RICH DAD, POOR DAD

I'm always inspired to read of Robert Kiyosaki book. I believe Robert Kiyosaki have change a lot of people mindset & also have change a lot of people way in making money in this world. His best selling book - 'Rich Dad, Poor Dad' has teach us which type of people we want to be

* To be the Rich Dad that take courage to change & become the leader OR
* To be the Poor Dad that remains poor & be the servant for others forever.

I would like to share some of Robert Kiyosaki famous quote

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

- Money is kind of a base subject. Like water, food, air & housing, it affects everything yet for some reason the world of academics thinks it’s a subject below their social standing.

- The rich build assets that they use to purchase other assets. The poor only have expenses.

- If you want to be rich, simply spend your life buying assets. If you want to be poor or middle class, spend your life buying liabilities.

- 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.

- 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.

- Physical exercise improves health, mental exercise improves wealth, laziness destroys both.

- Many of today’s youth have credit cards before they leave high school, yet they have never had a course in money or how to invest it, let alone understand how compound interest works on credit cards.

- The trouble with the rat-race is that even if you win, you’re still a rat.

- Remember the Golden Rule. He who has the gold makes the rules.

- The Poor spent, the Rich invest

- 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.

- Your future is created by what you do today, not tomorrow

- The poor, the unsuccessful, the unhappy, the unhealthy are the ones who use the word tomorrow the most

- Today is the word for winners and tomorrow is the word for losers

- The most life-destroying word of all is the word tomorrow

- The only difference between a rich person and poor person is how they use their time

- Do today what you want for your tomorrows

- Imagination is more important than knowledge – it is unlimited! Everyone has multi-million ideas – they just fear going for it

- Rich Dad forbade the words “I can’t afford it” – instead, “HOW can I afford it.” One lets you off the hook, ad the other forces you to think. “My brain gets stronger every day because I exercise it. The stronger it gets, the more money I can make.

- Fear keeps most people working at a job. The fear of not paying their bills, the fear of being fired, the fear of not having enough money. The fear of starting over. The fear of ‘what will people say?

- That’s the price of studying to learn a profession and then working for money. Most people become a slave to money… and then get angry at their boss.

- Most people never see the trap they are in.

- The main cause of poverty or financial struggle is self-inflicted fear and ignorance, that keeps people trapped. To spend your life living in fear, never exploring your dreams, is cruel.

- In life, it’s not how much money you make that counts, but how much you keep.

- Rule ONE – you must know the difference between an asset and a liability, and buy assets. If you want to be rich, that’s all you need to know.

- What is missing from people’s education is “how to spend money” – what to do after you make it, how to keep it, how long you keep it, and how hard that money works for you.

- The primary reason the majority of the poor and middle class are fiscally conservative (“I can’t afford to take risks”) is that they have no financial foundation. They have to cling to their jobs. They have to play it safe.

- Build and keep your asset column strong. Once a dollar goes into it, never let it come out.

- Once a dollar goes into it, it becomes your employee. The best thing about money is that it works 24 hours a day and can work for generations.