Rich Dad Poor Dad: Understanding Cashflow, Debt & Assets (Singapore Context)

Many people work hard, earn more over time — yet still feel financially stuck.

Rich Dad Poor Dad popularised powerful ideas about cashflow, assets, and debt, but these concepts are often misunderstood or applied incorrectly.

This session breaks down the core lessons of Rich Dad Poor Dad and shows how they actually apply in real life, especially in a Singapore context.

What We’ll Cover

1️⃣ Cashflow: The Real Measure of Wealth

• Why income alone doesn’t make you rich
• Understanding cashflow vs net worth
• How cashflow affects financial freedom

2️⃣ Assets vs Liabilities (Beyond the Textbook)

• What Rich Dad Poor Dad means by “assets”
• Common assets people think are assets — but aren’t
• How assets should work for you over time

3️⃣ Good Debt vs Bad Debt

• What makes debt “good” or “bad”
• When leverage helps — and when it destroys wealth
• Common debt traps in Singapore

4️⃣ The Middle-Class Trap

• Why earning more doesn’t always improve cashflow
• Lifestyle inflation and silent financial stress
• How people get stuck despite good salaries

5️⃣ Applying the Concepts Wisely

• Separating principles from hype
• Using these ideas without taking reckless risks
• A simple framework to improve cashflow sustainably

Who Should Attend

• Fans of Rich Dad Poor Dad who want deeper clarity
• Working adults trying to break paycheck-to-paycheck cycles
• Beginners who want to understand wealth-building fundamentals
• Anyone confused by “assets”, “cashflow”, and “good debt”

No prior investing knowledge required.

Format

• Educational & discussion-based
• Practical examples (Singapore context)
• Open Q&A

This is about understanding concepts — not pushing strategies.

About the Host
Hosted by Smart Money SG, a community focused on helping Singaporeans understand money, mindset, and long-term financial decisions in a clear and practical way.