Today I suggest you revisit one of the most controversial articles to have appeared on various forums throughout our history of posts. It’s a piece in which we denounce what, from our point of view, amounts to a commodification (whether authorised by legal royalties or not) of the concept of Financial Independence as popularised by the well-known Kiyosaki.
Citigroup, through its array of ad hoc companies (CitiFin, CitiSolutions, etc.), launched a very aggressive campaign some time ago to recruit amateur salespeople eager to attract clients. These are practices which we describe in this article as ‘wolves in sheep’s clothing’, designed to maximise corporate and intermediary profits under the guise of ensuring the future personal well-being of their clients/prey. And all of this bears the stamp of the RichDad philosophy since it makes use of its licence to operate, but completely distorts it by turning it into banking services. The application of network marketing, moreover, sadly perverts it.
As we’ve already mentioned in the article, perhaps our friend Robert Kiyosaki should take action on this matter, because I find it hard to believe that the payment of royalties – however substantial they may be – makes up for his complicity.
May the quest for financial independence rest in peace if it has to be achieved through our banks. Without further ado, here is the article:
CitiSoluciones, the networking service for CitiBank. May Kiyosaki’s financial independence rest in peace
I hope you enjoy reading it again and discussing it a year on.