The Dentist Freedom Blueprint Podcast

Preserve Wealth in Economic Downturns - Freedom FoundersJoining 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.

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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.

If you like this episode, here are more episodes we think you’ll enjoy:

  1. Ep #506 – Ted Oakley – Stewarding Wealth, Values and Wisdom Into The Next Generations
  2. Ep #475 Anna Kelley – Building Wealth and Teaching Financial Wisdom to the Next Generation
  3. Ep #463 David Phelps – Creating Your Own Economy in the Midst of Volatility in 2024

Featured on the Show:

#kimkiyosaki #investing #femaleinvestors #financialeducation #economy #financialplanning #learningtoinvest #realestateinvesting

Watch full length Interviews on video!

Watch full length interviews on David’s YouTube channel by going to www.DentistFreedomBlueprint.com/YouTube. Don’t forget to subscribe to David’s YouTube Channel for more content on maximizing your business, wealth, and creating a financial blueprint to reach your Freedom faster!

Join the tribe of dentists ditching Wall Street. Get more insights, resources and inspiration for creating asset based income and Freedom. Follow us on Facebook here.

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):

1. Schedule a Call with My Team:

If you’d like to replace your active practice income with passive investment income within 2-3 years, and you have at least 1M in available capital (can include residential/practice equity or practice sale), then schedule a call with my team. If it looks like there is a mutual fit, you’ll have the opportunity to attend one of our upcoming member events as a guest.

2. Become a Full-Cycle Investor:

There are many self-proclaimed genius investors today who think everything they touch turns to gold. But they’re about to learn the hard way what others have gained through “expensive” experience. I’m offering a free report on how to become a full-cycle investor, who knows how to preserve and grow capital in Up and Down markets. Will you be prepared when the inevitable recession hits? Get your free report here.

3. Get Your Free Retirement Scorecard:

Benchmark your retirement and wealth-building against hundreds of other practice professionals, and get personalized feedback on your biggest opportunities and leverage points. Click here to take the 3 minute assessment and get your scorecard.

Want to know more about David and schedule him as a speaker or podcast guest? Go to doctorphelps.com to book David now.

Power Concepts:

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