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HOW TO CONVERT A LIABILITY INTO AN ASSET - ROBERT KIYOSAKI, Rich Dad Poor Dad

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Description HOW TO CONVERT A LIABILITY INTO AN ASSET - ROBERT KIYOSAKI, Rich Dad Poor Dad

Comments HOW TO CONVERT A LIABILITY INTO AN ASSET - ROBERT KIYOSAKI, Rich Dad Poor Dad

Iam Comment from : @Ibrahimkhalis-p8w

Has anyone who watched this studied his past? Be careful what you believe Comment from : @BadRap2012

Any one from 2026? Comment from : @strengthnothing471

Must have missed the part of the video covered by the titleHow to CONVERT a Liability into an assetAlthough I get not getting liabilities, this vid doesn't really speak on how to convert a liability (like the house I live in) into an asset Comment from : @marstonmaxers

How can I get a one on one meeting with this man ? I’d pay him Comment from : @Sportsanalyst543

Real estate concept isn't applicable on a big scale brbrIt's a capitalistic concept based on "poor dad's kids" making uneducated descisions that make you rich That money comes from their pockets That's the reason everything's so f-edup now in the first placebrbrI believe it has no space in the Universe brbrTrue life is about conciousness About what value you can offer to society, and taking care of eachother From a place of Love and Trust Comment from : @skydivemaniac

But you need a house, right?? No matter what way you phrase it, you need a house to live in and raise your family etc am I correct? You’re just saying don’t ball out and buy an unnecessarily expensive house cheaper house additional into acquiring assets Comment from : @prescriptionpete866

Rich Dad got Caught br brJeremy Orozco Comment from : @erhine

29th Jan 2025 Comment from : @Mfalme_Sauli

The Bible says a wise man leaves an inheritance for his grandchildren Comment from : @saraz9017

Explain how a 401K is a liability? I assume you mean for a person, not a company Thank you Comment from : @lisab9920

You are the best wealth and financing Guru of all I have your book Rich dad,i have respect and trust on you Comment from : @emilysevastou5075

All you hear from her is “wow” She was probably thinking of starting onlyfans to start the cash flow game 🤣 Comment from : @highest9082

I see what he is saying but I have questions I'd love to ask him that I have yet to see anyone ask Comment from : @utiguy69

25 dollars a month would take forever to pay an 18,000 debt Comment from : @gamesmoney1025

You're either the slave or the master Take your pick Or you quit the gae entirely Comment from : @Thisis100real

Am here 2025 Comment from : @IvanSserugo-01

Good advice Comment from : @JasonSturgeon-cb4bb

You’re buying his asset to learn how to gain an asset wake up lol Comment from : @TPPS702

God turned me a sinner (liability) into a saint (asset) True story Comment from : @Maywaker11

Ito talaga nagpauso ng diploma o diskarte e I love listening to him But the easy answer to diploma o diskarte is both Comment from : @regpustadan4339

But I need transportation food utilities a place to live 😢 Comment from : @adeshwodan4679

I am not an asset I cost me money Maybe I should rent myself out br❤😂🎉😂❤ Comment from : @adeshwodan4679

2035❤ Comment from : @flyingcabbagesan

They way he talks about getting a loan, its completely different for the average American compared to a person with a lot of money The bank looks and your down payment, debt to income ratio and yes your FICO score Are there other ways to get a house, sure I don't agree with renting a house verse a house with a loan Because you have tax advantages with buying a home I have bought homes different ways, Bought a HUD home as 1st time buyer with the lowest down payment available 35 Bought a home with statement of income only while unemployed Bought a home with no money down and the owner carried the loan Bought a home with 20 down and that's the one I'm living in right now My advise would be to buy a home with the intent to rent it out, stay there 3-5 years and save money for another house If you do it right you will have positive cash flow You can do this your whole life, buy, rent it and repeat Good luck Comment from : @MarkChandler-fb1fm

Tell me about if I buy assest like home the government does take tax on rental income or not Comment from : @salmanb-j5v

How much income will 100k generate? anybody with investment experience Comment from : @AnnBurrow-vb8tt

I wish I met you way before Robert but I encourage my son to follow so he won’t be trapped in poor mindset Thank you Comment from : @shanikafonseka

2025 Comment from : @1019trucking

Video is good on girl sounds toooo scripted Comment from : @MichaelCruz-u1k

What a load of nonsense Comment from : @douglasbrinkman5937

Great guy i like to learn more from him :) Comment from : @HaykeBerdenPhotography

Don't really understand it Maybe because it is 2024, almost 2025 and you cannot get a house without your own deposit?brI am trying to understand what the video is teaching usbrSay I want to buy a house, but I am poor It means I cannot buy a house, because I haven't got a deposit for it (usually 10-15 of the property value) brSay I somehow saved £20k (although Robert teaches that we should not save, but let's assume I was dumb and saved money) I pay deposit and get a loan for £180k Now I need to pay it back to the bank It's a liability, not assetbrI just don't get this - if it's so easy to buy a property, everyone would be a millionaire Go to bank, borrow money and here you are This is sillybrI don't understand what the advice is here in this video Without any money I cannot buy any properties, full stop And even if I did, mortgage is a liability Comment from : @emka4403

Hopefully nothing will go wrong weeeelll there's this thing called life and things go wrongbrSo family shold be viewed as liabilties and there's things that happen all of the time that we can't control that end up being liabilites Housing market in the early 2000s crash- can't controll that Parent gets to the point of needing assisted living care- can't control that Having kids- there comes a liabilitybrBasically what I learned from this is that you need to look at everything as a financial asset or liability, regardless of what or who it is What costs you money and what makes you money is what you focus all decisions on?? Also, if you're having trouble surviving off of your present income and have a hard time finding leftover cash to invest in something, you're screwed- back to the historic saying of the rich gets richer because they have the excess cash to play with and don't have to worry about food and housing as much because they are already rich! Comment from : @ErnestJones-wv8ke

I don't completely understand if you buy a rental until for cash flow, you still have to pay property tax and tax on that income, right? Comment from : @Deb1650

27 years this guy has been doing this exact same thing Why do we pretend that 30-40 year old finance "gurus" are either relevant or on your side? These guys would tell you to smear magic jelly on your forehead if it created revenue They're literally just shepherds for fatted calves Comment from : @elickes

Isn't owning a home an asset when you buy in a really good area and it dramatically appreciates in value? Comment from : @Deb1650

I agree with everything he said but Did I miss the part about how to convert a liability to an asset ? I thought this would show me how to turn a current liability like my house into an asset Comment from : @joebrammer2175

This idea of buying houses on credit was blown out of the water during 2020 when the government decided you get paid $0 LEGALLY and only absorb the liability of tenents Knowing The government will do this with section 8 housing and a house that normal people can afford isnt really worth it So , I amsuppose to buy on CREDIT a huge house that the payment is outrages to raise the price of rent on my outrageously priced properties so I can have profit My Dave Ramsey brain is freaking out Comment from : @googleuser2426

Yes, children cost money but if you love them enough, you will find yourself able to do more, and more for them and yourself as a result Comment from : @walkurehauk9415

The idea that children or parents are liability is sickening Comment from : @新视角英语

after earning immense money, and saving them, what to do/plan utilising with those immense savings after death? Comment from : @blackhunk2265

Any guy from 2025 ?? Comment from : @mrtuplays

Wow I’m so disappointed to hear this man’s words To sum it up, he sees everything through the lens of money as the ultimate goal People are not liabilities… Imagine if GOD thought that way! We would all… even this man talking, be just annihilated brThere are things that money can’t buy, like Real LOVE and the Salvation of your soul All nature and us are sustained by our Creator, GOD THE FATHER and our LORD JESUS CHRIST brSo sad to see money placed in an altar as the ultimate “goal”…brYou will take nothing to the gravebrLOVE given by THE HOLY SPIRIT will be with you throughout Eternity… Comment from : @MelissaLovesJESUS

Aren't property unit trusts or ETFs that pay dividends smarter? Because you can put in whatever money you can spare and you don't really have to worry about your risk being in a single property or a tenant not paying Comment from : @Robert-z8t4m

😢 Comment from : @TinkerdaCHRISTlover11-11

i own my home and it was $330k of and now $880k and i invest in stocks for returns Comment from : @michaelcarydakis790

Thanks! Comment from : @theealmonddaughter

When he says are kids assets or liabilities, they are most definitely ASSETS! As he later pointed out the children will support their parents in their old age so purely in financial terms you can class it as investing in your future! His example about the guy who put his mum from an 18k nursing home into his house - this example could also be an asset as he has extra childcare now for his children rather than paying the expensive kindergarten fees Comment from : @teach1913

How could a 401(k) be a liability? Comment from : @andrewmayes4443

Not everyone has an entrepreneur mind In fact most people have a “set it and forget it” mind They need the 401k Comment from : @bh9262

Your lecture is very good, it opens my mind I have read half of your book series Rich Dad Poor Dad It's actually very good and easy to understand It helps me redefine what Assets, Liabilities and, importantly, Cash Flow are I bought your game Cashflow Financial IQ is about controlling your own cash flow!🥰😍😘 i’m from Vietnam :) Comment from : @AnthonyNguyen0808

I wonder why he is tutoring this girl? I teach for your bootyhole Comment from : @jlee3925

Im poor so i say who cares Have the kids and struggle on bcos the life they bring to you is worth more in the long run When they grow up you wont be anymorr liability than they was Especially in UK We dont care for our parents their taxes paid all life pays it for us Comment from : @AxelFreeDog-ob9fg

and here I amat 40super broke damn Comment from : @The1709Gaming

Bring bJulianne Iwersen Niemann/b on the show She changed my life Financially I managed to grow a nest egg of around 120k to over a Million I'm especially grateful to Julianne Iwersen Niemann, for her expertise and exposure to different areas of the market Comment from : @MagdaleneM-f3q

Rightly said sir finiancial Intelligence doesn't mean high IQ it means how intelligent u solve your financial problems Comment from : @atulminz3048

GO to school, get a JOB, a high paying JOB , SO WE CAN TAX {STEAL} YOU ! The goverment ! Comment from : @Goeloe

❤❤❤❤❤❤❤ love from India Comment from : @prakashmohapatra2216

Your videos have been truly impressive! As one of your regular viewers, I've been following your content closely for a while now I'm very interested in making an investment, but I’m still having trouble identifying the right opportunity to fully commit to I would greatly appreciate any guidance or suggestions you might have in this area Comment from : @PaulStephenRudd-u7b

🔥🔥🔥 Comment from : @shellzd15

I have one question How could you rely on that 25$ a month from your cash flow if you had a problem with that real estate? Comment from : @IngMK

Could someone please help with some money? I need money for surgerybrbrTTiwRfumxcka4EX83YwwFGsoPoJBGgmJVy (usdt trc20) Comment from : @kolawoleopeyemi9192

Thank😊 you so much from pakistan Comment from : @studentlearning8211

Thanks so very much for such wise and smart lectures, I want to work in that company of RobertK I want to be surrounded by such smart unique guys Kavod Comment from : @Kitiibwa-JC-777

How can I generate passive assets In Ghana Comment from : @victoriaansah1353

how i can start to invest as a teenager ,i have 18 yrs please help me Comment from : @chriskirenga-p2p

This video is a must-watch for anyone who wants to improve their financial situation It's full of valuable information and practical advicebrSummary of the video's 10 key points: br br1 Assets and Liabilities: Assets put money in your pocket, while liabilities take money out of your pocket This is determined by the cash flow, not the nature of the item For example, a house you live in can be a liability if it costs you money in mortgage payments, taxes, and maintenance br2 Six key words in financial education: Income, Expenses, Assets, Liabilities, Cash Flow br3 Financial Intelligence: The ability to control cash flow, making sure more money goes into your pocket than goes out br4 Housing: A house can be either an asset or a liability If you buy a house to live in, it can be a liability But if you buy a house to rent, it can be an asset br5 Loved Ones: Even loved ones can become financial liabilities, especially as they age and need financial support br6 Retirement Investments: Investments like a 401k, IRA, or pension can be a liability if they do not generate positive cash flow for you br7 People: People can be either an asset or a liability A good spouse or business partner can be an asset, while a bad spouse or business partner can be a liability br8 Financial IQ: The ability to solve financial problems The higher your financial IQ, the better ability you are to solve complex financial problems br9 Medical Expenses: Medical expenses can be a huge financial burden, especially as you age br10 The Importance of Planning: Financial planning is essential to ensure you can control your cash flow and achieve your financial goals Comment from : @TheArtofWealthMastery

Your parents are an example 🤣🤣🤣 Comment from : @TshepangSenne

Great teachings Comment from : @Chemdigitalstudy_tools

Great lesson, thanks 🙏🇿🇦🇿🇦✌️ Comment from : @thaboedward4062

So don't buy a house, rent it out instead gotacha Comment from : @27531

This video did NOT show how to CONVERT a liability to an assest Comment from : @BunnyRabit-yo3lx

Disagree with the people assessment Family who will look out for you at different stages of life are priceless Comment from : @BunnyRabit-yo3lx

You’ve been married for so many years and yet what happened to that marriage not too long ago… You should talk about that too Comment from : @MANNLITE-n8k

But what you don’t talk about is how you purchased that apartment in Hawaii I think it’s better to be truthful us to how you have accomplished that in detail In one of your conversations during your Podcasts interviews, you mentioned that you purchased that property in Hawaii in its entirety using credit card, I suggest you talk about that credit card, the interest on that credit card and what company would allow that to happen what your monthly payments on those credit card and how much was the rent? These are the details that you should talk about so that you don’t sound disingenuous Comment from : @MANNLITE-n8k

I wish they taught investing at school level There is so much advantage to doing this! brMy biggest regret is that I started so late And still not good at it, I think at this point i need help Comment from : @Helen-fv9xp

have made quite a stride investing on my own but I am aware of the benefits of consulting with a professional but haven't found one yet Comment from : @vangweu3154

I love Robert but nobody ever had costed 100k a month for medical bills 😂 I get it tho it hits home thinking at such a high number Comment from : @conqueror571

Hat Spaß gemacht zuzuschauen! Comment from : @ATENEprandoni

Teach your family members about converting liabilities into assets Teach your family members to live healthy to lower their liabilities Comment from : @afrosamurai4465

A wife is the biggest 😅 laibility Comment from : @sihlemasondo2898

How does one get resources to make an asset? Comment from : @shafver

They dont teach you this at school cause it is bulshit 😂😂😂😂 Comment from : @MM-rm3sg

I'm becoming money Comment from : @DanielChinedu-jd1gi

Is rental income not taxed in America? Comment from : @Sheshuvadrevu

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