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Quote from Robert T. Kiyosaki:

Rule One. You must know the difference between an asset and a liability and buy assets. Poor and middle class acquire liabilities, but they think they are assets. An asset is something that puts money in my pocket. A liability is something that takes money out of my pocket.



Simimal Quotes:

T. Harv Eker

Saying “I’ll start managing my money as soon as I get caught up” is like an overweight person saying “I’ll start exercising and dieting as soon as I lose twenty pounds.”

T. Harv Eker

Poor people either mismanage their money or they avoid the subject of money altogether.

Junior Murchison

Money is like manure. If you spread it around it does a lot of good. But if you pile it up in one place it stinks like hell.

T. Harv Eker

My definition of financial freedom is simple: it is the ability to live the lifestyle you desire without having to work or rely on anyone else for money.

Byron Katie

Who would you be without the thought “I need more money to be safe?” You might be a lot easier to be with. You might even begin to notice the laws of generosity, the laws of letting money go out fearlessly and come back fearlessly. You don’t ever need more money than you have.

Vernon Howard

One false idea is that anyone can hurt you. Events can ruin your reputation, take your money, mistreat you, revenge itself upon you, deceive, betray, abandon you, but cannot hurt you.

T. Harv Eker

By unlinking your money motivation from anger, fear, and the need to prove yourself, you can install new links for earning your money through purpose, contribution, and joy.

Lao-tzu

"Fame or integrity: which is more important? Money or happiness: which is more valuable? Success or failure: which is more destructive? If you look to others for fulfillment, you will never truly be fulfilled. If your happiness depends on money, you will never be happy with yourself. Be content with what you have; rejoice in the way things are. When you realize there is nothing lacking, the whole world belongs to you."

T. Harv Eker

Money is a lubricant. It lets you “slide” through life instead of having to “scrape” by. Money brings freedom—freedom to buy what you want , and freedom to do what you want with your time. Money allows you to enjoy the finer things in life as well as giving you the opportunity to help others have the necessities in life. Most of all, having money allows you not to have to spend your energy worrying about not having money.

T. Harv Eker

The play account rule is that it must be spent every month. That’s right! Each month you have to blow all the money in that account in a way that makes you feel rich. For example, imagine walking into a massage center, dumping all the money from your account on the counter, pointing to the massage therapists, and saying, “I want both of you on me. With the hot rocks and the frickin’ cucumbers. After that, bring me lunch!”

Greer Garson

Starting out to make money is the greatest mistake in life. Do what you feel you have a flair for doing, and if you are good enough at it, the money will come.