What Schools Will Never Teach You About Money By Robert T. Kiyosaki

Assets
BALANCE SHEET
Liabilities
Income
Expenses
INCOME STATEMENT
2 Bd/1 Bath House
$25/month
1989
Assets
BALANCE SHEET
Liabilities
my focus
today
Income
Expenses
INCOME STATEMENT
i was taught to
focus here

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Chapter One
Unfair Advantage
53
52
Here is a snapshot of our asset column in 1994:
Financial freedom to Robert and me was not amassing millions of dollars 
in savings on which to live. It was simply to have the cash flow coming in 
every month from our investments, whether we worked or not. Our cash 
flow in 1994 was $10,000 per month. This was not mega-dollars, but 
our expenses at the time were only $3,000 per month. At that point, we 
were free. Our cash flow from our assets more than paid for our monthly 
expenses. It was at that moment that we had the luxury to ask ourselves, 
“What is it we really want to do with our lives?” Being able to ask that 
question, more than having the money, is true freedom.
Now our asset column looked like this:
Accomplishing that goal put us much closer to our main goal of being 
financially free by having the cash flow from our assets greater than our 
living expenses. This was now our next asset goal: to have more cash flow 
coming in to us from our assets than was going out in living expenses.
It took us three more years to reach that goal. 
Assets
BALANCE SHEET
Liabilities
Income
Expenses
INCOME STATEMENT
$2,300/month