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In Rich Dad's Guide to Becoming Rich Without Cutting Up Your Credit Cards, Robert Kiyosaki and Sharon Lechter challenge conventional wisdom around debt, arguing that financial success doesn’t necessarily require drastic lifestyle changes, like eliminating credit cards. Instead, they encourage readers to focus on financial education, debt management, and responsible credit use to leverage credit as a tool for building wealth. This episode explores their practical advice on understanding good versus bad debt, using credit to invest in assets, and achieving financial independence without sacrificing convenience. Join us as we break down Kiyosaki and Lechter’s strategies for maintaining a healthy relationship with debt, maximising credit wisely, and taking smart steps toward financial freedom.
In Rich Dad's Guide to Becoming Rich Without Cutting Up Your Credit Cards, Robert Kiyosaki and Sharon Lechter challenge conventional wisdom around debt, arguing that financial success doesn’t necessarily require drastic lifestyle changes, like eliminating credit cards. Instead, they encourage readers to focus on financial education, debt management, and responsible credit use to leverage credit as a tool for building wealth. This episode explores their practical advice on understanding good versus bad debt, using credit to invest in assets, and achieving financial independence without sacrificing convenience. Join us as we break down Kiyosaki and Lechter’s strategies for maintaining a healthy relationship with debt, maximising credit wisely, and taking smart steps toward financial freedom.