Quotes from Robert T. Kiyosaki

Always remember that your future is determined by what you do today, not tomorrow.

he was about 20 years older than I was.

In the world of accounting, there are three different types of income: 1.?Ordinary earned 2.?Portfolio 3.?Passive

the income-tax rate of a corporation is less than the individual income-tax rates. In addition, certain expenses could be paid by a corporation with pre-tax dollars.

I have mentioned before that financial intelligence is a synergy of accounting, investing, marketing, and law. Combine those four technical skills and making money with money is easier than most people would believe.

When criticized for making 1,014 mistakes before creating the electric light bulb, Thomas Edison said, "I did not fail 1,014 times. I successfully found out what did not work 1,014 times." In other words, the reason so many people fail to achieve success is because they fail to fail enough times.

Ford goes: "Thinking is the hardest work there is. That is why so few people engage in it.

If they think money will solve problems, they will have a rough ride. Intelligence solves problems and produces money. Money without financial intelligence is money soon gone.

But the truth is that you let life push you into submission.

I realized that I would wind up like him if I hung around him much longer.

Many of the very rich became rich in their spare time. So, if you have a job because you have financial responsibilities, keep your job but make better use of your spare time.

Never make promises you don't plan to keep.

This flaw is especially pronounced in a bear market.

As Warren Buffett, America's richest investor says, "Risk comes from not knowing what you're doing." My

I would say that I just gave you a taste of life.

So what can poor parents tell their child about money? They simply say, "Stay in school and study hard.

The world is moving faster and faster. Stock market trades are made in milliseconds. Deals come and go on the Internet in a matter of minutes. More and more people are competing for good deals. So the faster you can make a decision the more likely you'll be able to seize opportunities—before someone else does.

MASTERING MONEY With the advent of derivatives and an increasingly complex economy, mastering money has become essential to surviving in the world economy. With low interest rates and an uncertain stock market, the old adages of saving and investing for the long term make no sense.

Promotions or a better job will only help you become more financially secure if the additional money is used to purchase income-generating assets.

The more people you're indebted to, the poorer you are

Buying or building assets that deliver cash flow is putting your money to work for you. High-paying jobs mean two things: you're working for money and the taxes you pay will probably increase. I've learned to put my money to work for me and enjoy the tax benefits of generating income that doesn't come from a paycheck.

Peace and tranquility became a part of everyday life, rather than the pressure of meetings and deadlines.

Every investor has an exit strategy before they enter the market.

Existe una gran diferencia entre ser pobre y estar en bancarrota. La bancarrota es temporal, la pobreza, eterna.