If you look at the four things that make people poor every single month—taxes, debt, inflation, a retirement plan—these are the four things that make the average middle class person poor but are the very same things that make guys like me rich.
Irvine, CA (PRWEB) September 12, 2011
During podcast episode 111 of The Creating Wealth Show, Jason Hartman interviews Robert Kiyosaki, creator of the Rich Dad series and New York Times best-selling author. In the extensive interview, Kiyosaki explains that between taxes, debt, inflation, and retirement plans, the average person without financial education will be pushed from the middle-class into the poor-class. Hartman and Kiyosaki discuss the idea of increasing financial education as the right way to protect oneself in a down economy versus investing in a “well diversified portfolio of stocks, bonds and mutual funds.”
Robert Kiyosaki, a self-made millionaire, cash flows more than $250,000 a month from his real estate investments. In the discussion with Jason Hartman, he clearly defines the difference between cash flow and capital gains, and why the average person will always try to invest for capital gains, which he compares to gambling. The show contains many ideas from his online book, Rich Dad’s Conspiracy of the Rich. Kiyosaki explains that he wanted to provide some of the background and history of money since most are not taught it in school, his take on the current state of the economy and how individuals can provide for themselves in the future.
“I always recommend getting more financially educated. You look at the people who are hurting financially today, most of it is due to lack of financial education in our school systems,” explains Kiyosaki. “If you look at the four things that make people poor every single month—taxes, debt, inflation, a retirement plan—these are the four things that make the average middle class person poor but are the very same things that make guys like me rich.”
Robert Kiyosaki is best known as the author of Rich Dad Poor Dad—the #1 personal finance book of all time—which has challenged and changed the way tens of millions of people around the world think about money. Rich Dad titles hold four of the top ten spots on Nielsen Bookscan List's Life-to-Date Sales from 2001-2008 alone. Robert has been featured on shows such as Larry King Live, Oprah, The Doctors, Bloomberg International Television and CNN.
Jason Hartman’s Creating Wealth Show has featured many recognizable names in recent years including Harry Dent (The Great Depression Ahead), Michael Gerber (The E-Myth Revisited), Thomas Sowell (The Housing Boom and Bust), Thomas Woods (Meltdown), Pat Buchanan (author and presidential candidate), Michael Munger (gubernatorial candidate, North Carolina), Addison Wiggin (Empire of Debt with Bill Bonner) and many others. The Creating Wealth Show is available for free on http://www.JasonHartman.com/radioshows or the iTunes store—offering investment strategy advice to those who wish to be financially independent through income property investing.
About Jason Hartman
One of America’s foremost experts on long-term wealth creation through income property, Jason Hartman is the founder and CEO of Platinum Properties Investor Network, The Hartman Media Company, Open Door Auctions and The Jason Hartman Foundation. In 1997, Hartman realized his entrepreneurial dream and turned around a struggling real estate brokerage firm that he later sold to Coldwell Banker. Since then, he’s combined his dedication and business talents to become a successful entrepreneur, public speaker and author.
Under the Platinum Properties Investor Network, Hartman’s Complete Solution for Real Estate Investors™ is a comprehensive system providing real estate investors with education, research, resources and technology to handle all areas of their income property investment needs. As a media personality, Hartman’s highly sought after educational events, speaking engagements and his acclaimed The Creating Wealth radio show inspire and empower hundreds of thousands of people in 26 countries worldwide. For information, call 714-820-4200 or visit Jason Hartman online.