Cstan98 Personal Finance Plan Template

<Source: Rich Dad's Guide To Investing by Robert T. Kyosaki with Sharon L. Lechter, book + Rich Dad's Cashflow Quadrant by Robert T. Kyosaki with Sharon L. Lechter, book + Rich Dad's Retire Young Retire Rich by Robert T. Kyosaki with Sharon L. Lechter, book + www.about.com on Frugal Living & on Investing For Beginners, internet.>

 

 

Cashflow Quadrant Status: Where Are You?

E: Employee

B: Business Owner with Systems

S: Self-Employed with Job

I: Investors

 

Think Everything In Financial Statements

Balance Sheet

Income

Liability

Expense

Asset

Liability

 

  • Choice Priority

    1. Rich.

    2. Secure.

    3. Comfortable.

     

  • Know

    1. Investment Products.

    2. Investment Procedures.

    3. Investment Plan.

    4. Asset Or Liability.

    5. Risk & Reward.

    Income

    1. Earned Income. Business

    2. Portfolio Income. Paper Assets.

    3. Passive Income. Real Estates.

     

  • Criteria

    1. Education.

    2. Experience.

    3. Excess Cash.

     

  • Plan

    1. Dream.

    2. Dedication.

    3. Drive.

    4. Data.

    5. Dollars.

     

  • 3 Steps Personal Finance Plan

    1. Mind Your Own Business.

    2. Take Control Of Cashflow.

    3. Know Difference Between Risk & Risky.

     

    Assets Tracking

     

    Business

    Workers

    Real Estates

    Dollars

    Shares

    2008

    1:how many

    1:how many

    1:how many

    1:how many

    1:how many

    2009

    1:how many

    1:how many

    1:how many

    1:how many

    1:how many

    2010

    1:how many

    1:how many

    1:how many

    1:how many

    1:how many

    2011

    1:how many

    1:how many

    1:how many

    1:how many

    1:how many

    2012

    1:how many

    1:how many

    1:how many

    1:how many

    1:how many

     

  • Robert T. Kyosaki Business Model

    1. Part-Time Business.

    2. Buying Foreclosure Houses.

    3. Buying Foreclosure Business.

    4. Creating Assets Without Money.

     

  • Retire With $6 Million

    1. Take $10,000 invest in blue chips companies.

    2. Reinvest the dividends.

    3. After 46 years, become $6 million like Warren Buffet.

     

  • Berkshire Hathaway Wealth Model

    1. Operating Business providing cashflows.

    2. Invest in cashflows in value stocks during downturn.

     

  • Frugal Living

    1. Create A Frugal Budget.

    2. Develop A Monthly Spending Plan.

    3. Set Financial Goals.

    4. Get Out Of Bad Debts.

    5. Cut Costs.

      1. On Household Expenses.

      2. On Electric Bills.

      3. On Water Bills.

      4. On Phone Bills.

      5. On Insurance Premium

      6. On Groceries Bills.

      7. On Entertainment Bills.

      8. On Shopping Bills.

      9. Being DIY.

     

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