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.
ROBERT KIYOSAKIIt’s more important to grow your income than cut your expenses. It’s more important to grow your spirit that cut your dreams.
More Robert Kiyosaki Quotes
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Rule 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.
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There are many people who have big plans but their big plans never come true. The reason is, too many people have big plans but fail to keep their small agreements.
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The philosophy of the rich and the poor is this: the rich invest their money and spend what is left. The poor spend their money and invest what is left.
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Building your own business is the best way to become rich. Then you can begin investing in other assets.
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The biggest risk a person can take is to do nothing.
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Those who have safe and secure jobs pay more taxes than those who own the business that provides the jobs.
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Don’t let the fear of losing be greater than the excitement of winning.
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Comfort kills ambition. Get uncomfortable and get used to it in your pursuit of your goals and dreams.
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Rich people buy luxuries last, while the poor and middle class tend to buy luxuries first.
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Being an entrepreneur is simply going from one mistake to the next. You must have the fortitude to continue on.
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The ability to sell is the number one skill in business. If you cannot sell, don’t bother thinking about becoming a business owner.
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Money is not the goal. Money has no value. The value comes from the dreams money helps achieve.
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Never say you cannot afford something. That is a poor man’s attitude. Ask HOW to afford it.
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There’s a bit of hidden magic in every mistake. The magic is called learning.
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When you are young, work to learn, not to earn.
ROBERT KIYOSAKI