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.

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

[On debt:] If you find you have dug yourself into a hole... stop digging.

The rich buy assets. The poor only have expenses. The middle class buys liabilities they think are assets.

This pattern of treating your home as an investment and the philosophy that a pay raise means you can buy a larger home or spend more is the foundation of today’s debt-ridden society.

...most people work from January to May just for the government.

Life is much like going to the gym. The most painful part is deciding to go. Once you get past that, it’s easy.

I recognized that it was excessive fear and self-doubt that were the greatest detractors of personal genius.

I strongly urge students to learn to take risks, to be bold, to let their genius convert that fear into power and brilliance.

Job is an acronym for ‘Just Over Broke.’