This document discusses financial literacy concepts such as assets, liabilities, cash flow, types of income, and investing. It explains that assets are things of value that are owned, while liabilities are debts owed. The document also discusses the differences between being an employee, self-employed individual, business owner, or investor. It recommends increasing income through financial education and turning earned income into portfolio and passive income over time. The key is to have a long-term financial plan focused on building wealth through investments like real estate, stocks, and mutual funds.

1. Financial Literacy Khuong Nguyen 25-July-2008

2. Introductions Rich dad - Poor Dad (Robert Kiyosaki) Warren Buffet (stocks) Donald Triump (real estate) George Sorros (currency trading) Bill Gates (IT Business) Reference: Books, website, audio,…

3. Contents What is asset? What is liability? How my cash flow looks like? Am I employee, self-employed, business owner or investor? What are the differences? How to increase income, how to become rich? What is investing?

4. Asset vs. liability What are your assets? What are your expense / liabilities? What are your boss’ assets? Who is richer? Why? In real world, what are assets?

5. The power of words The power of words Understand? History / Herstory Patient? Component testing, integration testing, smoke test, … Stub, driver, instrument, ... Asset, liability, cash flow, profit, gross income, net income, revenue, ROI, … Start by learning vocabulary, it’s free. It doesn’t take money to make money. It’s concept. Play with ideas and vocabulary.

6. Cash flow How is your cash flow looks like?

7. 3 types of cash flow

8. 3 types of cash flow

9. 3 types of cash flow

10. Quadrant Who is who?

11. Difference between the left and the right

12. Difference between the left and the right

13. Difference between the left and the right

14. Difference between the left and the right

15. Difference between the left and the right

16. Difference between the left and the right

17. How to increase income, to become rich? Inheritance Superstar singer, movie start, superstar sport player, super model Win lottery ticket Being greedy Being cheap Crook, cheat, outlaw Marriage … Being financial smart

18. Recommend

19. Saving 1/10 Saving Investing Charity

20. Choose the game and learn to play the game

21. Best recommend + 3Es

22. Recommend Know 3 kinds of income: earned income, portfolio income, passive income Secure, saving 1/10, 3 pigs: a pig for saving, a pig for investing, a pig for charity Turn securities to portfolio and passive income as efficiently as possible Prepare for whatever happened – choose your game and learn to play the game 3Es: Education, Experience, Excessive Cash Best models + 3Es = millionaire, billionaire

23. Investing What is investing? Investing means different things to different people Investment products (stocks, real estate, gold, currency, mutual fund, insurance) Investment procedure (trading, exchange, …) Investing is a personal plan, not a product or a procedure Example of a person who have money and ask for advice of an experienced investor  important question: What if? / Investment advice is personal advice Travelling, shopping, investing, saving, insurance, house, marriage, children, getting old

24. Take time to think about a financial plan, ask for advisor, experienced people. Write it down, implement. Hint: Good plan has ultimate objective to make you feel secure, comfortable and become rich.

25. Recall What is asset? What is liability? How my cash flow looks like? Am I employee, self-employed, business owner or investor? What are the differences? How to increase income, how to become rich? What is investing?