Core Insights - Robert Kiyosaki, author of "Rich Dad, Poor Dad," views debt as a strategic tool rather than a liability, emphasizing that understanding how to manage debt can lead to financial success [1][3][4] - Kiyosaki's perspective on debt is that larger amounts, such as a billion dollars, shift the power dynamic between borrower and lender, making the lender more invested in the borrower's success [2][3] - His wealth is primarily derived from real estate investments, which he has advocated for over the years, and he believes that financial literacy is crucial for success [4][5] Debt Management Perspective - Kiyosaki suggests that owing a bank a significant amount, like a billion dollars, can actually be advantageous, as it places the burden of risk on the lender [3] - He argues that small borrowers are more vulnerable, while large borrowers become "too big to fail," thus altering the risk landscape [3] Financial Education - Kiyosaki criticizes the lack of financial education in traditional schooling, stating that many people do not learn how to effectively manage money [5] - He emphasizes the importance of building a team that includes bankers, accountants, and attorneys to navigate financial challenges [5]