Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not!

Garret Sutton’s books on corporations provide wonderful insight into the power of personal corporations.

An asset puts money in my pocket. A liability takes money out of my pocket.

“Rich people acquire assets. The poor and middle class acquire liabilities that they think are assets,”

“What intensifies fear and desire is ignorance. That is why rich people with lots of money often have more fear the richer they get.

It’s just like the picture of a donkey dragging a cart with its owner dangling a carrot just in front of its nose. The donkey’s owner may be going where he wants to, but the donkey is chasing an illusion. Tomorrow there will only be another carrot for the donkey.” “You mean the moment I picture a new baseball glove, candy and toys, that’s like a ca

“The main cause of poverty or financial struggle is fear and ignorance, not the economy or the government or the rich.

“The pattern of get up, go to work, pay bills; get up, go to work, pay bills. People’s lives are forever controlled by two emotions: fear and greed. Offer them more money and they continue the cycle by increasing their spending. This is what I call the Rat Race.”

the fear of being without money motivates us to work hard, and then once we get that paycheck, greed or desire starts us thinking about all the wonderful things money can buy. The pattern is then set.”

People’s lives are forever controlled by two emotions: fear and greed.