Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business

The Rich Dad Media Network
Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business Podcast

Beat conventional advice on personal finance, investing, and business with the author of Rich Dad Poor Dad, Robert Kiyosaki. Get ahead with his pull-no-punches style of challenging the advice we’ve all been given on money, investing, and the economy. Frustrated and frightened by the financial advice being given by the mainstream talking heads, Robert Kiyosaki sits down with professionals from the world of money, investing, business, and personal development. Listeners will be provided various viewpoints on how to set themselves up for financial success. If you’re looking for get-rich-quick tips and tricks to investing, move on. Listeners dedicated to the craft of finance and a better life, subscribe! New podcasts released weekly!

  1. 4 DAYS AGO

    Capitalism Unveiled: How to Pay Zero Taxes Legally

    In this episode, Robert Kiyosaki, is joined by tax advisor Tom Wheelwright to discuss the often misunderstood relationship between taxes, debt, and capitalism. Together, they unravel how real financial education can help individuals break free from the traditional, often punitive tax systems and gain financial independence. Understanding the Roots of Taxes Kiyosaki opens the discussion by referencing the *Communist Manifesto* and the *Capitalist Manifesto*, highlighting how a progressive income tax is key to the development of communism. He challenges the belief that paying taxes is a civic duty, arguing that real patriots should question the modern tax system, which starkly contrasts the values of financial freedom that sparked the Boston Tea Party in 1773. Debt and Taxes: A Capitalist’s Perspective A major part of the conversation centers on the intricate relationship between debt and taxes. Kiyosaki explains that understanding this relationship is crucial to mastering financial education. He introduces the concept of the *Capitalist Manifesto*, emphasizing that true capitalists can legally minimize or eliminate their tax burdens by operating within government-set frameworks, especially through strategic planning and investments. Legal Tax Avoidance: Real-World Strategies Kiyosaki and Wheelwright discuss real-world examples of how individuals can legally avoid paying taxes by investing in ventures aligned with government incentives, such as real estate, oil drilling, and renewable energy. Wheelwright points out that these incentives are designed to encourage economic growth, benefiting both the government and savvy investors. A Global Perspective on Tax Strategy The principles discussed in this episode aren’t just limited to the U.S. Kiyosaki emphasizes that these capitalist strategies can be applied worldwide, recounting examples from South Africa to Russia where local tax codes can be leveraged for financial success. The Power of Financial Education The conversation takes a deeper turn as Kiyosaki laments the lack of financial education in schools, stating that understanding tax codes and legal incentives is key to achieving financial independence. The overarching message is clear: education is the gateway to transcending conventional financial limitations and building lasting wealth. ----- Please read carefully. This is not financial advice. You may be asking, “what does that mean?” Let me explain… Do not just do what I, my team, or my guest says. That would be stupid and irresponsible. Take the education, then use your own brain and make your own decisions. YOU must take responsibility for your future and your success. That is why you are here. Neither I, or my team, or my guests, know your risk levels, prior education, emotional maturity, or how much money you can afford to lose.  We are only telling you what we believe to be smart moves. But you must decide for yourself. There are NEVER guarantees.  Also understand that we are REAL teachers. We practice what we preach. With that in mind we often invest in the very projects that may be mentioned on this show. While it is never our intent, we could possibly profit from others investing in our recommendations. Take the education we provide but then determine your own actions. If it does not make sense to you, get more education before you invest. We will continue to provide education and there will always be more opportunities.

    34 min
  2. AUG 28

    The Ultimate Tax-Free Strategy

    In this episode of the Rich Dad Radio Show, hosted by financial education icons Robert and Kim Kiyosaki, we explore in depth the financial strategies that allow the wealthy to legally minimize their taxes while maximizing their wealth. If you're curious about how the rich use debt, real estate, and the tax code to their advantage, this episode is a must-watch.  The Basics of Debt and Taxes Robert Kiyosaki kicks off the episode by reminding us that the Rich Dad Radio Show is all about delivering both the good and bad news about money. This episode focuses on taxes and real estate, revealing how the wealthy strategically increase their income while reducing their tax obligations. Highlighting a memorable moment from the 2016 presidential debate, where Donald Trump famously said, "That means I'm smart" in response to not paying taxes, Kiyosaki explains that this approach is a form of financial intelligence that savvy entrepreneurs use to their benefit.   The Importance of Asset Classes Kim Kiyosaki emphasizes the significance of choosing the right asset class, outlining the four basic types: BusinessReal EstatePaper Assets (stocks, bonds, mutual funds)Commodities (gold, silver, Bitcoin, oil, gas) Understanding how taxes affect each asset class can lead to smarter investment decisions. This episode features expert insights from Tom Wheelwright and Ken McElroy, who dive into the tax benefits of real estate investments.  Expert Insights Ken McElroy:  A seasoned real estate investor, Ken manages a vast portfolio of properties, primarily in Texas and Arizona. He illustrates how borrowing money for real estate can result in minimal tax liabilities while generating substantial returns.Tom Wheelwright:   A tax advisor, Tom explains how the tax code incentivizes debt and depreciation, allowing real estate investors to legally offset their taxable income and defer taxes.Real Estate: The Ultimate Tax Shelter Robert and Kim discuss their strategy of acquiring real estate to offset their business income. By converting cash into debt and investing it in real estate, they generate tax-free income and benefit from property appreciation. Ken McElroy shares a real-life example of turning a financially distressed property into a profitable investment, emphasizing the importance of excellent property management and strategic renovation.   Misconceptions About Diversification The Kiyosakis challenge the common advice of diversification, arguing that true diversification involves investing in tangible assets like real estate, commodities, and businesses rather than just paper assets like stocks and bonds.   The Role of Teamwork Robert and Kim stress the importance of having a knowledgeable team. Real estate investments require skilled management, legal guidance, and strategic planning. They share their journey from managing properties themselves to partnering with experts like Ken and Tom, who have significantly amplified their investment success. ----- Please read carefully. This is not financial advice. You may be asking, “what does that mean?” Let me explain… Do not just do what I, my team, or my guest says. That would be stupid and irresponsible. Take the education, then use your own brain and make your own decisions. YOU must take responsibility for your future and your success. That is why you are here. Neither I, or my team, or my guests, know your risk levels, prior education, emotional maturity, or how much money you can afford to lose.  We are only telling you what we believe to be smart moves. But you must decide for yourself. There are NEVER guarantees.  Also understand that we are REAL teachers. We practice what we preach. With...

    42 min
  3. AUG 21

    The Truth About Stocks, Bonds, and Retirement

    In this of The Rich Dad Radio Show, Robert Kiyosaki dives into the critical differences between defined benefit pension plans and defined contribution plans, particularly highlighting the impact of the 1974 ERISA law. He shares a personal story about a long-time bus driver from Phoenix, explaining why moving from stocks to bonds might not be the safe strategy it once was due to evolving financial landscapes. Robert provides a macro view of the relationship between bond prices, stock market trends, and the global economy, stressing the need for financial education and critical thinking. He also touches upon his thoughts on gold, silver, and cryptocurrencies like Bitcoin and Ethereum, offering insights into why he invests the way he does. Tune in to gain an understanding of how economic policies and market dynamics might affect your financial future. ----- Please read carefully. This is not financial advice. You may be asking, “what does that mean?” Let me explain… Do not just do what I, my team, or my guest says. That would be stupid and irresponsible. Take the education, then use your own brain and make your own decisions. YOU must take responsibility for your future and your success. That is why you are here. Neither I, or my team, or my guests, know your risk levels, prior education, emotional maturity, or how much money you can afford to lose.  We are only telling you what we believe to be smart moves. But you must decide for yourself. There are NEVER guarantees.  Also understand that we are REAL teachers. We practice what we preach. With that in mind we often invest in the very projects that may be mentioned on this show. While it is never our intent, we could possibly profit from others investing in our recommendations. Take the education we provide but then determine your own actions. If it does not make sense to you, get more education before you invest. We will continue to provide education and there will always be more opportunities.

    25 min
  4. AUG 14

    Wealth Preservation: Moving Beyond the Dollar with Gold and Silver

    In the latest episode of the Rich Dad Radio Show, Robert Kiyosaki teams up with Andy Schectman, president and founder of Miles Franklin Precious Metals, to tackle the pressing issues facing the global financial system today. This episode is a must-listen for anyone concerned about the stability of their investments in an increasingly volatile world. This episode is essential for anyone who wants to safeguard their financial future in a rapidly changing economic landscape. Kiyosaki and Schectman offer not just a critique of the current financial system but actionable advice on how to protect and grow your wealth. They challenge conventional wisdom and provide a compelling case for why now is the time to rethink traditional investment strategies in favor of tangible assets like gold and silver. Robert Kiyosaki kicks off the discussion with a bold statement, challenging the widely accepted financial advice of saving money and investing in traditional assets like 401(k)s and IRAs. He argues that these strategies, often touted as the path to financial security, actually keep people trapped in the "rat race" and far from true financial freedom. Instead, Kiyosaki advocates for financial education that empowers individuals to break free from these conventional traps. Andy Schectman joins the conversation, sharing his journey from humble beginnings to leading a company that has never received a single customer complaint in its 34-year history. Schectman emphasizes the importance of accumulating tangible assets like gold and silver, a discipline instilled in him by his father and one he has adhered to religiously every two weeks for over three decades. For Schectman, gold and silver are not just hedges against economic downturns but represent true, lasting wealth. A significant portion of the episode delves into the rise of the BRICS nations—Brazil, Russia, India, China, South Africa, and now Saudi Arabia—and their collective move away from the U.S. dollar. Schectman explains how this coalition is undermining the dollar's dominance, particularly in the global oil market, which has historically been settled in dollars. This shift could have severe implications for the dollar's value and, by extension, for savers and traditional investors whose assets could rapidly lose value. The discussion takes a serious turn when Schectman reveals concerns raised by the FDIC’s Systemic Resolution Advisory Committee about potential runs on banks. He discusses the possibility of "bail-ins," where depositors' money could be used to stabilize failing banks, leaving average Americans to bear the brunt of financial crises. Unlike the 2008 taxpayer-funded bailouts, these bail-ins would directly impact individual savings, turning them into virtually worthless bank shares. Kiyosaki and Schectman both advocate for investing in gold and silver as safer, more reliable stores of value in uncertain times. Unlike fiat currencies and digital assets, which can be easily devalued, gold and silver have intrinsic value and have been trusted as forms of wealth for centuries. Schectman also predicts that blockchain technology will play a crucial role in the future, potentially supporting a new, commodity-backed digital currency system that could offer a more stable alternative to the U.S. dollar. ----- Please read carefully. This is not financial advice. You may be asking, “what does that mean?” Let me explain… Do not just do what I, my team, or my guest says. That would be stupid and irresponsible. Take the education, then use your own brain and make your own decisions. YOU must take responsibility for your future and your success. That is why you are here. Neither I, or my team, or my guests, know your risk levels, prior education, emotional maturity, or how much money you can afford to lose.  We are only telling you what...

    37 min
  5. AUG 7

    Safeguards Against the Fed

    Robert Kiyosaki hosts an informative episode focusing on the importance of investing in gold, silver, and Bitcoin as safeguards against the incompetence of the Federal Reserve and the U.S. Treasury. Featuring guests Brian Lundin and Anthony 'Pomp' Pompliano, the discussion explores the history of gold legalization, the characteristics of Bitcoin, and the decentralized nature of cryptocurrencies. The episode highlights the rebellion against traditional financial institutions and offers practical advice on investing in precious metals and digital assets. ----- Please read carefully. This is not financial advice. You may be asking, “what does that mean?” Let me explain… Do not just do what I, my team, or my guest says. That would be stupid and irresponsible. Take the education, then use your own brain and make your own decisions. YOU must take responsibility for your future and your success. That is why you are here. Neither I, or my team, or my guests, know your risk levels, prior education, emotional maturity, or how much money you can afford to lose.  We are only telling you what we believe to be smart moves. But you must decide for yourself. There are NEVER guarantees.  Also understand that we are REAL teachers. We practice what we preach. With that in mind we often invest in the very projects that may be mentioned on this show. While it is never our intent, we could possibly profit from others investing in our recommendations. Take the education we provide but then determine your own actions. If it does not make sense to you, get more education before you invest. We will continue to provide education and there will always be more opportunities.

    43 min
  6. JUL 31

    Fast Food Landlord: Triple Net Leases

    In this episode of The Rich Dad Radio Show, guest host Tyler Jorgenson interviews Tom Rauen, founder and owner of 1800TShirts.com, and Founder of Rauen Capital. Tom shares insights into running multiple businesses, investing in real estate, the impact of AI, and his discipline from ultra-marathon running. They dive deep into how Tom transitioned from a small business owner to a real estate investor, his strategies for navigating the pandemic, and why he focused on triple net lease properties in Iowa. Learn about the advantages of real estate over stock market investing, unique marketing strategies, and how to effectively build investor communities. ----- Get NordVPN 2Y plan + 4 months extra here ➼ https://nordvpn.com/richdadshow It’s risk-free with Nord’s 30-day money-back guarantee! ----- Please read carefully. This is not financial advice. You may be asking, “what does that mean?” Let me explain… Do not just do what I, my team, or my guest says. That would be stupid and irresponsible. Take the education, then use your own brain and make your own decisions. YOU must take responsibility for your future and your success. That is why you are here. Neither I, or my team, or my guests, know your risk levels, prior education, emotional maturity, or how much money you can afford to lose.  We are only telling you what we believe to be smart moves. But you must decide for yourself. There are NEVER guarantees.  Also understand that we are REAL teachers. We practice what we preach. With that in mind we often invest in the very projects that may be mentioned on this show. While it is never our intent, we could possibly profit from others investing in our recommendations. Take the education we provide but then determine your own actions. If it does not make sense to you, get more education before you invest. We will continue to provide education and there will always be more opportunities.

    31 min
  7. JUL 24

    Escaping the 9-to-5 with Real Estate

    In this episode of the Rich Dad Radio Show, guest host Tyler Jorgenson interviews Deyl Kearin, a successful real estate investor who has applied the principles from Robert Kiyosaki's 'Rich Dad Poor Dad' to build a robust portfolio. Deyl discusses his investments ranging from multifamily properties to spec houses, his entrepreneurial journey, the importance of financial literacy, and balancing career with family life. Tune in to learn his strategies for success, the value of mentorship, and practical advice for those starting out in real estate.   Connect with Tyler Jorgenson at Bern Media: https://bit.ly/3WwHBOK ----- Get NordVPN 2Y plan + 4 months extra here ➼ https://nordvpn.com/richdadshow It’s risk-free with Nord’s 30-day money-back guarantee! ----- Please read carefully. This is not financial advice. You may be asking, “what does that mean?” Let me explain… Do not just do what I, my team, or my guest says. That would be stupid and irresponsible. Take the education, then use your own brain and make your own decisions. YOU must take responsibility for your future and your success. That is why you are here. Neither I, or my team, or my guests, know your risk levels, prior education, emotional maturity, or how much money you can afford to lose.  We are only telling you what we believe to be smart moves. But you must decide for yourself. There are NEVER guarantees.  Also understand that we are REAL teachers. We practice what we preach. With that in mind we often invest in the very projects that may be mentioned on this show. While it is never our intent, we could possibly profit from others investing in our recommendations. Take the education we provide but then determine your own actions. If it does not make sense to you, get more education before you invest. We will continue to provide education and there will always be more opportunities.

    32 min
  8. JUL 17

    Automate Your Wealth

    In this episode of The Rich Dad Radio Show, host Jaren Sustar fills in for Robert Kiyosaki and interviews Brennan Schlagbaum, a bestselling author and founder of Budget Dog. They discuss practical steps for achieving financial freedom through automation, simplification, and focusing on the fundamentals of finance. Brennan shares his personal journey of overcoming debt, building wealth, and why financial transparency is crucial. The episode also covers investment strategies, handling economic uncertainties, and the importance of having a clear 'why' behind financial goals. Tune in to learn actionable tips for automating your wealth and achieving financial freedom.   *****FREE Financial Freedom Evaluation with Budget Dog Academy: https://bit.ly/4f6bJHV ----- Please read carefully. This is not financial advice. You may be asking, “what does that mean?” Let me explain… Do not just do what I, my team, or my guest says. That would be stupid and irresponsible. Take the education, then use your own brain and make your own decisions. YOU must take responsibility for your future and your success. That is why you are here. Neither I, or my team, or my guests, know your risk levels, prior education, emotional maturity, or how much money you can afford to lose.  We are only telling you what we believe to be smart moves. But you must decide for yourself. There are NEVER guarantees.  Also understand that we are REAL teachers. We practice what we preach. With that in mind we often invest in the very projects that may be mentioned on this show. While it is never our intent, we could possibly profit from others investing in our recommendations. Take the education we provide but then determine your own actions. If it does not make sense to you, get more education before you invest. We will continue to provide education and there will always be more opportunities.

    31 min
4.1
out of 5
3,655 Ratings

About

Beat conventional advice on personal finance, investing, and business with the author of Rich Dad Poor Dad, Robert Kiyosaki. Get ahead with his pull-no-punches style of challenging the advice we’ve all been given on money, investing, and the economy. Frustrated and frightened by the financial advice being given by the mainstream talking heads, Robert Kiyosaki sits down with professionals from the world of money, investing, business, and personal development. Listeners will be provided various viewpoints on how to set themselves up for financial success. If you’re looking for get-rich-quick tips and tricks to investing, move on. Listeners dedicated to the craft of finance and a better life, subscribe! New podcasts released weekly!

To listen to explicit episodes, sign in.

Stay up to date with this show

Sign in or sign up to follow shows, save episodes, and get the latest updates.

Select a country or region

Africa, Middle East, and India

Asia Pacific

Europe

Latin America and the Caribbean

The United States and Canada