You changed my life, sir. Completely changed my view towards money, since I grew up with a “poor dad.” Your books, along a handful of others, built my life and financial philosophies that helped me become financially free by 27.
I was raised to avoid debt, but done correctly “debt” is considered leverage that can be in your favor. A mortgage is a strong example. When I was younger I could have never gotten together $250k for my first income property, thus I incurred debt in the form of a mortgage.
And more on a day-to-day basis, my 2% cash back credit card is used for EVERY possible purchase. I get a 2% discount on the world, keep money in my account for 30 days and build credit.
Avoiding debt is dangerous, borderline impossible, to becoming financially free or wealthy.
However, plan out debt and leverage it for what it is. Be an active participant, never a passive one.
Honestly, thanks so much Mr. Kiyosaki. Don’t think I can express enough how much you’ve helped me. I’m laying in my dream home mortgage free writing this at the moment because your books.