In this episode of Millennial Money, Robert Kiyosaki breaks down one of the biggest mistakes young people make when it comes to their financial future—focusing on doing what they love rather than investing in what they love. Joined by Alexandra Gonzalez-Ganoza, Robert explains why this common mindset can limit your financial growth and how adopting a big money mindset focused on acquiring assets can lead to lasting wealth and independence.
The Biggest Mistake Young People Make
Robert highlights that one of the most dangerous beliefs young people hold is thinking they have plenty of time to build wealth. This mindset often leads to prioritizing fun and passion over smart financial decisions. He argues that time is either your greatest asset or your greatest liability, and by focusing too much on doing what you love, many end up neglecting the importance of learning about taxes, debt, and business-building early on.
The Cashflow Quadrant: Moving to the Investor Side
Robert revisits his famous Cashflow Quadrant, explaining how young people often get stuck in the “E” (Employee) and “S” (Small Business/Specialist) quadrants, paying the highest taxes and struggling with financial limitations. To build lasting wealth, he emphasizes moving to the “B” (Big Business) and “I” (Investor) quadrants, where you can leverage business and investments to reduce taxes and create passive income.
Investing in What You Love
Instead of merely doing what you love, Robert advises millennials to **invest in what they love**. Whether it’s real estate, businesses, or commodities, smart investments allow you to build wealth while creating opportunities to focus on your passions later in life. He shares his personal journey of making sacrifices—learning about taxes, debt, and business management—to build a strong financial foundation.
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40 Comments
buy BTC, sale it and make benefit is risky than reading Rich Dad Pour Dad.
My advice is to NEVER pay rent. Live at home with mom and dad or in a van instead. And take that money that would be wasted on rent ( some rich guys cash flow ) and invest in precious metals, ect.
ive come to this today and it hurts me that she didnt love bitcoin , like bruuuh
shouldve bought bitcoin
I think they are not working because they love to xd but they have to because 1% own 50% of all wealth which then they pass down to heirs and you either work for them or die on the street.
Anyone here 2025
liquidity
Robert Kiyosaki ASMR
I need help,where am i start video,I'm a begginer😅😅❤️
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You answered all my questions. Excellent teacher.
thanks for your information , it is usefull
Why does she sound so scripted ?
2025 here I'm ❤❤
Accumulate assets, not liabilities. Thanks for sharing.
👏
I really wanna be rich I love crypto a lot but haven’t gotten money to grow my assets
Is anyone like me, I have watched this video 4 times. Every time I listen, I understand something new, new ideas come to mind every time I watch.
Keeping money in your bank account doesn't make you rich
rytu,
How to learn about taxes, debt, insurance, accounting and lawsuits in the Philippines? I don't really know where to go and learn those things.
I have learnt so much from you Sir Robert Kiyosaki. Thank you so so much 😊I hope I will meet you in Person one day 😊😊😊
Wow you should text the wrong person to have on asking questions. What a dumb ass. Anybody could’ve come up with better question that. She actually listening to you? Wow next time find a better person. What an idiot
It’s funny she doesn’t like Bitcoin—
I hope she knows what it’s worth today
Who is here from 2025 ?
Very good, I love this!!
Question would you pay any real estate debt off or keep re financing to leverage the bank’s money to buy more assets? Also interest only mortgages?
$VDOGE is part of a fascinating wave of culturally rooted meme coins that aim to go beyond the hype by building strong, engaged communities.
2 things that helped me change my life…like literally.
1. I stopped watching porn
2. I read a book called "Money Boreless"
3. I stopped drinking.
I should have just shoveled money in bitcoin for the last 7 years lol
thank you for then advices Coach Robert Kiyosaki! we love you!
Don’t wear yourself out trying to get rich.
Be wise enough to know when to quit.
In the blink of an eye wealth disappears,
for it will sprout wings
and fly away like an eagle.
~ Proverbs 23:4
I am 27, is it too late?
How much was Bitcoin 7 years ago
❤Your informative content always motivates and uplifts. Thank you so much!❤
13:27
❤💯
First of all yall need a capital to get a capital you need a job
thank you
The higher the risk ..the higher the return ..and the higher the dedication ,education you have to go through ….This line is so opening😮