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RICH DADPOOR DAD
       by
  Robert T. Kiyoski
This book is dedicated to all parents e
       a child’s most important teache
Robert T. Kiyoski
 An American investor,
  businessman, self-help author,
  motivational speaker, financial
  literacy activist, and occasional
  financial commentator.

 Kiyosaki is also an active real
  estate investor. A large portion of
  his wealth is concentrated within
  real estate investing.

 Have been on number one on the
  top 10 best-seller lists
  simultaneously on The Wall
  Street Journal, USA Today and
Table Of Contents
 There is a
 Need
LESSONS
 Chapter One       Rich
 Dad,Poor Dad
 Chapter Two       The Rich
 Don’t Work for
                  money
 Chapter Three     Why Teach
 Financial
                  Literacy?
 Chapter Four      Mind Your
 Own Business
 Chapter Five      The History
 of Taxes and
                  the power of
I
There Is
There Is a Need
     The “RAT RACE”- the birth of
      another hardworking
      generation

     You, Accountant and Banker–
      stuck in the same traffic jam.

     Each child needs more
      education-Different Education
      and Different set of rules.

     Importance of financial and
      communication skills .



Rich Dad, Poor Dad
C
Rich Dad, P
Rich Dad, Poor Dad
 “The Lack of money is root    “The Love of money is root
  Of all evil.”                  Of all evil.”

 How can I afford it?          I Can’t afford it.

 Study hard so you can         Study hard so that you can
  find a good company to         find a good company to
  buy.                           work for.

 Learn To Manage Risks         When it comes to money,
                                 Play it safe, don’t take risks.

 Money works for me.           I Work for money.

 Simply created investments.  Struggled to save dollars.




   Rich Dad, Poor Dad
The Road Finally Take
  “Two roads diverged in a
  wood , and
      I took the one less
  travelled by,
    And that has made all the
  difference”
                            -
  Robert Frost
C

The Rich Don’t Work For
The Rich Don’t Work For Money

     Life is the best teacher of all.

     The poor and the middle class work for
      money ,the rich have money to work
      for them.

     Avoiding one of life's biggest traps –
      fear and greed.

     School not the end but the beginning.

     Ignorance about money causes so
      much greed and so much fear.

     Seeing what others missed.




Rich Dad, Poor Dad
C

Why Teach Financial L
Why teach Financial Literacy?
     The rich acquire assets, while
      the poor and the middle class
      acquire liabilities, which they
      think are assets.

     Assets are things that create a
      cash flow.

     Liabilities are things that result
      in expenses.

     Being Rich vs. Being Wealthy

     How long can you survive
      without ever having to work?
Rich Dad, Poor Dad
C

Mind Your Own B
Mind Your Business

     People confuse their profession
      with their business.

     Ray Kroc is a salesman by
      profession but is in the Business
      of Real Estate.

     When you do a job, you work for
      everyone except yourself.




Rich Dad, Poor Dad
C

The History of Taxes a
      Power of Corp
History of Taxes and The power
                 of corporations.

     Taxes were invented to ‘penalize’ the
      rich.

     But taxes end up hurting the middle
      class more.

     The rich use corporations to save on
      their tax liability.

     Individuals pay tax first and then get to
      spend their income.

     Corporations spend first and pay taxes
      later.

     Corporations also protect you from
      lawsuits.

Rich Dad, Poor Dad
C

The Rich Invent
The Rich Invent Money

     You invent your own luck.

     Just like luck, money should also
      be invented.

     Always try to plant seeds in your
      asset column.

     Intelligent people are those who
      work with or hire people more
      intelligent than them.

     Invest in what you love or what
      your interest is.

Rich Dad, Poor Dad
C

Work To Learn – Don’t Wo
Work To Learn, Not for Money.



      You never stop learning.

      Knowledge is power supreme.

      You should know a little about a
       lot.

      Most people work only because
       of the paycheck, not because
       they get to learn.

      First Specialize, Then Unionize.



Rich Dad, Poor Dad
Overcoming Obstacles



FEAR                                 CYNICISM




 LAZINESS                          ARROGANCE

               BAD HABITS



            Rich Dad, Poor Dad
How to develop your God
          Given Talents?
10 Steps For Success
 Find a reason greater than reality
 Choose Daily
 Choose Friends Wisely
 Master a Formula and then learn a new one
 Pay Yourself First
 Pay your brokers well
 Be an “Indian Giver”
 Assets buy Luxuries
 The Need for Heroes
 Teach and you shall Receive.

                        Rich Dad, Poor Dad
THANK YOU
 ANKIT AULUCK
 ANISH JERATH
 ANISH JERATH
 ARIHANT JAIN
CRITICA LUNIAL
 ARIHANT JAIN

CRITICA LUNIAL

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Rich Dad Poor Dad Lessons on Financial Literacy

  • 1. RICH DADPOOR DAD by Robert T. Kiyoski
  • 2. This book is dedicated to all parents e a child’s most important teache
  • 3. Robert T. Kiyoski  An American investor, businessman, self-help author, motivational speaker, financial literacy activist, and occasional financial commentator.  Kiyosaki is also an active real estate investor. A large portion of his wealth is concentrated within real estate investing.  Have been on number one on the top 10 best-seller lists simultaneously on The Wall Street Journal, USA Today and
  • 4. Table Of Contents There is a Need LESSONS Chapter One Rich Dad,Poor Dad Chapter Two The Rich Don’t Work for money Chapter Three Why Teach Financial Literacy? Chapter Four Mind Your Own Business Chapter Five The History of Taxes and the power of
  • 6. There Is a Need  The “RAT RACE”- the birth of another hardworking generation  You, Accountant and Banker– stuck in the same traffic jam.  Each child needs more education-Different Education and Different set of rules.  Importance of financial and communication skills . Rich Dad, Poor Dad
  • 8. Rich Dad, Poor Dad  “The Lack of money is root  “The Love of money is root Of all evil.” Of all evil.”  How can I afford it?  I Can’t afford it.  Study hard so you can  Study hard so that you can find a good company to find a good company to buy. work for.  Learn To Manage Risks  When it comes to money, Play it safe, don’t take risks.  Money works for me.  I Work for money.  Simply created investments.  Struggled to save dollars. Rich Dad, Poor Dad
  • 9. The Road Finally Take “Two roads diverged in a wood , and I took the one less travelled by, And that has made all the difference” - Robert Frost
  • 10. C The Rich Don’t Work For
  • 11. The Rich Don’t Work For Money  Life is the best teacher of all.  The poor and the middle class work for money ,the rich have money to work for them.  Avoiding one of life's biggest traps – fear and greed.  School not the end but the beginning.  Ignorance about money causes so much greed and so much fear.  Seeing what others missed. Rich Dad, Poor Dad
  • 13. Why teach Financial Literacy?  The rich acquire assets, while the poor and the middle class acquire liabilities, which they think are assets.  Assets are things that create a cash flow.  Liabilities are things that result in expenses.  Being Rich vs. Being Wealthy  How long can you survive without ever having to work? Rich Dad, Poor Dad
  • 15. Mind Your Business  People confuse their profession with their business.  Ray Kroc is a salesman by profession but is in the Business of Real Estate.  When you do a job, you work for everyone except yourself. Rich Dad, Poor Dad
  • 16. C The History of Taxes a Power of Corp
  • 17. History of Taxes and The power of corporations.  Taxes were invented to ‘penalize’ the rich.  But taxes end up hurting the middle class more.  The rich use corporations to save on their tax liability.  Individuals pay tax first and then get to spend their income.  Corporations spend first and pay taxes later.  Corporations also protect you from lawsuits. Rich Dad, Poor Dad
  • 19. The Rich Invent Money  You invent your own luck.  Just like luck, money should also be invented.  Always try to plant seeds in your asset column.  Intelligent people are those who work with or hire people more intelligent than them.  Invest in what you love or what your interest is. Rich Dad, Poor Dad
  • 20. C Work To Learn – Don’t Wo
  • 21. Work To Learn, Not for Money.  You never stop learning.  Knowledge is power supreme.  You should know a little about a lot.  Most people work only because of the paycheck, not because they get to learn.  First Specialize, Then Unionize. Rich Dad, Poor Dad
  • 22. Overcoming Obstacles FEAR CYNICISM LAZINESS ARROGANCE BAD HABITS Rich Dad, Poor Dad
  • 23. How to develop your God Given Talents?
  • 24. 10 Steps For Success  Find a reason greater than reality  Choose Daily  Choose Friends Wisely  Master a Formula and then learn a new one  Pay Yourself First  Pay your brokers well  Be an “Indian Giver”  Assets buy Luxuries  The Need for Heroes  Teach and you shall Receive. Rich Dad, Poor Dad
  • 25. THANK YOU ANKIT AULUCK ANISH JERATH ANISH JERATH ARIHANT JAIN CRITICA LUNIAL ARIHANT JAIN CRITICA LUNIAL