[Antoni]

Dave Ramsey or Robert Kiyosaki and why? There are two very different schools of thought when it comes to personal finance and wealth building.

On one side, Dave Ramsey promotes a conservative and disciplined approach: live below your means, avoid debt completely, save aggressively, and invest in mutual funds or index funds for long-term growth.

On the other side, Robert Kiyosaki encourages a more aggressive strategy: use credit and leverage to buy assets like rental properties, focus on cash flow, and build wealth through real estate and entrepreneurship—even if that means taking on significant debt.

Which philosophy do you personally align with more, and why?

Do you believe in living debt-free and slowly building wealth through safe, long-term investments?

Or do you lean toward leveraging debt to accelerate financial growth and take calculated risks?

Share your perspective, especially if you’ve tried either method (or a combination of both).

I’m curious to hear how different people approach these two very different financial mindsets.

[Andrea]

I’m team Dave Ramsey. Being completely debt-free gives a level of peace and control that no leveraged investment ever could.

Freedom isn’t just about wealth—it’s about not being owned by anything or anyone.

[Ian]

Dave Ramsey is for learning to budget and to form financial discipline. It will keep you from drowning.

Kiyosaki is good for understanding wealth. It will teach you how to swim.

[Mia]

As the daughter of someone who went bankrupt 3 times on the credit-maxing real estate route and subjected our whole family to severe financial trauma, I’m a hard no on that.

Squatting in your own home during foreclosure with nowhere to go is a horrible place to be.

Currently wrapping up baby step 3 on Ramsey and have never felt so much peace around money in my whole life.

[Hermine]

Ramsey all the way. I don’t agree with 100% of the things he says but the general sentiment is really, really good.

There is no gamble in getting debt free and investing steadily

[Renee]

I have no desire to be a landbastard, so I’m not going to put myself in debt to build my personal wealth off of others.

[Redmon]

Rich dad poor dad wasn’t that great and every book he wrote after that was an obvious money grab.

Robert kiyosaki has been preaching the end the world is coming for the past 20+ years as a way to get people to buy his programs.

[Num]

They are for different group.
Dave Ramsey is for personal finance
Robert k is for growing wealth.

You got to have your personal finance house in order first before thinking about expanding your wealth

Robert k never encourage to have debt for personal consumption. He only encouraged debt to invest or grown business.

[Keith]

Dave Ramsey plan gives you a great financial foundation. Once you have completed baby step 4, you can tailor it for your situation.

[Lietha]

Neither? I think both have gone bankrupt. Ramsey is good if you’re in credit card debt. Once you’re past that, you need better advice.

Kiyosaki has a couple good concepts in RDPD.

That’s about it. He’s been predicting a stock market wipe out since the 1990’s.

[Luciano]

I don’t agree with everything Dave Ramsey says and these can’t be the only options. For me investing is it because it’s more passive than real estate.

However, I believe a combination of the two is probably best.

The only difference in real estate for me would be commercial property not residential.

[Spagn]

I like both concepts. My wife (29) and I (32) are completely debt free from everything except mortgages. HOWEVER, those mortgages are for investment properties (good debt).

We are renting currently, but we had a primary in the past which allowed us to purchase these investments.

Using debt to purchase those investments now nets us $1500/month. We do have a cash reserve for cap ex items.

Buying these properties over the years has also contributed to increasing our net worth over $500k.

All in all, I think mixing the two strategies can set you up for success.

[Author]

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