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(upbeat tempo) - So welcome back its Robert Kiyosaki with my dear friends daughter here Alexa. And were talking about Millenials and money, and we gone through some lessons. I dont know how many more, but lets continue on with another lesson here. And so we were talking about you know assets and liabilities, right? - Yes. And when you read Rich Dad Poor Dad I said your house is not an asset what did you think? - Well, I think thats a conception that many people believe, but as you demonstrated the last seminar that we went to in Argentina. My mom had her properties and she converted them into assets. Correct. - I think it just depends on what you do with it and it would be great if you could show us how to turn your house into an asset. Its very its really fundamentals. If I could go back I probably covered it earlier, (marker rattling) but its a crucial question and this is what financial education and financial literacy really is. Again it starts with the financial statement a
