Robert Kiyosaki Quotes

Rule One. You must know the difference between an asset and a liability, and buy assets. An asset is something that puts money in my pocket. A liability is something that takes money out of my pocket.

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.

The main reason people struggle financially is because they have spent years in school but learned nothing about money. The result is that people learn to work for money...but never learn to have money work for them.

Most people struggle financially because they take advice from sales people, not rich people.

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

We were not taught financial literacy in school. It takes a lot of work and time to change your thinking and to become financially literate.

I'm so not a financial person.

Financial freedom is available to those who learn about it and work for it.

You can get your money and you put it in the bank, or you can put it in the youth. You can put it in our future.

In 1997, in Rich Dad, Poor Dad, I stated, 'Your home is not an asset.' Real estate agents sent me hate mail.

Fundamentally, the solution to economic insecurity is economic prosperity - an achievable goal. But for anyone who has grown up without financial security, there's a shadow that lies over even those who move towards independence: lack of financial literacy.

When you first come in the NBA, you have a lot of conversations about saving your money, financially educating yourself, not just trusting whoever it is handling your money, not just having those meetings once a year, and not really putting the effort into learning the same way you learn your craft on the court.

Did you know that lack of information is the number one barrier to wealth?

Get your assets working for you so that your "ass" isn't working for someone else.

I teach kids how to be rich by the time they are age 40, 35 if they are extra bright. Most kids think they are extra bright, so they go for 35.

I must know every aspect of my personal finances. Managing your money will help you make your money work for you.

You have to make the shift from being a consumer in the economy to becoming an owner-and you do it by becoming an investor.

One of the reasons the rich get richer, the poor get poorer and the middle class struggles in debt is because the subject of money is taught at home, not at school.

It does not take money to make money.

When it comes to money, the only skill most people know is to work hard.

What you don’t know keeps you poor.

After losing everything, I went on a quest to find out how money really works, how I could get control of it, and how I could have confidence in handling it.

People with low financial literacy standards are often unable to take their ideas and create assets out of them.

Not teaching your kids about money is like not caring whether they eat. If they enter the world without financial knowledge, they will have a much harder go of it.

My son did not show signs of a money deficiency until he opened his small fist in the nursery and found it was empty.