My rich dad taught me to focus on passive income and spend my time acquiring the assets that provide passive or long term residual income...passive income from capital gains, dividends, residual income from business, rental income from real estate, and royalties.
Robert KiyosakiPeople, 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.
Robert KiyosakiIn my opinion, the United States and many Western nations have a financial disaster coming, caused by our educational systemโs failure to adequately provide a realistic financial education program for students.
Robert KiyosakiBefore you can transform your wallet from poor to rich, you've got to transform your spirit from poor to rich.
Robert KiyosakiYour mindset matters. If you don't have the mindset of a wealthy person ("How can I afford it?") versus a poor person ("I can't afford it."), you will never achieve wealth.
Robert KiyosakiThere are no bad business and investment opportunities, but there are bad entrepreneurs and investors. To be a successful business owner and investor, you have to be emotionally neutral to winning and losing. Winning and losing are just part of the game. The size of your success is measured by the strength of your desire, the size of your dream and how you handle disappointment along the way.
Robert Kiyosaki