Quotes from Robert T. Kiyosaki

Many banks will loan money for a franchise, but not for a small start-up business, because they recognize the importance of systems and how starting with a good system lowers their risk.

Everyone has the fear of losing money; the difference is how you handle fear and losing. The primary difference between a rich person and a poor person is how they manage that fear.

which type of money to work hard for.

You're only poor if you give up.

Most people dream of being rich, but are terrified of losing money. So they never get to heaven. Rich

The previous chapter presented diagrams illustrating that most people work for everyone but themselves. They work first for the owners of the company, then for the government through taxes, and finally for the bank that owns their mortgage.

I have advanced degrees from prestigious schools. What does Mike's dad have?" I paused and replied quietly, "Money, and free time.

My highly educated dad always encouraged me to land a good job with a strong corporation. He spoke of the virtues of "working your way up the corporate ladder." He didn't understand that, by relying solely on a paycheck from a corporate employer, I would be a docile cow ready for milking.

People are so afraid of losing that they lose

While most people do retire on portfolio income

Although the horse ride was a short one, the memories that came back spanned a lifetime.

Most of us have heard the saying, "You are what you eat." I have a different slant. I say, "You become what you study." In other words, be careful what you learn

To become financially secure, a person needs to mind their own business. Your business revolves around your asset column, not your income column. As stated earlier, the number-one rule is to know the difference between an asset and a liability, and to buy assets. The rich focus on their asset columns, while everyone else focuses on their income statements.

He's been waiting for me to get fed up?

The reason the middle class is so heavily taxed is because of the Robin Hood ideal.

It's the middle class, especially the educated upper-income middle class, who pays for the poor.

There was perfect silence, except for the sounds of nature.

Your mom and dad lecture a lot. My dad is quiet and a man of few words.

So dream big daring dreams, and then underachieve a little bit each day. I recommend setting attainable daily goals that, when achieved, provide positive reinforcement to help you stay on the path to the big goal

the poor and middle class invest in mutual funds and the rich invest in hedge funds.

and abundance that surrounded not just Kim and me, but all of us.

Rich dad knew that failure would only make him stronger and smarter.

Intelligent people can be ignorant if they combine their smarts with arrogance. A truly intelligent person, on the other hand, welcomes new ideas.

and now I did not even have my Saturdays to look forward to.