40+ Best Rich Dad Poor Dad Quotes by Robert T. Kiyosaki

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We have compiled a list of quotes from Rich Dad Poor Dad by Robert T. Kiyosaki for you to read.


Chapter One: Lesson 1: The Rich Don’t Work for Money

“With puzzled looks, most adults consented with a smile. Some asked us what we were doing, to which we replied, We can’t tell you. It’s a business secret. “

“Your dad, repeated my dad with a smile. Your dad and I have the same banker, and he raves about your father. He’s told me several times that your father is brilliant when it comes to making money. “

“I asked my dad if he would teach us to make money, and he said he would make us an offer. “

“By 9:00 a. m. that day, Mike and I were working for Mrs. Martin. She was a kind and patient woman. She always said that Mike and I reminded her of her two grown sons. “

“You don’t need that damned job anyway, said my poor dad with indignation. “

“Most just accept it, and some take a second job working harder, but again accepting a small paycheck. “

“Most people become a slave to money—and then get angry at their boss. “

“I didn’t tell my poor dad I wasn’t being paid. He wouldn’t have understood, and I didn’t want to try to explain something I didn’t understand myself. “

“The pattern of get up, go to work, pay bills; get up, go to work, pay bills. People’s lives are forever controlled by two emotions: fear and greed. Offer them more money and they continue the cycle by increasing their spending. This is what I call the Rat Race. “

“The fear that drove them to get rich got worse. “

“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. “

“Most people use fear and greed against themselves. That’s the start of ignorance. “

“It is ignorance about money that causes so much greed and fear, said rich dad. When you boys mastered your emotions by agreeing to work for free, I knew there was hope. “

“The Tar Baby is in control. That’s what I mean by choosing your thoughts. “

“The moment you see one opportunity, you’ll see them for the rest of your life. “

“We learned to make money work for us. By not getting paid for our work at the store, we were forced to use our imaginations to identify an opportunity to make money. “

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Introduction: Rich Dad Poor Dad

“Whenever I hear one of these questions, I’m reminded of the following story:A man was walking down the street and saw a man sitting on the curb with a sign that said, Will Work for Food. The man walked up to the man and asked him what he was doing. “

Chapter Two: Lesson 2: Why Teach Financial Literacy?

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

“Most people, in their drive to get rich, are trying to build an Empire State Building on a six-inch slab. “

“It is rule number one. It is the only rule. “

“assets put money in your pocket. “

“If you want to be rich and maintain your wealth, it’s important to be financially literate, in words as well as numbers. “

“A fool and his money is one big party. “

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

“The number-one expense for most people is taxes. Many people think it’s income tax, but for most Americans, their highest tax is Social Security. “

“The sword symbolizes the power of weapons. America has spent trillions of dollars on weapons and, because of this, is a powerful military presence in the world. “

“When I get a raise, I’ll buy us a bigger house. “

“Houses do not always go up in value. I have friends who owe a million dollars for a home that today would sell for far less. “

“Their primary income is through their salary. As their wages increase, so do their taxes. Their expenses tend to increase in proportion to their salary increase: hence, the phrase the Rat Race. They treat their home as their primary asset, instead of investing in income-producing assets. “

“Wealth is a person’s ability to survive so many number of days forward—or, if I stopped working today, how long could I survive. “

Chapter Three: Lesson 3: Mind Your Own Business

“What business am I in. Ray asked, once the group had all their beers in hand. Everyone laughed, my friend said. Most of the MBA students thought Ray was just fooling around. “

“You become what you study. “

“When downsizing became the in thing to do, millions of workers found out their largest so-called asset, their home, was eating them alive. Their asset was costing them money every month. “

“As a young boy, my educated dad encouraged me to find a safe job. But my rich dad encouraged me to begin acquiring assets that I loved. If you don’t love it, you won’t take care of it. “

“The best thing about money is that it works 24 hours a day and can work for generations. “

Chapter Four: Lesson 4: The History of Taxes and the Power of Corporations

“The reason the middle class is so heavily taxed is because of the Robin Hood ideal. The reality is that the rich are not taxed. “

“It was not easy to go to work for one of the biggest capitalists in town and come home to a father who was a prominent government leader. “

“The problem was that the government’s appetite for money was so great that taxes soon needed to be levied on the middle class, and from there it kept trickling down. “

“The problem is that the people who lose are the uninformed: the ones who get up every day and diligently go to work and pay taxes. “

“The poor and middle class don’t have the same resources. “

“If you’re ignorant, it’s easy to be bullied. If you know what you’re talking about, you have a fighting chance. “

“It was not until my mid-twenties that my rich dad’s advice began to make more sense to me. I was just out of the Marine Corps and working for Xerox. I was making a lot of money, but every time I looked at my paycheck, I was disappointed. “

“A corporation can do many things that an employee cannot, like pay expenses before paying taxes. “

“When someone sues a wealthy individual, they are often met with layers of legal protection and often find that the wealthy person actually owns nothing. They control everything, but own nothing. “

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Chapter Five: Lesson 5: The Rich Invent Money

“The one thing that holds all of us back is some degree of self-doubt. “

“So why bother developing your financial IQ. Because if you do, you will prosper greatly. And if you don’t, this period of time will be a frightening one. “

“Since 1984, I have made millions simply by doing what the school system does not do. In school, most teachers lecture. I hated lectures as a student. I was soon bored, and my mind would drift. “

“The players who get out of the Rat Race the quickest are the people who understand numbers and have creative financial minds. “

“Most people only know one solution: Work hard, save, and borrow. So why would you want to increase your financial intelligence. “

“What we agree it is, was all rich dad would say. “

“In the early 1990s, the economy of Phoenix, Arizona, was horrible. I was watching a TV show when a financial planner came on and began forecasting doom and gloom. His advice was to save money. Put $100 away every month, he said. “

“You can’t do that here. “

“If you use option number one, be sure to factor in how much time it takes you to save $190,000. “

“The market goes up and comes down. Economies improve and crash. The world is always handing you opportunities of a lifetime, every day of your life, but all too often we fail to see them. But they are there. “

“It was a cute little two-bedroom home, with gingerbread trim on all the windows. It was light blue with gray accents and had been built in 1930. “

“Most large brokerage houses will not touch speculative transactions in order to protect themselves and their clients. And that is a wise policy. “

“It is gambling if you’re just throwing money into a deal and praying. “

“Most people never get wealthy simply because they are not trained financially to recognize opportunities right in front of them. “

“The second type of investor is the more professional investor. Sometimes it may take years for all the pieces to come together. And sometimes they never do. It’s this second type of investor that my rich dad encouraged me to be. “

“What others miss with their eyes is that the house came with four extra empty lots. “

“If you can avoid that obstacle, you will be millions ahead of those who don’t learn those skills. “

Chapter Six: Lesson 6: Work to Learn—Don’t Work for Money

“It says best-selling author, not best-writing author, he said quietly. Her eyes widened. “

“They are one skill away from great wealth. “

“You want to know a little about a lot – Rich dad’s suggestion. “

“My formal education was complete, and it was time to test my wings. “

“Where is this daily activity taking you. Just like the little hamster, I wonder if people look at where their hard work is taking them. What does the future hold. “

“When I ask the classes I teach, How many of you can cook a better hamburger than McDonald’s. almost all the students raise their hands. “

“Since people will skip from company to company rather than seek greater specialization in skills, why not seek to learn more than to earn. “

“The most important specialized skills are sales and marketing. The ability to sell—to communicate to another human being, be it a customer, employee, boss, spouse, or child—is the base skill of personal success. “

“When I have some extra money, I’ll give it. The problem was that there was never any extra. So he worked harder to draw more money in, rather than focus on the most important law of money: ‘Give, and you shall receive. “

Chapter Seven: Overcoming Obstacles

“It’s okay to be fearful. It’s okay to be a coward when it comes to money. You can still be rich. “

“Most people dream of being rich, but are terrified of losing money. So they never get to heaven. “

“For top professional golfers, losing a ball or a tournament provides the inspiration to be better, to practice harder, to study more. That’s what makes them better. “

“Failure inspires winning; thus, they’re not afraid of losing. “

“If failure inspires you to win, maybe you should go for it—but only maybe. “

“Most of us know the story of Chicken Little who ran around warning the barnyard of impending doom. We all know people who are that way. There’s a Chicken Little inside each of us. “

“Cynics never win, said rich dad. Unchecked doubt and fear creates a cynic. “

“A great property manager often hears of great deals before real estate agents do, which makes them even more valuable. “

“Just do what Colonel Sanders did. He fried it. “

“Busy people are often the most lazy. “

“How can I afford it. opens up possibilities, excitement, and dreams. “

“Most people give into these bullies. They pay them and never pay themselves. “

“What I know makes me money. What I don’t know loses me money. Every time I have been arrogant, I have lost money. “

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Chapter Eight: Getting Started

“It takes determination to get through the wobbling. “

“When people ask me what my reason for wanting to be rich is, I tell them that it is a combination of deep emotional ‘wants’ and ‘don’t wants. “

“Most people simply buy investments rather than first investing in learning about investing. “

“I take a long view on my wealth. I do not subscribe to the get-rich-quick mentality most lottery players or casino gamblers have. I may go in and out of stocks, but I am long on education. “

“I learn from all of them. “

“If you watch business channels on TV, they often have a panel of so-called experts. One expert will say the market is going to crash, and the other will say it’s going to boom. If you’re smart, you listen to both. “

“It is the lack of self-discipline that causes most lottery winners to go broke soon after winning millions. “

“The reason I don’t have high credit-card debt, and doodad debt, is because I pay myself first. The reason I minimize my income is because I don’t want to pay it to the government. “

“When you come up short, let the pressure build and don’t dip into your savings or investments. “

“The Indians also got upset when they realized the settlers did not want to give it back. That is where the term Indian giver came from, a simple cultural misunderstanding. “

“On every one of my investments, there must be an upside, something for free—like a condominium, a mini-storage, a piece of free land, a house, stock shares, or an office building. And there must be limited risk, or a low-risk idea. “

“If we give 100 people $10,000 at the start of the year, I believe that at the end of the year:•80 would have nothing left. In fact, many would have created greater debt by making a down payment on a new car, refrigerator, electronics, or a holiday. “

“It is my opinion that it’s just as important to learn how to have money work for you. It’s the keep-up-with-the-Joneses trap. When I wanted to buy a Porsche, the easy road would have been to call my banker and get a loan. “

“When I was a kid, I greatly admired Willie Mays, Hank Aaron, and Yogi Berra. They were my heroes, and I wanted to be just like them. “

“Whenever you feel short or in need of something, give what you want first and it will come back in buckets. “

Chapter Nine: Still Want More? Here Are Some To Do’s

“Stop doing what you’re doing. In other words, take a break and assess what is working and what is not working. “

“It’s fun and only a game. Make offers. “

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