“
“
LIFE PUSHES ALL OF US AROUND.
MOST PEOPLE LEAVE THEIR JOBS
SOME PEOPLE GIVE UP AND OTHERS FIGHT.
BECAUSE THEY AREN’T RECEIVING ENOUGH MONEY.
A FEW LEARN THE LESSON AND MOVE ON.
THEY WOULD HAVE ALREADY QUIT.
THEY WELCOME LIFE PUSHING THEM AROUND
THE WEALTHY SEE IT AS AN OPPORTUNITY TO LEARN
”
”
Life will push you around
THE POOR
”
THE RICH DON’T WORK FOR MONEY
+
One of life’s biggest traps
“
“
+
1
“
AND MIDDLE CLASS WORK
FOR MONEY. THE RICH HAVE
MONEY WORK FOR THEM.
LESSON
PEOPLE’S LIVES
THEY WORK VERY HARD
ARE FOREVER CONTROLLED BY TWO
FOR LITTLE MONEY, CLINGING TO THE
Fear and Greed
ILLUSION OF JOB
”
A SKIMPY PENSION
”
Seeing what
others miss
INCOME STATEMENT
Habit
“
LESSON
IT’S NOT HOW MUCH MONEY
YOU MAKE IT’S HOW MUCH
MONEY YOU KEEP
”
WHY TEACH FINANCIAL LITERACY?
+
“
YOU MAKE IT’S HOW MUCH
MONEY YOU KEEP
INCOME
EXPENSES
BALANCE SHEET
ASSETS
”
LIABILITIES
ASSET
Your home is NOT an
asset
Cash-Flow
Patterns
INCOME STATEMENT
INCOME
EXPENSES
IT’S NOT HOW MUCH MONEY
ASSETS
VS
LIABILITIES
BALANCE SHEET
ASSETS
LIABILITIES
LIABILITY
+
2
EMOTIONS:
FEAR AND GREED
SECURITY...3 WEEKS VACATION....AND
INCOME STATEMENT
INCOME STATEMENT
ASSETS
ASSETS
LIABILITIES
CASH FLOW PATTERN
OF THE MIDDLE-CLASS
INCOME STATEMENT
MIND YOUR OWN BUSINESS
THE RICH FOCUS ON
ON THEIR INCOME STATEMENT
”
+
Put your savings into
REAL Assets
BALANCE SHEET
+
3
“
EXPENSES
THEIR ASSET COLUMNS WHILE EVERYONE ELSE FOCUSES
ASSETS
BALANCE SHEET
ASSETS
LIABILITIES
Your 24 hour employees
“
EACH DOLLAR IN MY ASSET COLUMN WAS
A GREAT EMPLOYEE
MAKING MORE EMPLOYEES
TO BUY THE BOSS A NEW PORSCHE
”
ESCAPING
ORDINARY
EXPENSES
TAXES
MORTGAGE REPAYMENTS
BALANCE SHEET
INCOME
LESSON
DIVIDENDS
RENTAL INCOME
ROYALTIES
INTEREST
SALARY
EXPENSES
TAXES
MORTGAGE REPAYMENTS
CREDIT CARD PAYMENTS
FOOD AND TRANSPORTATION
BALANCE SHEET
CASH FLOW PATTERN
OF A POOR PERSON
INCOME
JOB
SALARY
EXPENSES
FOOD
RENT
TAXES
TRANSPORTATION
Main ways to get out of
the Rat Race
INCOME STATEMENT
INCOME
INCOME
JOB
PART II - COMING SOON....
LIABILITIES
BALANCE SHEET
LIABILITIES
CAR LOANS
HOME LOANS
CREDIT CARD DEBT
SCHOOL DEBT
ASSETS
CASH FLOW PATTERN
OF A RICH PERSON
STOCKS
REAL ESTATE
BONDS
BUSINESSES
INTELLECTUAL
PROPERTY
LIABILITIES
HOME LOAN
CONSUMER LOANS
CREDIT CARD DEBT
0
