RICH DAD POOR DAD

HARSH KHEMKA
KIRTI
PREKSHYA PANDEY
 FINANCIAL INDEPENDENCE

INVESTING

PROPERTY OWNERSHIP FINANCIAL

INDEPENDENCE

BUILDING BUSINESSES
 Striking differences b/w Poor dad and Rich dad.
POOR DAD RICH DAD
Ph. D 8th Std.
Love for money is the root of all Lack of money is the root of all
evils. evils.
If something is expensive, “We How can I buy/afford this? What
cannot afford this”. can I Do?
Study hard ,Score good grades in Study hard so that one day you can
order to get a high paying Job. hire people for your own
When money is in question-be organisation.
safe. Have guts, take risks.
 Financial Education

Money has a lot of power, but what is of utmost importance is

FINANCIAL EDUCATION.

One needs to know how to earn money!!

 Lesson 1

Learn how to make money.

Don’t be stuck in the rat race.
See what others don’t see.
Be creative.
Think of ideas to make money.
Eg: Donkey falling for the carrot

(IMAGE OF DONKEY AND CARROT AND WE WILL EXPLAIN IT

VERBALLY)
 Lesson 2

FINANCIAL LITERACY
FINANCIAL LITERACY SURVEY

Survey of 40 students in the campus

FINANCIAL LITERATE(2); 5.00%

FINANCIAL ILLITERATE(38); 95.00%

 Lesson 2
If people are flexible and adaptable only then can
they become rich.
One needs to know how to utilise every penny one
earns .
Liability = moneyMIDDLE
POOR going out.CLASS RICH
spends all his earnings Tax, food, clothing, Earns through
Asset=
on- Money
tax, rent, clothes, coming in. etc.
entertainment, dividends, interests,
entertainment, rental income.
transportation, etc.
Liabilities- Mortgage , Assets- stocks, bonds
loan, credit card bills. etc.
 Lesson 2

Rich get richer as they invest money properly

 Lesson 3

MIND YOUR OWN BUSINESS

 Lesson 3

Create some assets.

Before you get married and have kids –buy a home , make some assets
&reduce your burden.
Pay off your debts
 Lesson 4

HISTORY OF TAXES AND POWER OF

CORPORATION
 Lesson 4

Poor & middle class are burdened with taxes.

The rich find a way to reduce this burden by hiring the right lawyers
and accountants.
 Lesson 5

THE RICH INVENT MONEY

 LESSON 5

Good grades do not take you to great heights.

One needs to take risks.
One needs to be brave+ clever+ regular+ risk taker.
 LESSON 6

WORK TO LEARN
 LESSON 6

Car Incident- Mechanic ( explain)

Employees work just because they don’t want to get fired.
Employers only pay so much so that those employees don’t leave.
 Lesson 7

OVERCOMING OBSTACLES
 Lesson 7

 Buying life insurance

 Covering the risk for his family
 Doing financial planning
 For e.g usually a financial literate person invest his savings instead of keeping it in a bank, he
maintain the liquity of money approximately up to his 3 months salaries
 Rich person never rely on once income
Thank You………!