The Debt of Conviction: Robert Kiyosaki's Radical Approach to Wealth Robert Kiyosaki, self made millionaire and author of "Rich Dad, Poor Dad," has made headlines again with his unorthodox views on debt.
He owes a staggering $1. 2 billion to creditors but claims it's no cause for alarm. According to Kiyosaki, using borrowed money to buy assets is the key to wealth creation and tax avoidance.
Kiyosaki's approach to debt is not about reckless spending or financial recklessness; rather, it's a calculated strategy that involves leveraging other people's money to build wealth.