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PAPER JOBIn due course the rich daddy has a little developed idea of three coin boxes. He wished to be convinced that we with Mike will manage to correlate contents of our coin boxes with our financial reports correctly. We continued to fill coin boxes, but now should report for them in the simplified financial reports. The report form was about such:
If we took any sum should report for it from a coin box. For example, if I took 25 dollars from the money intended for church it, and gave them on the charitable purposes or endowed churches should specify them in the monthly financial report.
In that case my monthly financial report looked here so:
Presence of three coin boxes and necessity to report for the spent money in the financial report have given me financial education and experience which never receives the majority of adults, not to mention children. My rich daddy spoke: itthe Concept of the account is similar to concept of responsibility. If you are going to to become rich should be able to bear responsibility for the moneyit.
It is difficult to me to pass, how much important role is played by idea of responsibility and the account in my today's life. It is important for each person. When in bank to you politely refuse the credit in many cases it means that there are disturbed by your insufficiently responsible relation to money. When the International currency fund (IMF) says that any country "is insufficiently transparent", in many cases it means that he demands from the government of representation of clearer financial reports. Under a transparency such degree of clearness that each interested party could understand without effort, where and to whom money goes means. In other words, the IMF demands the report from the whole state in the same way as the rich daddy demanded it from us with Mike.
Thus, it is absolute for everything, whether it be the small child, a family, the enterprise, church or the huge country, ability to operate money and to bear responsibility for their use is extremely important quality to which should learn.
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