Rule 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.

The rich buy assets. The poor only have expenses. The middle class buys liabilities they think are assets. The poor and the middle class work for money. The rich have money work for them.

When it comes to money, the only skill most people know is to work hard.

If you work for money, you give the power to your employer. If your money works for you, you keep and control the power.

With any method of attaining great wealth, there is a price, and price is not always measured in money

Starting a business is like jumping out of an airplane without a parachute. In mid air, the entrepreneur begins building a parachute and hopes it opens before hitting the ground.

It is not how much you make that counts, but how much money you keep.