Money gurus Suze Orman (Oprah gal pal) and Robert Kiyosaki of Rich Dad Poor Dad fame had twitter beef the other day over their financial philosophies.
According to the ABC News’ Business Unit, this is how the money mash up began:
Kiyosaki, the co-author of “Rich Dad, Poor Dad,” tweeted under the handle “theRealKiyosaki”…that he “can’t believe” Orman and said, “No way in hell she believes what she teaches.”
Orman, also an author and the host of a personal finance show on CNBC, shot back in all capital letters — the online version of yelling — and took a swipe at Kiyosaki’s emphasis on real estate investments.
At least, “I DID NOT LEAD MILLIONS OF PEOPLE DOWN THE PATH TO LOSE ALL THEIR MONEY IN REAL ESTATE AS YOU DID. SHAME ON YOU,” she wrote.
Kiyosaki responded with a dig at Orman’s retirement planning advice, saying, “If we are talking losses … how about the TRILLIONS lost through 401Ks.”
Regardless of the drama, what are your views on the best way to handle your financial life? I am Team Orman. Yes, you can find me on my couch watching her CNBC show, happily waiting for the “Can I Afford It?” segment. Yep, no shame in my financial game.
I think Orman has really good common sense advice for the masses. I have a 401(k). I do not own a home, and I know a lot more people who regret buying a home more than they regret saving in their 401(k). I read her book Young Fabulous & Broke. Loved it.
Kiyosaki needs to back up off Orman. He’s successful, too! No need to hate on Suze O. on twitter. BAD FORM!
There’s room for different financial philosophies. No one has the same financial foot print. Find what works for you.
Who are your favorite money gurus? Are you Team Suze or Kiyosaki? Who would you bet on in a fist fight? I think Suze would whoop Kiyosaki. She has an “eye-of-the-tiger-like stare.” heh.