... minimizing liabilities:
Rich Dad& apos;s Financial Statement
Income > Expense
Asset > Liability
A review of my rich dad& apos;s financial statement is why the rich get richer.
The asset ... we'll
be rich? " I asked.
Rich dad nodded his head. "It's that simple."
"If it's that simple, how come everyone is not rich? " I asked.
Rich dad smiled. ...
For example, my poordad always said, "I'll never be rich. " And that
prophesy became reality. My rich dad, on the other hand, always referred to
himself as rich. He would say things...
... my
rich dad and my poordad when it came to their homes. One dad thought his house
was an asset, and the other dad thought it was a liability.
I remember when I drew a diagram for my dad showing ... minimizing liabilities:
Rich Dad& apos;s Financial Statement
Income > Expense
Asset > Liability
A review of my rich dad& apos;s financial statement is why the rich get richer.
The asset ... we'll
be rich? " I asked.
Rich dad nodded his head. "It's that simple."
"If it's that simple, how come everyone is not rich? " I asked.
Rich dad smiled....
... "What My RichDad Taught Me About Money" all you
have to do is visit our special website at www.richdadbooki.com and the report
is yours free.
Thank you
Rich Dad, PoorDad
1. CHAPTER ...
Thank you
Rich Dad, PoorDad
1. CHAPTER ONE
Rich Dad, PoorDad
As narrated by Robert Kiyosaki
I had two fathers, a rich one and a poor one. One was highly educated and
intelligent; ... thought that my richdad was
violating child labor laws and should be investigated.
My educated poordad told me to demand what I deserve. At least 25 cents
an hour. My poordad told me that...
...
intimidation. My poordad never fought back. My richdad didn't either. He just
played the game smarter, and he did it through corporations-the biggest secret
of the rich.
You may remember ... was about 10 years old, I would hear from my richdad that
government workers were a pack of lazy thieves, and from my poordad I would
hear how the rich were greedy crooks who should be made ... own.
The point is, if not for my rich dad, I would have probably followed my
educated dad& apos;s advice. It was merely the occasional reminder of my richdad that
kept the idea of owning my...
... problem wasthat my logic was my rich dad& apos;s logic.
Job security meant everything to my educated dad. Learning meant
everything to my rich dad.
Educated dad thought I went to school to ... lead troops. Richdad explained to me that the hardest part of running a
company is managing people. He had spent three years in the Army; my educated
dad was draft-exempt. Richdad told me ... specialists.
My educated dad, after falling from grace with the governor, became the
head of the teachers union in Hawaii. He told me that it was the hardest job he
ever held. My rich dad, on the other...
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