Wednesday, April 19, 2023

Rich dad poor dad quotes

Rich dad poor dad quotes 


 Robert Kiyosaki Rich Dad Poor Dad Highlights

"Rich Dad Poor Dad" is a personal finance book written by Robert Kiyosaki, which was first published in 1997. It is based on Kiyosaki's experiences growing up with two fathers - his biological father, who was highly educated but struggled financially, and his friend's father (whom he refers to as his "rich dad"), who was a successful entrepreneur.

The book Rich dad poor dad highlights the differences in mindset, values, and financial strategies between the two fathers, and provides insights on how readers can adopt the mindset and strategies of the "rich dad" to achieve financial success.

"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."

Some of the key concepts discussed in the book include the importance of financial education, the differences between assets and liabilities, the concept of cash flow, the power of passive income, and the need to take calculated risks to create wealth. 

 Best quotes and sayings from the book "Rich Dad Poor Dad" by Robert Kiyosaki:

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"The poor and the middle class work for money. The rich have money work for them."

"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."

"Money is not the goal. Money has no value. The value comes from the dreams money helps achieve."

"The primary difference between a rich person and a poor person is how they manage fear."

"The fear of losing money is real. Everyone has it. The difference between a rich person and a poor person is that the rich person does not let fear control them."

"Intelligence solves problems and produces money. Money without financial intelligence is money soon gone."

"The most important thing about money is that it gives you choices."

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

"The moment you make passive income and portfolio income a part of your life, your life will change. Those who have not yet created wealth will look at you differently. They too will soon want to know how to create passive and portfolio income."
"The love of money is the root of all evil."

The lack of money is the root of all evil."

"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."

"Don't let the fear of losing be greater than the excitement of winning."

"The more a person seeks security, the more that person gives up control over his life."

"In school, we learn that mistakes are bad, and we are punished for making them. Yet, if you look at the way humans are designed to learn, we learn by making mistakes. We learn to walk by falling down. If we never fell down, we would never walk."

"Money is really just an idea."

"The rich focus on their asset columns while everyone else focuses on their income statements."

"Money is not the most important thing in life, but it ranks up there with oxygen." - Rich Dad Poor Dad emphasizes the importance of financial literacy and taking control of your finances to achieve financial freedom.

"The single most powerful asset we all have is our mind. If it is trained well, it can create enormous wealth." - This quote highlights the importance of investing in yourself, your education, and your mindset to achieve financial success.

Conclusion 

"The poor and the middle class work for money. The rich have money work for them." - Rich Dad Poor Dad stresses the importance of building passive income streams, such as investments and rental properties, to achieve financial freedom.

"Financial freedom is available to those who learn about it and work for it." - This quote emphasizes the importance of taking control of your financial future and actively seeking out opportunities to build wealth.

"Don't let the fear of losing be greater than the excitement of winning." - This quote highlights the importance of taking calculated risks and not being afraid to make mistakes in pursuit of financial success.