The poor and middle class work for money. The rich have money work for them.
– Robert Kiyosaki
If you want to go somewhere, it is best to find someone who has already been there.
– Robert Kiyosaki
Your future is created by what you do today, not tomorrow.
– Robert Kiyosaki
A lot of people are afraid to tell the truth, to say no. That’s where toughness comes into
play. Toughness is not being a bully. It’s having backbone.
– Robert Kiyosaki
When people are lame, they love to blame.
– Robert Kiyosaki
I have a problem with too much money. I can’t reinvest it fast enough, and because I
reinvest it, more money comes in. Yes, the rich do get richer.
– Robert Kiyosaki
The most life-destroying word of all is the word tomorrow.
– Robert Kiyosaki
Success is a poor teacher.
– Robert Kiyosaki
The only difference between a rich person and poor person is how they use their time.
– Robert Kiyosaki
Face your fears and doubts, and new worlds will open to you.
– Robert Kiyosaki
In today’s rapidly changing world, the people who are not taking risks are the risk takers.
– Robert Kiyosaki
If you want to be rich, simply serve more people.
– Robert Kiyosaki
Intelligence solves problems and produces money. Money without financial intelligence is
money soon gone.
– Robert Kiyosaki
There are fast ideas and slow ideas, just as there are fast trains and slow trains. When it
comes to money, most people are on the slow train looking out the window watching the
fast train pass them by. If you want to become rich quickly, your plan must include fast
ideas.
– Robert Kiyosaki
One of the most stupid things to do is to pretend you are smart. When you pretend to be
smart, you are at the height of stupidity.
– Robert Kiyosaki
Find the game where you can win, and then commit your life to playing it; and play to win.
– Robert Kiyosaki
The richest people in the world build networks; everyone else is trained to look for work.
– Robert Kiyosaki
Always remember that it’s not money that will make you rich, it’s business skills.
– Robert Kiyosaki
Inside each of us is a David and a Goliath.
– Robert Kiyosaki
Too many people are too lazy to think. Instead of learning something new, they think the
same thought day in day out.
– Robert Kiyosaki
All I work hard to do is build businesses, develop real estate, invest in stocks and bonds, and
I have oil and gas, gold and silver. That’s what I work on.
– Robert Kiyosaki
My poor dad always said, “My house is an asset and it’s our largest investment.” My rich dad
said, “Your house is not an asset, it’s a liability. And if it’s your largest investment you’re in
trouble.”
– Robert Kiyosaki
One of the reasons the rich get richer, the poor get poorer and the middle class struggles in
debt is because the subject of money is taught at home, not at school.
– Robert Kiyosaki
Education is cheap; experience is expensive.
– Robert Kiyosaki
Ironically, the world is looking to the Federal Reserve and the U.S. Treasury to solve our
money problems, even though those institutions are causing the problems.
– Robert Kiyosaki
Cutting advertising kills a business. Rather, in hard times, businesses should increase their
advertising and try to capture larger market share. As the saying goes, sales solve all
problems – and you can’t have sales without advertising.
– Robert Kiyosaki
In the real world, the smartest people are people who make mistakes and learn. In school, the
smartest people don’t make mistakes.
– Robert Kiyosaki
In the world of money there are buyers and sellers. In the world of money the rich are sellers
and the poor and middle class are buyers.
– Robert Kiyosaki
One of the greatest sins of our current educational system is that it does not teach you
about money. Rather, it teaches you how to be a good employee and to know your station in
life.
– Robert Kiyosaki
There are four basic investment categories. They are:
1. Businesses.
2. Income-producing investment real estate.
3. Paper assets – stocks, bonds, savings, annuities, insurance, and mutual funds.
4. Commodities – gold, silver, oil, platinum, etc.
– Robert Kiyosaki
Inflation is often called “the invisible tax,” which is hardest on the poor, elderly, savers,
low-income workers, and fixed-income retirees.
– Robert Kiyosaki
If you can’t sell “tickets” (derivatives of you), you have to sell your labor. I sell millions of
“tickets” in the form of books, games, and special events, which are derivatives of me. My
ability to sell “tickets” is one reason why I prosper even during this financial crisis.
– Robert Kiyosaki, 2009
In my opinion, building a business and taking it public, which means selling shares on a stock
exchange, is the ultimate goal of an entrepreneur.
– Robert Kiyosaki
The moment you make passive income and portfolio income a part of your life, your life
will change. Those words will become flesh.
– Robert Kiyosaki
People who avoid failure also avoid success.
– Robert Kiyosaki
The poor, the unsuccessful, the unhappy, the unhealthy are the ones who use the word
tomorrow the most.
– Robert Kiyosaki
As I said, I wish I could say it was easy. It wasn’t, but it wasn’t hard either. But without a
strong reason or purpose, anything in life is hard.
– Robert Kiyosaki
Financial leverage is the advantage the rich have over the poor and middle class.
– Robert Kiyosaki
It’s not what you say out of your mouth that determines your life, it’s what you whisper to
yourself that has the most power.
– Robert Kiyosaki
When you come to the boundaries of what you know, it is time to make some mistakes.
– Robert Kiyosaki
Thinking is hard work. When you are forced to think, you expand your mental capacity. When
you expand your mental capacity, your wealth increases.
– Robert Kiyosaki
It does not take money to make money.
– Robert Kiyosaki
I’d rather welcome change than cling to the past.
– Robert Kiyosaki
The problem with having a job is that it gets in the way of getting rich.
– Robert Kiyosaki
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
Start small and dream big.
– Robert Kiyosaki
In the world of money, business and investing, we have too many preachers.
– Robert Kiyosaki
If you are moving, even fire will not hurt you. If you are standing still near the fire, even
though you are not in the fire, the heat will eventually get to you.
– Robert Kiyosaki
Business is like a wheel barrow. Nothing happens until you start pushing.
– Robert Kiyosaki
If you read Conspiracy of the Rich, in 1903 John D. Rockefeller took over the financial
education system by creating the General Education Board and since then the rich have
controlled what is taught in schools.
– Robert Kiyosaki
The richest people in the world build networks; everyone else is trained to look for work.
– Robert Kiyosaki
If you want to be rich, you need to develop your vision. You must be standing on the edge of
time gazing into the future.
– Robert Kiyosaki
Always start at the end before you begin. Professional investors always have an exit strategy
before they invest. Knowing your exit strategy is an important investment fundamental.
– Robert Kiyosaki
Another financial IQ is this: How do you protect your money? The biggest predator in the
world is the U.S. government. They will take your money… Now, I am not not against paying
taxes. I just don’t wanna let them go without a fight somewhere along the line.
– Robert Kiyosaki
The hardest part of change is going through the unknown.
– Robert Kiyosaki
Never say you cannot afford something. That is a poor man’s attitude. Ask how to afford it.
– Robert Kiyosaki
The rich buy assets. The poor only have expenses. The middle class buys liabilities they think
are assets.
– Robert Kiyosaki
Once again, the 90/10 rule of money applies – 10% of the borrowers in the world use debt to
get richer – 90% use debt to get poorer.
– Robert Kiyosaki
While a student sitting in Dr. Buckminster Fuller’s class in 1981, I was disturbed to hear him
say, “The primary purpose for government is to be a vehicle for the rich to get their hands
into our pockets.”
– Robert Kiyosaki
All you have to do is invest in an S&P Index Fund and you will beat over 70 percent of all
mutual fund managers – all with less money and higher returns.
– Robert Kiyosaki
Most people blindly accept the idea of going to school to get a good job and never know
know why employees pay higher tax rates than the entrepreneur who owns the business.
– Robert Kiyosaki
Rather than diversify, wise investors focus and specialize. They get to know the investment
category they invest in and how the business works better than anyone else.
– Robert Kiyosaki
A bailout is used when the rich want the taxpayers to pay for their mistakes or their fraud.
My research has found that a bailout is an integral part of the conspiracy of the rich.
– Robert Kiyosaki
To simply say to a child, “Get a job, save money, buy a house, and invest for the long term
in a well-diversified portfolio of stocks, bonds, and mutual funds” is a script right out of the
central banker’s operating manual. It is a success myth propagated by the super-rich.
– Robert Kiyosaki
You have to learn the rules of the game. And then you have to play better than anyone else.
– Robert Kiyosaki
Today, many people are finally learning that job security does not ensure long-term financial
security.
– Robert Kiyosaki
Mutual funds are simply an unintelligent investment designed for the financially unintelligent.
– Robert Kiyosaki
A plan is a bridge to your dreams. Your job is to make the plan or bridge real, so that your
dreams will become real. If all you do is stand on the side of the bank and dream of the
other side, your dreams will forever be just dreams. First make your plans real and then your
dreams will come true.
– Robert Kiyosaki
Leverage is the reason some people become rich and others do not become rich.
– Robert Kiyosaki
When employees unite, they form a union but when business owners unite, they form a team.
– Robert Kiyosaki
Investing in mutual funds is investing at the end of the food chain.
– Robert Kiyosaki
Skills make you rich, not theories.
– Robert Kiyosaki
Losers quit when they fail. Winners fail until they succeed.
– Robert Kiyosaki
If you are moving, even fire will not hurt you. If you are standing still near the fire, even
though you are not in the fire, the heat will eventually get to you.
– Robert Kiyosaki
One of the great things about being willing to try new things and make mistakes is that
making mistakes keeps you humble. People who are humble learn more than people who are
arrogant.
– Robert Kiyosaki
Excuses cost a dime and that’s why the poor could afford a lot of it.
– Robert Kiyosaki
You’re only poor if you give up. The most important thing is that you did something. Most
people only talk and dream of getting rich. You’ve done something.
– Robert Kiyosaki
If you own a butcher shop, don’t hire vegetarians. To hire the right people, you have to let
the wrong people go.
– Robert Kiyosaki
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.
– Robert Kiyosaki
There are no mistakes in life, just learning opportunities.
– Robert Kiyosaki
Most people spend their lives building financial houses of straws, which are susceptible to
wind, fire, rain and big bad wolves.
– Robert Kiyosaki
Be careful when you take on debt. If you take on debt personally, make sure it is small. If
you take on large debt, make sure someone else is paying for it.
– Robert Kiyosaki
Talk is cheap. Learn to listen with your eyes. Actions do speak louder than words. Watch
what a person does more than what he says.
– Robert Kiyosaki
A mistake is a signal that it is time to learn something new, something you didn’t know before.
– Robert Kiyosaki
There are those who make things happen, there are those who watch things happen and
there are those who say “what happened?”
– Robert Kiyosaki
If you’re afraid of inflation, which you should be, I think silver is the number 1 investment
today. Silver is a smoking deal! And silver, at about $15, $16, $20 an ounce, average Joe can
do it, you know. You just cut out your Starbucks for a while and go buy some silver and
you’re in the game.
– Robert Kiyosaki
When going into business don’t just find great partners, be a great partner.
– Robert Kiyosaki
Be sure to have friends who demand more of you rather than tell you why you cannot do
what you want to do.
– Robert Kiyosaki
The year 2013 will mark the hundredth anniversary of the Federal Reserve System. For nearly
one hundred years the Fed has pulled off the biggest cash heist in the world. This cash heist
is a bank robbery where the robbers do not wear masks, but rather business suits with
American flag pins in the jacket lapels. It is a robbery where the rich take from the poor via
our banks and our government.
– Robert Kiyosaki
If you’re the kind of person who has no guts, you just give up every time life pushes you. If
you’re that kind of person, you’ll live all your life playing it safe, doing the right things, saving
yourself for something that never happens. Then, you die a boring old man.
– Robert Kiyosaki
“Cut up your credit cards and live below your means.” This is financial advice for the 90
percent who need to control outgoing cash flow to the 10 percent – the 10 percent who
know how to have cash flowing in even when they aren’t working.
– Robert Kiyosaki
Big government taking over our banks and solving our financial problems through government
programs such as Social Security and Medicare is a form of socialism.
– Robert Kiyosaki
Many people are financially struggling today because they are simply too slow – they cannot
make money faster than the banks are printing it.
– Robert Kiyosaki
In the 1980s, government bailouts were in the millions. By the 1990s they were in the billions.
And today, they are in the trillions.
– Robert Kiyosaki
Many people are waiting for the political and financial systems of the world to change. To me,
that is a waste of time. In my opinion, it is easier to change myself rather than to wait for
our leaders and systems to change.
– Robert Kiyosaki
Question: What advice do you have for the average person?
Answer: Don’t be average.
– Robert Kiyosaki
We go to school to learn to work hard for money. I write books and create products that
teach people how to have money work hard for them.
– Robert Kiyosaki
Today, many peole are perishing financially because they follow the old rules such as save
money and get out of debt. Or they believe investing is risky, when it is the lack of financial
education, experience, and bad financial advisors that is much more risky.
– Robert Kiyosaki
Inflation makes the rich richer, but it makes the cost of living more expensive for the poor
and the middle class. This is because those who print money receive the most benefit. They
can purchase the goods and services they desire with the new money before it dilutes the
exisiting money pool. They reap all the benefits and none of the consequences.
– Robert Kiyosaki
Prior to 1971 (in 1971 President Nixon ended the gold standard), the old rules were: Go to
school. Get a safe, secure job. The second was: Work hard to earn more money. Three: Save
money. Four: Buy a house. Five: Get out of debt. Six: Invest for the longterm. In most
people’s cases, they invest in mutual funds. And seven: Diversify.
– Robert Kiyosaki
A new rule is, after 1971 and 1974, we all need more financial education and invest our
greatest asset, our minds, or increase our financial IQ.
– Robert Kiyosaki
The most important thing you can tell your friends is, “Get off your butt and start your own
business. Even if it’s at home. Even if it’s on your dining room table.” Kim and I, my wife,
started Rich Dad Poor Dad on our kitchen table.
– Robert Kiyosaki
The people that run the country are Goldman Sachs. And the guys that run Goldman Sachs…
is run by the international banking cartels of the world.
– Robert Kiyosaki
So, the third new rule of money, I think the big mistake is: I hear so many people say it’s
important to save. That’s ridiculous! And the reason that’s ridiculous is because what
happened in 1971 is crucial. In 1971 the US dollar stopped being money. In 1971 the US dollar
became a currency. And what that meant is, Richard Nixon, in 1971 the President, took us off
the gold standard… It’s like giving somebody who can’t control their spending unlimited credit
cards… So what’s happening is, all the savers today are losers. You know, the problem with
1971 is that the federal government keeps printing money so the value of your money keeps
going down… So today I am not saving money – I am hedging. In 1997 I started investing in
oil, gold and silver. So as the dollar dropped, oil, gold and silver went up. So, I am not betting
so much on oil, gold and silver; I am betting against the US dollar. And that’s why this idea
that you’re gonna tell people, “You need to save money” – that’s really, really an obsolete
idea.
– Robert Kiyosaki
First of all, The US Federal Reserve Bank is not US. It is made up of a bunch of international,
rich guys from all over the world. The second thing, it is not federal. It’s not a US entity…
Third, it has no reserves. There is nothing there. And fourth, it’s not a bank. So that’s why
when I talk to people who need to really understand the new rules of money, which really
began to take effect in 1971 when we were allowed to print money for the rest of the world,
is understanding that this here is causing the rich to get richer and the poor and the middle
class to get poor, but more importantly, the lower middle class is almost getting wiped out…
And the reason the troubles have started, again, is the US Federal Reserve Bank is not US,
it’s not federal, there’s no reserve and it’s not a bank. So if you understand that, then you
can start to hedge your position rather than save money.
– Robert Kiyosaki
The problem is – money is not taught in school. And so what we do is follow in our parent’s
footsteps when we do different jobs. We often follow in the same financial patterns.
– Robert Kiyosaki
This is one of the biggest middle-class traps: “My banker says my house is an asset.”
– Robert Kiyosaki
You take a look at this 40-year-run on the dollar – the dollar is designed economically to lose
money every single year. So why would you save something that loses money every year?
– Robert Kiyosaki
The number 1 asset a person can build, is build a business. It’s the smartest thing you can do.
– Robert Kiyosaki
There’s four things that make the most, 90% of the people, poor: Number 1 is taxes. Two is
debt – college loans, house loans, car payments, credit cards. Three is inflation… And the
fourth thing that makes people poor is their retirement plan.
– Robert Kiyosaki
Get off your butt! You have to get smart, you have to look for teachers. I mean, that’s pretty
obvious -you want to be a mechanic, you go hang out with mechanics. You want to be a
school teacher, hang out with school teachers. It’s really simple. And it takes discipline,
determination, drive, correction. You can’t quit.
– Robert Kiyosaki
I found out that the secret to success is not hard work or luck; I found a new way of thinking
that works for me.
– Robert Kiyosaki
Roosevelt asked the American public to turn in their gold in 1933, for which they were paid
$20.22 per ounce in paper money. He then raised the price of gold to $35 an ounce. In other
words, for every $20.22 in gold that was turned in, the public was cheated out of about
$15… If anyone was caught holding gold coins, the punishment was a $10,000 fine and ten
years in jail. One reason for doing this was to get the public used to paper money as the sole
currency of the world.
– Robert Kiyosaki
Be glad when things are difficult because difficulty is the dividing line between winners and
losers. Think of difficulty and struggle as the training ground of champions.
– Robert Kiyosaki