Why Traditional Budgeting Keeps You Poor
Most people budget like this: Breakfast $5, Lunch $15, Subway $2... End of month: "Wow, I spent a lot." Solution: "Drink less coffee next month."
The problem? It focuses on Expenses, ignoring Assets.
Poor Mindset vs Rich Mindset
Robert Kiyosaki said in Rich Dad Poor Dad:
- The Poor focus on Income (Salary) and Expenses (Bills).
- The Rich focus on Assets (puts money in pocket) and Liabilities (takes money out).
Traditional apps just track how you get poor. You need a tool that builds your Balance Sheet.
Redefine Tracking
Rich Dad Finance Tracker isn't for saving pennies; it's for growing wealth. In the App, you track:
- Assets: Stocks, ETFs, Real Estate.
- Passive Income: Dividends, Rent, Royalties.
When you shift focus from "Saving $5" to "Adding $100 Passive Income," your journey to freedom begins.
#Rich Dad#Budgeting#Assets#Cashflow