The Best Financial advice from Robert Toru Kiyosaki.

Robert Kiyosaki is an American businessman and author who is best known for his book "Rich Dad Poor Dad," which has sold millions of copies worldwide. Here are some of his best pieces of financial advice:

1. Invest in assets, not liabilities: According to Kiyosaki, assets are things that put money in your pocket, while liabilities take money out of your pocket. He believes that the key to building wealth is to invest in assets, such as real estate or stocks, that generate income and appreciate in value over time.
2. Learn how to use debt to your advantage: Kiyosaki believes that debt can be a powerful tool for building wealth if used wisely. He advocates using debt to acquire assets that generate income, such as rental properties or dividend-paying stocks, rather than using it to buy liabilities like cars or consumer goods.
3. Focus on cash flow, not net worth: Kiyosaki believes that cash flow is a more important measure of financial success than net worth. He advocates building multiple streams of income that generate positive cash flow, such as rental income or dividend income, rather than relying solely on a salary or a single source of income.
4. Invest in your financial education: Kiyosaki believes that financial education is key to building wealth. He advocates learning about investing, accounting, and financial management in order to make informed decisions about your money.
5. Take calculated risks: Kiyosaki believes that taking calculated risks is necessary for building wealth. He advocates taking risks that have a high potential for reward but also have limited downside, rather than taking reckless risks that could lead to financial ruin.
6. Surround yourself with like-minded people: Kiyosaki believes that the people you surround yourself with can have a big impact on your financial success. He advocates surrounding yourself with people who share your values and your goals, and who can provide support and guidance as you work towards building wealth.
7. Don't be afraid to make mistakes: Kiyosaki believes that making mistakes is a necessary part of the learning process when it comes to building wealth. He advocates taking action and making decisions, even if they are not always perfect, rather than being paralyzed by fear and indecision.
8. Think outside the box: Kiyosaki believes that creativity and innovation are key to building wealth. He advocates looking for unconventional solutions to problems and thinking outside the box when it comes to investing and generating income.
9. Don't rely on a single source of income: Kiyosaki believes that relying on a single source of income, such as a salary, is a risky strategy for building wealth. He advocates building multiple streams of income through investments, side hustles, or other means.
10. Pay yourself first: Kiyosaki believes that paying yourself first is a key component of building wealth. He advocates setting aside a portion of your income for savings and investments before paying your bills or other expenses.

Overall, Robert Kiyosaki's financial advice emphasizes the importance of taking action, being creative and innovative, building multiple streams of income, paying yourself first, and learning from mistakes. By following these principles, you can increase your chances of building wealth and achieving financial independence.

I recommend several books written by Robert Toru Kiyosaki:

• Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not!
• Rich Dad's CASHFLOW Quadrant: Rich Dad's Guide to Financial Freedom.
• The Business Of The 21St Century.
• FAKE: Fake Money, Fake Teachers, Fake Assets: How Lies Are Making the Poor and Middle Class Poorer.
• Why the Rich Are Getting Richer.