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Robert Kiyosaki
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Natalie Brunel
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This is the Rich Dad Radio Show. The good news and bad news about money. Here's Robert Kiyosaki.
Robert Kiyosaki
Hello, Robert Kiyosaki, Rich Dad Radio Show. I'm broadcasting from beautiful Scottsdale, Arizona, where it's either heaven or hell. And right now it's heaven. It'll soon be hot as hell. But anyway, our guest today is Natalie Brunel. She's the author of the book called Bitcoin is for everyone. And the reason I wanted Natalie on board here is I'm the old guy. I'm up there with Warren Buffett and Peter Schiff and myself and Buffett and Schiff, they talk badly about bitcoin and I think that's really stupid. Personally, I'll say that publicly. Why would you be against bitcoin? But they have to talk their book, you know, so Peter Schiff sells gold, so he has to talk his book against bitcoin. And Buff is just an old guy, he's 90 something years old. And I think I have more golden Schiff. I mean, I actually start gold mines. So this is a gold mine I took public. And I love gold. I love silver, I love bitcoin, I love Ethereum. I just don't like the Federal Reserve Bank. And America today is the biggest debtor nation in world history. And when I was born in the 40s, we're the richest country in the world but because of the Federal Reserve Bank. And I asked people to study this book here. It's called the Creature from Jekyll Island. You can see I study. I was a real stupid kid in school, but I do study. And the Creature from Jekyll island is about the Federal Reserve bank which was 1913 or something like that. And the creature from Jekyll island also brought on board 19. The Federal Reserve bank also brought on the Internal Revenue Service Taxation. And America was founded as a tax free nation in 1773, as you know, was the call of Boston Tea Party. And we revolted against taxes. And if you study the Communist Manifesto, Karl Marx, who was an intellectual, said that the object of communism was the abolition of private property, labor unions, workers of the world, unite. And taxation. And what Marx said was that taxation was essential for the spread of communism. So when the Federal Reserve bank was kicked in from Jekyll island, it was communism taking over America. That's how I see it. I'm a US Marine, I went to military school, I flew, I fought against communism in Vietnam twice. So I very much anti communist. I just don't understand why guys like Chef and Buffet would have to downplay bitcoin. Because the real enemy isn't bitcoin. The real enemy is the Federal Reserve bank and our treasury that prints fake money. And now America is the biggest debtor nation in world history. That's the problem. So I guess today is Natalie Brunel. She's infamous for bitcoin. And I love what you're doing, Natalie. And I have lots of bitcoin. I've made millions off of it. I got started real late though. I got started at 6,000 and I'm still doing pretty good. I'm still in the money out there. So anyway, welcome to the show, Natalie.
Natalie Brunel
Oh, thank you so so much for having me. This is quite an honor. You did very well on bitcoin. And it just goes to show you how open minded you have been because I think for so many people the ego gets in the way. They heard about bitcoin, they could have bought it, you know, much cheaper. And it does take a little bit of unlearning what you think you know, especially about the financial system which you've done such a great job throughout the educating the public on enemy is the
Robert Kiyosaki
Fed and the US and we have a president today. I wrote two books with him named Donald Trump. He's. He and his sons who are friends of mine, Don Jr. And Eric, they're very pro bitcoin and so I like every time shift gets on, television shifts. One of the smartest guys I know, I mean I've, I've never debated with him because it'd be a waste of my time. He's very smart, but he just hates bitcoin. So does Buffett. And if they treated it like any commodity trade, they'd be okay. I made millions. I bought it. I wish I bought it at six. Yeah, six dollars. I bought it at 6,000. But I still, still doing and I'm still in the money. So anyway. So Natalie, how'd you get into bitcoin?
Natalie Brunel
Sure. So for me it was actually a really interesting journey that I think really has to date back to my humble beginnings. I was raised in a communist country or I was born into one. My were raised in Poland. And so they dreamt of coming to the United States for the American dream and the economic opportunity here. So they left when I was very young. We were able to come here, move to the Chicago area and they started over. They learned the language, they asked for nothing. They expected nothing from the government. They just wanted a chance and, and really it was a self sacrifice so that their children would have a better life. So I grew up watching them work really, really hard. And I went off to college and the great financial crisis hit. And just before I had gone to college, they were finally able to achieve a modest version of the American dream. Purchase a small townhouse outside of the Chicago. And then the great financial crisis hit and they lost everything and they had to file for bankruptcy. And so I graduated into that recession in 09 thinking, well, this system is very unfair and broken. All the bankers are getting bailed out and people like my family are losing their home that they worked so hard for, played by all the rules. And that's when I knew something was wrong. I could recognize that there was a problem. And I went out into the world as a reporter to pursue a career in journalism. And I was reporting on so many of these issues and symptoms that were ultimately rooted in this broken financial system. But I didn't know it at the time. So I was reporting on the increasing cost of living and the growing fragmentation, the political polarization and people just feeling so frustrated that they're working harder than ever, but they're not able to afford what a generation or two ago was much easier. And as you've pointed out in your writings, they don't teach you in school that you need to accumulate assets because the world is really built on inflation and a system of printing money. So I learned about Bitcoin in 2017 when it was about 3,000 a coin. And like so many people I initially dismissed it. I thought, well, it's digital, it could be hacked, I'm going to lose all my money. But I went on a years long journey of really studying the financial system to come to the conclusion that Bitcoin is the best form of money that has ever existed, the hardest form of money. It improves on the properties of gold. And I think it will be the base layer for our economy going forward as the base layer of capital that we can build on to have a more fair system that offers opportunity to more people.
Robert Kiyosaki
Welcome back. Robert Kiyosaki. Our guest today, Michael Maselli, he's REI Energy. For full disclosure, I've been investing with Michael for about 25 years in oil. And Tom Wheelwright who's my, is author of Tax Free wealth, he's my accountant. And the reason I like inviting with Michael is I make a lot of money and pay very little in taxes. Now you can't do that with a 401k and neither should you. So anyway, it's an interesting time in oil and again I went to school for oil. I drove tankers for Standard Oil of California. So I like the oil business. So Michael, what else is going on with you think this bombing of Venezuela would want to take Venezuela? How's it affecting the oil business in America?
Michael Maselli
Well, I don't think it's had much effect so far on prices. Obviously it's going to take quite a while to get Venezuela back to producing the amount of production they did 10 or 20 years ago as far as that. Now you know, Venezuela was one of the founding members of opec. So they are an opec, you know, country. So I'm sure that once that production starts flowing again, there will be restrictions on how much oil and gas each of these members can produce. So I don't really see in it having that big of effect, you know, on the prices of oil. You know, we, we of course here in the United States we drill shale wells and shale wells are probably the most expensive oil to export. You know, our, our crude, you know, I mean you have to have 50 to 60 dollars a barrel. So if crude was to drop say in the 40s for a while due to some of these, these reasons that, that you know, by bringing more crude onto the market, I mean you would definitely see drilling slow down here in the United States as far as on that. So it's kind of a, you know, a give and take type situation. I mean, we have a lot of oil reserves here in the United States. Of course, we don't have 300 billion barrels of reserves in our oil is more expensive to drill and it is more expensive to get out. So I don't really see it have that much effect on prices going forward.
Robert Kiyosaki
Okay. Any comments on that, Tom?
Tom Wheelwright
Yeah, this is fascinating to me because it seems to me like it gives us an, gives the US an opportunity to control the production a little bit and actually have a voice in opec, which we have not had much of a voice in OPEC outside of Saudi Arabia. And of course, the price of oil is a big part of the investment in oil. Right. Because you can't control the price of, of oil. A little easier to control, say, rents on a place you're renting. It's much harder to control the price of oil. So that is one of the challenges with oil and which is why the government gives us such big tax incentives for oil. Now here's another interesting thing. You get incentives for investing in domestic oil, but you don't get tax incentives for investing in foreign oil.
Michael Maselli
So,
Tom Wheelwright
you know, the average investor in the US Is not going to be investing in Venezuela. That's going to be the big guys like Chevron, et cetera, Standard Oil, et cetera, that invest in, in, in Venezuela. They're the ones with the drilling platforms down there. The people who invest here are going to be really, there are a lot of smaller investors, really doctors, lawyers, business owners, employees. Here's one of the great things about oil is that you can be an employee and invest in oil and get the deduction immediately, whereas it's very hard to do that in real estate. So this is a huge advantage that oil has over real estate is that it's not a passive investment. So you don't have to have passive income to offset. You can have ordinary income and offset even your wage income up to a, up to a limit. But for most investors, it's, it's a plenty high limit that it's not going to affect them. So I think that's a huge advantage of domestic drilling in the United States.
Robert Kiyosaki
So, Michael, any words of caution for people looking to invest with guys like you?
Michael Maselli
Well, there's always risk. There's risk in every type of investment. So, you know, if you can't afford to lose the amount you invest, and I would say, you know, you need to look at more of a conservative type investment.
Robert Kiyosaki
So one of things I'm looking at right now with, I was talking to Mike Maselli And, Tom, about this, with AI coming on board, that sucks up a lot of energy. Yep. Right, it does, Michael. I guess looking at that, because, you know, right now I'm looking at an investment for energy outside of oil or. Tom, any comments on that?
Michael Maselli
Well, there's, you know, there's obviously different forms of energy. There's, you know, I think that, you know, what eventually impact more of the prices. I mean, we all know right now wind and solar, they're, well, they're, they're investments. They're not, you know, they don't account for a large amount of the energy that's produced here in the United States just simply because of the cost. I think going forward in the future, you know, you're going to see a lot more small nuclear reactors. You're going to see more nuclear energy that provided that we, you know, we continue on with the administration we have, and we don't go back to the, to the, you know, what the last administration was trying to do. But I think in the future you'll see more, you know, electricity being produced through nuclear just simply because it's a cleaner electricity. And of course, we been running, our military, has been running the battleships off of it for, you know, what, 20 or 30 years. So I think that technology will come on shore eventually.
Tom Wheelwright
Well, on top of that, Mike, it seems like we've got a lot of opportunity for natural gas. Yeah, you were mentioning that your oil fields in Texas are 60% natural gas, where it seems to me like until we get the small nuclear plants, which is, which is still quite a ways away, probably, I'm guessing probably 10 years away before we get those small nuclear plants easily during that time, aren't we going to see more natural gas production and producing a lot of that energy for those big AI facilities, let's call them the data centers, aren't we going to see that coming through natural gas?
Michael Maselli
Yeah, certainly. In fact, you know, we have, you know, probably more natural gas reserves here in the United States than anywhere in the world. And, you know, our biggest problem that we have in, in this country is just getting the gas to market. You know, if you look at some areas out in West Texas, out in the Permian Basin, I mean, they actually have to pay to get rid of their gas. They, they, they don't have the pipelines that are, they can move the gas to the, to the Gulf coast or where it needs to go. So a lot of times, you know, it'll cost them two or $3 a barrel. I mean, two or $3 an MCF just to get get rid of the natural gas.
Robert Kiyosaki
So, so let's say, how do I say this? If I make a hundred thousand dollars with Michael Tom Gross, how much in tax do I pay?
Tom Wheelwright
Well, you're going to pay tax on only 85% of that, so you'll be pay tax on $85,000. But the reality is you can keep investing with Michael and never pay tax. So there's no reason, you know somebody who's an active real an active investor like you are Robert, somebody who's constantly reinvesting. There's no reason to be paying tax because the money you put in you get the tax benefit to offset the income you're taking out. So it's just you keep this is why the rich keep getting richer. Because the rich keep investing. They keep getting the tax benefits on the and then they get the cash flow. But it's non taxable cash flow because of all the tax benefits they're getting from investing.
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Robert Kiyosaki
I'm Alexander Green and I've spent the last few months tracking one of the biggest shifts I've seen in my entire investing career. While most people are chasing the same AI stocks, Nvidia, Tesla, Microsoft President Donald Trump has been pushing America into a a new economic era, one powered by artificial intelligence. But here's what almost nobody understands. For decades, the ultra wealthy had access to specialized investments inside retirement accounts while everyday Americans were left out. That's changing fast. And I've identified one unique fund sitting right at the center of this shift. It's not a stock. It's not an etf, it's not a mutual fund, but it's could be one of the smartest ways to profit from America's AI buildout. And you can access it through a regular brokerage account, often for less than $20. I've put all the details on how to get it into a special briefing and you can watch it right now. Go to howtherichretire.com again howtherichretire.com welcome back Robert Kirsten, the Rich dad radio show. My special guest today is my longtime friend over 30 years now, Ken McElroy. He's made me a very rich man. But Kenny talks about his aha moment was that he's a property in college, he's property management, he collects all the rent, he manages the property. And this investor pulls up and Kenny gives the cash to the investor and that was his, the lights went on so Kenny switched sides of the table. And now I'm one of those investors that comes up to Kenny and he makes a lot of people very, very rich with 0 of their own money in the deal. He's 100% debt. Now don't try this at home unless you're willing to practice because debt can kill you one way or the other. And the reason why I bring Kenny up right now is this. Everybody keeps talking about what's the Fed doing in the three of COVID what's interest rates, all this stuff that's important. But when the, when people keep talking about the Fed, how much does that affect your thinking? The Federal Reserve bank, should I say?
Ken McElroy
Well first of all you gotta watch that stuff. Those are indicators for sure. But I think for a lot of people they're just a distraction from actually getting busy. You know what I mean?
Robert Kiyosaki
It's important.
Ken McElroy
But the Fed doesn't, you know, everything that they do takes a year to a year and a half to two years to even hit the economy. Like everything like an interest rate increase or you know, you know, so they're a, they're a slow moving animal. You know the market, the stock market definitely reacts and you know those kinds of things, you know, obviously based on some decisions. But real estate is, it's a slow moving animal and you know, a quarter point here, quarter point there's, it's, I'm not going to say it's not important but, but it, it, it, I don't understand why there's so much focus on it. It's, you know, you focus, if you focus on cash flow, if the Fed, if the Fed's lowering the Federal funds, rate and interest rates are going down and the 10 years going down, all that stuff, then you just refinance on the way down. It, it's a slow process. If it, you, if you fix your rate and the, and the rates go up, you're hedged, you know, you're, you're good, but you just make sure it cash flows every single time so you don't have to worry about the Fed. So the Fed is something that you gotta watch, but it's no different than the way I watch a, a tenant or a vendor or you know, anything. Like it's just, it's just one thing.
Robert Kiyosaki
Well, the way I look at it is the Fed is like the cost of the money because we're using 100% debt. And the reason I mentioned my first property, this was back in 74, a piece of one bedroom apartment in Maui, I think it was $18,000 was the total price I needed 10% down. Now I could have used, I could have put $1,800 down and got the property, but I used my credit card. So I maxed out my credit card and I'm paying about 30% interest on that credit card and it's still cash flowed. So all it is the price of the money, it's like the price of electricity, the price of water, you know, the price of sewage and all this. It's just an expense out there, but you have to pay attention to it. So when, Kenny, when you, when you. One thing more and more you talk to me about, this is called deal flow. How many deals are you looking at as an everyday practice?
Ken McElroy
Well, we have an investment committee with 10 people that meet every week and there's a tremendous amount of work that's done before that meeting. So in fact right now during this filming, there's a pre investment committee meeting that I'm not on to review deal flow. So to answer your question, there's hundreds of deals right now we're looking at probably 20. Seriously underwriting most of those to see if they make any sense at all. And then it's typical for an investment committee to look at one to three a week and we'll make an offer on one or two a week and probably get zero. There's a whole process of, of looking at the deals, getting information from the brokers, underwriting it, seeing if it cash flows, you know, and then most of those don't even make, you know, the, they're on the cutting room floor I guess is a great analogy. And then the ones that actually come they usually have to have some kind of story, some kind of upside, some kind of cash flow. Like I'll give you an example. We're looking at a deal right now that's a 20, 25 build. And we, we made an offer for 127,000 a unit, brand new construction. And, and you know, which is, you know, maybe some people know what that means. That's a hundred thousand dollar discount that the person that built it per unit and it's 250 units. So you can imagine it's a, it's like a $25 million discount. Now I might get it, we might not get it, but those are the kinds of ones, they have a great story. You know, it's not highly occupied yet, so we can fix the management and we're looking at stuff like that a lot. Robert we made, last week we made an offer on six properties, 1410 units that were lender owned. So every week, you know, there's something new.
Robert Kiyosaki
Yeah, the reason I say that, the average person, you know, they go to school to get a job, they have a 401k and they don't even look at the deal. You know, they just go to their, the financial planners, puts Money in their 401k, they learn nothing. I think that's the biggest crime with real estate, high risk. But you have to learn a lot to be successful with a 401k. It's just hit or miss. Let's say you start investing a 401k at 25 and hopefully at 665 you have money left, but there's no guarantee of it. So the reason Kenny and I talk, we talk all over the world, we teach, we encourage people to go out there, learn to put your own deals together. And you might look at. I remember when I was first looking for my first property in Honolulu after the real estate course and I wasn't successful and my rich dad said to me, this is the reason is you haven't looked at enough deals. It was like the light's going on. I said, my God. He says, you got to step up what Kenny calls deal flow. Look, look, talk investment. People look at one, they quit, they go home. There's nothing out there. Oh, the Fed said this, there's nothing out there. And all the Fed is the cost of your money. It's like the cost of your water, your electricity. That's all it is. But it's important. So what would you encourage the, we call them the fng, the FU guy to do? How should they get started?
Ken McElroy
Well, I Think that the reason that you wrote Rich Dad, Poor dad, the reason that you created the Rich Dad Company and the reason I teach and the reason I do books is one is that the way the system works is that Wall street reaches in everyone's pocket and uses your money anyway. Like they. They make you. You put it into a bank, you put it into a pension, you put it into an insurance company, you put it into a retirement account. Those are all people making money off of what I would call Main Street. And so when you wrote Rich Dad, Poor dad, what you did is you woke up Main Street. You gave people the. You know, you enlightened them and said, wow, I guess I do have options rather than turn my money over. And I. So I think, you know, that's what drives me is. Is, you know, if. If you're just gonna work your butt off and turn your money over and not understand why or how, and then hope, you know, that's why you wrote the book who Stole My Pension. Like, people are doing this. It's just. It's a travesty. Now, the interesting thing is that they are in control of their future. They are. They are making choices themselves. If people just understood that they, you know, the right thing to do is actually use Wall Street. Use it. It's like a. It's like a tool in your tool belt. Like, be Main street, but use Wall street because otherwise you're getting used by Wall Street. You're either. You're either the consumer or the producer. And so, you know, that's what drives me, Robert, is, you know, we're helping people understand that, you know, do your own thing, make your own money.
Robert Kiyosaki
Welcome back, Robert Kiyosaki for chat radio show. Our guest today, Glenn and Eric Meter. We're talking about Big Brother, the advancement of, let's say, AI for a general term, and surveillance. So we're talking about Big Brother and surveillance. You guys have a company, solutions for it. What can a person do to protect themselves from Big Brother?
Glenn Meter
So the first thing is awareness. You have to become aware of what the issue is. You have to be aware of the threats that face you online. And so we talk about Big Brother, but it's big tech, and then there's hackers and scammers, and they all want the same thing. They all want your data, and then they take your data and they weaponize your data against you. So you have to really figure out how to not give them your data. And really, there's things that you can learn, there's skills that you can do. But there's mindset things, there's tools that you can use, all of that stuff. And I'll give you an example here. This might be a little bit more advanced, but I think it's very important that you change the computer that you use, because computers. So Windows now has Copilot on it. Copilot is built in AI on your computer. It takes a screenshot every second. And AI that, the AI that lives on your computer analyzes that. And it's doing that for a purpose and it's doing that to learn about you. And this is part of this, this whole thing that they're doing. Apple does this, Windows does this. And so Linux, I mean, I think it's very important that this is not maybe the first step, but eventually people should move over to Linux. And there's some very good. Linux is a different operating system, but it's really good nowadays. It's very good. And there's specific versions of Linux that we recommend. But that is a way to stop the surveillance on you that's happening every second.
Robert Kiyosaki
So one last. Well, some. That's far beyond my pay grade in Linux and all that stuff. Know, okay, I barely turned on my cell phone, but that's the one thing I noticed when I go into a retail outlet, they say, may have you. May I have your phone number? Yeah. Is that part of it too?
Glenn Meter
Yeah, absolutely. Well, I never give them my phone number. I always do, like my area code and then 867-5309 or. Or just 555-5555 or something like that. But yeah, you're right. You don't want to give them your phone number.
Eric Meter
Yeah, what they're trying to buy is your purchasing patterns. I mean, that's data that they want to know. And I think it was Kroger.
Robert Kiyosaki
Right?
Eric Meter
I mean, Kroger made a ridiculous amount of money on the data. I mean, it's not. I think it was like over 10% of like all their profit. I don't know exactly on the number.
Glenn Meter
$700 million is what Kroger makes on selling your data.
Eric Meter
Wow. Yeah.
Robert Kiyosaki
So I, I have a bad habit as I shop online. Does that open me up again?
Michael Maselli
Yeah.
Eric Meter
I mean, so there's two threads to that. I mean, one, like what we just said with Kroger, is they want to collect your data. But then the other side is hackers and scammers and thieves. And so what people make the mistake of is they reuse their password, they use their real credit or debit card, they use their Email address for everything. And then basically if one of those get compromised, all of them are compromised. So what we do personally is we have a service that creates a fake email address for everyone that we use and it actually forwards it to our email address. We, we use burner debit cards for every transaction. It's actually super easy once you use the software. And basically we have no threat vector because we've obfuscated like all, all of the, of the data. If I purchase something it just says, you know, Will Smith and a different card number than mine and a different email address. So I don't have any threat really.
Glenn Meter
But, but if, if we can keep it simple. Let's just keep it simple right now. So the first thing you should do is maybe use the Brave browser instead of Chrome or instead of Safari, something like that. Don't use google.com, use the brave search engine. Those are two things that I think are very good de Google yourself. Just learn how to get away from Google. I think that would be a very big step too.
Eric Meter
Yeah, and one of the most simple things you can do is just have a webcam cover. And there's also another thing called a microphone blocker where it blocks the microphone from spying on you. But low tech and hardware solutions like you know, a webcam cover that stops the camera from working. That's fantastic because you know, you can't hack a webcam cover off.
Robert Kiyosaki
So what's, what service do you guys provide? Because here I am going, okay, so if that stops me from being an online shopper and then I go, so I go to the retail outlet, they get my credit card there anyway. Do I mean as. Yeah, we're wide open.
Eric Meter
Yeah.
Robert Kiyosaki
And so to say don't use your credit card, that's kind of ridiculous. Or don't give, you know, there's only so much you can do on that side. So what service do you guys provide that on? How they get in touch with you? Should I say?
Eric Meter
So we teach people how to do it in bite sized steps. I mean the biggest problem that people make is they try to jump into the deep end. They want to get a Linux computer or phone, they want to do it all at once. And it's not right. I mean you want to take baby steps, you want to take bite sized pieces and then you can go as far as you want. I don't believe in like elitism with privacy. There's a lot of people that say, oh, you have to do everything or it's worthless. The key is you figure out Your threat model, whatever you want to do, and then take the steps needed. And so that's what we help with. Oh, go ahead.
Glenn Meter
We have a website.
Robert Kiyosaki
Glenn and Eric Meter, how do they get in touch with you guys? How do they access privacyacademy.com privacy academy.com.
Glenn Meter
yes.
Robert Kiyosaki
And what do you get for that?
Glenn Meter
We have a series, it's all about education. So we have a series of courses. How to do this? Just lessons. We have recorded lessons, we have live lessons. And you can, we can work with you one on one, but we can help you learn how to protect yourself from online hackers, thieves and scammers, Big Tech and Big Brother, all three of them are very important to protect yourself against. And that's what we show you how to do.
Robert Kiyosaki
How much does that cost?
Glenn Meter
The core program? We've got different programs, but $49 a month is really the core program.
Robert Kiyosaki
49amonth. And does it protect you or what does it do?
Glenn Meter
It gives you access to the training that allows you to protect yourself.
Robert Kiyosaki
Yeah, the training, but it doesn't protect you without the training.
Glenn Meter
Well, the first thing you need to know is you need to know how to think about this. And you need to. There are just certain things that you need to do and ways to think and understand how to stop the data flow.
Robert Kiyosaki
Yep.
Glenn Meter
So that's what it is.
Robert Kiyosaki
To understand the problem and the solution,
Eric Meter
we teach you how to use the software. Like if you do want to use a Linux computer, we'll show you how to load it onto your own device, transition over to it. So the problem and then also the solution aspect of it.
Robert Kiyosaki
That was Hackers Academy again. Well, Privacy academy.
Glenn Meter
Privacy privacy academy.com.
Eric Meter
yeah, don't go to Hackers Academy.
Robert Kiyosaki
Everybody, everybody sign up for that. Well, what did they anyway, you know, it's such a brave new world we live in and Big Brother is watching. What you're saying is disturbing. Yeah, especially since you know where you're vulnerable everywhere. And we come back, we'll be able to. Final word from Rich Dad. We'll be right back.
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Robert Kiyosaki
Welcome back once again. Thank you to Eric and Glenn Meter of Privacy Academy. I think there the recommendation is solid. Understand the problem first before you do anything. So any final words there anything you want to else you would like to advise people what they should know, what you see coming and what the threats are?
Eric Meter
Yeah, absolutely. I think the threat is that everything is becoming centralized and so I define a smart device as the ability to surveil you and then the ability to control you. And a good way to look at that is like if you look at a car from the 80s, it's very simple. You know, you turn the ignition, the car turns on, you turn the wheel, the wheels turn. But now it's a computer on wheels. So what does that mean? It can be controlled like a computer can. And so, you know, they can limit how far you drive, they can limit how fast you drive, they can limit everything because it is a smart device. And what's happening is all of these data points are centralizing, and that means all the centralized power is going to a small group of people. So right now, we're seeing an extreme centralization of power. And basically it's all going to say that privacy is really being ignored right now. But I think it is the biggest issue to liberty. I think it's the backbone to what's creating and could create the most powerful collectivist society ever. And if you care about your personal liberty, I really urge you to learn about the dangers and, you know, opt out of that awful future.
Zapier/Docebo Advertiser
This podcast is a presentation of Rich Dad Media Network.
This episode explores ways to protect and grow wealth through non-traditional assets—Bitcoin, domestic oil, and real assets—while also diving into the critical subject of personal data privacy in the digital age. Host Robert Kiyosaki is joined by several expert guests who bring diverse perspectives on financial independence, privacy, and why mainstream narratives often hide wealth-building opportunities.
Candid, direct, and often irreverent, the episode embodies Kiyosaki's forthright style: “in-your-face” advice, a willingness to challenge orthodoxy, and an emphasis on practical, actionable wisdom that listeners can apply to build resilient wealth and independence.
If you want to take control of your money, your taxes, your data, and your freedom, this episode is a masterclass in breaking free from both financial and digital enslavement.