Your house is not an asset unless it Meaning Factcheck Usage

Quotes about Verified

Your house is not an asset unless it makes you money - Robert T Kiyosaki
At its core, this quote redefines the word "asset" from an accounting term to a cash-flow term. An asset, in Kiyosaki's world, isn't just something of value, it's something that puts money in your pocket.

Quotes about Verified principles

Rich people acquire assets. The poor and middle class acquire liabilities they think are assets - Robert T Kiyosaki
At its heart, this quote is about mindset. It's the fundamental difference between buying things that take money out of your pocket versus buying things that put money into it.

Wise advice on Verified

Your greatest asset is your mind. Train it well, and it will make you rich - Robert T Kiyosaki
This quote flips the script on conventional thinking about wealth. It argues that financial success isn't primarily about what you *have*, but about the quality of the *thinking* you use to acquire and manage what you have.

Wise advice on Verified

You must know the difference between an asset and a liability, and buy assets - Robert T Kiyosaki
The core message is brutally simple: an asset puts money *in* your pocket. A liability takes money *out* of your pocket. Your financial success depends on your ability to tell them apart and act accordingly.

Quotes about Verified principles

The rich focus on their asset columns while everyone else focuses on their income statements - Robert T Kiyosaki
At its core, this quote means that the wealthy prioritize acquiring things that put money into their pockets (assets), while others are primarily concerned with the money coming in from their job (income) and then going right back out on expenses.

Quotes about Verified principles

An important distinction is that rich people acquire assets. The poor and middle class acquire liabilities that they think are assets - Robert T Kiyosaki
The core message is that wealth isn't defined by what you earn, but by the financial nature of what you own. The rich focus on things that put money *in* their pocket, while others accumulate things that take money *out*, often without realizing it.