Kim Kiyosaki is one half of the team that brought the financial advice book "Rich Dad, Poor Dad" to shelves. The book, written by Kim's husband Robert Kiyosaki, and published in 1997, was a New York Times bestseller. It became the foundation for a financial self-help brand that's still well-known -- despite a filing for corporate bankruptcy in 2012.
Kim has her own brand, "Rich Woman," where she highlights her work as a speaker, author, and real estate investor. And thanks to a recent post on her Instagram account, this "Rich Woman" was called out for being very out-of-touch with reality.
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"If people took personal responsibility for their financial lives, we would have so many problems disappear," she says. Kiyosaki continues, saying that people are being taught not to financially take care of themselves.
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"Well here's a stimulus check. Oh, here's entitlement checks for you. Here's unemployment checks."
Commentators on social media were, in some instances, confused. How can two stimulus checks, which were distributed during the covid-19 pandemic that put 9.6 million people out of work, have given people a sense of "entitlement?"
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Commenters who have had to rely on unemployment benefits chimed in with some numbers and personal experience.
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One commenter had a thoughtful reply to Kiyosaki's take on "the rich" being blamed for "causing all these social problems," acknowledging that "major economic problems ... in turn (create) social problems."
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