In school, you are given the lesson first. On the street, you're given the mistake first and then it's up to you to find the lesson, if you ever find it.
Robert KiyosakiRule 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.
Robert KiyosakiDon't cut up your credit cards, the problem is not the cards, it's the lack of financial literacy of the person holding the cards and always make the best out of a bad situation
Robert KiyosakiWhen I started my last business, I didn't receive a paycheck for 13 months. The average person can't handle that pressure.
Robert Kiyosaki