Friday, April 19, 2024
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Undefeated Motivation

Undefeated Motivation

"Rule number 1: You must know the difference between an asset and a liability, and buy assets. If you want to be rich, this is all you need to know. It is rule number one. It is the only rule." -Robert Kiyosaki -Undefeated Motivation
Robert Kiyosaki 

“Rule number 1: You must know the difference between an asset and a liability, and buy assets. If you want to be rich, this is all you need to know. It is rule number one. It is the only rule.” -Robert Kiyosaki

“Rule number 1: You must know the difference between an asset and a liability, and buy assets. If you want to be rich, this is all you need to know. It is rule number one. It is the only rule.” -Robert Kiyosaki

Related Quotes

“I find so many people struggling, often working harder, simply because they cling to old ideas. They want things to be the way they were; they resist change. I know people who are losing their jobs or their houses, and they blame technology or the economy or their boss. Sadly they fail to realize that they might be the problem. Old ideas are their biggest liability. It is a liability simply because they fail to realize that while that idea or way of doing something was an asset yesterday, yesterday is gone.” -Robert Kiyosaki
“Rich people acquire assets. The poor and middle class acquire liabilities that they think are assets.” -Robert Kiyosaki
“Money is not the most important thing, but when you need it, there are few substitutes. So while I like the things money can buy, I love what money won’t buy. It bought me a house but it won’t buy me a home. It would buy me a companion but it won’t buy me a friend..” -Zig Ziglar
“Often, the more money you make the more money you spend; That’s why more money doesn’t make you rich – assets make you rich.” -Robert Kiyosaki
“An asset is something that puts money in my pocket. A liability is something that takes money out of my pocket.” -Robert Kiyosaki
“Your brain can be your most powerful asset. But if not used properly, it can be your most powerful liability.” -Robert Kiyosaki
“Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.” -Warren Buffett
“The first rule is not to lose. The second rule is not to forget the first rule.” -Warren Buffett
“An important distinction is that rich people buy luxuries last, while the poor and middle class tend to buy luxuries first.” -Robert Kiyosaki
“He said it was better to work years at creating an asset rather than to spend your life working hard for money to create someone else’s asset.” -Robert Kiyosaki