A great reason for becoming wealthy is… it’s not about the toys. It’s about the runway. The financial cushion that lets you take a swing, miss, and get back up without being financially ruined. It’s the ultimate freedom to learn.
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Meaning
Wealth isn’t just for buying things; it’s a tool that grants you the permission to fail. It provides the safety net that turns potential disasters into mere learning experiences.
Explanation
Let me break this down from my own experience. Most people operate on a tightrope. One misstep, one failed business idea, one unexpected bill, and it’s a crisis. That fear paralyzes you. It keeps you in a job you hate, it stops you from innovating, it kills creativity. But when you have wealth? You change the entire game. A failed investment becomes a tuition fee for a brutal but valuable lesson. A business that doesn’t work out is a pivot, not a life-altering catastrophe. You see, money isn’t the goal. Money is the fuel for experimentation. And real growth, massive growth, only happens when you have the freedom to experiment without the sword of financial ruin hanging over your head.
Quote Summary
| Context | Attributes |
|---|---|
| Original Language | English (3668) |
| Category | Wealth (107) |
| Topics | freedom (82), learning (190), mistakes (7) |
| Literary Style | concise (408), philosophical (434) |
| Emotion / Mood | hopeful (357), reflective (382) |
| Overall Quote Score | 75 (124) |
Origin & Factcheck
This insight comes straight from Robert T. Kiyosaki’s 1997 personal finance classic, Rich Dad Poor Dad. It’s a core tenet of his “Rich Dad” philosophy, contrasting the risk-averse mindset of his “Poor Dad” with the entrepreneurial, asset-building mindset he advocates. You won’t find this attributed to Warren Buffett or other famous investors—this is pure Kiyosaki.
Attribution Summary
| Context | Attributes |
|---|---|
| Author | Robert T Kiyosaki (98) |
| Source Type | Book (4032) |
| Source/Book Name | Rich Dad Poor Dad (43) |
| Origin Timeperiod | Contemporary (1615) |
| Original Language | English (3668) |
| Authenticity | Verified (4032) |
Author Bio
Born in Hilo, Hawaii, Robert T. Kiyosaki graduated from the United States Merchant Marine Academy and served as a Marine Corps helicopter gunship pilot in Vietnam. After stints at Xerox and entrepreneurial ventures, he turned to financial education, co-authoring Rich Dad Poor Dad in 1997 and launching the Rich Dad brand. He invests in real estate and commodities and hosts the Rich Dad Radio Show. The Robert T. Kiyosaki book list spans personal finance classics like Cashflow Quadrant and Rich Dad’s Guide to Investing, along with educational games and seminars.
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Where is this quotation located?
| Quotation | A great reason for becoming wealthy is the freedom to make mistakes |
| Book Details | Publication Year/Date: 1997; ISBN/Unique Identifier: 978-1612680194; Last edition: 2022 Revised Edition, Number of pages: 336 |
| Where is it? | Chapter 9: Still Want More? Here Are Some To Do’s, Approximate page from 2022 edition: 288 |