50 Powerful Rich Dad Poor Dad Quotes to Boost Financial Mindset
Here are over 50 quotes from Rich Dad Poor Dad. These are the essence of what I teach. They are categorized by money, investing, education, mindset and success. Whether you want financial freedom, start your own business or just want to understand how money works, these quotes are wisdom, inspiration and practical advice. Get ready to have your assumptions challenged and your thinking changed as you read the quotes that have made Rich Dad Poor Dad a classic in the personal finance and self-help space.
Rich Dad Poor Dad Quotes on Money
“The love of money is not the root of all evil. The lack of money is the root of all evil.”
“It’s not how much money you make that matters, it’s how much money you keep.”
“Don’t work for money; make money work for you.”
“Money without financial intelligence is money soon gone.”
“The reality is that money is both important and not important at the same time.”
“The more real you think money is, the harder you will work for it.”
“The rich acquire assets that make them richer, while the poor acquire liabilities that make them poorer.”
“The rich focus on their asset columns while everyone else focuses on their income statements.”
“Whenever you feel ‘short’ or in ‘need’ of something, give what you want first and it will come back in buckets.”
“The true measure of an asset is not how much money it makes you, but how many days you can survive without having to work.”
Rich Dad Poor Dad Quotes on Investment
“Investing is a plan, not a product or procedure.”
“Rich people make money work for them, while poor people work for money.”
“The rich focus on building assets that generate income, while the poor focus on buying liabilities that generate expenses.”
“Learn to manage risk, not avoid it.”
“The single most powerful asset we all have is our mind.”
“Invest in your own education first.”
“It’s easier to stand on the sidelines and criticize. It’s harder to get into the game and succeed.”
“Most people go along with the crowd. They do things because everybody else does it.”
“The more we learn, the more we realize how little we know.”
“The fear of being different prevents most people from seeking new ways to solve their problems.”
Rich Dad Poor Dad Quotes on Education and Learning
“I am concerned that too many people are focused too much on money and not on their greatest wealth, which is their education.”
“In the real world, the smartest people are people who make mistakes and learn.”
“To spend your life living in fear and never exploring your dreams is cruel.”
“Success is a poor teacher.”
“Know a little about a lot.”
“Learn to use your emotions to think, not think with your emotions.”
“Your brain can be your most powerful asset. But if not used properly, it can be your most powerful liability.”
“Whatever your reality is about money inside of you is the reality of money outside of you.”
“Life is a cruel teacher. It punishes you first, and then gives you the lesson.”
“Failure is part of the process of success. People who avoid failure also avoid success.”
Rich Dad Poor Dad Quotes on Mindset and Success
“The only difference between a rich person and a poor person is how they manage fear.”
“Winners are not afraid of losing. But losers are.”
“If you’re the kind of person who has no guts, you just give up every time life pushes you.”
“You’re only poor if you give up.”
“The most important thing is that you did something.”
“I’d rather welcome change than cling to the past.”
“Emotions are what make us human. Make us real.”
“The person becomes attached to the vehicle and then fails to see all the other investment vehicles available.”
“An upset is our maker’s way of telling us that we need to learn something.”
“One of the reasons the rich get richer is that they buy more investments by taking advantage of the tax laws.”
Additional Insights
“It is said that the fear of public speaking is a fear greater than death for most people.”
“Most people are afraid of rejection.”
“If you think you can’t, you won’t.”
“The more you give, the more you receive.”
“Financial freedom is available to those who learn about it and work for it.”
“People who don’t become rich either spend all their income on expenses or buy liabilities that increase their expenses.”
“The key to financial independence is having money that makes more money.”
“It’s not what we say out loud that determines our lives. It’s what we whisper to ourselves that has the most power.”
“Think big and don’t listen to people who tell you it can’t be done.”
“The best way to predict the future is to create it.”
“To be successful, you must first be willing to fail.”
The quotes from Rich Dad Poor Dad sum up the key lessons and principles of the book. Robert Kiyosaki talks about financial education and the mindset to be successful. He says to embrace failure as part of the learning process, “winners are not afraid of losing” and mistakes are part of growth. So take action no matter how small, progress comes from taking the first step.
Kiyosaki also talks about investing in one’s financial education, he says knowledge is the real foundation of wealth. He worries that many people focus too much on money and not on the fact that their greatest asset is their education. This focus on learning will free you from limiting beliefs and give you a wealth building mindset.
Also Kiyosaki’s asset vs liabilities is a big takeaway. He says financial freedom comes from acquiring income generating assets not liabilities that drain your resources. By investing in cash flow generating investments you can create a self sustaining wealth accumulation cycle.
So there you have it. Wise words. Financial success is not about income but how you manage your money through knowledge, mindset and action.