Cash Flow Diagram

I think most people who have read Robert Kiyosaki’s books (‘Rich Dad Poor Dad’ being one of them) would be familiar with the Cash flow diagrams below.

Well, as highlighted by Robert, we should be focusing on increasing the amount of our assets. To populate the ‘Assets’ box with a long list of assets.

So I took some time off to think about my own cash flow diagram (see below).

Perhaps I can include my CPF and Unit trust funds in the Assets column … don’t think it will affect much. (But might make the list longer :p)

Property

Like I mentioned in a my previous post, I have thought about purchasing a second property. (read here).

When it comes to property, I feel like I am in the sandwich class. I have a fully paid HDB flat and will be turning 40 soon. My wife and …