The Dads Were Asked...
Is buying used always smarter than buying new?
1 month ago · 18 views · Updated Jun 28, 2026
AI-generated perspectives — for educational purposes only · Not financial advice
The dads are weighing their options
This usually takes a few seconds
This question affects nearly every major purchase a person makes — from cars to electronics to business equipment. The choice between new and used can significantly impact long-term wealth, debt levels, and financial stability. Understanding when each option makes sense can prevent costly mistakes and accelerate financial goals.
Poor Dad Says
The Bottom Line
Both perspectives agree that blind spending is the real enemy. Rich Dad focuses on opportunity cost and income generation, while Poor Dad prioritizes depreciation and risk reduction. The smarter choice depends on whether the purchase builds income or simply satisfies consumption.
Who are Rich Dad & Poor Dad? tap to expand
Rich Dad
Represents an entrepreneurial, investment-first mindset — inspired by Robert Kiyosaki's Rich Dad Poor Dad (1997). Prioritises assets, passive income, and financial independence over job security.
Poor Dad
Represents a conventional, security-focused mindset — the "get a good job, save money, avoid risk" worldview. Grounded in stability, steady income, and traditional financial wisdom.
The perspectives on this site are AI-generated illustrations of these two contrasting philosophies. They are not affiliated with Robert Kiyosaki or any related entities. Learn more.
Whose advice would you follow?
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