- cross-posted to:
- us_news@lemmygrad.ml
- cross-posted to:
- us_news@lemmygrad.ml
cross-posted from: https://lemmygrad.ml/post/3374610
Rich Dad, Poor Dad’ author Robert Kiyosaki reveals he’s in $1.2 billion debt.
cross-posted from: https://lemmygrad.ml/post/3374610
Rich Dad, Poor Dad’ author Robert Kiyosaki reveals he’s in $1.2 billion debt.
If you have 2B in assets, having 1.2B in debt is not far fetched (or uncommon). The bank only cares about whether or not you’re likely to pay back the loan before you kick the bucket, which is why it can be hard to get a big loan without a good salary or downpayment.