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動 動 惱 , 想一想. Here is some cash flow information. One is from a rich man, the other is from a middle class man. Think about their financial situations in their future . Who is better?. A rich man’s accounts. Income & expenditure A/C. Balance Sheet. Income. Assets. Rental Income Bonus
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動 動 惱, 想一想 Here is some cash flow information. One is from a rich man, the other is from a middle class man. Think about their financial situations in their future. Who is better?
A rich man’s accounts Income & expenditure A/C BalanceSheet Income Assets Rental Income Bonus Interest House Investment Bank Expenditure Liabilities
Income > Expenditure The rich man is getting richer
A middle class man’s accounts Income & expenditure A/C BalanceSheet Income Assets Salary Expenditure Liabilities Mortgage payment Partial payment Credit Card payment Rent Other fixed expenditures Mortgage Hire Purchases Loan
Income < Expenditure The middle class man is getting poorer
If you want to retire from your work earlier, then think about it, i.e. How to balance your income & expenditure. Back