Richdads-CASHFLOW-Quadrant-

CASHFLOW Quadrant
Spiritual Role Models
Both of my dads were spiritual men, but when it came to money
and spirituality, they had different points of view. For instance, they
interpreted the meaning behind, “The love of money is the root of all
evil” differently.
My highly educated, but poor, dad felt any desire to have more
money or to improve your financial position was wrong.
On the other hand, rich dad believed that temptation, greed, and
financial ignorance were wrong. In other words, rich dad did not think
money by itself was evil. He did believe that working all your life as a
slave to money was evil, and to be in financial slavery to personal
debt was evil.
My rich dad often had a way of converting religious teachings into
financial lessons, and I would like to share one of those lessons with
you now.
The Power of Temptation
Rich dad believed that individuals who worked hard, were
chronically in debt, and lived beyond their means were poor role
models for their children because they gave into temptation and greed.
He would often draw a diagram like the following and say, “And
lead us not into temptation,” as he pointed to the liability column.
Assets Liabilities Assets Liabi
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