Documente Academic
Documente Profesional
Documente Cultură
Poor Dad
By :Robert Kiyosaki
Sharon Lecher C.P.A
Presented by:
Pradeep Prabhuchanderkar
EMBA05 – Roll No.16
What Rich Teach
Their Kids
About Money That
Poor & Middle class
Do Not !
“The poor & middle class
work for money . “ The rich
have money work for them”.
RAT RACE
Study Hard, Graduation, Post Graduation, Job, Marriage,
Children,Promotions/Jobchange,House, Cars,
Good School, Overtime/Part Time Jobs, Vacations…………
Fast Track
Bill Gates,Michale Jordon, Madonna…..
There is a need.
Study Hard, Get Good Grades and you will Find a high
paying job with Great Benefits (Safe & Secure
Jobs)
IS A BAD ADVICE
The world has changed & Changing very fast
and current educational system has failed
to cope up with the change.
Income Expenses
Pay Check. Taxes,
Mortgage
Fixed
Expenses
Assets Liabilities
Home,
Consumer
Loans,
Credit cards
Rich Class Financial Statement
Income Expenses
Dividends,
Interest,
Rental
Income
Assets Liabilities
Stocks,
Bonds,
Real
Estate,IPR
Why Teach Financial Literacy ?
88997777
The way to get Richer is to increase the Cash
Flow from the Assets, keep the expenses
less than the cash Flow generated from
these assets.
Every Person is Genius ,but excessive Fear & Self Doubt are the
greatest Destructor of Personal Genius.
5) Skill to apply your mind , what others miss to see with their
Eyes.
6) Cynicism
8) Laziness
12) Arrogance
Overcoming Obstacles
To Overcome