Advice Quote by Robert Kiyosaki
“People without financial knowledge, who take advice from financial experts are like lemmings simply following their leader. They race for the cliff and leap into the ocean of financial uncertainty, hoping to swim to the other side.”
About This Quote
Source Book: Rich Dad Poor Dad, Robert Kiyosaki, 1997
Blindly following so without understanding leads to disastrous financial outcomes.
In simple terms: Following experts without knowledge is risky.
Key Takeaway
Learn basics before taking advice.
Themes
financial literacy
risk
conformity
Mood
cautious
serious
Type
advisory
warning
When to use this quote
- investing
- personal budgeting
- retirement planning
- entrepreneurship
Key Concepts
behavioral economics
financial education
Questions to Reflect On
- What steps can you take to improve your financial literacy?
- How do you evaluate the credibility of a financial advisor?
A Different Perspective
Advice without knowledge can still be harmful if the advisor is incompetent.
