Part 4/9:
Kiyosaki promotes the idea that leveraging debt to invest is crucial for wealth accumulation—a viewpoint that can lead individuals to financial ruin. His approach, which suggests that one can get rich by using other people’s money, does not adequately address the risks involved in such strategies. Many of Kiyosaki's followers have found themselves in dire straits, devastated by the volatile nature of real estate investments, especially around the time of the 2007 financial crisis when his teachings were widely disseminated.