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"Who actually paid attention" - Rich Dad,Poor Dad Edition Flashcards | StudBud
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"Who actually paid attention" - Rich Dad,Poor Dad Edition
"Who actually paid attention" - Rich Dad,Poor Dad Edition
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#presentation #game
Flashcards
17 cards
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Practice quiz
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Questions
17
Answers
1
What is a true luxury?
A reward for investing in and developing a real asset
Mansion
Boat
Cars
2
What is the second lesson?
Why Teach Financial Literacy?
Buy lottery tickets
Go to business school
Don't invest your money
3
What is the fifth lesson?
Take money from the poor
The Rich Invent Money
Always ask for a promotion
Work for a really smart person
4
What is a Balance Sheet?
It is supposed to balance assets against liabilities
Pros and cons of a job
A balance of your income and expenses
A paper with a balance on it
5
When should a person buy luxuries?
Never
After they receive a paycheck
When a person generates enough extra cash flow to pay for it
Whenever they want
6
What is the sixth lesson?
Make friends with rich people
Work to Learn - Don't Work for Money
Don't pay your bills
Marry a rich person
7
How do rich people become rich?
Getting a good job working for somebody
Building their asset columns to produce money
Winning the lottery
Going to the best college
8
What is the first lesson that Kiyosaki's rich dad taught him?
Work hard
Go to the best college
Read as many books as you can
The Rich Don't Work for Money
9
Did Robert Kiyosaki follow the lessons of his rich dad or his poor dad?
Rich dad
Poor dad
Neither
Himself
10
How can you start making more money?
Get a better job
Win the lottery
Awaken your financial genius, take action, and find ideas
Ask for a raise
11
What is a liability?
Something that takes money out of your pocket
A boss
Something that puts money in your pocket
A bad job
12
What are capital gains?
A raise
A profit from the sale of property or an investment
Knowing the capitals of the states
Getting a new job
13
What is the third lesson?
Find a good and secure job
Save all of your money
Mind Your Own Business
Steal money
14
What is an asset?
A really good job
Something that puts money in your pocket
Money
Something that takes money out of your pocket
15
What is the fourth lesson?
Don't work
The History of Taxes and the Power of Corporations
Pay your taxes
Buy luxuries
16
What does it mean to be financially literate?
A salesman
Be a businessperson
Understanding money and how to read numbers
To know how to read
17
What is an Income Statement?
Paycheck
A piece of paper you must sign
All of the incomes of all of the employees in a business
Measures income and expenses