迪文小说

第12部分（第2页）

Rich　Dads　Financial　Statement

Ine　》　Expense

Asset　》　Liability

A　review　of　my　rich　dads　financial　statement　is　why　the　rich　get　richer。　The　asset　column　generates　more　than　enough　ine　to　cover　expenses；　with　the　balance　reinvested　into　the　asset　column。　The　asset　column　continues　to　grow　and；　therefore；　the　ine　it　produces　grows　with　it。

The　result　being：　The　rich　get　richer！

Why　the　Rich　Get　Richer

Ine　…》　Assets　…》　More　Ine

Expenses　are　low；　Liabilities　are　low

The　middle　class　finds　itself　in　a　constant　state　of　financial　struggle。　Their　primary…　ine　is　through　wages；　and　as　their　wages　increase；　so　do　their　taxes。　Their　expenses　tend　to　increase　in　equal　increments　as　their　wages　increase；　hence　the　phrase　〃the　rat　race。〃　They　treat　their　home　as　their　primary　asset；　instead　on　investing　in　ine…producing　assets。

Why　the　Middle　Class　Struggle

Ine　goes　up；　Expenses　go　up

Assets　do　not　increase；　Liabilities　do　increase

This　pattern　of　treating　your　home　as　an　investment　and　the　philosophy　that　a　pay　raise　means　you　can　buy　a　larger　home　or　spend　more　is　the　foundation　of　todays　debt…ridden　society。　This　process　of　increased　spending　throws　families　into　greater　debt　and　into　more　financial　uncertainty；　even　though　they　may　be　advancing　in　their　jobs　and　receiving　pay　raises　on　a　regular　basis。　This　is　high　risk　living　caused　by　weak　financial　education。

The　massive　loss　of　jobs　in　the　1990s…the　downsizing　of　businesses…has　brought　to　light　how　shaky　the　middle　class　really　is　financially。　　Suddenly；　pany　pension　plans　are　being　replaced　by　401k　plans。　Social　Security　is　obviously　in　trouble　and　cannot　be　looked　at　as　a　source　for　retirement。　Panic　has　sei　in　for　the　middle　class。　The　good　thing　today　is　that　many　of　these　people　have　recognized　these　issues　and　have　begun　buying　mutual　funds。　This　increase　in　investing　is　largely　responsible　for　the　huge　rally　we　have　seen　in　the　stock　market。　Today；　there　are　more　and　more　mutual　funds　being　created　to　answer　the　demand　by　the　middle　class。

Mutual　funds　are　popular　because　they　represent　safety。　Average　mutual　fund　buyers　are　too　busy　working　to　pay　taxes　and　mortgages；　save　for　their　childrens　college　and　pay　off　credit　cards。　　They　do　not　have　time　to　study　to　learn　how　to　invest；　so　they　rely　on　the　expertise　of　the　manager　of　a　mutual　fund。　Also；　because　the　mutual　fund　includes　many　different　types　of　investments；　they　feel　their　money　is　safer　because　ii　is　〃diversified。〃

This　group　of　educated　middle　class　subscribes　to　the　〃diversify〃　dogma　put　out　by　mutual　fund　brokers　and　financial　planners。　　Play　it　safe。　Avoid　risk。

The　real　tragedy　is　that　the　lack　of　early　financial　education　is　what　creates　the　risk　faced　by　average　middle　class　people。　The　reason　they　have　to　play　it　safe　is　because　their　financial　positions　are　tenuous　at　best。　　Their　balance　sheets　are　not　balanced。　They　are　loaded　with　liabilities；　with　no　real　assets　that　generate　ine。　Typically；　their　only　source　of　ine　is　their　paycheck。　Their　livelihood　bees　entirely　dependent　on　their　employer。

So　when　genuine　〃deals　of　a　lifetime〃　e　along；　those　same　people　cannot　take　advantage　of　the　opportunity。　They　must　play　it　safe；　simply　because　they　are　working　so　hard；　are　taxed　to　the　max；　and　are　loaded　with　debt。

As　I　said　at　the　start　of　this　section；　the　most　important　rule　is　to　know　the　difference　between　an　asset　and　a　liability。　　Once　you　understand　the　difference；　concentrate　your　efforts　on　only　buying　ine…generating　assets。　　Thats　the　best　way　to　get　started　on　a　path　to　being　rich。　　Keep　doing　that；　and　your　asset　column　will　grow。　Focus　on　keeping　liabilities　and　expenses　down。　This　will　make　more　money　available　to　continue　pouring　into　the　asset　column。　Soon；　the　asset　base　will　be　so　deep　that　you　can　afford　to　look　at　more　speculative　investments。　　Investments　that　may　have　returns　of　100　percent　to　infinity。　Investments　that　for　5；000　are　soon　turned　into　1　million　or　more。　Investments　that　the　middle　class　calls　〃too　risky。〃　The　investment　is　not　risky。　　Its　the　lack　of　simple　financial　intelligence；　beginning　with　financial　literacy；　that　causes　the　individual　to　be　〃too　risky；〃

If　you　do　what　the　masses　do；　you　get　the　following　picture。

Ine　=　Work　for　Owner

Expense　=　Work　for　Government

Asset　=　（none）

Liability　=　Work　for　Bank

As　an　employee　who　is　also　a　homeowner；　your　working　efforts　are　generally　as　follows：

1。　You　work　for　someone　else。　　Most　people；　working　for　a　paycheck；　are　making　the　owner；　or　the　shareholders　richer。　Your　efforts　and　success　will　help　provide　for　the　owners　success　and　retirement。

2。　You　work　for　the　government。　The　government　takes　its　share　from　your　payc