Podcast Episode #514: How to Think For Yourself and Learn to Invest – Kim Kiyosaki
Episode #514: Dentist Freedom Blueprint Podcast
How to Think For Yourself and Learn to Invest – Kim Kiyosaki
Joining me today is Kim Kiyosaki, an accomplished investor and entrepreneur known for her expertise in wealth and finance. As a co-founder of the Rich Dad Foundation (alongside her husband Robert Kiyosaki) and author of Rich Woman, Kim uses her experience and knowledge of wealth and finance to educate and inspire women to achieve financial independence through investing in sound investing principles.
Listen in as she talks about important lessons she has learned throughout her life when it comes to finances and why she encourages people not to depend only on the experts. You will hear about the importance of creating your own personal economy, how to avoid common financial mistakes, and more.
Minute Markers:
2:34 – Why financial literacy is more important now than ever.
9:12 – How it’s possible to have our own personal economy.
13:25 – How Kim learned about real estate and got started investing.
16:38 – The importance of trying things, making mistakes, and working together.
19:50 – Key financial mistakes people make.
25:58 – The importance of understanding economics and learning as much as you can when investing.
31:26 – A crucial lesson about investing – make your own opportunities.
39:14 – Why it’s so important to develop good money habits early on.
44:59 – Why debt isn’t necessarily bad.
Featured on the Show:
Kim Kiyosaki: LinkedIn | Instagram | X | Facebook
Rich Woman by Kim Kiyosaki
Rich Dad
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P.S. Whenever you’re ready, here are some other ways I can help fast track you to your Freedom goal (you’re closer than you think) :
In this episode, we finish up the second part of my interview with Rob Swanson and his eight rules of investing. (If you haven’t listened to part 1, be sure to go back and give that a listen before jumping into this one.) Today, we pick up where we left off, covering rules four through eight and talking about everything from decision-making to cash flow and risk reduction.
Listen in as Rob shares his incredible insight and experience in real estate and investing to give us a few rules that help make our decisions and investments more solid. You will hear about the importance of looking at margins before buying and what boxes need to be checked when it comes to predicting a solid income stream. Rob also discusses how to define and mitigate the different risks involved so that you can come out on top.
Alastair MacDonald is a private advisor to established entrepreneurs, investors, and business owners, as well as a TEDx speaker who lectures on economic, social, and financial forecasts. Join me today to hear part two of our conversation at the Freedom Founders Mastermind, where we dive into the concept of certainty, how to hedge against a volatile economy, and why the abdication model is no longer one that works.
Listen in to learn the reasons why Alastair is not worried about consumer price inflation (and what he’s really worried about instead) and why the 401(k) is not always the investment that it is made out to be. You’ll learn why he is most concerned about the issue of division and polarity in the Western world, why your business is your best asset in a volatile economy, and how you can maintain its viability to weather the most intense economic storm.
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2. Attend A Workshop:
If you’re committed to Freedom, but still building a practice, paying down school debt, or growing investment capital, our hands-on Freedom Blueprint Workshops are your entrance ramp onto the fast track! Visit www.freedomfounders.com/workshop to claim your seat!
3. Apply To Visit The Mastermind:
If you’d like to join dozens of dentists, docs, and practice professionals on the fast track to Freedom (5-7 years max), visit www.freedomfounders.com/step-1 to apply for a seat.
4. Want to Work Directly with Me?
If you’d like to work directly with me and a small group of my closest investment colleagues, with direct access to the dealmakers and asset classes that I invest in, just send a message to my Executive Assistant (Lindsey@FreedomFounders.com), and put “Fast Access” in the subject line. Or, call (972) 203-6960 Ext 144 and leave a brief voicemail for Lindsey. Let her know you’re interested in the Fast Access program – we’ll set up a time with you to talk, find out about your goals, and see if there is a fit.