Conspiracy of The Rich blog : Learn with Rich Dad Robert Kiyosaki how to Survive and thrive in today's economy, how to build assets, how to save money and increase your financial success, how to invest wisely and how to plan your path to financial achievement

Monday, August 16, 2010

Good debt vs bad debt

"Get rid of debt," that's Robert kiyosaki main advise , but you have to distinguish between good debt and bad debt :
"If you're financially educated, like my rich dad, you know there's good debt and bad debt. Bad debt makes you poor," Robert Kiyosaki says. "Good debt makes you rich. Today, I'm hundreds of millions of dollars in good debt."
"Good debt puts money in your pocket, and that's the difference," Robert Kiyosaki is a real estate entrepreneur and co-author of "Rich Dad, Poor Dad"