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How to differentiate between good debt and bad debt? Harsh Roongta explains

Harsh Roongta advises paying off expensive loans like credit cards or unsecured loans first. Fixed income bearing investments should be used before considering a top up loan on a home loan to pay that off. Fixed deposits can be used to repay loans through linked savings accounts for liquidity and high interest.
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Robert Kiyosaki, 'Rich Dad, Poor Dad' author, admits to $1.2bn debt

Robert Kiyosaki, the author of the best-selling personal finance book 'Rich Dad, Poor Dad', has admitted to being in debt to the tune of $1.2 billion. The entrepreneur, known for his advice on wealth-building and financial management, made this claim during a recent Instagram reel and on the "Disruptors" podcast.
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Rich Dad, Poor Dad author Robert Kiyosaki acknowledges he is $1.2 billion in debt: 'If I go bust, the bank goes bust'

Robert Kiyosaki, author of Rich Dad, Poor Dad, shares his unique philosophy on debt and investment. He uses debt to pay for assets, categorizing luxury vehicles as liabilities. He also advocates for saving gold instead of cash and has amassed a debt of $1.2 billion.
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