             ,,*APT] ,?REE
              ,LESSON TWO3
      ,:Y ,T1* ,F9ANCIAL ,LIT]ACY8

  ,:Y T1* A * F9ANCIAL LIT]ACY8
  ,9 #AIIJ1 MY BE/ FR1 ,MIKE1 TOOK OV] 8
"F'S EMPIRE & IS1 9 FACT1 DO+ A BETT]
JOB ?AN 8 DAD DID4 ,WE SEE EA* O!R ONCE
OR TWICE A YE> ON ! GOLF C\RSE4 ,HE & 8
WIFE >E W1L?I] ?AN Y CD IMAG9E4 ,RI*
DAD'S EMPIRE IS 9 GRT H&S1 & ,MIKE IS N[
GROOM+ 8 SON 6TAKE 8 PLACE1 Z 8 DAD _H
GROOM$ U4
  ,9 #AIID1 ,I RETIR$ AT ! AGE ( #DG1 &
MY WIFE1 ,KIM1 0 #CG4 ,RETIRE;T DOES N
M1N N "W+4 ,6MY WIFE & ME1 X M1NS T B>R+
UN=ESE5 CATACLYSMIC *ANGES1 WE C "W OR N
"W1 & \R W1L? GR[S AUTOMATIC,Y1 /AY+ WAY
AH1D ( 9FL,N4 ,I GUESS X M1NS FREEDOM4
,! ASSETS >E L>GE 5 6GR[ 0!MVS4 ,X'S L
PLANT+ A TREE4 ,Y WAT] X = YE>S & !N "O
"D X DOESN'T NE$ Y ANYMORE4 ,X'S ROOTS H
G"O D[N DEEP 5\<4 ,!N1 ! TREE PROVIDES
%ADE = YR 5JOY;T4
  ,MIKE *OSE 6RUN ! EMPIRE & ,I *OSE
6RETIRE4
  ,:5"E ,I SP1K 6GR\PS ( P1 !Y (T5 ASK
:AT ,I WD RECOMM5D OR :AT CD !Y D8 8,H[
D !Y GET />T$80 8,IS "! A GD BOOK ,I WD
RECOMM5D80 8,:AT %D !Y D 6PREP>E _! *N80
,8,:AT IS ! SECRET 6SU3ESS80 8,H[ D ,I
MAKE MILLIONS80 ,I AM ALW REM9D$ ( ?
>TICLE ,I 0 ONCE GIV54 ,X GOES Z FOLL[S4

    ,,! ,,RI*E/ ,,BUSI;SM5
  ,9 #AIBC A GR\P ( \R GRTE/ L1D]S &
RI*E/ BUSI;SM5 HELD A MEET+ AT !
,$GEWAT] ,B1* HOTEL 9 ,*ICAGO4 ,AM;G !M
7 ,*>LES ,S*WAB1 H1D (! L>GE/ 9DEP5D5T
/EEL -PANY2 ,SAMUEL ,9SULL1 PRESID5T (!
_W'S L>GE/ UTIL;Y2 ,H[>D ,HOPSON1 H1D (!
L>GE/ GAS -PANY2 ,IV> ,KREUG] PRESID5T (
! ,9T]N,NAL ,MAT* ,CO41 "O (! _W'S L>GE/
-PANIES AT T "T2 ,LEON ,FRAZI]1 PRESID5T
(! ,BANK ( ,9T]N,NAL ,SETTLE;TS2 ,RI*>D
,:ITNEY1 PRESID5T (! ,NEW ,YORK ,/OCK
,EX*ANGE2 ,>?UR ,COTTON & ,JESSE
,LIV]MORE1 TWO (! BI7E/ /OCK
SPECULATORS2 & ,ALB]T ,FALL1 A MEMB] (
,PRESID5T ,H>D+'S CAB9ET4 ,TW5TY FIVE
YE>S LAT] N9E ( !M 7^? LI/$ ABV7 5D$ Z
FOLL[S4 ,S*WAB DI$ P5NI.S AF LIV+ = FIVE
YE>S ON BORR[$ M"OY4 ,9SULL DI$ BROKE
LIV+ 9 A =EIGN L&4 ,KREUG] & ,COTTON AL
DI$ BROKE4 ,HOPSON W5T 9SANE4 ,:ITNEY &
,ALB]T ,FALL 7 J REL1S$ F PRISON4 ,FRAS]
& ,LIV]MORE -MITT$ SUICIDE4
  ,I D\BT IF ANY"O C SAY :AT RE,Y HAPP5$
6^! M54 ,IF Y LOOK AT ! DATE1 #AIBC1 X 0
J 2F ! #AIBI M>KET CRA% &! ,GRT
,DEPRES.N1 : ,I SUSPECT _H A GRT IMPACT
ON ^! M5 & _! LIVES4 ,! PO9T IS ?3 ,TD
WE LIVE 9 "TS ( GRT] & FA/] *ANGE ?AN ^!
M5 DID4 ,I SUSPECT "! W 2 _M BOOMS &
BU/S 9 ! NEXT #BE YE>S T W P>ALLEL ! UPS
& D[NS ^! M5 FAC$4 ,I AM 3C]N$ T TOO _M
P >E FOCUS$ TOO M* ON M"OY & N _! GRTE/
W1L?1 : IS _! $UC,N4 ,IF P >E PREP>$ 6BE
FLEXI#1 KEEP AN OP5 M9D & LE>N1 !Y W GR[
RI*] & RI*] "? ! *ANGES4 ,IF !Y ?9K M"OY
W SOLVE PRO#MS1 ,I AM AFRAID ^? P W H A
R\< RIDE4 ,9TELLIG;E SOLVES PRO#MS &
PRODUCES M"OY4 ,M"OY )\T F9ANCIAL
9TELLIG;E IS M"OY SOON G"O4
  ,MO/ P FAIL 6R1LIZE T 9 LIFE1 X'S N H[
M* M"OY Y MAKE1 X'S H[ M* M"OY Y KEEP4
,WE H ALL HE>D /ORIES ( LOTT]Y W9N]S :O
>E POOR1 !N SU45LY RI*1 !N POOR AG4 ,!Y
W9 MILLIONS & >E SOON BACK 6": !Y />T$4
,OR /ORIES ( PROFES.NAL A?LETES1 :O1 AT
! AGE ( #BD1 >E E>N+ MILLIONS ( DOLL>S A
YE>1 & >E SLEEP+ "U A BRIDGE 0AGE #CD4
,9 ! PAP] ? MORN+1 Z ,I WRITE ?1 "! IS A
/ORY (A "Y BASKETBALL PLAY] :O A YE> AGO
_H MILLIONS4 ,TD1 HE CLAIMS 8 FRS1
ATTORNEY & A3.TANT TOOK 8 M"OY1 & N[ HE
"WS AT A C> WA% = M9IMUM WAGE4 ,HE IS
ONLY #BI4 ,HE 0 FIR$ F ! C> WA% 2C HE
REFUS$ 6TAKE (F 8 *AMPION%IP R+ Z HE 0
WIP+ (F ! C>S1 S 8 /ORY MADE ! NEWSPAP]4
,HE IS APP1L+ 8 T]M9,N1 CLAIM+ H>D%IP &
4CRIM9,N & T ! R+ IS ALL HE HAS LEFT4
,HE CLAIMS T IF Y TAKE T AWAY1 HE'LL
CRUM#4
  ,9 #AIIG1 ,I "K S _M P :O >E 2COM+
9/ANT MILLIONAIRES4 ,X'S ! ,RO>+ #'BJ'S
"O M "T4 ,& :ILE ,I AM GLAD P H BE5
GETT+ RI*] & RI*]1 ,I ONLY CAU;N T 9 !
L;G RUN1 X'S N H[ M* Y MAKE1 X'S H[ M* Y
KEEP1 & H[ _M G5],NS Y KEEP X4
  ,S :5 P ASK1 8,": D ,I GET />T$80 OR
8,TELL ME H[ 6GET RI* QK10 !Y (T5 >E
GRTLY 4APPO9T$ ) MY ANSW]4 ,I SIMPLY SAY
6!M :AT MY RI* DAD SD BACK 6ME :5 ,I 0 A
LL KID4 8,IF Y WANT 6BE RI*1 Y NE$ 6BE
F9ANCI,Y LIT]ATE40
  ,T IDEA 0 DRUMM$ 96MY H1D E "T WE 7
TGR4 ,Z ,I SD1 MY $UCAT$ DAD /RESS$ !
IMPORT.E ( R1D+ BOOKS1 :ILE MY RI* DAD
/RESS$ ! NE$ 6MA/] F9ANCIAL LIT]ACY4
  ,IF Y >E GO+ 6BUILD ! ,EMPIRE ,/ATE
,BUILD+1 ! F/ ?+ Y NE$ 6D IS DIG A DEEP
HOLE & P\R A /R;G F.D,N4 ,IF Y >E GO+
6BUILD A HOME 9 ! SUBURBS1 ALL Y NE$ 6D
IS P\R A #F-9* SLAB ( 3CRETE4 ,MO/ P1 9
_! DRIVE 6GET RI*1 >E TRY+ 6BUILD AN
,EMPIRE ,/ATE ,BUILD+ ON A #F-9* SLAB4
  ,\R S*OOL SY/EM1 HAV+ BE5 CR1T$ 9 !
,AGR>IAN ,AGE1 / 2LIEVES 9 HOMES ) NO
F.D,N4 ,DIRT FLOORS >E / ! RAGE4 ,S KIDS
GRADUATE F S*OOL ) VIRTU,Y NO F9ANCIAL
F.D,N4 ,"O "D1 SLEEP.S & DEEP 9 DEBT 9
SUBURBIA1 LIV+ ! ,AM]ICAN ,DR1M1 !Y
DECIDE T ! ANSW] 6_! F9ANCIAL PRO#MS IS
6F9D A WAY 6GET RI* QK4
  ,3/RUC;N ON ! SKYSCRAP] 2G9S4 ,X GOES
UP QKLY1 & SOON1 9/1D (! ,EMPIRE ,/ATE
,BUILD+1 WE H ! ,L1N+ ,T[] ( ,SUBURBIA4
,! SLEEP.S NI<TS RETURN4
  ,Z = ,MIKE & ME 9 \R ADULT YE>S1 BO? (
\R *OICES 7 POSSI# 2C WE 7 TAU<T 6P\R A
/R;G F9ANCIAL F.D,N :5 WE 7 J KIDS4
  ,N[1 A3.T+ IS POSSIBLY ! MO/ BOR+
SUBJECT 9 ! _W4 ,X AL CD 2 ! MO/ 3FUS+4
,B IF Y WANT 6BE RI*1 L;G T]M1 X CD 2 !
MO/ IMPORTANT SUBJECT4 ,! "Q IS1 H[ D Y
TAKE A BOR+ & 3FUS+ SUBJECT & T1* X
6KIDS8 ,! ANSW] IS1 MAKE X SIMPLE4 ,T1*
X F/ 9 PICTURES4
  ,MY RI* DAD P\R$ A /R;G F9ANCIAL F.D,N
= ,MIKE & ME4 ,S9CE WE 7 J KIDS1 HE
CR1T$ A SIMPLE WAY 6T1* U4 ,= YE>S HE
ONLY DREW PICTURES & US$ ^WS4 ,MIKE & ,I
"U/OOD ! SIMPLE DRAW+S1 ! J>GON1 !
MOVE;T ( M"OY1 & !N 9 LAT] YE>S1 RI* DAD
2GAN A4+ NUMB]S4 ,TD1 ,MIKE HAS G"O ON
6MA/] M* M -PLEX & SOPHI/ICAT$ A3.T+
ANALYSIS 2C HE HAS _H TO4 ,HE HAS A
BILLION-DOLL> EMPIRE 6RUN4 ,I AM N Z
SOPHI/ICAT$ 2C MY EMPIRE IS SMALL]1 YET
WE -E F ! SAME SIMPLE F.D,N4 ,9 ! FOLL[+
PAGES1 ,I (F] 6Y ! SAME SIMPLE L9E
DRAW+S ,MIKE'S DAD CR1T$ = U4 ,?\<
SIMPLE1 ^? DRAW+S HELP$ GUIDE TWO LL
BOYS 9 BUILD+ GRT SUMS ( W1L? ON A SOLID
& DEEP F.D,N4
  ,RULE ,"O4 ,Y M/ "K ! DI6];E 2T AN
ASSET &A LIABIL;Y1 & BUY ASSETS4 ,IF Y
WANT 6BE RI*1 ? IS ALL Y NE$ 6"K4 ,X IS
,RULE ,NO4 #A4 ,X IS ! ONLY RULE4 ,? MAY
S.D ABSURDLY SIMPLE1 B MO/ P H NO IDEA
H[ PROF.D ? RULE IS4 ,MO/ P /RU7LE
F9ANCI,Y 2C !Y D N "K ! DI6];E 2T AN
ASSET &A LIABIL;Y4
  8,RI* P ACQUIRE ASSETS4 ,! POOR &
MI4LE CLASS ACQUIRE LIABILITIES1 B !Y
?9K !Y >E ASSETS0
  ,:5 RI* DAD EXPLA9$ ? 6,MIKE & ME1 WE
?"\ HE 0 KI4+4 ,"H WE W]E1 NE>LY TE5AG]S
& WAIT+ =! SECRET 6GETT+ RI*1 & ? 0 8
ANSW]4 ,X 0 S SIMPLE T WE _H 6/OP =A L;G
"T 6?9K AB X4
  8,:AT IS AN ASSET80 ASK$ ,MIKE4
  8,DON'T WORRY "R N[10 SD RI* DAD4 8,J
LET ! IDEA S9K IN4 ,IF Y C -PREH5D !
SIMPLIC;Y1 YR LIFE W H A PLAN & 2
F9ANCI,Y EASY4 ,X IS SIMPLE2 T IS :Y !
IDEA IS MISS$40
  8,Y M1N ALL WE NE$ 6"K IS :AT AN ASSET
IS1 ACQUIRE !M & WE'LL 2 RI*80 ,I ASK$4
  ,RI* DAD NO4$ 8 H1D4 8,X'S T SIMPLE40
  8,IF X'S T SIMPLE1 H[ -E "EY"O IS N
RI*80 ,I ASK$4
  ,RI* DAD SMIL$4 8,2C P D N "K ! DI6];E
2T AN ASSET &A LIABIL;Y40
  ,I REMEMB] ASK+1 8,H[ CD ADULTS 2 S
SILLY4 ,IF X IS T SIMPLE1 IF X IS T
IMPORTANT1 :Y WD "EY"O N WANT 6F9D \80
  ,X TOOK \R RI* DAD ONLY A FEW M9UTES
6EXPLA9 :AT ASSETS & LIABILITIES W]E4
  ,Z AN ADULT1 ,I H DI6ICULTY EXPLA9+ X
6O!R ADULTS4 ,:Y8 ,2C ADULTS >E SM>T]4
,9 MO/ CASES1 ! SIMPLIC;Y (! IDEA
ESCAPES MO/ ADULTS 2C !Y H BE5 $UCAT$
DI6]5TLY4 ,!Y H BE5 $UCAT$ 0O!R $UCAT$
PROFES.NALS1 S* Z BANK]S1 A3.TANTS1 R1L
E/ATE AG5TS1 F9ANCIAL PLANN]S1 & S =?4
,! DI6ICULTY -ES 9 ASK+ ADULTS 6UNLE>N1
OR 2COME *N AG4 ,AN 9TELLIG5T ADULT (T5
FEELS X IS DEM1N+ 6PAY ATT5;N 6SIMPLI/IC
DEF9I;NS4
  ,RI* DAD 2LIEV$ 9 ! ,,KISS PR9CIPLE-
8,KEEP ,X ,SIMPLE ,/UPID0-S HE KEPT X
SIMPLE = TWO "Y BOYS1 & T MADE !
F9ANCIAL F.D,N /R;G4
  ,S :AT CAUSES ! 3FU.N8 ,OR H[ CD "S?+
S SIMPLE 2 S SCREW$ UP8 ,:Y WD "S"O BUY
AN ASSET T 0 RE,Y A LIABIL;Y4 ,! ANSW]
IS F.D 9 BASIC $UC,N4
  ,WE FOCUS ON ! ^W 8LIT]ACY0 & N
8F9ANCIAL LIT]ACY40 ,:AT DEF9ES "S?+ 6BE
AN ASSET1 OR "S?+ 6BE A LIABIL;Y >E N
^WS4 ,9 FACT1 IF Y RE,Y WANT 6BE 3FUS$1
LOOK UP ! ^WS 8ASSET0 & 8LIABIL;Y0 9 !
DIC;N>Y4 ,I "K ! DEF9I;N MAY S.D GD 6A
TRA9$ A3.TANT1 B =! AV]AGE P]SON X MAKES
NO S5SE4 ,B WE ADULTS >E (T5 TOO PR\D
6ADMIT T "S?+ DOES N MAKE S5SE4
  ,Z "Y BOYS1 RI* DAD SD1 8,:AT DEF9ES
AN ASSET IS N ^WS B NUMB]S4 ,& IF Y _C
R1D ! NUMB]S1 Y _C TELL AN ASSET F A
HOLE 9 ! GR.D40
  8,IN A3.T+10 RI* DAD WD SAY1 8X'S N !
NUMB]S1 B :AT ! NUMB]S >E TELL+ Y4 ,X'S
J L ^WS4 ,X'S N ! ^WS1 B ! /ORY ! ^WS >E
TELL+ Y4
  ,_M P R1D1 B D N "U/& M*4 ,X'S CALL$
R1D+ -PREH5.N4 ,& WE ALL H DI6]5T
ABILITIES :5 X -ES 6R1D+ -PREH5.N4 ,=
EXAMPLE1 ,I REC5TLY B"\ A NEW ,,VCR4 ,X
CAME ) AN 9/RUC;N BOOK T EXPLA9$ H[
6PROGRAM ! ,,VCR4 ,ALL ,I WANT$ 6D 0
RECORD MY FAVORITE ,,TV %[ ON ,FRI"D
NI<T4 ,I NE>LY W5T CRAZY TRY+ 6R1D !
MANUAL4 ,NO?+ 9 MY _W IS M -PLEX ?AN
LE>N+ H[ 6PROGRAM MY ,,VCR4 ,I CD R1D !
^WS1 B ,I "U/OOD NO?+4 ,I GET AN ;,A =
RECOGNIZ+ ! ^WS4 ,I GET AN ;,F =
-PREH5.N4 ,& S X IS ) F9ANCIAL /ATE;TS =
MO/ P4
  8,IF Y WANT 6BE RI*1 Y'VE GOT 6R1D &
"U/& NUMB]S40 ,IF ,I HE>D T ONCE1 ,I
HE>D X A ?\S& "TS F MY RI* DAD4 ,& ,I AL
HE>D1 8,! RI* ACQUIRE ASSETS &! POOR &
MI4LE CLASS ACQUIRE LIABILITIES40
  ,"H IS H[ 6TELL ! DI6];E 2T AN ASSET &
A LIABIL;Y4 ,MO/ A3.TANTS & F9ANCIAL
PROFES.NALS D N AGREE )! DEF9I;NS1 B ^!
SIMPLE DRAW+S 7 ! />T ( /R;G F9ANCIAL
F.D,NS = TWO "Y BOYS4
  ,6T1* PRE-TE5 BOYS1 RI* DAD KEPT "EY?+
SIMPLE1 US+ Z _M PICTURES Z POSSI#1 Z
FEW ^WS Z POSSI#1 & NO NUMB]S = YE>S4

     ,7,,SCANN]'S ,,NOTE3 ,,REMOV$
              ,,GRAPHIC7'

  8,? IS ! ,CA% ,FL[ PATT]N ( AN ASSET40
  ,! ABV BOX IS AN ,9COME ,/ATE;T1 (T5
CALL$ A ,PR(IT & ,LOSS ,/ATE;T4 ,X
M1SURES 9COME & EXP5SES4 ,M"OY 9 OR M"OY
\1 ,! BOTTOM DIAGRAM IS ! ,BAL.E ,%EET4
,X IS CALL$ T 2C X IS SUPPOS$ 6BAL.E
ASSETS AG/ LIABILITIES4 ,_M F9ANCIAL
NOVICES D N "K ! REL,N%IP 2T ! ,9COME
,/ATE;T &! ,BAL.E ,%EET4 ,T REL,N%IP IS
VITAL 6"U/&4
  ,! PRIM>Y CAUSE ( F9ANCIAL /RU7LE IS
SIMPLY N "K+ ! DI6];E 2T AN ASSET &A
LIABIL;Y4 ,! CAUSE (! 3FU.N IS F.D 9 !
DEF9I;N (! TWO ^WS4 ,IF Y WANT A LESSON
9 3FU.N1 SIMPLY LOOK UP ! ^WS 8ASSET0 &
8LIABIL;Y0 9 ! DIC;N>Y4
  ,N[ X MAY MAKE S5SE 6TRA9$ A3.TANTS1 B
6! AV]AGE P]SON1 X MAY Z WELL 2 WRITT5 9
,M&>94 ,Y R1D ! ^WS 9 ! DEF9I;N1 B TRUE
-PREH5.N IS DI6ICULT4
  ,S Z ,I SD E>LI]1 MY RI* DAD SIMPLY
TOLD TWO "Y BOYS T 8ASSETS PUT M"OY 9 YR
POCKET40 ,NICE1 SIMPLE & USA#4

     ,7,,SCANN]'S ,,NOTE3 ,,GRAPHIC
               ,,REMOV$7'

  8,? IS ,CA% ,FL[ PATT]N (A LIABIL;Y40
  ,N[ T ASSETS & LIABILITIES H BE5 DEF9$
"? PICTURES1 X MAY 2 EASI] 6"U/& MY
DEF9I;NS 9 ^WS4
  ,AN ASSET IS "S?+ T PUTS M"OY 9 MY
POCKET4
  ,A LIABIL;Y IS "S?+ T TAKES M"OY \ (
MY POCKET4
  ,? IS RE,Y ALL Y NE$ 6"K4 ,IF Y WANT
6BE RI*1 SIMPLY SP5D YR LIFE BUY+
ASSETS4 ,IF Y WANT 6BE POOR OR MI4LE
CLASS1 SP5D YR LIFE BUY+ LIABILITIES4
,X'S N "K+ ! DI6];E T CAUSES MO/ (!
F9ANCIAL /RU7LE 9 ! R1L _W4
  ,ILLIT]ACY1 BO? 9 ^WS & NUMB]S1 IS !
F.D,N ( F9ANCIAL /RU7LE4 ,IF P >E HAV+
DI6ICULTIES F9ANCI,Y1 "! IS "S?+ T !Y _C
R1D1 EI 9 NUMB]S OR ^WS4 ,"S?+ IS
MIS"U/OOD4 ,! RI* >E RI* 2C !Y >E M
LIT]ATE 9 DI6]5T >1S ?AN P :O /RU7LE
F9ANCI,Y4 ,S IF Y WANT 6BE RI* & MA9TA9
YR W1L?1 X'S IMPORTANT 6BE F9ANCI,Y
LIT]ATE1 9 ^WS Z WELL Z NUMB]S4
  ,! >R[S 9 ! DIAGRAMS REPRES5T ! FL[ (
CA%1 OR 8CA% FL[40 ,NUMB]S AL"O RE,Y M1N
LL4 ,J Z ^WS AL"O M1N LL4 ,X'S ! /ORY T
C.TS4 ,9 F9ANCIAL REPORT+1 R1D+ NUMB]S
IS LOOK+ =! PLOT1 ! /ORY4 ,! /ORY ( ": !
CA% IS FL[+4 ,9 #HJ P]C5T ( MO/
FAMILIES1 ! F9ANCIAL /ORY IS A /ORY (
"W+ H>D 9 AN EF=T 6GET AH1D4 ,N 2C
!Y DON'T MAKE M"OY4 ,B 2C !Y SP5D _!
LIVES BUY+ LIABILITIES 9/1D ( ASSETS4

     ,7,,SCANN]'S ,,NOTE3 ,,REMOV$
              ,,GRAPHIC7'

  ,= 9/.E1 ? IS ! CA%-FL[ PATT]N (A POOR
P]SON1 OR A "Y P]SON / AT HOME3

     ,7,,SCANN]'S ,,NOTE3 ,,GRAPHIC
               ,,REMOV$7'

  ,? IS ! CA%-FL[ PATT]N (A P]SON 9 !
MI4LE CLASS3

     ,7,,SCANN]'S ,,NOTE3 ,,REMOV$
              ,,GRAPHIC7'

  ,? IS ! CA%-FL[ PATT]N (A W1L?Y P]SON3
  ,ALL ( ^! DIAGRAMS 7 OBVI\SLY
OV]SIMPLIFI$4 ,"EY"O HAS LIV+ EXP5SES1 !
NE$ = FOOD1 %ELT] & CLO?+4
  ,! DIAGRAMS %[ ! FL[ ( CA% "? A POOR1
MI4LE-CLASS OR W1L?Y P]SON'S LIFE4 ,X IS
! CA% FL[ T TELLS ! /ORY4 ,X IS ! /ORY (
H[ A P]SON H&LES _! M"OY1 :AT !Y D AF !Y
GET ! M"OY 9 _! H&4
  ,! R1SON ,I />T$ )! /ORY (! RI*E/ M5 9
,AM]ICA IS 6ILLU/RATE ! FLAW 9 ! ?9K+ (
S _M P4 ,! FLAW IS T M"OY W SOLVE ALL
PRO#MS4 ,T IS :Y ,I CR+E :5"E ,I HE> P
ASK ME H[ 6GET RI* QK]4 ,OR ": D !Y />T8
,I (T5 HE>1 8,I'M 9 DEBT S ,I NE$ 6MAKE
M M"OY4
  ,B M M"OY W (T5 N SOLVE ! PRO#M2 9
FACT1 X MAY ACTU,Y A3EL]ATE ! PRO#M4
,M"OY (T5 MAKES OBVI\S \R TRAGIC HUMAN
FLAWS4 ,M"OY (T5 PUTS A SPOTLI<T ON :AT
WE D N "K4 ,T IS :Y1 ALL TOO (T51 A
P]SON :O -ES 96A SU45 W9DFALL ( CA%-
LET'S SAY AN 9H]IT.E1 A PAY RAISE OR
LOTT]Y W9N+S-SOON RETURNS 6! SAME
F9ANCIAL MESS1 IF N WORSE ?AN ! MESS !Y
7 9 2F !Y RCVD ! M"OY4 ,M"OY ONLY
A35TUATES ! CA%-FL[ PATT]N RUNN+ 9 YR
H1D4 ,IF YR PATT]N IS 6SP5D "EY?+ Y GET1
MO/ LIKELY AN 9CR1SE 9 CA% W J RESULT 9
AN 9CR1SE 9 SP5D+4 ,?US1 ! SAY+1 8,A
FOOL & 8 M"OY IS "O BIG "PY40
  ,I H SD _M "TS T WE G 6S*OOL 6GA9
S*OLA/IC SKILLS & PROFES.NAL SKILLS1 BO?
IMPORTANT4 ,WE LE>N 6MAKE M"OY ) \R
PROFES.NAL SKILLS4 ,9 ! #AIFJ'S1 :5 ,I 0
9 HI< S*OOL1 IF "S"O DID WELL 9 S*OOL
ACADEMIC,Y1 ALM IMMLY P ASSUM$ ? B"R
/UD5T WD G ON 6BE A M$ICAL DOCTOR4 ,(T5
NO "O ASK$ ! * IF !Y WANT$ 6BE A DOCTOR4
,X 0 ASSUM$4 ,X 0 ! PROFES.N )! PROMISE
(! GRTE/ F9ANCIAL REW>D4
  ,TD1 DOCTORS >E FAC+ F9ANCIAL *ALL5GES
,I WD N WI% ON MY WOR/ 5EMY3 9SUR.E
-PANIES TAK+ 3TROL (! BUSI;S1 MANAG$
H1L? C>E1 GOV]N;T 9T]V5;N1 & MALPRACTICE
SUITS1 6"N A FEW4 ,TD1 KIDS WANT 6BE
BASKETBALL />S1 GOLF]S L ,TIG] ,WOODS1
-PUT]1 N]DS1 MOVIE />S1 ROCK />S1 B1UTY
QUE5S1 OR TRAD]S ON ,WALL ,/REET4
,SIMPLY 2C T IS ": ! FAME1 M"OY &
PRE/IGE IS4 ,T IS ! R1SON X IS S H>D
6MOTIVATE KIDS 9 S*OOL TD4 ,!Y "K T
PROFES.NAL SU3ESS IS NO L;G] SOLELY L9K$
6ACADEMIC SU3ESS1 Z X ONCE WAS4
  ,2C /UD5TS L1VE S*OOL )\T F9ANCIAL
SKILLS1 MILLIONS ( $UCAT$ P PURSUE _!
PROFES.N SU3ESS;LLY1 B LAT] F9D !MVS
/RU7L+ F9ANCI,Y4 ,!Y "W H>D]1 B DON'T
GET AH1D4 ,:AT IS MISS+ F _! $UC,N IS N
H[ 6MAKE M"OY1 B H[ 6SP5D M"OY-:AT 6D AF
Y MAKE X4 ,X'S CALL$ F9ANCIAL APTITUDE-
:AT Y D )! M"OY ONCE Y MAKE X1 H[ 6KEEP
P F TAK+ X F Y1 H[ L;G Y KEEP X1 & H[
H>D T M"OY "WS = Y4 ,MO/ P _C TELL :Y !Y
/RU7LE F9ANCI,Y 2C !Y DON'T "U/& CA%
FL[4 ,A P]SON C 2 HI<LY $UCAT$1
PROFES.N,Y SU3ESS;L & F9ANCI,Y
ILLIT]ATE4 ,^! P (T5 "W H>D] ?AN !Y NE$
62C !Y LE>N$ H[ 6"W H>D1 B N H[ 6H _!
M"OY "W = !M4

    ,! /ORY ( H[ ! QUE/ =A ,F9ANCIAL
    ,DR1M TURNS 96A F9ANCIAL NI<TM>E
  ,! MOV+-PICTURE %[ ( H>D-"W+ P HAS A
SET PATT]N4 ,REC5TLY M>RI$1 ! HAPPY1
HI<LY $UCAT$ "Y C\PLE MOVE 9 TGR1 9 "O (
_! CRAMP$ R5T$ A"P;TS4 ,IMMLY1 !Y R1LIZE
T !Y >E SAV+ M"OY 2C TWO C LIVE Z *1PLY
Z "O4 ,! PRO#M IS1 ! A"P;T IS CRAMP$4
,!Y DECIDE 6SAVE M"OY 6BUY _! DR1M HOME
S !Y C H KIDS4 ,!Y N[ H TWO 9COMES1 & !Y
2G9 6FOCUS ON _! C>E]S4
  ,_! 9COMES 2G9 69CR1SE4
  ,Z _! 9COMES G UP '''
  ,! ,NO4 #A EXP5SE = MO/ P IS TAXES4
,_M P ?9K X'S 9COME TAX1 B = MO/
,AM]ICANS _! HI<E/ TAX IS ,SOCIAL
,SECUR;Y4 ,Z AN EMPLOYEE1 X APPE>S Z IF
! ,SOCIAL ,SECUR;Y TAX -B9$ )! ,M$IC>E
TAX RATE IS R\<LY #G.E P]C5T1 B X'S RE,Y
#AE P]C5T S9CE ! EMPLOY] M/ MAT* !
,SOCIAL ,SECUR;Y AM.T4 ,9 ESS;E1 X IS
M"OY ! EMPLOY] _C PAY Y4 ,ON TOP ( T1 Y
/ H 6PAY 9COME TAX ON ! AM.T DEDUCT$ F
YR WAGES = ,SOCIAL ,SECUR;Y TAX1 9COME Y
N"E RCV 2C X W5T DIRECTLY 6,SOCIAL
,SECUR;Y "? )HOLD+4

     ,7,,SCANN]'S ,,NOTE3 ,,REMOV$
              ,,GRAPHIC7'

  ,? IS BE/ DEMON/RAT$ 0GO+ BACK 6! "Y
C\PLE4 ,Z A RESULT ( _! 9COMES GO+ UP1
!Y DECIDE 6G \ & BUY ! H\SE ( _! DR1MS4
,ONCE 9 _! H\SE1 !Y H A NEW TAX1 CALL$
PROP]TY TAX4 ,!N1 !Y BUY A NEW C>1 NEW
FURNITURE & NEW APPLI.ES 6MAT* _! NEW
H\SE4 ,ALL (A SU451 !Y WAKE UP & _!
LIABILITIES COLUMN IS FULL ( MORTGAGE
DEBT & CR$IT-C>D DEBT4
  ,!Y'RE N[ TRAPP$ 9 ! RAT RACE4 ,A *
-ES AL;G4 ,!Y "W H>D]4 ,! PROCESS REP1TS
XF4 ,M M"OY & HI<] TAXES1 AL CALL$
BRACKET CREEP4 ,A CR$IT C>D -ES 9 !
MAIL4 ,!Y USE X4 ,X MAXES \4 ,A LOAN
-PANY CALLS & SAYS _! GRTE/ 8ASSET10 _!
HOME1 HAS APPRECIAT$ 9 VALUE4 ,! -PANY
(F]S A 8BILL 3SOLID,N0 LOAN1 2C _! CR$IT
IS S GD1 & TELLS !M ! 9TELLIG5T ?+ 6D IS
CLE> (F ! HI<-9T]E/ 3SUM] DEBT 0PAY+ (F
_! CR$IT C>D4 ,& 2SS1 9T]E/ ON _! HOME
IS A TAX DEDUC;N4 ,!Y G = X1 & PAY (F ^?
HI<-9T]E/ CR$IT C>DS4 ,!Y BR1! A SI< (
RELIEF4 ,_! CR$IT C>DS >E PD (F4 ,!Y'VE
N[ FOLD$ _! 3SUM] DEBT 96_! HOME
MORTGAGE4 ,_! PAY;TS G D[N 2C !Y EXT5D
_! DEBT OV] #CJ YE>S4 ,X IS ! SM>T ?+
6D4
  ,_! NEI<BOR CALLS 69VITE !M 6G %OPP+-!
,MEMORIAL ,"D SALE IS ON4 ,A *.E 6SAVE
"S M"OY4 ,!Y SAY 6!MVS1 8,I WON'T BUY
ANY?+4 ,I'LL J G LOOK40 ,B J 9 CASE !Y
F9D "S?+1 !Y TUCK T CL1N CR$IT C>D 9SIDE
_! WALLET4
  ,I RUN 96? "Y C\PLE ALL ! "T4 ,_! "NS
*ANGE1 B _! F9ANCIAL DILEMMA IS ! SAME4
,!Y -E 6"O ( MY TALKS 6HE> :AT ,I H
6SAY4 ,!Y ASK ME1 8,C Y TELL U H[ 6MAKE
M M"OY80 ,_! SP5D+ HABITS H CAUS$ !M
6SEEK M 9COME4
  ,!Y DON'T EV5 "K T ! TR\# IS RE,Y H[
!Y *OOSE 6SP5D ! M"OY !Y D H1 & T IS !
R1L CAUSE ( _! F9ANCIAL /RU7LE4 ,X IS
CAUS$ 0F9ANCIAL ILLIT]ACY & N "U/&+ !
DI6];E 2T AN ASSET &A LIABIL;Y4
  ,M M"OY SELDOM SOLVES "S"O'S M"OY
PRO#MS4 ,9TELLIG;E SOLVES PRO#MS4 ,"! IS
A SAY+ A FR ( M9E SAYS OV] & OV] 6P 9
DEBT4
  8,IF Y F9D YRF 9 A HOLE ''' /OP DI7+40
  ,Z A *1 MY DAD (T5 TOLD U T !
,JAPANESE 7 AW>E ( ?REE P[]S3 8,! P[] (!
SWORD1 ! JEWEL &! MIRROR40
  ,! SWORD SYMBOLIZES ! P[] ( W1PONS4
,AM]ICA HAS SP5T TRILLIONS ( DOLL>S ON
W1PONS &1 2C ( ?1 IS ! SUPREME MILIT>Y
PRES;E 9 ! _W4
  ,! JEWEL SYMBOLIZES ! P[] ( M"OY4 ,"!
IS "S DEGREE ( TRU? 6! SAY+1 8,REMEMB] !
GOLD5 RULE4 ,HE :O HAS ! GOLD MAKES !
RULES40
  ,! MIRROR SYMBOLIZES ! P[] ( SELF-K4
,? SELF-K1 AC 6,JAPANESE LEG5D1 0 ! MO/
TR1SUR$ (! ?REE4
  ,! POOR & MI4LE CLASS ALL TOO (T5 ALL[
! P[] ( M"OY 63TROL !M4 ,0SIMPLY GETT+
UP & "W+ H>D]1 FAIL+ 6ASK !MVS IF :AT !Y
D MAKES S5SE1 !Y %OOT !MVS 9 ! FOOT Z !Y
L1VE = "W E MORN+4 ,0N FULLY "U/&+ M"OY1
! VA/ MAJOR;Y ( P ALL[ ! AWE"S P[] (
M"OY 63TROL !M4 ,! P[] ( M"OY IS US$ AG/
!M4
  ,IF !Y US$ ! P[] (! MIRROR1 !Y WD H
ASK$ !MVS1 8,DOES ? MAKE S5SE80 ,ALL TOO
(T51 9/1D ( TRU/+ _! 9N] WISDOM1 T G5IUS
9SIDE ( !M1 MO/ P G AL;G )! CR[D4 ,!Y D
?+S 2C "EYBODY ELSE DOES X4 ,!Y 3=M R
?AN "Q4 ,(T51 !Y M9D.SLY REP1T :AT !Y H
BE5 TOLD4 ,ID1S S* Z 8DIV]SIFY0 OR 8YR
HOME IS AN ASSET40 8,YR HOME IS YR BI7E/
9VE/;T40 8,Y GET A TAX BR1K = GO+ 96GRT]
DEBT40 8,GET A SAFE JOB40 8,DON'T MAKE
MISTAKES40 8,DON'T TAKE RISKS40
  ,X IS SD T ! FE> ( PUBLIC SP1K+ IS A
FE> GRT] ?AN D1? = MO/ P4 ,AC
6PSY*IATRI/S1 ! FE> ( PUBLIC SP1K+ IS
CAUS$ 0! FE> ( O/RACISM1 ! FE> ( /&+ \1
! FE> ( CRITICISM1 ! FE> ( RIDICULE1 !
FE> ( 2+ AN \TCA/4 ,! FE> ( 2+ DI6]5T
PREV5TS MO/ P F SEEK+ NEW WAYS 6SOLVE _!
PRO#MS4 ;,S ,T IS :Y MY $UCAT$ DAD SD !
,JAPANESE VALU$ ! P[] (! MIRROR ! MO/1 =
X IS ONLY :5 WE Z HUMANS LOOK 96! MIRROR
D WE F9D TRU?4 ,&! MA9 R1SON T MO/ P SAY
8,PLAY X SAFE0 IS \ ( FE>4 ,T GOES =
ANY?+1 2 X SPORTS1 REL,N%IPS1 C>E]1
M"OY4
  ,X IS T SAME FE>1 ! FE> ( O/RACISM T
CAUSES P 63=M & N "Q -MONLY A3EPT$
OP9IONS OR POPUL> TR5DS4 8,YR HOME IS AN
ASSET40 8,GET A BILL 3SOLID,N LOAN & GET
\ ( DEBT40 8,"W H>D]40 8,X'S A PROMO;N40
8,"S"D ,I'LL 2 A VICE PRESID5T40 8,SAVE
M"OY40 8,:5 ,I GET A RAISE1 ,I'LL BUY U
A BI7] H\SE40 8,MUTUAL FUNDS >E SAFE40
8,TICKLE ,ME ,ELMO DOLLS >E \ ( /OCK1 B
,I J HAPP5 6H "O 9 BACK T ANO!R CU/OM]
HAS N -E 0= YET40
  ,_M GRT F9ANCIAL PRO#MS >E CAUS$ 0GO+
AL;G )! CR[D & TRY+ 6KEEP UP )! ,J"OSES4
,O3A.N,Y1 WE ALL NE$ 6LOOK 9 ! MIRROR &
2 TRUE 6\R 9N] WISDOM R ?AN \R FE>S4
  ,0! "T ,MIKE & ,I 7 #AF YE>S OLD1 WE
2GAN 6H PRO#MS 9 S*OOL4 ,WE 7 N BAD
KIDS4 ,WE J 2GAN 6SEP>ATE F ! CR[D4 ,WE
"W$ = ,MIKE'S DAD AF S*OOL & ON !
WEEK5DS4 ,MIKE & ,I (T5 SP5T H\RS AF "W
J SITT+ AT A TA# ) 8 DAD :ILE HE HELD
MEET+S ) 8 BANK]S1 ATTORNEYS1 A3.TANTS1
BROK]S1 9VE/ORS1 MANAG]S & EMPLOYEES4
,"H 0 A MAN :O _H LEFT S*OOL AT ! AGE (
#AC1 N[ DIRECT+1 9/RUCT+1 ORD]+ & ASK+
"QS ( $UCAT$ P4 ,!Y CAME AT 8 BECK &
CALL1 & CR+$ :5 HE DID N APPROVE ( !M4
  ,"H 0 A MAN :O _H N G"O AL;G )! CR[D4
,HE 0 A MAN :O DID 8 [N ?9K+ & DETE/$ !
^WS1 8,WE H 6D X ? WAY 2C T'S ! WAY
"EY"O ELSE DOES X40 ,HE AL HAT$ ! ^W
8C'T40 ,IF Y WANT$ HM 6D "S?+1 J SAY1
8,I DON'T ?9K Y C D X40
  ,MIKE & ,I LE>N$ M SITT+ AT 8 MEET+S
?AN WE DID 9 ALL \R YE>S ( S*OOL1
COLLEGE 9CLUD$4 ,MIKE'S DAD 0 N S*OOL
$UCAT$1 B HE 0 F9ANCI,Y $UCAT$ &
SU3ESS;L Z A RESULT4 ,HE USE 6TELL U OV]
& OV] AG4 8,AN 9TELLIG5T P]SON HIRES P
:O >E M 9TELLIG5T ?AN !Y >E40 ,S ,MIKE &
,I _H ! B5EFIT ( SP5D+ H\RS LI/5+ 6&1 9
! PROCESS1 LE>N+ F 9TELLIG5T P4
  ,B 2C ( ?1 BO? ,MIKE & ,I J CD N G
AL;G )! /&>D DOGMA T \R T1*]S PR1*$4 ,&
T CAUS$ ! PRO#MS4
  ,:5"E ! T1*] SD1 8,IF Y DON'T GET GD
GRADES1 Y WON'T D WELL 9 ! R1L _W10
,MIKE & ,I J RAIS$ \R EYEBR[S4 ,:5 WE 7
TOLD 6FOLL[ SET PROC$URES & N DEVIATE F
! RULES1 WE CD SEE H[ ? S*OOL+ PROCESS
ACTU,Y 4C\RAG$ CR1TIV;Y4 ,WE />T$ 6"U/&
:Y \R RI* DAD TOLD U T S*OOLS 7 DESIGN$
6PRODUCE GD EMPLOYEES 9/1D ( EMPLOY]S4
  ,O3A.N,Y ,MIKE OR ,I WD ASK \R T1*]S
H[ :AT WE /UDI$ 0 APPLICA#1 OR WE ASK$
:Y WE N"E /UDI$ M"OY & H[ X "W$4 ,6!
LAT] "Q1 WE (T5 GOT ! ANSW] T M"OY 0 N
IMPORTANT1 T IF WE EXCELL$ 9 \R $UC,N1 !
M"OY WD FELL[4
  ,! M WE KNEW AB ! P[] ( M"OY1 ! M
4TANT WE GREW F ! T1*]S & \R CLASSMATES4
  ,MY HI<LY $UCAT$ DAD N"E PRESSUR$ ME
AB MY GRADES4 ,I (T5 WOND]$ :Y4 ,B WE
DID 2G9 6>GUE AB M"OY4 ,0! "T ,I 0 #AF1
,I PROBABLY _H A F> BETT] F.D,N ) M"OY
?AN BO? MY MOM & DAD4 ,I CD KEEP BOOKS1
,I LI/5$ 6TAX A3.TANTS1 CORPORATE
ATTORNEYS1 BANK]S1 R1L E/ATE BROK]S1
9VE/ORS & S =?4 ,MY DAD TALK$ 6T1*]S4
  ,"O "D1 MY DAD 0 TELL+ ME :Y \R HOME 0
8 GRTE/ 9VE/;T4 ,A N-TOO-PL1SANT >GU;T
TOOK PLACE :5 ,I %[$ HM :Y ,I ?"\ A H\SE
0 N A GD 9VE/;T4
  ,! FOLL[+ DIAGRAM ILLU/RATES ! DI6];E
9 P]CEP;N 2T MY RI* DAD & MY POOR DAD :5
X CAME 6_! HOMES4 ,"O DAD ?"\ 8 H\SE 0
AN ASSET1 &! O!R DAD ?"\ X 0 A LIABIL;Y4

     ,7,,SCANN]'S ,,NOTE3 ,,DELET$
              ,,GRAPHIC7'
     ,7,,SCANN]'S ,,NOTE3 ,,GRAPHIC
               ,,DELET$7'

  ,I REMEMB] :5 ,I DREW ! FOLL[+ DIAGRAM
= MY DAD %[+ HM ! DIREC;N ( CA% FL[4 ,I
AL %[$ HM ! ANCILL>Y EXP5SES T W5T AL;G
) [N+ ! HOME4 ,A BI7] HOME M1NT BI7]
EXP5SES1 &! CA% FL[ KEPT GO+ \ "? !
EXP5SE COLUMN4

     ,7,,SCANN]'S ,,NOTE3 ,,GRAPHIC
               ,,DELET$7'

  ,TD1 ,I AM / *ALL5G$ ON ! IDEA (A H\SE
N 2+ AN ASSET4 ,& ,I "K T = _M P1 X IS
_! DR1M Z WELL Z _! L>GE/ 9VE/;T4 ,& [N+
YR [N HOME IS BETT] ?AN NO?+4 ,I SIMPLY
(F] AN ALT]NATE WAY ( LOOK+ AT ? POPUL>
DOGMA4 ,MY WIFE & ,I WD LOVE A BI7]1 M
FLA%Y H\SE 6IMPRESS ! ,J"OSES4 ,B WE "K
X IS N AN ASSET2 X IS A LIABIL;Y S9CE X
TAKES M"OY \ ( \R POCKET4
  ,S "H IS ! >GU;T ,I PUT =?4 ,I RE,Y D
N EXPECT MO/ P 6AGREE ) X 2C A NICE HOME
IS AN EMO;NAL ?+4 ,& :5 X -ES 6M"OY1 HI<
EMO;NS T5D 6L[] F9ANCIAL 9TELLIG;E4 ,I
"K F P]SONAL EXP]I;E T M"OY HAS A WAY (
MAK+ E DECI.N EMO;NAL4

#A4 ,:5 X -ES 6H\SES1 ,I PO9T \ T MO/ P
  "W ALL _! LIVES PAY+ =A HOME !Y N"E
  [N4 ,9 O!R ^WS1 MO/ P BUY A NEW H\SE E
  S _M YE>S1 EA* "T 9CURR+ A NEW #CJ-YE>
  LOAN 6PAY (F ! PREVI\S "O4
#B4 ,EV5 ?\< P RCV A TAX DEDUC;N = 9T]E/
  ON MORTGAGE PAY;TS1 !Y PAY = ALL _!
  O!R EXP5SES ) AF-TAX DOLL>S4 ,EV5 AF
  !Y PAY (F _! MORTGAGE4
#C4 ,PROP]TY TAXES4 ,MY WIFE'S P>5TS 7
  %OCK$ :5 ! PROP]TY TAXES ON _! HOME
  W5T 64#A1JJJ A MON?4 ,? 0 AF !Y _H
  RETIR$1 S ! 9CR1SE PUT A /RA9 ON _!
  RETIRE;T BUDGET1 & !Y FELT =C$ 6MOVE4
#D4 ,H\SES D N ALW G UP 9 VALUE4 ,9
  #AIIG1 ,I / H FRS :O [E A MILLION
  DOLL>S =A HOME T W TD SELL = ONLY
  4#GJJ1JJJ4
#E4 ,! GRTE/ LOSSES ( ALL >E ^? F MISS$
  OPPORTUNITIES4 ,IF ALL YR M"OY IS TI$
  UP 9 YR H\SE1 Y MAY 2 =C$ 6"W H>D] 2C
  YR M"OY 3T9UES BL[+ \ (! EXP5SE
  COLUMN1 9/1D ( A4+ 6! ASSET COLUMN1 !
  CLASSIC MI4LE-CLASS CA%-FL[ PATT]N4
  ,IF A "Y C\PLE WD PUT M M"OY 96_!
  ASSET COLUMN E>LY ON1 _! LAT] YE>S WD
  GET EASI]1 ESPECI,Y Z !Y PREP>$ 6S5D
  _! *N 6COLLEGE4 ,_! ASSETS WD H GR[N &
  WD 2 AVAILA# 6HELP COV] EXP5SES4 ,ALL
  TOO (T51 A H\SE ONLY S]VES Z A VEHICLE
  = 9CURR+ A HOME-EQU;Y LOAN 6PAY = M.T+
  EXP5SES4

  ,9 SUMM>Y1 ! 5D RESULT 9 MAK+ A DECI.N
6[N A H\SE T IS TOO EXP5SIVE 9 LIEU (
/>T+ AN 9VE/;T PORTFOLIO E>LY ON IMPACTS
AN 9DIVIDUAL 9 AT L1/ ! FOLL[+ ?REE
WAYS3

#A4 ,LOSS ( "T1 DUR+ : O!R ASSETS CD H
  GR[N 9 VALUE4
#B4 ,LOSS ( A4I;NAL CAPITAL1 : CD H BE5
  9VE/$ 9/1D ( PAY+ = HI<-MA9T5.E
  EXP5SES RELAT$ DIRECTLY 6! HOME4
#C4 ,LOSS ( $UC,N4 ,TOO (T51 P C.T _!
  H\SE1 SAV+S & RETIRE;T PLAN Z ALL !Y H
  9 _! ASSET COLUMN4 ,2C !Y H NO M"OY
  69VE/1 !Y SIMPLY D N 9VE/4 ,? CO/S !M
  9VE/;T EXP]I;E4 ,MO/ N"E 2COME :AT !
  9VE/;T _W CALLS A 8SOPHI/ICAT$
  9VE/OR40 ,&! BE/ 9VE/;TS >E USU,Y F/
  SOLD TO 8SOPHI/ICAT$ 9VE/ORS10 :O !N
  TURN >.D & SELL !M 6! P PLAY+ X SAFE4

  ,MY $UCAT$ DAD'S P]SONAL F9ANCIAL
/ATE;T BE/ DEMON/RATES ! LIFE ( "S"O 9 !
RAT RACE4 ,8 EXP5SES SEEM 6ALW KEEP UP )
8 9COME N"E ALL[+ HM 69VE/ 9 ASSETS4 ,Z
A RESULT1 8 LIABILITIES1 S* Z 8 MORTGAGE
& CR$IT-C>D DEBTS >E L>G] ?AN 8 ASSETS4
,! FOLL[+ PICTURE IS WOR? A ?\S& ^WS3

     ,7,,SCANN]'S ,,NOTE3 ,,DELET$
              ,,GRAPHIC7'

  ,MY RI* DAD'S P]SONAL F9ANCIAL /ATE;T1
ON ! O!R H&1 REFLECTS ! RESULTS (A LIFE
D$ICAT$ 69VE/+ & M9IMIZ+ LIABILITIES3

     ,7,,SCANN]'S ,,NOTE3 ,,DELET$
              ,,GRAPHIC7'

  ,A REVIEW ( MY RI* DAD'S F9ANCIAL
/ATE;T IS :Y ! RI* GET RI*]4 ,! ASSET
COLUMN G5]ATES M ?AN 5 9COME 6COV]
EXP5SES1 )! BAL.E RE9VE/$ 96! ASSET
COLUMN4 ,! ASSET COLUMN 3T9UES 6GR[ &1
"!=E1 ! 9COME X PRODUCES GR[S ) X4 ,!
RESULT 2+3 ,! RI* GET RI*]6

     ,7,,SCANN]'S ,,NOTE3 ,,GRAPHIC
               ,,DELET$7'

  ,! MI4LE CLASS F9DS XF 9 A 3/ANT /ATE
( F9ANCIAL /RU7LE4 ,_! PRIM>Y 9COME IS
"? WAGES1 & Z _!
  ,? PATT]N ( TR1T+ YR HOME Z AN 9VE/;T
&! PHILOSOPHY T A PAY RAISE M1NS Y C BUY
A L>G] HOME OR SP5D M IS ! F.D,N ( TD'S
DEBT-RI45 SOCIETY4 ,? PROCESS ( 9CR1S$
SP5D+ ?R[S FAMILIES 96GRT] DEBT & 96M
F9ANCIAL UNC]TA9TY1 EV5 ?\< !Y MAY 2
ADVANC+ 9 _! JOBS & RCVG PAY RAISES ON A
REGUL> BASIS4 ,? IS HI< RISK LIV+ CAUS$
0W1K F9ANCIAL $UC,N4
  ,! MASSIVE LOSS ( JOBS 9 ! #AIIJ'S-!
D[NSIZ+ ( BUSI;SES-HAS BR"\ 6LI<T H[
%AKY ! MI4LE CLASS RE,Y IS F9ANCI,Y4
,SU45LY1 -PANY P5.N PLANS >E 2+ REPLAC$
0#DJA;K PLANS4 ,SOCIAL ,SECUR;Y IS
OBVI\SLY 9 TR\# & _C 2 LOOK$ AT Z A
S\RCE = RETIRE;T4 ,PANIC HAS SET 9 =!
MI4LE CLASS4 ,! GD ?+ TD IS T _M ( ^! P
H RECOGNIZ$ ^! ISSUES & H 2GUN BUY+
MUTUAL FUNDS4 ,? 9CR1SE 9 9VE/+ IS
L>GELY RESPONSI# =! HUGE R,Y WE H SE5 9
! /OCK M>KET4 ,TD1 "! >E M & M MUTUAL
FUNDS 2+ CR1T$ 6ANSW] ! DEM& 0! MI4LE
CLASS4
  ,MUTUAL FUNDS >E POPUL> 2C !Y REPRES5T
SAFETY4 ,AV]AGE MUTUAL-FUND BUY]S >E TOO
BUSY "W+ 6PAY TAXES & MORTGAGES1 SAVE =
_! *N'S COLLEGE & PAY (F CR$IT C>DS4 ,!Y
D N H "T 6/UDY 6LE>N H[ 69VE/1 S !Y RELY
ON ! EXP]TISE (! MANAG] (A MUTUAL FUND4
,AL1 2C ! MUTUAL FUND 9CLUDES _M DI6]5T
TYPES ( 9VE/;TS1 !Y FEEL _! M"OY IS SAF]
2C X IS 8DIV]SIFI$40
  ,? GR\P ( $UCAT$ MI4LE CLASS
SUBSCRIBES 6! 8DIV]SIFY0 DOGMA PUT \
0MUTUAL-FUND BROK]S & F9ANCIAL PLANN]S4
,PLAY X SAFE4 ,AVOID RISK4
  ,! R1L TRAG$Y IS T ! LACK ( E>LY
F9ANCIAL $UC,N IS :AT CR1TES ! RISK FAC$
0AV]AGE MI4LE-CLASS P4 ,! R1SON !Y H
6PLAY X SAFE IS 2C _! F9ANCIAL POSI;NS
>E T5U\S AT BE/4 ,_! BAL.E %EETS >E N
BAL.ED4 ,!Y >E LOAD$ ) LIABILITIES1 ) NO
R1L ASSETS T G5]ATE 9COME4 ,TYPIC,Y1 _!
ONLY S\RCE ( 9COME IS _! PAY*ECK4 ,_!
LIVELIHOOD 2COMES 5TIRELY DEP5D5T ON _!
EMPLOY]4
  ,S :5 G5U9E 8D1LS (A LIFE"T0 -E AL;G1
^? SAME P _C TAKE ADVANTAGE (!
OPPORTUN;Y4 ,!Y M/ PLAY X SAFE1 SIMPLY
2C !Y >E "W+ S H>D1 >E TAX$ 6! MAX1 & >E
LOAD$ ) DEBT4
  ,Z ,I SD AT ! />T ( ? SEC;N1 ! MO/
IMPORTANT RULE IS 6"K ! DI6];E 2T AN
ASSET &A LIABIL;Y4 ,ONCE Y "U/& !
DI6];E1 3C5TRATE YR EF=TS ON ONLY BUY+
9COME-G5]AT+ ASSETS4 ,T'S ! BE/ WAY 6GET
/>T$ ON A PA? 62COM+ RI*4 ,KEEP DO+ T1 &
YR ASSET COLUMN W GR[4 ,FOCUS ON KEEP+
LIABILITIES & EXP5SES D[N4 ,? W MAKE M
M"OY AVAILA# 63T9UE P\R+ 96! ASSET
COLUMN4 ,SOON1 ! ASSET BASE W 2 S DEEP T
Y C AF=D 6LOOK AT M SPECULATIVE 9VE/;TS4
,9VE/;TS T MAY H RETURNS ( #AJJ P]C5T
69F9;Y4 ,9VE/;TS T = 4#E1JJJ >E SOON
TURN$ 964#A MILLION OR M4 ,9VE/;TS T !
MI4LE CLASS CALLS 8TOO RISKY40 ,! 9VE/;T
IS N RISKY4 ,X'S ! LACK ( SIMPLE
F9ANCIAL 9TELLIG;E1 2G9N+ ) F9ANCIAL
LIT]ACY1 T CAUSES ! 9DIVIDUAL 6BE 8TOO
RISKY40

     ,7,,SCANN]'S ,,NOTE3 ,,REMOV$
              ,,GRAPHIC72

  ,IF Y D :AT ! MASSES D1 Y GET ! FOLL[+
PICTURE4

     ,7,,SCANN]'S ,,NOTE3 ,,DELET$
              ,,GRAPHIC7'

  ,Z AN EMPLOYEE :O IS AL A HOME[N]1 YR
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?AN MY MON?LY EXP5SES4 ,IF ,I WANT
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MY MON?LY EXP5SES )! CA% FL[ F MY
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M"OY T GOES 96MY ASSETS1 ! M MY ASSET
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