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One of the reasons the rich get richer, the poor get poorer and the middle class struggles in debt is because the subject of money is taught at home, not at school.
Robert Kiyosaki
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Robert Kiyosaki
Age: 77
Born: 1947
Born: April 8
Blogger
Businessperson
Entrepreneur
Financier
Helicopter Pilot
Investor
Military Officer
Motivational Speaker
Radio Personality
Teacher
Hilo
Hawaii
Robert Toru Kiyosaki
Robert T. Kiyosaki
Home
Taught
Poorer
Reason
Struggle
Richer
Middle
Struggles
Rich
Debt
Class
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Poor
Subject
Money
Subjects
School
Wealth
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When you diversify your mutual funds, you are diversifying something that is already diversified. Diversifying mutual funds is like taking high octane gasoline & adding water & then adding orange juice to it.
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The key to financial freedom and great wealth is a person's ability or skill to convert earned income into passive income and/or portfolio income.
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In 1997, in Rich Dad, Poor Dad, I stated, 'Your home is not an asset.' Real estate agents sent me hate mail.
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Humans cannot find freedom until they let go of old obsolete ideas.
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In military school, on day one you must memorize the mission of the Merchant Marine Academy.
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We all have tremendous potential, and we all are blessed with gifts. Yet, the one thing that holds all of us back is some degree of self-doubt. It is not so much the lack of technical information that holds us back, but more the lack of self-confidence.
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My company survives because I've learned to respect the ideas of people younger than me and recognize when my wisdom is obsolete.
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Face your fears and doubts, and new worlds will open to you.
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Military school was great and especially great for leadership and then I spent two years in Vietnam.
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The biggest trap, the biggest dungeon in life isn't laziness or bad luck, it's comfort.
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For people choosing to use a network marketing system to build a business in the B quadrant, the price of entry is a lot lower, the risks are lower, and the education and support are there to guide you through this personal development process.
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It's not what you have to do that needs to change. It's first how you think that needs to change. It's who you have to be in order to do what needs to be done.
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Going into our fear and confronting our greed, our weaknesses, our neediness is the way out. And the way out is through the mind, by choosing our thoughts.
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People who pay the price for security may never really feel secure rather the more their insecurity grows inside them because they are paying the price for action but not their internal reaction
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If you realize that you're the problem, then you can change yourself, learn something and grow wiser. Don't blame other people for your problems.
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The value of assets often increases exponentially while the value of your labor only increases incrementally.
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It's more important to grow your income than cut your expenses. It's more important to grow your spirit that cut your dreams.
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The poor and the middle class work for money. The rich have money work for them.
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When it comes to money, the only skill most people know is to work hard.
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