My Learning from Reading Rich Dad Poor Dad Book

By Swapnil DharmadhikariFounder, Director Splashgain Technology Solutions Pvt Ltd.www.Splashgain.comwww.ePravesh.comwww.Eklavvya.inwww.Bookshelf.co.in

Rat RaceRat Race

Philosophy of Poor PeopleAlways look for safetyAlways wait for salary on 30th of the MonthEnd their education at school/college levelDo not attend training programsBelieve that Money is badBlame Others/ Company for not getting

promotionWork in closed loopIncome < ExpensePoor people purchase liabilitiesPurchase Luxury items on Priority

Poor People work forOwner of companyBank

Credit CardsGovernment

Pay Taxes before getting salary in Hand

Afraid of thinking about own empire

Philosophy of Rich PeopleCourageMoney works for them, they do not

work for moneyTakes Calculated Risks in the LifeIncome > ExpenseRich people purchase assets, Do not

purchase liabilitiesPurchase Luxury Items with least

Priority

How to get out of Rat RaceAttend training programsJoin Network MarketingDo Part Time JobsInvest RegularlyAccounting of Personal FinanceInvestments

Failures, SuccessThose who try to avoid defeat also avoid

SuccessDo not work only for moneyIf you work for learning then you can easily

get out of Rat Race90% people in the world spend money to buy

television only 10% purchase books for self help

There are many clever but poor people around the world also there are many not so clever but rich people

Do not depend on Monthly Salary , get other sources of income