Rich Dad Poor DadThe following diagram on the left shows my poor dad’s income
statement. It is worth a thousand words. It shows that his income and
expenses are equal while his liabilities are larger than his assets.
My rich dad’s personal financial statement on the right reflects the
results of a life dedicated to investing and minimizing liabilities.
Poor Dad’s Financial Statement Rich Dad’s Financial StatementAssets LiabilitiesIncomeExpensesAssets LiabilitiesIncomeExpensesPoor Dad’s Financial Statement Rich Dad’s Financial StatementAssets LiabilitiesIncomeExpensesAssets LiabilitiesIncomeExpensesRich Dad’s
Financial StatementPoor Dad’s
Financial Statement