Quotes from Robert T. Kiyosaki

It's self-inflicted fear and ignorance that keep people trapped.

I am not saying don't buy a house. What I am saying is that you should understand the difference between an asset and a liability. When I want a bigger house, I first buy assets that will generate the cash flow to pay for the house.

One is time, which is your most precious asset. The second is learning. Having no money should not be an excuse to not learn. But that is a choice we all make daily: the choice of what we do with our time, our money, and what we put in our heads. That is the power of choice. All of us have choice. I just choose to be rich, and I make that choice every day.

The reason I minimize my income is because I don't want to pay it to the government. That is why my income comes from my asset column, through a Nevada corporation. If I work for money, the government takes it.

2.?Make daily choices: the power of choice

is yours, and only yours. Every day with every dollar, you decide to be rich, poor, or middle class. Choose to share this knowledge with your children, and you choose to prepare them for the world that awaits. No one else will. You and your children's future will be determined by choices you make today, not tomorrow. I wish you great wealth and much happiness with this fabulous gift called life.

So we become rich by becoming partners with the government?

there was a sudden burst in their popularity.

I will move my money in for a week to a month while the stock moves up. Then I pull my initial dollar amount out, and stop worrying about the fluctuations of the market, because my initial money is back and ready to work on another asset. So my money goes in, and then it comes out, and I own an asset that was technically free.

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Keep using your brain, work for free, and soon your mind will show you ways of making money far beyond what I could ever pay you. You will see things

3.?Choose friends carefully: the power of association

Rich people acquire assets. The poor and middle class acquire liabilities

By not giving in to your emotions, you were able to delay your reactions and think.

You're taxed when you earn. You're taxed when you spend. You're taxed when you save. You're taxed when you die.

like to quote John D. Rockefeller, who said, "I always tried to turn every disaster into an opportunity.

He could not understand my decision to resign from a career that offered high pay, great benefits, lots of time off, and opportunity for promotion. When he asked me one evening, "Why did you quit?" I could not explain it to him, though I tried hard to. My logic did not fit his logic.

knew that every individual also had a part of their soul that was resilient and could never be bought.

Rule #1: You must know the difference between an asset and a liability, and buy assets.

To be successful as a B requires: 1.? Ownership or control of systems, and 2.? The ability to lead people.

FINANCIAL APTITUDE: What you do with the money once you make it, how to keep people from taking it from you, how to keep it longer, and how to make that money work hard for you.

How fast do I get my money back?

If you're ignorant, it's easy to be bullied.

Never forget that fear and desire can lead you into life's biggest trap if you're not aware of them controlling your thinking. To spend your life living in fear, never exploring your dreams, is cruel.