Page 103 - Rich Dad's Increase Your Financial IQ: Get Smarter with Your Money
P. 103
Remember this: your asset column is your column. If you do not pay
yourself first, no one else will. Through your everyday expenses you and
God, if you believe in and tithe to God, determine your financial future.
Budget tip #3: My assets pay for my liabilities. My poor dad believed in
buying cheap. He thought being frugal was smart budgeting. We lived in an
average house in an average neighborhood. My rich dad loved luxury. He
lived in a fabulous home, in an affluent neighborhood, and lived an
abundant lifestyle. He did not like being cheap, although he was still careful
with his money.
If my poor dad wanted a luxury item, he simply denied himself the
luxury of owning. He said, “We can’t afford it.” If my rich dad wanted a
luxury item, he simply said, “How can I afford it?” And the way he

