Don’t buy luxuries until you’ve built the assets to afford them
ROBERT KIYOSAKIRule One. You must know the difference between an asset and a liability, and buy assets. An asset is something that puts money in my pocket. A liability is something that takes money out of my pocket.
More Robert Kiyosaki Quotes
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Don’t bury your failures, let them inspire you.
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Get your assets working for you so that your “ass” isn’t working for someone else.
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If you are afraid of making mistakes, you won’t learn anything and you won’t make much money.
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If you realize that you’re the problem, then you can change yourself, learn something and grow wiser. Don’t blame other people for your problems.
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There’s a bit of hidden magic in every mistake. The magic is called learning.
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Learn how to learn, then learn what to learn.
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In today’s fast-changing world, it’s not so much what you know anymore that counts, because often what you know is old. It is how fast you learn. That skill is priceless.
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The rich buy assets. The poor only have expenses. The middle class buys liabilities they think are assets. The poor and the middle class work for money. The rich have money work for them.
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The only difference between a RICH person and a POOR person is how they use their time.
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If you want to change your life, begin by changing your words. Start speaking the words of your dreams, of who you want to become, not the words of fear or failure.
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It’s more important to grow your income than cut your expenses. It’s more important to grow your spirit that cut your dreams.
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One of the best skills of an entrepreneur is the ability to question. By asking new questions, new answers are found.
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We all have defining moments. It is in these moments that we find our true characters. We become heroes or cowards; truth tellers or liars; we go forward or we go backward.
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A goal is different from a wish. You may wish to be rich, but there’s no responsibility for it. With a goal, it’s on you to achieve it.
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Finding good partners is the key to success in anything: in business, in marriage and, especially, in investing.
ROBERT KIYOSAKI