: His friend’s father, an entrepreneur with an 8th-grade education who viewed money as a tool to build assets.

: Kiyosaki famously uses massive debt (reportedly over $1.2 billion) as a strategic tool to acquire assets and minimize taxes through legal loopholes.

: Formal education teaches you how to be a good employee, but financial education teaches you how to be free. 4. Modern Context & Controversies

: The rich acquire assets (things that put money into your pocket, like real estate or stocks) while the poor acquire liabilities (things that take money out , like car loans or credit card debt).