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Robert Kiyosaki revolutionized personal finance with *Rich Dad Poor Dad*. His central thesis is simple but profound: 'The poor and the middle class work for money. The rich have money work for them. ' He teaches that wealth is not about high income, but about acquiring assets that generate cash flow. He challenges us to stop trading time for money and start building a portfolio of assets that buy our freedom.
"The poor and middle class all too often allow the power of money to control them. By simply getting up and working harder, failing to ask themselves if what they do makes sense, they shoot themselves in the foot as they leave for work every morning. By not fully understanding money, the vast majority of people allow the awesome power of money to control them. The power of money is used against them."
Website: Wikiquote - Robert Kiyosaki (Rich Dad Poor Dad: What the Rich Teach Their Kids About Money-That the Poor and the Middle Class Do Not!)
"It’s just like riding a bike. After a little wobbling, it’s a piece of cake. But when it comes to money, it’s the determination to get through the wobbling that’s a personal thing."
Website: Wikiquote - Robert Kiyosaki (Rich Dad Poor Dad: What the Rich Teach Their Kids About Money-That the Poor and the Middle Class Do Not!)
"How can I afford to never work again?"
Website: Wikiquote - Robert Kiyosaki (Rich Dad Poor Dad: What the Rich Teach Their Kids About Money-That the Poor and the Middle Class Do Not!)
"Small thinkers don’t get the big breaks. If you want to get richer, think bigger first."
Website: Wikiquote - Robert Kiyosaki (Rich Dad Poor Dad: What the Rich Teach Their Kids About Money-That the Poor and the Middle Class Do Not!)
"When someone sues a wealthy individual they are often met with layers of legal protection, and often find that the wealthy person actually owns nothing. They control everything, but own nothing."
Website: Wikiquote - Robert Kiyosaki (Rich Dad Poor Dad: What the Rich Teach Their Kids About Money-That the Poor and the Middle Class Do Not!)
"I would say that one of the hardest things about wealth building is to be true to yourself and be willing to not go along with the crowd."
Website: Wikiquote - Robert Kiyosaki (Rich Dad Poor Dad: What the Rich Teach Their Kids About Money-That the Poor and the Middle Class Do Not!)
"[...]proper mental exercise increases your chances for wealth."
Website: Wikiquote - Robert Kiyosaki (Rich Dad Poor Dad: What the Rich Teach Their Kids About Money-That the Poor and the Middle Class Do Not!)
"Today, we need greater financial intelligence to simply survive."
Website: Wikiquote - Robert Kiyosaki (Rich Dad Poor Dad: What the Rich Teach Their Kids About Money-That the Poor and the Middle Class Do Not!)
"“The main cause of poverty or financial struggle is fear and ignorance, not the economy or the government or the rich. It’s self-inflicted fear and ignorance that keeps people trapped."
Website: Wikiquote - Robert Kiyosaki (Rich Dad Poor Dad: What the Rich Teach Their Kids About Money-That the Poor and the Middle Class Do Not!)
"Please don’t let money run your life."
Website: Wikiquote - Robert Kiyosaki (Rich Dad Poor Dad: What the Rich Teach Their Kids About Money-That the Poor and the Middle Class Do Not!)
"When it comes to money, most people want to play it safe and feel secure. So passion does not direct them. Fear does.”"
Website: Wikiquote - Robert Kiyosaki (Rich Dad Poor Dad: What the Rich Teach Their Kids About Money-That the Poor and the Middle Class Do Not!)
"When it comes to money, the only skill most people know is to work hard."
Website: Wikiquote - Robert Kiyosaki (Rich Dad Poor Dad: What the Rich Teach Their Kids About Money-That the Poor and the Middle Class Do Not!)
"And in all my years, I have never met a rich person who has never lost money. But I have met a lot of poor people who have never lost a dime…investing, that is."
Website: Wikiquote - Robert Kiyosaki (Rich Dad Poor Dad: What the Rich Teach Their Kids About Money-That the Poor and the Middle Class Do Not!)
"The people who get out of the “Rat Race” in the game the quickest are the people who understand numbers and have creative financial minds."
Website: Wikiquote - Robert Kiyosaki (Rich Dad Poor Dad: What the Rich Teach Their Kids About Money-That the Poor and the Middle Class Do Not!)
"If you have little money and you want to be rich, you must first be “focused,” not “balanced.”"
Website: Wikiquote - Robert Kiyosaki (Rich Dad Poor Dad: What the Rich Teach Their Kids About Money-That the Poor and the Middle Class Do Not!)
"The fear of losing money is real. Everyone has it. Even the rich. But it’s not fear that is the problem. It’s how you handle fear. It’s how you handle losing. It’s how you handle failure that makes the difference in one’s life. That goes for anything in life, not just money. The primary difference between a rich person and a poor person is how they handle that fear."
Website: Wikiquote - Robert Kiyosaki (Rich Dad Poor Dad: What the Rich Teach Their Kids About Money-That the Poor and the Middle Class Do Not!)
"And when it comes to money, high emotions tend to lower financial intelligence."
Website: Wikiquote - Robert Kiyosaki (Rich Dad Poor Dad: What the Rich Teach Their Kids About Money-That the Poor and the Middle Class Do Not!)
"For while the process of developing cash flow from an asset column in theory is easy, it is the mental fortitude of directing money that is hard."
Website: Wikiquote - Robert Kiyosaki (Rich Dad Poor Dad: What the Rich Teach Their Kids About Money-That the Poor and the Middle Class Do Not!)
"My real estate strategy, on the other hand, is to start small and keep trading the properties up for bigger properties and, therefore, delaying paying taxes on the gain. This allows the value to increase dramatically. I generally hold real estate less than seven years."
Website: Wikiquote - Robert Kiyosaki (Rich Dad Poor Dad: What the Rich Teach Their Kids About Money-That the Poor and the Middle Class Do Not!)
"As I said, getting out of the rat race is technically easy. It doesn’t take much education, but those doubts are cripplers for most people."
Website: Wikiquote - Robert Kiyosaki (Rich Dad Poor Dad: What the Rich Teach Their Kids About Money-That the Poor and the Middle Class Do Not!)
"Remember that financial intelligence is the mental process via which we solve our financial problems."
Website: Wikiquote - Robert Kiyosaki (Rich Dad Poor Dad: What the Rich Teach Their Kids About Money-That the Poor and the Middle Class Do Not!)
"More money seldom solves someone’s money problems. Intelligence solves problems."
Website: Wikiquote - Robert Kiyosaki (Rich Dad Poor Dad: What the Rich Teach Their Kids About Money-That the Poor and the Middle Class Do Not!)
"Too often today, we focus to borrowing money to get the things we want instead of focusing on creating money."
Website: Wikiquote - Robert Kiyosaki (Rich Dad Poor Dad: What the Rich Teach Their Kids About Money-That the Poor and the Middle Class Do Not!)
"So I pay myself first, invest the money, and let the creditors yell."
Website: Wikiquote - Robert Kiyosaki (Rich Dad Poor Dad: What the Rich Teach Their Kids About Money-That the Poor and the Middle Class Do Not!)
"“I’ve met so many people who say, ‘Oh, I’m not interested in money.’ Yet they’ll work at a job for eight hours a day. That’s a denial of truth. If they weren’t interested in money, then why are they working?"
Website: Wikiquote - Robert Kiyosaki (Rich Dad Poor Dad: What the Rich Teach Their Kids About Money-That the Poor and the Middle Class Do Not!)
"“Simply because it’s easier to learn to work for money, especially if fear is your primary emotion when the subject of money is discussed.”"
Website: Wikiquote - Robert Kiyosaki (Rich Dad Poor Dad: What the Rich Teach Their Kids About Money-That the Poor and the Middle Class Do Not!)
"A job is only a short-term solution to a long-term problem."
Website: Wikiquote - Robert Kiyosaki (Rich Dad Poor Dad: What the Rich Teach Their Kids About Money-That the Poor and the Middle Class Do Not!)
"To be the master of money, you need to be smarter than it. Then money will do as it is told. It will obey you. Instead of being a slave to it, you will be the master of it. That is financial intelligence."
Website: Wikiquote - Robert Kiyosaki (Rich Dad Poor Dad: What the Rich Teach Their Kids About Money-That the Poor and the Middle Class Do Not!)
"“The poor and the middle class work for money.” “The rich have money work for them.”"
Website: Wikiquote - Robert Kiyosaki (Rich Dad Poor Dad: What the Rich Teach Their Kids About Money-That the Poor and the Middle Class Do Not!)
"If you want to be rich, you need to be financially literate."
Website: Wikiquote - Robert Kiyosaki (Rich Dad Poor Dad: What the Rich Teach Their Kids About Money-That the Poor and the Middle Class Do Not!)
"It’s what is in your head that determines what is in your hands. Money is only an idea."
Website: Wikiquote - Robert Kiyosaki (Rich Dad Poor Dad: What the Rich Teach Their Kids About Money-That the Poor and the Middle Class Do Not!)
"Illiteracy, both in words and numbers, is the foundation of financial struggle."
Website: Wikiquote - Robert Kiyosaki (Rich Dad Poor Dad: What the Rich Teach Their Kids About Money-That the Poor and the Middle Class Do Not!)
"Keep working boys, but the sooner you forget about needing a paycheck, the easier your adult life will be."
Website: Wikiquote - Robert Kiyosaki (Rich Dad Poor Dad: What the Rich Teach Their Kids About Money-That the Poor and the Middle Class Do Not!)
"That is financial intelligence. It is not so much what happens, but how many different financial solutions you can think of to turn a lemon into millions. It is how creative you are in solving financial problems."
Website: Wikiquote - Robert Kiyosaki (Rich Dad Poor Dad: What the Rich Teach Their Kids About Money-That the Poor and the Middle Class Do Not!)
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