Rich Dad
Poor Dad
an attempt to ppt the concept of
Robert T Kiyosaki
Rule # 1
Know the difference between an asset and a
liability, and buy assets.
Rich people acquire assets. The poor and middle class
acquire liabilities, but they think they are assets
and…
This is the only rule
Assets Liabilities
Expense
Income
Cash Flow pattern of an Asset
Assets Liabilities
Expense
Income
Cash Flow pattern of a Liability
Asset - Liability
•An asset is something that puts money into
your pocket
•A liability is something that takes money
out of your pocket
Assets Liabilities
Expense
Income
Cash Flow pattern of a poor person, or a young person at home
Pay check
Job
Taxes, Food
Rent, Clothes
Fun
Transportation
Assets Liability
Expense
Income
Cash Flow pattern of a person in the middle class
Job
Assets Liabilities
Expense
Income
Pay check
Job
Taxes, Food
Mortgage
Fixed Expense
Clothes, Fun
Mortgage
Customer Loans
Credit Cards
Cash Flow pattern of a person in the middle class…
Assets Liabilities
Expense
Income
Cash Flow pattern of a wealthy person
Assets Liabilities
Expense
Income
Cash Flow pattern of a wealthy person……
Dividends
Interest
Rental Income
Royalties
Stocks
Bonds
Notes
Real Estate
Intellectual
Property
Assets Liabilities
Expense
Income
Financial Dream turning into a Financial Nightmare ….
So…
•Spending habits have caused them to seek
more money
•The don’t even know that the trouble is
really how they choose to spend the money
they do have the real cause of their
financial struggle
•More money seldom solves someone’s
problems. Intelligence solves problems.
Assets Liabilities
Perceptions …
LiabilitiesAssets
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Rich Dad
Poor Dad