Learn to manage your money.

freyavision
2 min readFeb 13, 2023

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👍 Robert Kiyosaki is predicting in his characteristic manner::

“A huge collapse is to come soon, a depression is possible. US FED was made to print billions of counterfeit money. By 2025 gold will be at $5,000, silver at $500 and Bitcoin at $500,000.

Why? Because faith in US dollars, which is counterfeit money will be destroyed.”

Many believe that Kiyosaki is a liar or so but actually the biography of Robert Kiyosaki is a story of several falls before a dizzying rise. Just study his biography. He has never wanted to be a theorist always dreaming to practice and teach people. Kiyosaki gave up on boring studies, could not find himself in life for a long time and only in a two-week investment course did he get what he wanted: “It cost me $385 but I earned millions on it.”
In 1997 Robert Kiyosaki wrote the bestselling book “Rich Dad, Poor Dad”. At that time no publisher agreed to print it so Robert published the book for his own money. Main theses:

  • “Assets bring money while liabilities, on the contrary, eat them up. Liabilities include: loans, mortgages.”
  • “To be rich you need to invest in assets: gold and other precious metals, art, real estate, as well as in your own business (without a daily presence) and in intellectual property.”
  • “Schools and universities teach kids how to earn money, but no one tells you how to manage that money.”

From myself: Faith in many government currencies and not only in the dollar will be destroyed. Every year at least one fiat currency dies… yes, it is being reanimated, its issue is changed, etc., but it’s same circle every time. Therefore, smart people don’t keep all their savings in fiat. I fully support Kiyosaki and recommend keeping at least some of your money in something reliable (gold, Bitcoin) and a small part in something progressive. In this case usability digital assets (Ethereum, Polkadot, for example) are quite suitable. If there is time and opportunity, of course, you need to allocate a small amount of money for independent study of promising projects and investment (Mina, TWT, FDC , etc. ). Learn to manage money.

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