Why Savers Are Losers?


One of the most liberal idea of famous Rich Dad Poor Dad author Robert Kiyosaki is that SAVERS are LOSERS! Yes, you’ve heard it right, Kiyosaki said that savers are losers! You may think that this is in contrast with the notion of personal finance as it talks about saving money but no it isn’t.

Just like in Sports, an athlete must first prepare to achieve his end goal. He then sees the end of the line before he even starts. In preparing for the big event, he must exercise and condition his body, prepare for some tactics and improve his skills to perform well. Tactics are “techniques” to reach the goal earlier than the rest and thus, it is imperative to study these techniques to win the game.

In achieving financial freedom, it’s not always sufficient to just save for money. That’s why Kiyosaki said Savers are Losers. One must know how to invest their money to fight inflation. The very goal of investing is to have an additional income because the value of our money decreases as an effect of inflation. The value of your money today is not the same as the value of your money one month ago because of inflation.

Savers are losers because they only know how to save money in the bank through bank deposits which give them very little interest income not even enough to outgrow inflation. One must build several assets that are income producing to become passive income earner. Therefore, savings should be used to invest in assets. By assets, I mean those investment vehicles that puts in money into your pocket.

Savers are losers because they deprive themselves of the comforts that money can buy. It may seem conflicting but what Kiyosaki really mean is that we should know how to properly invest our money to have passive income and use this passive buy our wants, preventing ourselves from deprivation.


Tyrone is a passionate financial literacy advocate. He started this blog on November 2008 when he watched The Secret which talked about Law of Attraction because he wanted to become a millionaire and wanted to know how a millionaire acts. At the age of 26, he achieved his first million. To find out more about him, click here or follow him at Instagram

7 responses on “Why Savers Are Losers?

  1. I think it is true that savers are losers, but it is not the whole picture.

    If you don’t save, where can you get money to invest? If you can’t even discipline yourself to save, how can you expect yourself to handle the ups and downs of investing especially in the stock market? Will you be disciplined enough to stick to your investing strategy and not panic if you see the stocks falling to record lows? Will you lose a lot of money for lack of discipline? If you lose money through your failed “investments”, who’s the loser now? You or the saver?

    In the end, it is not that saving money is bad. Saving money allows you to have more money to invest.

    If your “saved” money, however, is lying idle and not growing or working for you to give you more money (hint: investing), then you ARE losing money.

    For every dollar you save in the bank, the bank is allowed to lend 10x that, and earn 10x more money in interests. They get 10% when they lend your “saved” money to other people and they pay you 1% for giving them the money to do all that.

    It’s time you take control of your own money. Regain your power and show your money who is the real master and who is the slave. Save. Invest.

  2. Savers are not losers if they save for investment and not consumption. Those who park their money in the bank become losers because inflation eats away their money’s purchasing power.

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