Starting a business is like jumping out of an airplane without a parachute. In mid air, the entrepreneur begins building a parachute and hopes it opens before hitting the ground.
Robert KiyosakiRead
Don’t buy luxuries until you’ve built the assets to afford them
Interpretation
What this quote means
Focus on building wealth before indulging in luxury.
This quote emphasizes the importance of financial responsibility and the idea that one should prioritize accumulating assets and financial stability before spending money on luxury items. It serves as a reminder that true wealth is built through wise investments and savings, rather than through immediate gratification from material possessions.
Themes
WealthLuxuryAssetsFinancial ResponsibilityInvesting
In practice
Example use cases
This quote is perfect to include in a financial literacy workshop.
More from Robert Kiyosaki
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