Growing the Money with Rich Lennon

Episode 36: Dave Ramsey vs Robert Kiyosaki - Which Path Will Make You Rich


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Which money path leads to wealth, playing it safe like Dave Ramsey, or using leverage like Robert Kiyosaki? In this eye-opening episode, Rich Lennon breaks down the key differences between these two financial powerhouses. More than just a comparison, this episode helps you discover where you are in your wealth-building journey and what strategy fits best right now.

Rich shares his reflections, explains the confusion many feel when choosing a financial strategy, and introduces his wealth-building cycle. This practical framework shows when to focus on stability versus when to leverage debt to grow. You’ll walk away with clarity, confidence, and a deeper understanding of how Ramsey and Kiyosaki can be “right” depending on your stage of life.

You’ll Learn How To:

  • Understand the key philosophies of Dave Ramsey and Robert Kiyosaki
  • Recognize where you are in your wealth-building cycle
  • Embrace “good debt” as a powerful tool for growth
  • Avoid the confusion that comes from blindly following financial gurus
  • Think strategically about money, leverage, and long-term wealth

Who This Episode Is For:

  • New and aspiring investors
  • Entrepreneurs weighing the risks and rewards of debt
  • Listeners are confused by conflicting financial advice
  • Anyone who wants to find the right wealth-building path for their stage in life

Why You Should Listen:

  • This episode isn’t about taking sides; it’s about understanding context. Rich Lennon explains that both Ramsey and Kiyosaki offer valuable insights, but the key lies in knowing when and how to apply each one. If you’ve ever felt stuck between being safe and being bold with money, this conversation will help you map out your next move with confidence.

What You’ll Learn in This Episode:

  • (00:00 – 00:25) Introduction: Who's Right, Kiyosaki or Ramsey?
  • (00:26 – 01:04) Personal Anecdotes and Reflections
  • (01:05 – 01:48) The Confusion of Wealth Building
  • (01:49 – 02:24) AI and Wealth Building
  • (02:25 – 04:04) Kiyosaki vs. Ramsey: Different Approaches
  • (04:05 – 06:20) The Wealth Building Cycle
  • (06:21 – 08:00) The Importance of Good Debt
  • (08:01 – 09:30) Conclusion and Final Thoughts

Follow Rich Lennon here:
Website: https://richlennon.com/
Facebook: https://www.facebook.com/rich.lennon.121
Instagram: https://www.instagram.com/richlennon92/

 

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Growing the Money with Rich LennonBy Rich Lennon

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