50+ Inspiring Quotes From Rich Dad Poor Dad by Robert Kiyosaki
Buy Rich Dad Poor Dad
Rich Dad Poor Dad is a book on personal finance written by Robert T. Kiyosaki that challenges the traditional way of viewing money and investing. The author uses a contrast between his father's unwise approach ("Poor Dad") and that of his friend's dad ("Rich Dad") to inform us about the psychology between the rich and the middle class.
This book focuses on financial education, investment in assets, and passive income-building. Kiyosaki's writing is conversational, making it easy to try to find one's way even through the most complex financial matters. It is an ideal source of reading material for novices who desire to read more about financial literacy.
All in all, Rich Dad Poor Dad challenges the reader to make a rethink of the standards of wealth-building as well as financial freedom. It definitely is a valuable read for anyone who's interested in taking control of his or her future finances.
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1. A person can be highly educated, professionally successful, and financially illiterate.
2. Money comes and goes, but if you have the education about how money works, you gain power over it and can begin building wealth.
3. The primary difference between a rich person and a poor person is how they manage fear.
4. Failure inspires winners. Failure defeats losers.
5. Cash flow tells the story of how a person handles money.
6. Financial struggle is often the result of people working all their lives for someone else.
7. An important distinction is that rich people buy luxuries last, while the poor and middle class tend to buy luxuries first.
8. The philosophy of the rich and the poor is this: the rich invest their money and spend what is left. The poor spend their money and invest what is left.
9. In today’s fast-changing world, it’s not so much what you know anymore that counts, because often what you know is old. It is how fast you learn. That skill is priceless.
10. It is not gambling if you know what you’re doing. It is gambling if you’re just throwing money into a deal and praying.
11. Sight is what you see with your eyes, vision is what you see with your mind.
12. Keep expenses low, reduce liabilities, and diligently build a base of solid assets.
13. Most people never get wealthy simply because they are not trained financially to recognize opportunities right in front of them.
14. People’s lives are forever controlled by two emotions: fear and greed.
15. To be a successful business owner and investor, you have to be emotionally neutral to winning and losing.
16. Emotions are what make us human. Make us real. The word ’emotion’ stands for energy in motion. Be truthful about your emotions, and use your mind and emotions in your favor, not against yourself.
17. The single most powerful asset we all have is our mind. If it is trained well, it can create enormous wealth in what seems to be an instant.
18. If you realize that you’re the problem, then you can change yourself, learn something and grow wiser. Don’t blame other people for your problems.
19. I am concerned that too many people are focused too much on money and not on their greatest wealth, which is their education.
20. Money without financial intelligence is money soon gone.
21. Most people fail to realize that in life, it’s not how much money you make, it’s how much money you keep.
22. If fear is too strong, the genius is suppressed.
23. When you come to the boundaries of what you know, it is time to make some mistakes.
24. The richest people in the world build networks; everyone else is trained to look for work.
25. If you work for money, you give the power to your employer. If money works for you, you keep the power and control it.
26. Skills make you rich, not theories.
27. The more a person seeks security, the more that person gives up control over his life.
28. One of the most important things a real investor needs to say is this; “I want my money back and I also want to keep my investments.
29. If you’re still doing what mommy and daddy said for you to do (go to school, get a job, and save money), you’re losing.
30. Rich people acquire assets. The poor and middle class acquire liabilities that they think are assets.
31. There is always a risk, so learn to manage risk instead of avoiding it.
32. Find the game where you can win, and then commit your life to play it, and play to win.
33. In the real world, the smartest people are people who make mistakes and learn. In school, the smartest people don’t make mistakes.
34. Winners are not afraid of losing. But losers are. Failure is part of the process of success. People who avoid failure also avoid success.
35. You’re only poor if you give up. The most important thing is that you did something. Most people only talk and dream of getting rich. You’ve done something.
36. Leadership is what you need to learn next.
37. The poor and the middle-class work for money. The rich have money work for them.
38. An intelligent person hires people who are more intelligent than he is.
39. They get up every day and go work for money, not taking the time to ask the question, ‘Is there another way?
40. An asset is something that puts money in my pocket. A liability is something that takes money out of my pocket.
41. Sometimes you win and sometimes you learn. But have fun. Most people never win because they’re more afraid of losing.
42. Being able to know when to make quick decisions is an important skill.
43. Busy people are often the laziest.
44. The key to financial freedom and great wealth is a person’s ability to convert earned income into passive and/or portfolio income.
45. We learn to walk by falling down. If we never fell down, we would never walk.
46. People who lack internal fortitude often become victims of those who have self-discipline.
47. A job is only a short-term solution to a long-term problem.
48. It’s what is in your head that determines what is in your hands.
49. Proper physical exercise increases your chances for health, and proper mental exercise increases your chances for wealth.
50. Financial struggle is often directly the result of people working all their lives for someone else.
51. Mind your business. Don’t spend your whole life working for someone else.
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Books Name
Buy
Sapiens: A Brief History of Humankind" by Yuval Noah Harari
"Educated" by Tara Westover
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"The Immortal Life of Henrietta Lacks" by Rebecca Skloot
"The Power of Habit: Why We Do What We Do in Life and Business" by Charles Duhigg
"Outliers: The Story of Success" by Malcolm Gladwell
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"Quiet: The Power of Introverts in a World That Can’t Stop Talking" by Susan Cain
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