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He frequently talks about how he uses assets to pay for these indulgences.
In this post, Kiyosaki suggested having nice things isnt just a thrill, its also a responsibility.
Rich people respect their high-quality belongings as valuable property.
Josh was given/entrusted with a beautiful vintage Porsche by real estate entrepreneur Ken McElroy.
The wheels were messed up, the mirror was broken, Josh said.
I didnt take care of the car or respect it to the degree that I ever should have.
Here, Kiyosaki pointed out that he has, among his car collection, a $400,000 vehicle.
He treats it like the valuable property that it is.
I take care of my property, he said.
Josh then shared that Kiyosaki had told him that the poor people dont respect their property.
It wasnt until he went throughpersonal development trainingthat he realized he was a liar and a cheat.
These mistakes may have mattered less than how he remedied them.
Know That The Truth Shall Set You Free
I had lied so many times, Kiyosaki said.
I was stealing from the warehouse.
I was a complete criminal.
Kiyosaki then turned himself in to the captain for punishment.
After spilling his guts to the captain, Kiyosaki asked, How many years will I go to jail?
The captain replied, Lieutenant, youre free.
Youll have an honorable discharge in six months.
Thank you for telling the truth.
From that point on, Kiyosaki has sworn by the common saying, The truth will set you free.
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