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Rich Dad Poor Dad by Robert Kiyosaki Book Quotes

“One dad would say, ‘The love of money is the root of all evil.’ The other said, ‘The lack of money is the root of all evil.’”

“As a process, choosing for myself turned out to be much more valuable in the long run than simply accepting or rejecting a single point of view.”

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

“One dad had a habit of saying, ‘I can’t afford it.’ The other dad forbade those words to be used. He insisted I ask, ‘How can I afford it?’”

“Proper physical exercise increases your chances for health, and proper mental exercise increases your chances for wealth.”

One dad recommended, “Study hard so you can find a good company to work for.” The other recommended, “Study hard so you can find a good company to buy.”

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One said, “When it comes to money, play it safe. Don’t take risks.” The other said, “Learn to manage risk.”

“One believed, “Our home is our largest investment and our greatest asset.” The other believed, “My house is a liability, and if your house is your largest investment, you’re in trouble.”

“One dad taught me how to write an impressive resumé so I could find a good job. The other taught me how to write strong business and financial plans so I could create jobs.”

“Choosing not to listen to my highly educated dad’s advice and attitude about money was a painful decision, but it was a decision that shaped the rest of my life.”

“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.”

“People go to school and never learned how money works, so they spend their lives working for money.”

“Opportunities come and go. Being able to know when to make quick decisions is an important skill.”

“Most of the time, life does not talk to you. It just sort of pushes you around. Each push is life saying, ‘Wake up. There’s something I want you to learn.”

“If you learn life’s lessons, you will do well. If not, life will just continue to push you around.”

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“Life pushes all of us around. Some people give up and others fight. A few learn the lesson and move on. They welcome life pushing them around. To these few people, it means they need and want to learn something. They learn and move on. Most quit, and a few like you fight.”

“Most will spend the best years of their lives working for money, not really understanding what it is they are working for.”

“When it comes to money, most people want to play it safe and feel secure. So passion does not direct them. Fear does.”

“It’s fear that keeps most people working at a job: the fear of not paying their bills, the fear of being fired, the fear of not having enough money, and the fear of starting over. That’s the price of studying to learn a profession or trade, and then working for money. Most people become a slave to money—and then get angry at their boss.”

“You’re taxed when you earn. You’re taxed when you spend. You’re taxed when you save. You’re taxed when you die.”

“They think that more money will solve the problem and don’t realize that it’s their lack of financial education that is the problem.”

“Their vision is too narrow. Most people never see the trap they are in.”

“Every person has a weak and needy part of their soul that can be bought, and he knew that every individual also had a part of their soul that was resilient and could never be bought.”

“People’s lives are forever controlled by two emotions: FEAR and GREED.”

“Money Trap Pattern: Get up, go to work, pay bills. (Cycle goes on) earn more money, and the spending just increases.”

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“The main cause of poverty or financial struggle is fear and ignorance, not the economy or the government or the rich.”

“Fear pushes you out the door, and desire calls to you. That’s the trap.”

“Once a person stops searching for information and self-knowledge, ignorance sets in.”

“School is important. You go to school to learn a skill or profession to become a contributing member of society. Every culture needs teachers, doctors, mechanics, artists, cooks, businesspeople, police officers, firefighters, and soldiers. Schools train them so society can thrive and flourish,” said rich dad. “Unfortunately, for many people school is the end, not the beginning.”

“To spend your life living in fear, never exploring your dreams, is cruel. To work hard for money, thinking that it will buy you things that will make you happy is also cruel. To wake up in the middle of the night terrified about paying bills is a horrible way to live. To live a life dictated by the size of a paycheck is not really living a life. Thinking that a job makes you secure is lying to yourself.”

“It is ignorance about money that causes so much greed and fear.”

“History proves that great civilizations collapse when the gap between the haves and have-nots is too great. We haven’t learned from history. We only memorize historical dates and names, not the lesson.”

“Learn to use your emotions to think, not think with your emotions”

“Confronting fear, weaknesses, and neediness by choosing our own thoughts is the way out.”

“Instead of just getting up and going to work because not having the money to pay your bills is scaring you, ask yourself, ‘Is working harder at this the best solution to this problem?’ Most people are too afraid to rationally think things through and instead run out the door to a job they hate. The Tar Baby (bills at the end of the month) is in control.”

“A job is only a short-term solution to a long-term problem.”

“Money controls their lives, or should I say the fear and ignorance about money controls it”

“The rich know that money is an illusion, truly like the carrot for the donkey.”

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“The avoidance of money is just as psychotic as being attached to money.”

“Money is not the answer to everything. There are rich people who are more fearful of becoming poor. Of losing it all.”

“Emotions are what make us human. 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.”

“Just be an observer, not a reactor, to your emotions. Most people do not know that it’s their emotions that are doing the thinking. Your emotions are your emotions, but you have got to learn to do your own thinking.”

“If the fear of not having enough money arises, instead of immediately running out to get a job, they instead might ask themselves this question: ‘Will a job be the best solution to this fear over the long run?’ In my opinion, the answer is no. A job is really a short-term solution to a long-term problem.”

“I want to teach you to master the power of money, instead of being afraid of it. They don’t teach that in school and, if you don’t learn it, you become a slave to money.”

“Too many people are too focused on money and not on their greatest wealth, their education.”

“If people are prepared to be flexible, keep an open mind and learn, they will grow richer and richer despite tough changes.”

“If you think money will solve problems, you will have a rough ride. Intelligence solves problems and produces money. Money without financial intelligence is money soon gone.”

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

“If you want to be rich, you need to be financially literate.”

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“If you are going to build the Empire State Building, the first thing you need to do is dig a deep hole and pour a strong foundation. If you are going to build a home in the suburbs, all you need to do is pour a six-inch slab of concrete. Most people, in their drive to get rich, are trying to build an Empire State Building on a six-inch slab.”

“Accounting is possibly the most confusing, boring subject in the world, but if you want to be rich long-term, it could be the most important subject.”

“An asset puts money in my pocket. A liability takes money out of my pocket.”

“Illiteracy, both in words and numbers, is the foundation of financial struggle. If people are having difficulties financially, there is something that they don’t understand, either in words or numbers.”

“In financial reporting, reading numbers is looking for the plot, the story of where the cash is flowing.”

“It is the cash flow that tells the story of how a person handles their money.”

“Money only accentuates the cash-flow pattern running in your head. If your pattern is to spend everything you get, most likely an increase in cash will just result in an increase in spending. Thus, the saying, “A fool and his money is one big party.”

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“What is missing from their education is not how to make money, but how to manage money. It’s called financial aptitude—what you do with the money once you make it, how to keep people from taking it from you, how to keep it longer, and how to make that money work hard for you.”

“Most people don’t understand why they struggle financially because they don’t understand cash flow. 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.”

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