Your house is not an asset unless it Meaning Factcheck Usage
Posted inWealth

Quotes about assets

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.
Posted inWealth

Quotes about assets 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.
Posted inPersonal Development

Wise advice on assets

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.
Posted inWealth

Wise advice on assets

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.
Posted inWealth

Quotes about assets 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.
Posted inWealth

Quotes about assets 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.
Posted inWisdom

Quotes about dignity principles

If you must disagree, disagree with dignity - Dale Carnegie
At its core, this quote means that the how of your disagreement is just as important as the what. It's about separating the idea from the person and attacking the problem, not the individual.
Posted inWisdom

Wise advice on correction

Let the other person save face when you correct a mistake - Dale Carnegie
At its core, it means protecting a person's dignity and self-esteem even when you have to point out their error. It's the art of correcting the mistake without annihilating the person.