What Rachna has put down here are definitely the steps to being wealthy.
One needs to live a life that is comfortable and yet be ready for any eventuality! That comes from being wealthy not just rich. And wealth is never really built overnight... it is only through a change in mindset that it can happen.
Yes the article is exposing the difference. Would like to add being rich exposes you to inviting trouble. Recently I was told by my friend in Mumbai who is rich and can afford a BMW car is not going for it as the Underworld Dons are now targeting people with such people for extortion.
Most important aspect of being wealthy is getting sleep when you go to bed and wake up with pleasure.
RE:Rich Dad Poor Dad !!!!!!!!
by Rachna C on Nov 08, 2005 11:17 AM
Dear Anshul, Thanks for the feedback but I have not read that book: Rich Dad Poor Dad. Rachna C
You Should spend!!!!!!! if you earn well. Only then will you earn. But spending should be done judiciously. You should have good accesories if you earn well. Why do you want to save always??? go spend some for your pleasure. This will make you and others happy ......you live life only once...enjoy it to the max.
i read this article, but the thing with me is im niether of both. i have debt for which i pay interest. i have home loan which i pay monthly.i have a family to look after bcoz im the only earning member, and after all this all the bills which r unavoidable. after this im left with nothing to save or even to pay myself. then how im going to get out of it.