Thursday, April 9, 2009

Are you Wealthy???


We all earn money, many are rich. How many of us are wealthy. First it’s better to know the meaning of wealth.Wealth is derived from an old English word weal which means well-being.According to Robert Kiyosaki, the author of “Rich Dad and Poor Dad”, Wealth of a person is being determined by how long you can survive at your current standard of living if you quit your job today. So once you stop getting your paycheck, how long can you live off with your savings and passive income sources before you go broke.
Simply being wealthy is nothing but having enough money for fulfilling your requirements timely.
Just saving won’t do. Make your money earn money for you. Employ your money. Don’t be rich be a wealthy one.Recession has nothing to do with us when we are wealthy.
Will continue my next few posts highlighting savings.

3 comments:

  1. ohh now I know the meaning of 'Wealth'

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  2. Thanks for the extremely relevant article in today's context. This time I will get the book and read "Rich Dad Poor Dad" heard but didnt get a chance to read. The sooner people understand the concept of financial intelligence, the better for them and our nation too.

    "Some thing like our ANT n the GRASSHOPPER STORY"

    The more u save,the more u earn.

    --Nice Article :)

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