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Rich Dad Poor Dad an attempt to ppt the concept of Robert T Kiyosaki.

Published byMyles Bruce Modified over 8 years ago

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Presentation on theme: "Rich Dad Poor Dad an attempt to ppt the concept of Robert T Kiyosaki."— Presentation transcript:

1 Rich Dad Poor Dad an attempt to ppt the concept of Robert T Kiyosaki

2 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

3 and… This is the only rule 

4 Cash Flow pattern of an Asset
Income Expense Assets Liabilities

5 Cash Flow pattern of a Liability
Income Expense Assets Liabilities

6 Asset - Liability An asset is something that puts money into your pocket A liability is something that takes money out of your pocket

7 Cash Flow pattern of a poor person, or a young person at home
Income Pay check Job Expense Taxes, Food Rent, Clothes Fun Transportation Assets Liabilities

8 Cash Flow pattern of a person in the middle class
Job Income Expense Assets Liability

9 Cash Flow pattern of a person in the middle class…
Income Job Pay check Expense Taxes, Food Mortgage Fixed Expense Clothes, Fun Assets Liabilities Mortgage Customer Loans Credit Cards

10 Cash Flow pattern of a wealthy person
Income Expense Assets Liabilities

11 Cash Flow pattern of a wealthy person……
Income Dividends Interest Rental Income Royalties Expense Assets Liabilities Stocks Bonds Notes Real Estate Intellectual Property

12 Financial Dream turning into a Financial Nightmare
Income Expense Assets Liabilities

13 Financial Dream turning into a Financial Nightmare …
Income Expense Assets Liabilities

14 Financial Dream turning into a Financial Nightmare ….
Income Expense Assets Liabilities

15 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.

16 Perceptions … Rich Dad Home Poor Dad Home Assets Liabilities Assets

17 Why so? Income Expense Assets Liability Mortgage Property Taxes
Insurance Maintenance Assets Liability Mortgage

18 Poor Dad’s Financial Statement
Income Expense Assets Liabilities

19 Rich Dad’s Financial Statement
Income Expense Assets Liabilities

20 Why the Rich get Richer Income Expense Assets Liabilities

21 Why the middle class struggle
Income Expense Assets Liabilities

22 So think …. 

23 Compiled into ppt form by: Akshara - prakash. lb@gmail
Compiled into ppt form by: Akshara

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