| Academic qualifications are important and so is financial education. They're both important and schools are forgetting one of them. |
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- Robert Kiyosaki |
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| 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. |
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- Robert Kiyosaki |
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| 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. |
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- Robert Kiyosaki |
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| Money is kind of a base subject. Like water, food, air and housing, it affects everything yet for some reason the world of academics thinks it's a subject below their social standing. |
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- Robert Kiyosaki |
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| Rich people buy luxuries last, while the poor and middle class tend to buy luxuries first. The poor and middle class often buy luxury items such as big houses, diamonds, furs, jewelry or boats because they want to look rich. They look rich, but in reality they just get deeper in debt on credit. The old money people, the long-term rich, built their asset column first. Then, the income generated from the asset column bought their luxuries. The poor and middle class buy luxuries with their own sweat, blood, and children's inheritance. |
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- Robert Kiyosaki |
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| The No. 1 rule is to know the difference between an asset and a liability. The rich focus on their asset columns while everyone else focuses on their income statements. The more money that goes into my asset column, the more my asset column grows. The more my assets grow, the more my cash flow grows. And as long as I keep my expenses less than the cash flow from these assets, I will grow richer, with more and more income from sources other than my physical labor. |
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- Robert Kiyosaki |
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| 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. |
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- Robert Kiyosaki |
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| Wealth is the measure of the cash flow from the asset column compared with the expense column. |
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- Robert Kiyosaki |
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| When I want a bigger house, I first buy assets that will generate the cash flow to pay for the house. |
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- Robert Kiyosaki |
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