Quotes from “Rich Dad Poor Dad” by Robert Kiyosaki

The poor and the middle class work for money. The rich have money work for them.
The investment is not risky for the financially literate
An intelligent person hires people who are more intelligent than he is
Cash flow tells the story of how a person handles money
You must know the difference between an asset and a liability, and buy assets
Rich people acquire assets. The poor and middle class acquire liabilities that they think are assets
If you want to be rich, you need to be financially literate
Money without financial intelligence is money soon gone
It’s not how much money you make.

It’s how much money you keep
The poor and the middle class work for money. The rich have money work for them
job is only a short-term solution to a long-term problem
most everyone else avoids. If you go with me, you’ll let go of the idea of working for money and instead learn to have money work for you.”
Although both men had tremendous respect for education and learning, they disagreed about what they thought was important to learn. One wanted me to study hard, earn a degree, and get a good job to earn money. He wanted me to study to become a professional, an attorney or an accountant, and to go to business school for my MBA. The other encouraged me to study to be rich, to understand how money works, and to learn how to have it work for me. “I don’t work for money!” were words he would repeat over and over. “Money works for me!”
, not because of the amount of money he earned, which was significant, but because of his thoughts and actions
I noticed that people really do shape their lives through their thoughts.
For example, my poor dad always said, “I’ll never be rich.” And that prophecy became reality. My rich dad, on the other hand, always referred to himself as rich. He would say things like, “I’m a rich man, and rich people don’t do this.” Even when he was flat broke
Learn to use your emotions to think, not think with your emotions
It’s just like the picture of a donkey dragging a cart with its owner dangling a carrot just in front of its nose. The donkey’s owner may be going where he wants to, but the donkey is chasing an illusion. Tomorrow there will only be another carrot for the donkey.”
He explained that once a person stops searching for information and self-knowledge, ignorance sets in. That struggle is a moment-to-moment decision—to learn to open or close one’s mind.
“Fear pushes you out the door, and desire calls to you. That’s the trap.”
Fear pushes you out the door, and desire calls to you
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