Sunday, February 11, 2007

Get OUT of rat race ...Be a RICH DAD

Robert Kiyosaki defined the "Rat Race" for us
I will try. and explain the concept by RICH DAD in simple words .

A child is born , goes to school completes his study ,looks for a safe, secure job or career.
The child finds that job, maybe as a doctor or a lawyer, or joins the Army or works for the government.

Generally, the child begins to make money, credit cards start to arrive in mass, and the shopping begins, if it already hasn't. He gets married, may be it doubles his income.
The happy couple decides that their careers are vitally important and begin to work harder, seeking promotions and raises. The raises come, and so does another child and the need for bigger house.

They work harder, become better employees, even more dedicated.
They get their large pay check and wonder where all the money went. They pay some mutual funds and buy groceries with their credit card. The children reach 5 or 6 years of age, and the need to save for college increase as well as the need to save for their retirement.

"That happy couple, born 35 years ago, is now trapped in the Rat Race for the rest of their working days. They work for the owners of their company, for the government paying taxes, and for the bank paying off a mortgage and credit cards.


Wealth has very little to do with timing, education or even how much money you are making – it is merely a matter of getting the right education, mindset and discipline. Create huge sum of money without investing huge sum of money up front and without putting hard earned saving at risk.” Robert Kiyosaki

Learn more about being a RICH DAD to you success and Financial Freedom..

Your partner in success...Gagan.

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