Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not!

by Robert T. Kiyosaki

“Cynics never win,” said rich dad. “Unchecked doubt and fear creates a cynic.” “Cynics criticize, and winners analyze”

That’s the most common form of laziness: laziness by staying busy. So what is the cure for laziness? The answer is—a little greed.

When I decided to exit the Rat Race, it was simply a question of “How can I afford to never work again?” And my mind began to kick out answers and solutions.

John D. Rockefeller, once said, “I always tried to turn every disaster into an opportunity.”

There is gold everywhere. Most people are not trained to see it.

Our spending habits reflect who we are. Poor people simply have poor spending habits.

In today’s fast-changing world, it’s not so much what you know anymore that counts, because often what you know is old. It is how fast you learn.

The real skill is to manage and reward the people who are smarter than you in some technical area. That is why companies have a board of directors. You should have one too. That is financial intelligence.

Always remember: Profits are made in the buying, not in the selling.

Money is only an idea. If you want more money, simply change your thinking. Every self-made person started small with an idea, and then turned it into something big.

Today, don’t play it safe. Play it smart.

Rich dad used to say, “The key to becoming wealthy is the ability to convert earned income into passive income or portfolio income as quickly as possible.”

As my rich dad would say, “A real investor makes money in an up market and a down market. That is why they make so much money.”