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Friday, May 24, 2019

Cash flow Part 1

Cash flow

If you are a student of commerce, you will have to read about cashflow in your college, but we mean cashflow in school only with the change in cash. But my favorite Writer Robot T. Kiosaki has explained many more to Cashflow in his book. He has explained that where a person uses his income, he is called cashflow. Some commonalities are found in the cashflow of each rich, every poor or every middle class person.explain


Cashflow of Poor Persons





















Poor people spend more than their income.
Similarly, in the cashflow of the middle class, they also spend more than their income. In reality, poor and middle-class people do not know how money is made from money.
                   
Cashflow of middle class persons.



The middle-class person uses their income in expenses, and after that, they are able to purchase the liability from the remaining income. Which increases their expenditure further.

Cashflow of Rich Persons


All this information has been taken from robot T. Keiosaki's book "Rich Dead Poor Dead". Click here to buy this book and read its eBook.


Click to read the second part of this blog



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