Quote by: Robert Kiyosaki

Bad debt is debt that makes you poorer. I count the mortgage on my home as bad debt, because I'm the one paying on it. Other forms of bad debt are car payments, credit card balances, or other consumer loans.

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Author Bio

  • NameRobert Kiyosaki
  • DescriptionAmerican finance author , investor
  • BornApril 8, 1947
  • CountryUnited States Of America
  • ProfessionOfficer; Motivational Speaker; Businessperson; Writer; Teacher; Blogger; Entrepreneur; Financier; Helicopter Pilot
  • AwardsAir Medal