Wednesday, September 03, 2014

Unrighteous Wealth (17) Rich Dad Poor Dad

The book called Rich Dad Poor Dad by American businessmen Robert Kiyosaki is popular amongst Christians. The book contains some great wisdom, but his core method for acquiring wealth is morally flawed. It relies on using a combination of maximum debt and inflation to acquire residential and commercial real estate. Both debt and inflation are contrary to God’s Instructions for Economic Life, so the wealth his method produces is unrighteous wealth.

The wealth gained this way usually comes from people who cannot afford it. It is not a productive activity.


Anonymous said...

I would love to know your thoughts on Dave Ramsey, another popular financial figure among American Christians.

Ron McK said...

I have not read Dave Ramsey's books, but his first couple ofsteps of saving and getting out of debt makes sense. He probably needs an additional step for getting rid of unrighteous wealth.