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Entrepreneurship Mindset

34+ Robert Kiyosaki Quotes (Author Of ‘Rich Dad Poor Dad’)

A list of quotes and excerpts by Robert Kiyosaki from a few of his most popular books.

robert kiyosaki quotes

This article is a compiled list of Robert Kiyosaki quotes spanning over his life and career as a businessman, investor, and author.

Robert Kiyosaki is an American businessman and author famously known for his 2002 book, Rich Dad Poor Dad, which has sold more than 32 million copies worldwide.

The quotes and excerpts below are derived from Robert Kiyosaki’s books, Rich Dad Poor Dad, Rich Dad’s Cashflow Quadrant, Rich Dad’s Guide to Investing, Rich Dad’s Increase Your Financial IQ, and more.

34+ inspiring Robert Kiyosaki quotes:

#1

“It’s not how much money you make, but how much money you keep, how hard it works for you, and how many generations you keep it for.”

Robert Kiyosaki, Rich Dad’s Cashflow Quadrant

#2

“Everything the working class has been told to do, the rich do not do. That is my message.”

Robert Kiyosaki, Rich Dad Poor Dad

#3

“The only difference between a rich person and a poor person is what they do in their spare time.”

Robert Kiyosaki, Rich Dad’s Cashflow Quadrant

#4

“One of the reasons the rich get richer is that they buy more investments by taking advantage of the tax laws. In essence, the money that would have been paid in taxes is used to buy additional assets, which provide another deduction against income, which reduces the taxes due, legally.”

Robert Kiyosaki, Rich Dad’s Guide to Investing

#5

“Investing is simply a plan, made up of formulas and strategies, a system for getting rich…almost guaranteed.”

Robert Kiyosaki, Rich Dad’s Guide to Investing

#6

“The reason we have billionaires who are still in their twenties is not because they bought investments. They created investments, called businesses that millions of people want to buy.”

Robert Kiyosaki, Rich Dad’s Guide to Investing

#7

“When your assets generate enough income to cover your expenses, you are wealthy, even if you are not yet rich.”

Robert Kiyosaki, Rich Dad Poor Dad

[ Related Article: 8 Types of Royalties That Provide Passive Income And Cash Flow ]

#8

“Keep expenses low, reduce liabilities, and diligently build a base of solid assets.”

Robert Kiyosaki, Rich Dad Poor Dad

#9

“When it comes to money and investing, people have three fundamental reasons or choices for investing. They are:

To be secure,
To be comfortable, or
To be rich.

All three choices are important. The difference in one’s life occurs when the choices are prioritized.”

Robert Kiyosaki, Rich Dad’s Guide to Investing

#10

“One of the quotes credited to Ford goes: “Thinking is the hardest work there is. That is why so few people engage in it.”

Robert Kiyosaki, Rich Dad’s Cashflow Quadrant

#11

“Most people dream of becoming rich, but it is not their first choice. Only three out of a hundred people in America are rich because of this priority of choices.”

Robert Kiyosaki, Rich Dad’s Guide to Investing

#12

“[Rich dad] 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, Rich Dad’s Guide to Investing

#13

“More money will not solve the problem if cash-flow management is the problem.”

Robert Kiyosaki, Rich Dad’s Cashflow Quadrant

#14

“Rule #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. This may sound absurdly simple, but most people have no idea how profound this rule is. Most people struggle financially because they do not know the difference between an asset and a liability. “Rich people acquire assets. The poor and middle class acquire liabilities that they think are assets.”

Robert Kiyosaki, Rich Dad Poor Dad

#15

“Many financial problems are caused by trying to keep up with the Joneses.”

Robert Kiyosaki, Rich Dad Poor Dad

#16

“‘I can’t afford it’ shuts down your brain – it didn’t have to think anymore. ‘How can I afford it?’ forced it to think and search for answers, open up possibilities, excitement, and dreams.”

Robert Kiyosaki, Rich Dad Poor Dad

#17

“Money without financial intelligence is money soon gone.”

Robert Kiyosaki, Rich Dad Poor Dad

#18

“My poor dad said, “you need to know a lot about one specialty.” My rich dad said, “you need to learn a little about a lot of things.”

Robert Kiyosaki, Rich Dad Poor Dad

[ Related Article: Most Important Skills A Successful Entrpreneur Needs ]

#19

“You will never know true freedom until you achieve financial freedom.”

Robert Kiyosaki, Rich Dad’s Cashflow Quadrant

#20

“There are five basic financial IQs. They are:

Financial IQ #1: Making more money.
Financial IQ #2: Protecting your money.
Financial IQ #3: Budgeting your money.
Financial IQ #4: Leveraging your money.
Financial IQ #5: Improving your financial information.”

Robert Kiyosaki, Rich Dad’s Increase Your Financial IQ

#21

“When I want bigger house. I first buy the assets that will generate the cash flow to pay for the house.”

Robert Kiyosaki, Rich Dad Poor Dad

#22

“Find out how much money invested per month, for how many months, at a realistic rate of return it will take to reach your goals of retiring, creating cash flow, and gaining financial freedom.”

Robert Kiyosaki, Rich Dad’s Cashflow Quadrant

#23

“Most investments are too expensive when you purchase them as an employee. But they are much more affordable if my business buys them for me.”

Robert Kiyosaki, Rich Dad’s Guide to Investing

#24

“One dad would say: “The love for money is the root of all evil”. The other one, “The lack of money is the root of all evil.”

Robert Kiyosaki, Rich Dad Poor Dad

#25

“Getting rich is automatic…if you have a good plan and stick to it.”

Robert Kiyosaki, Rich Dad’s Guide to Investing

#26

“Rich people acquire assets. The poor and middle class acquire liabilities they think are assets.”

Robert Kiyosaki, Rich Dad Poor Dad

#27

“While you were in school, you got a report card once a quarter. A financial statement is your report card once you leave school. The problem is that since most people have not been trained to read financial statements or trained in how to keep a personal financial statement, they have no idea how they are doing once they leave school. Many people have failing marks on their personal financial statements but think they are doing well because they have a high-paying job and a nice home. Unfortunately, if I were handing out the grades, anyone who was not financially independent by age 45 would receive a failing grade. It is not that I want to be cruel. I just want people to wake up and maybe do a few things differently, before they run out of their most important asset—time.”

Robert Kiyosaki, Rich Dad’s Guide to Investing

#28

“Simple math and common sense is all that is needed to do well financially.”

Robert Kiyosaki, Rich Dad Poor Dad

#29

“Once you understand the difference between assets and liabilities, concentrate your efforts on buying income-generating assets.”

Robert Kiyosaki, Rich Dad Poor Dad

#30

“An asset puts money in your pocket. A liability takes money from your pocket.”

Robert Kiyosaki, Rich Dad Poor Dad

#31

“Remember that anything important can’t really be learned in the classroom. It must be learned by taking action, making mistakes, and then correcting them. That’s when wisdom sets in.”

Robert Kiyosaki, Rich Dad’s Cashflow Quadrant

#32

“Your brain can be your most powerful asset. But if not used properly, it can be your most powerful liability.”

Robert Kiyosaki, Rich Dad’s Guide to Investing

#33

“I think of money only as a medium of exchange. In reality, money by itself has very little value. So as soon as I have money, I want to exchange it for something of real value. The irony is that many people who cling desperately to money spend that money on things of very little value—and that is why they are poor.”

Robert Kiyosaki, Rich Dad’s Guide to Investing

#34

“Many people will not head down the street until all the lights are green. That is why they don’t go anywhere.”

Robert Kiyosaki, Rich Dad’s Cashflow Quadrant