Quotes About Wealth

Rich dad thought it best to go broke before 30. "You still have time to recover

How do you afford a good education for your children and provide for your own retirement? It requires using financial intelligence instead of hard work.

Shopping, asking questions, and analyzing deals is how I got my education.

When I ask the classes I teach, How many of you can cook a better hamburger than McDonald's? almost all the students raise their hands. I then ask, So if most of you cook a better hamburger, how come McDonald's makes more money than you? The answer is obvious: McDonald's is excellent at business systems. The reason so many talented people are poor is because they focus on building a better hamburger and know little to nothing about business systems.

assets put money in your pocket." Nice

If you want to be rich, you must build networks and link your network with other networks.

Take your time. There is more than one good deal.

1.?Businesses that do not require his presence: He owns them, but they are managed or run by other people. If he has to work there, it's not a business. It becomes his job. 2.?Stocks 3.?Bonds 4.?Income-generating real estate 5.?Notes (IOUs) 6.?Royalties from intellectual property such as music, scripts, and patents 7.?Anything else that has value, produces income or appreciates, and has a ready market

My rich dad just played the game smart, and he did it through corporations—the biggest secret of the rich.

because it is easy to be generous through networks.

Most people fail to realize that in life, it's not how much money you make. It's how much money you keep.

Only difference between rich people and poor people is what they do in their spare time.

Education is one way to be rich. Financial wealth is another way to be rich.

My rich dad did not see Robin Hood as a hero. He called Robin Hood a crook.

And in all my years, I have never met a rich person who has never lost money.

A person can be highly educated, professionally successful, and financially illiterate. These people often work harder than they need to because they learned how to work hard, but not how to have their money work hard for them.

After retiring, our plan was to spend time investing and building businesses.

Ask for help in understanding.

My rich dad, on the other hand, spent his life doing his best to keep his companies from becoming unionized.

They ask me, "Can you tell us how to make more money?" They don't understand that their trouble is really how they choose to spend the money they do have.

Financially intelligent people think in terms of risk and reward.

Kim and I own several thousand cash-flowing apartment properties, commercial properties, a luxury hotel, a boutique hotel, five golf courses, and oil wells. Every year we add more assets like those to our financial statement and pay less in taxes.

Rule number one in paying yourself first is: Don't get into consumer debt in the rst place.

financially intelligent people weigh the risks and they weigh the rewards.