Page 113 - Why We Want You To Be Rich - Donald Trump, Robert Kiyosaki.pdf

THERE Is A D IFFERENCE BEWEEN SAVERS AND INVESTORS I 107

SaveMoney

While I covered saving money in the last chapter, there are a few other
points that are worth mentioning.

The problem with savingmoney is that the current economic system
needs debtors, not savers, to expand.

Let me explain with the following diagram, as originally described
in RichDad Poor Dad:

' )
YOUR. FINANCIAL YOUR. BANK'S
STATFMENT FINANCIAL STATEMENT
INCOME INCOME

ExPENSfS ExPENSfS

AssETS LIABILITIES AssETS UABILmrs
Your Saving> YourDebt Your Deb« YourSaving>

~o
Take a moment to study this diagram. Your savings are a liability to
the bank even though those same savings are an asset to you. On
•......•' . ,, : the other hand, your debt is an asset to the bank, but it is your
t ;<
liability.

For our current economic system to keep growing, it needs smart
~... borrowers ... people who can borrow money and get richer, not
t ·~· people who borrow money and get poorer. Once again, the 90/10
10 percent ofthe borrowers in the world
rule of money applies -
use debt to get richer - 90 percent use debt to get poorer.
l_~...o..-_ Two ME N • ONE MESSAGE
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