“For there to be an expense, there must be income somewhere else.”
— Robert T. Kiyosaki
“As long as you have more cash flowing in than flowing out, your investment is a good investment.”
“I would not be well-known if I had just used my gift to make money for me. The moment I started to teach others – you teach people to fish – I think that’s why my book Rich Dad, Poor Dad became an international bestseller, and things like this.”
“The idea of working all your life, saving, and putting money into a retirement account is a very slow plan.”
“If you must work for money, find a way to work and be happy. That is financial intelligence.”
“Making mistakes isn’t enough to become great. You must also admit the mistake, and then learn how to turn that mistake into an advantage.”
“When success and incompetence meet, disaster is not far away.”
“The only people who think life should be easy are lazy people.”
“By giving kids an allowance, you teach that child to work for money rather than learn to create money.”
“Doing more and more with less and less is one form of being generous. In fact, the easiest way to become rich is by being generous.”
“People who lie to themselves about investing are the same as overweight people who blame their genes for their obesity.”
“If you want to get richer quicker, then solve bigger problems!”
“People, who live below their means, save for a rainy day – the price is a cheap life. There are a lot of people who have a lot of money; but at the end of the process, they are still cheap; so they have made money their God.”
“Just as we can learn from our mistakes, we can gain character from our disappointments.”
“No one achieves great things by following the crowd. Have a spine. Strike your own path.”
“You have a choice in life. Would you rather be lonely or miserable? I would rather be lonely. A lot of people are miserable in a marriage and they don’t get along with their wife or husband and it’s not worth it.”
“I can see being kind to people, but I don’t think giving them money solves the problem. I think it makes the problem worse and it prolongs the ultimate, inevitable end anyway.”
“Few people realize that luck is created.”
“It is easy to stay the same but it is not easy to change. Most people choose to stay the same all their lives.”
“One of the things I didn’t like about school is that every time they told a story about a rich guy in school, he was an evil guy. Our school system is programming us to think the rich are greedy and evil.”
“The key to life is to be happy with or without money. Money only magnifies who you really are.”
“Saying that financial literacy means diversification is just another example of the fox teaching the chickens.”
“If you are moving, even fire will not hurt you. If you are standing still near the fire, even though you are not in the fire, the heat will eventually get to you.”
“Once a person gains experience and a good reputation, it takes less and less money to create bigger and bigger investments.”
“Most people struggle financially because they take advice from sales people, not rich people.”
“Don’t do anything for the money you WILL make, but instead for the SKILLS you will learn.”
“If you do not like Real Estate, all you have to do is make hamburgers, build a business around that hamburger, and franchise it.”
“If you have faith in our leaders of commerce, don’t buy gold. If you do not have faith in them, maybe you should buy gold or silver.”
“By pursuing the things you love, all the other things in life will fall into order.”
“The boundaries of a person’s reality often do not change until that person forsakes what he or she feels confident in and then goes blindly with faith.”
“The economy is in tatters; your job is in trouble – if you still have a job. And you know what? I’ve been saying it for years.”
“The main cause of poverty is self-inflicted fear and ignorance.”
“I could be a school teacher and be rich. It has nothing to do with your money; it has to do with your knowledge. If I was a school teacher, I would be ten times richer because I have more time off! They get the summer off, holidays off, weekends off.”
“The more I risk being rejected, the better my chances are of being accepted.”
“Going into our fear and confronting our greed, our weaknesses, our neediness is the way out. And the way out is through the mind, by choosing our thoughts.”
“Congratulations on your job at the bank! Yes. You work for the bank. After taxes, your largest expense is your mortgage and credit-card debt.”
“In military school, on day one you must memorize the mission of the Merchant Marine Academy.”
“Money is kind of a base subject. Like water, food, air and housing, it affects everything yet for some reason the world of academics thinks it’s a subject below their social standing.”
“Someone who seeks low-risk investments never really feels investing is safe and someone who is always right eventually winds up wrong.”
“When it comes to money, the only skill most people know is to work hard.”
“You don’t achieve success by “taking it easy” or “working on it later.” You achieve it thru persistence and hard work.”
“Academic qualifications are important and so is financial education. They’re both important and schools are forgetting one of them.”
“In my opinion, the United States and many Western nations have a financial disaster coming, caused by our educational system’s failure to adequately provide a realistic financial education program for students.”
“The right decisions come from the right focus. You’ll succeed if your focus is on the mission, not the money.”
“Over the years I have found that many of the richest people in the world began their lives with the habit of tithing.”
“A game is like a mirror that allows you to look at yourself.”
“There are many people who have big plans but their big plans never come true. The reason is, too many people have big plans but fail to keep their small agreements.”
“The financial education taught in schools is funded and taught by the big banks and corporations. It’s like having the cat train the mice.”
“If you want to be successful on the right side, when it comes to money, you have got to know the difference between facts and opinions. You must know numbers. You must know the facts.”
“I’m not a Republican or a Democrat, but George Bush has just put us so greatly into debt; now Obama’s going to make it even worse. So, it’s basically highway robbery, and I think it’s a tragedy.”
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