American investment guru Robert Kiyosaki blames Lanka’s economic woes on weak financial education

Financial education must become a national priority if Sri Lanka is to overcome its debt challenges and avoid future crises, urged Robert Kiyosaki, the globally acclaimed author of Rich Dad Poor Dad.

In an exclusive interview on HydePark, aired on Ada Derana 24, Kiyosaki said the country’s problems are not due to lack of resources but due to weak financial education. “Sri Lanka is a rich country with poor education,” he said. “If you teach your people financial literacy, you can become as competitive as India or China.”

Highlighting his philosophy of investing in real assets rather than saving cash, Kiyosaki warned against reliance on printed money. “Paper currency is fake, it gets poorer the more you save it. Wealth comes from assets that generate cash flow,” he explained.

Kiyosaki was in Colombo on Sunday for a seminar organised by Success Resources, in collaboration with the Dr. Kumar Iddamallena Leadership Academy, where he introduced participants to his Cashflow board game, a tool he developed to teach financial literacy in a practical, interactive way.

“Education is the key. If Sri Lanka changes how its children are taught about money, it can create a financially resilient future,” he said.

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