Quotes About Assets

I don't understand why anybody old enough to know the score ever gets married, anyway. Why should love require a contract? Why put yourself into the clutches of the state and give it power over you? Why invite lawyers to fuck around with your assets? Marriage is for the immature and the insecure and the ignorant. We who see through such institutions should be content to live together without legal coercion

The poor and the middle class work for money. The rich have money work for them.

It's not how much money you make. It's how much money you keep.

Rich people acquire assets. The poor and the middle class acquire liabilities that they think are assets.

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

It's not about income, it's about assets that generate income.

Rich dad said that financial intelligence determined, not so much how much money you make, but how much money you keep, how hard that money works for you, and how many generations you can keep it.

Start minding your own business. Keep your daytime job, but start buying real assets, not liabilities.

Money is one form of power. But what is more powerful is financial education. Money comes and goes, but if you have the education about how money works, you gain power over it and can begin building wealth. The reason positive thinking alone does not work is because most people went to school and never learned how money works, so they spend their lives working for money.

Each dollar in my asset column was a great employee, working hard to make more employees and buy the boss a new Porsche.

One of the reasons the rich get richer is that they buy more investments by taking advantage of the tax laws. In essence, the money that would have been paid in taxes is used to buy additional assets, which provide another deduction against income, which reduces the taxes due, legally.

My income is higher because I use the leverage of assets rather than the leverage of my labor.

I don't like consumer debt. I actually have liabilities that are higher than 99 percent of the population, but I don't pay for them. Other people pay for my liabilities. They're called tenants.

My next goal would be to have the excess cash flow from my assets reinvested into the asset column. The more money that goes into my asset column, the more my asset column grows. The more my assets grow, the more my cash flow grows. And as long as I keep my expenses less than the cash flow from these assets, I grow richer with more and more income from sources other than my physical labor. As this

His profession is accounting, but his business is real estate.

Most of us have heard that the secrets to great riches and wealth are: • OPT — Other People's Time • OPM — Other People's Money

All of you were given two great gifts: your mind and your time. It is up to you to do what you please with both. With each dollar bill that enters your hand, you, and only you, have the power to determine your destiny. Spend it foolishly, and you choose to be poor. Spend it on liabilities, and you join the middle class. Invest it in your mind and learn how to acquire assets, and you will be choosing wealth as your goal and your future.

My best friend, Mike, had an asset column handed to him, but he still had to choose to learn to keep it. Many rich families lose their assets in the next generation simply because there was no one trained to be a good steward over their assets.

Loss of education. Too often, people count their house and savings and retirement plans as all they have in their asset column. Because they have no money to invest, they simply don't invest. This costs them investment experience. Most never become what the investment world calls "a sophisticated investor." And the best investments are usually first sold to sophisticated investors, who then turn around and sell them to the people playing it safe.

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.

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

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

assets put money in your pocket." Nice