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For example, asked about debt, he simplistically states it's about whether it makes you rich or poor, without exploring the complexities involved in different types or conditions of borrowing. When queried about the interest rate he’s comfortable paying on debt, his response is a dismissive Monopoly metaphor, revealing a superficial grasp of the subject and a penchant for storytelling over specificity.
The Myth of Financial Literacy
Kiyosaki’s core message hinges on the idea that "financial literacy" is the key to wealth. Yet, when challenged about his own understanding of numbers or ROI, he admits ignorance. This inconsistency undermines his platform; if he claims to be an expert, he should demonstrate that expertise through clear, concrete knowledge — but he fails to do so.