Robert Kiyosaki sits down with Bitcoin advocate Anthony Pompliano to explore the future of money, the flaws in traditional financial systems, and the rise of Bitcoin as "digital gold." With insights into the transformation of money, this conversation covers the key principles of sound money, the historical devaluation of currency, and why Bitcoin is becoming a crucial asset for safeguarding wealth.The Devaluation of Money: A Historical LookRobert Kiyosaki kicks off the conversation by recalling the end of real silver in U.S. currency, using the example of the 1964 Kennedy half-dollar. Post-1964, U.S. coins were primarily copper, marking a pivotal shift in the nation’s monetary system. Kiyosaki references *Gresham's Law* and how bad money (like copper) drove out good money (like silver), igniting his lifelong study of the financial system.Why Bitcoin is "Digital Gold"Anthony Pompliano dives into the reasons why Bitcoin has emerged as a form of sound money, much like gold
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How to Use Other People's Money to Get Rich
26/09/2024 Duration: 28minIn this episode, we dive into one of the most powerful strategies in real estate investing: leveraging Other People’s Money (OPM) to build wealth. If you've ever wondered how to invest in real estate without putting up a large amount of your own capital, this episode will change your mindset and give you actionable steps to get started. Host Jaren Sustar shares his own journey and breaks down the key methods that can help anyone scale their real estate portfolio using OPM.Why Real Estate?Jaren shares how real estate has been a historically reliable wealth-building tool. When he started buying rental properties in 2018, his goal was financial freedom. Real estate, with its ability to provide both time freedom and financial security, has consistently been a path to wealth for many investors. Whether it's through rental income, property appreciation, or tax benefits, owning real estate can put you on the road to financial independence.The Six Pillars of Real Estate WealthJaren outlines the six foundational pilla
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The NEW Gold? Lithium’s Role in the Energy Revolution
25/09/2024 Duration: 21minIn this episode of Rich Dad Radio, host Robert Kiyosaki takes you on an exciting journey to the Northwest Territories of Canada, where he explores the future of lithium mining with geologist Francis McDonald. As lithium becomes essential to the global push for electric vehicles and energy storage, this episode sheds light on the immense potential of lithium mining in Canada, particularly near Yellowknife.Lithium: The Future of EnergyRobert Kiyosaki and Francis McDonald dive into why lithium is becoming an irreplaceable metal in the modern world, playing a crucial role in battery technology. Despite lithium being abundant, Kiyosaki emphasizes the challenge of getting lithium where it’s needed at the right time. This conversation highlights how lithium will shape the future of energy, from electric vehicles to sustainable storage solutions.The Northwest Territories: A New Mining FrontierFrancis McDonald gives a detailed geological overview of the rich lithium reserves found in the Northwest Territories. This re
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Learn How to Use Debt for Real Estate Investing
19/09/2024 Duration: 30minIn this episode, Jaren explains the powerful but often misunderstood topic—how to use debt strategically to grow your wealth. While many view debt as a liability, when used correctly, it can be a game-changing tool for growing your wealth, especially in real estate. If you're serious about building wealth, this episode is for you. The Power of DebtDebt doesn’t have to be a burden. In fact, taking on debt, like a mortgage for real estate, can yield returns that far surpass the cost of the loan over time. This strategy allows you to build equity, generate cash flow, and watch your property appreciate in value. Mastering the use of debt can unlock incredible financial growth.The Six Pillars of Real Estate InvestmentLeverage: Use borrowed funds to invest in properties and amplify your returns with minimal upfront capital.Cash Flow: Rental properties provide consistent income, helping cover expenses and leaving you with positive cash flow.Appreciation: Real estate typically appreciates over time, boosting your net
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Invest Beyond Your 401k
18/09/2024 Duration: 36minOriginally broadcast live, host Kim Kiyosaki is joined by special guests Andy Tanner and Nomi Prins for a deep dive into the world of financial education. With Robert Kiyosaki, this episode focuses on the importance of understanding market trends, preparing for volatility, and taking control of your financial future through continuous learning.Key Highlights:Understanding Market Trends: Robert Kiyosaki emphasizes the importance of learning about money and navigating market trends. Andy Tanner shares his expertise on technical trading and how to create cash flow from paper assets like stocks, bonds, and mutual funds.Central Banks and Economic Policies: Nomi Prins offers invaluable insights into the hidden influence of central banks on the global economy. Her book "Collusion" is highlighted as essential reading for anyone wanting to understand how central bank policies shape financial markets.Preparing for Market Volatility: With financial markets becoming increasingly unpredictable, Andy and Nomi stress the i
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How Anyone Can Start Buying Real Estate
12/09/2024 Duration: 36minIn this inaugural episode, host Jaren Sustar shares his personal journey from substantial debt to financial freedom through real estate investing. Jaren details his early struggles with student loans, low income, and credit card debt. He explains how he increased his financial literacy, adopted a disciplined financial strategy, and utilized various funding methods to build a real estate portfolio. Throughout the episode, Jaren emphasizes the importance of financial education, the potential of real estate as a wealth-building tool, and practical steps to start investing in property. Tune in to get inspired by Jaren’s story and learn how you can achieve your financial goals through real estate. 00:00 Introduction00:11 Introducing the Rich Dad Real Estate Show00:38 My Journey: From Pastor's Son to Real Estate Investor02:44 The Financial Struggles of College and Early Adulthood07:27 Breaking Free from Debt: Our Five-Year Journey09:29 The Four-Step Process to Financial Freedom13:25 Learning Real Estate from a Frie
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Bonds, Inflation, and Recession Signals
12/09/2024 Duration: 57minIn this episode of The Rich Dad Radio Show, host Robert Kiyosaki is joined by financial expert Adam Taggart to dive into the complexities of bonds and how they can help you navigate today’s turbulent financial waters. This insightful discussion breaks down the fundamentals of bonds, the signals they provide about the economy, and smart strategies to safeguard your wealth in uncertain times.Understanding Bonds and Exponential GrowthRobert and Adam begin the episode by introducing the concept of exponential growth using the analogy of a single drop of water doubling in volume every minute. This sets the stage for understanding the precarious state of the global financial system and why it’s essential to grasp how bonds work.Types of Bonds and Their ImportanceThe discussion moves to bonds—financial instruments representing loans made by investors to borrowers. There are several types of bonds:U.S. Treasury Bonds: Backed by the U.S. government and considered the safest form of bond.Corporate Bonds: Issued by com
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Capitalism Unveiled: How to Pay Zero Taxes Legally
04/09/2024 Duration: 33minIn this episode, Robert Kiyosaki, is joined by tax advisor Tom Wheelwright to discuss the often misunderstood relationship between taxes, debt, and capitalism. Together, they unravel how real financial education can help individuals break free from the traditional, often punitive tax systems and gain financial independence.Understanding the Roots of TaxesKiyosaki opens the discussion by referencing the *Communist Manifesto* and the *Capitalist Manifesto*, highlighting how a progressive income tax is key to the development of communism. He challenges the belief that paying taxes is a civic duty, arguing that real patriots should question the modern tax system, which starkly contrasts the values of financial freedom that sparked the Boston Tea Party in 1773.Debt and Taxes: A Capitalist’s PerspectiveA major part of the conversation centers on the intricate relationship between debt and taxes. Kiyosaki explains that understanding this relationship is crucial to mastering financial education. He introduces the con
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The Ultimate Tax-Free Strategy
28/08/2024 Duration: 42minIn this episode of the Rich Dad Radio Show, hosted by financial education icons Robert and Kim Kiyosaki, we explore in depth the financial strategies that allow the wealthy to legally minimize their taxes while maximizing their wealth. If you're curious about how the rich use debt, real estate, and the tax code to their advantage, this episode is a must-watch. The Basics of Debt and Taxes Robert Kiyosaki kicks off the episode by reminding us that the Rich Dad Radio Show is all about delivering both the good and bad news about money. This episode focuses on taxes and real estate, revealing how the wealthy strategically increase their income while reducing their tax obligations. Highlighting a memorable moment from the 2016 presidential debate, where Donald Trump famously said, "That means I'm smart" in response to not paying taxes, Kiyosaki explains that this approach is a form of financial intelligence that savvy entrepreneurs use to their benefit. The Importance of Asset Classes Kim Kiyosaki emphasizes the s
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The Truth About Stocks, Bonds, and Retirement
21/08/2024 Duration: 25minIn this of The Rich Dad Radio Show, Robert Kiyosaki dives into the critical differences between defined benefit pension plans and defined contribution plans, particularly highlighting the impact of the 1974 ERISA law. He shares a personal story about a long-time bus driver from Phoenix, explaining why moving from stocks to bonds might not be the safe strategy it once was due to evolving financial landscapes. Robert provides a macro view of the relationship between bond prices, stock market trends, and the global economy, stressing the need for financial education and critical thinking. He also touches upon his thoughts on gold, silver, and cryptocurrencies like Bitcoin and Ethereum, offering insights into why he invests the way he does. Tune in to gain an understanding of how economic policies and market dynamics might affect your financial future.-----Please read carefully.This is not financial advice.You may be asking, “what does that mean?”Let me explain…Do not just do what I, my team, or my guest says. Th
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Wealth Preservation: Moving Beyond the Dollar with Gold and Silver
14/08/2024 Duration: 37minIn the latest episode of the Rich Dad Radio Show, Robert Kiyosaki teams up with Andy Schectman, president and founder of Miles Franklin Precious Metals, to tackle the pressing issues facing the global financial system today. This episode is a must-listen for anyone concerned about the stability of their investments in an increasingly volatile world.This episode is essential for anyone who wants to safeguard their financial future in a rapidly changing economic landscape. Kiyosaki and Schectman offer not just a critique of the current financial system but actionable advice on how to protect and grow your wealth. They challenge conventional wisdom and provide a compelling case for why now is the time to rethink traditional investment strategies in favor of tangible assets like gold and silver.Robert Kiyosaki kicks off the discussion with a bold statement, challenging the widely accepted financial advice of saving money and investing in traditional assets like 401(k)s and IRAs. He argues that these strategies, o
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Safeguards Against the Fed
07/08/2024 Duration: 43minRobert Kiyosaki hosts an informative episode focusing on the importance of investing in gold, silver, and Bitcoin as safeguards against the incompetence of the Federal Reserve and the U.S. Treasury. Featuring guests Brian Lundin and Anthony 'Pomp' Pompliano, the discussion explores the history of gold legalization, the characteristics of Bitcoin, and the decentralized nature of cryptocurrencies. The episode highlights the rebellion against traditional financial institutions and offers practical advice on investing in precious metals and digital assets.-----Please read carefully.This is not financial advice.You may be asking, “what does that mean?”Let me explain…Do not just do what I, my team, or my guest says. That would be stupid and irresponsible. Take the education, then use your own brain and make your own decisions.YOU must take responsibility for your future and your success. That is why you are here. Neither I, or my team, or my guests, know your risk levels, prior education, emotional maturity, or how
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Fast Food Landlord: Triple Net Leases
31/07/2024 Duration: 30minIn this episode of The Rich Dad Radio Show, guest host Tyler Jorgenson interviews Tom Rauen, founder and owner of 1800TShirts.com, and Founder of Rauen Capital. Tom shares insights into running multiple businesses, investing in real estate, the impact of AI, and his discipline from ultra-marathon running. They dive deep into how Tom transitioned from a small business owner to a real estate investor, his strategies for navigating the pandemic, and why he focused on triple net lease properties in Iowa. Learn about the advantages of real estate over stock market investing, unique marketing strategies, and how to effectively build investor communities.-----Please read carefully.This is not financial advice.You may be asking, “what does that mean?”Let me explain…Do not just do what I, my team, or my guest says. That would be stupid and irresponsible. Take the education, then use your own brain and make your own decisions.YOU must take responsibility for your future and your success. That is why you are here. Neith
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Escaping the 9-to-5 with Real Estate
24/07/2024 Duration: 32minIn this episode of the Rich Dad Radio Show, guest host Tyler Jorgenson interviews Deyl Kearin, a successful real estate investor who has applied the principles from Robert Kiyosaki's 'Rich Dad Poor Dad' to build a robust portfolio. Deyl discusses his investments ranging from multifamily properties to spec houses, his entrepreneurial journey, the importance of financial literacy, and balancing career with family life. Tune in to learn his strategies for success, the value of mentorship, and practical advice for those starting out in real estate. Connect with Tyler Jorgenson at Bern Media: https://bit.ly/3WwHBOK-----Please read carefully.This is not financial advice.You may be asking, “what does that mean?”Let me explain…Do not just do what I, my team, or my guest says. That would be stupid and irresponsible. Take the education, then use your own brain and make your own decisions.YOU must take responsibility for your future and your success. That is why you are here. Neither I, or my team, or my guests, know yo
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Automate Your Wealth
17/07/2024 Duration: 30minIn this episode of The Rich Dad Radio Show, host Jaren Sustar fills in for Robert Kiyosaki and interviews Brennan Schlagbaum, a bestselling author and founder of Budget Dog. They discuss practical steps for achieving financial freedom through automation, simplification, and focusing on the fundamentals of finance. Brennan shares his personal journey of overcoming debt, building wealth, and why financial transparency is crucial. The episode also covers investment strategies, handling economic uncertainties, and the importance of having a clear 'why' behind financial goals. Tune in to learn actionable tips for automating your wealth and achieving financial freedom. *****FREE Financial Freedom Evaluation with Budget Dog Academy: https://bit.ly/4f6bJHV-----Please read carefully.This is not financial advice.You may be asking, “what does that mean?”Let me explain…Do not just do what I, my team, or my guest says. That would be stupid and irresponsible. Take the education, then use your own brain and make your own de
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Big Brother and Your Money: The Impact of Central Bank Digital Currencies
10/07/2024 Duration: 35minIn this episode of the Rich Dad Radio Show, Robert Kiyosaki and guest George Gammon dive into the complex world of modern money, discussing the implications of Fed Coin, central bank digital currencies (CBDCs), and the banking system's vulnerabilities. They explore the impact of historical financial systems, the potential loss of privacy with digital currencies, and the current state of the global economy. Through engaging analogies like the inverted yield curve as a financial tsunami warning, the discussion covers how individuals can prepare for impending economic challenges. With real-life examples and insightful commentary, this episode is a critical guide for understanding and navigating the uncertain financial waters ahead.-----Please read carefully.This is not financial advice.You may be asking, “what does that mean?”Let me explain…Do not just do what I, my team, or my guest says. That would be stupid and irresponsible. Take the education, then use your own brain and make your own decisions.YOU must tak
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Main Street Capitalism: An Entrepreneur’s Journey
03/07/2024 Duration: 34minIn this episode of the Rich Dad Radio Show, host Russell Gray, sitting in for Robert Kiyosaki, discusses the concept of Main Street Capitalism, emphasizing its importance for personal wealth and global economic stability. He interviews Leila Adnani, an entrepreneur who transitioned from a traditional job to owning her own business and creating high-value jobs for others. Leila shares insights from her journey, including the challenges of student debt, the undervalued return on a college education, and the significance of self-education and continuous innovation. The conversation highlights the necessity of understanding real value creation in capitalism, as opposed to simply trading currency or derivatives. Leila also stresses the importance of maintaining a growth mindset and the impact of effective mentorship.