Embed Size (px)
Citation preview
Rich DadPoor 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 checkJob
Taxes, Food
Rent, Clothes
Fun
Transportation
Assets Liability
Expense
Income
Cash Flow pattern of a person in the middle class
Job
Assets Liabilities
Expense
IncomePay 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
Home
Home
Rich Dad
Poor Dad
Assets Liability
Expense
Income
Why so?
MortgageProperty TaxesInsuranceMaintenance
Mortgage
Assets Liabilities
Expense
Income
Poor Dad’s Financial Statement
Assets Liabilities
Expense
Income
Rich Dad’s Financial Statement
Assets Liabilities
Expense
Income
Why the Rich get Richer
Assets Liabilities
Expense
Income
Why the middle class struggle
So think ….
