Money Should work for Us !!

-


Today Morning I was travelling in a Auto . I asked the auto driver how much he earns per Month ??

He replied Rs 3600/- and her is his Break Up for a Month

Details
From School Trip Rs.1800
Daily Other Trip Rs.7800
Total Rs.9600
Liability
Rent for Auto Rs.6000
Total Income Rs.3600

The book , Rich Dad Poor Dad by Kiyosaki’s which I have read few years back , Its Highly recommended book to ready . The author says “YOU SHOUD NOT WORK FOR MONEY BUT MONEY SHOULD WORK FOR YOU “

How Money can work for us ?? Here is a example

Assume that , 4 friends invested Rs 50,000 each and buy a auto for Rs 2,00,000 . If they rent the auto they earn as below

Number of Person 4
Investment Amount 50,000 Rs
Total Investment 200000 Rs
Investment Return
Every Day 200 Rs
Each Month 6000 Rs
Per Year 72000 Rs
Per Person 18000 Rs

Invested amount Return In 2.777778 Yr

Each day you start to get Rs 50 , even you do not work , your money will work for you every day !!!

And that is the big difference between Working for Money and Money Working for Us

So Now I'm thinking !!! to invest

.

Comments

Post a Comment

Popular posts from this blog

How to get a Ration Card in Bangalore ?

-
Go to your nearest food office You have to Provide the Following Document 1.Certificate of Removal of your Name from your Native Ration Card where you stay earlier. 2. Address Proof - Rent Agreement etc 3.Two Passport Size Photo 4.You have to Fill a Form in the Food Office , It will be in Kannada Language you can take someone help to fill the form You have to Submit all the Document to the Officer , He will check and give you a acknowledgement slip . After two or three week the official will visit your house and verify your address .Once address verification was done , the officer will inform you to visit the food office again after two week . If you are married , you have to take your spouse with you to take the Thump Scanning & Photo Section .Once that over they will give you the Ration Card Immediately . I got all the Process done with in One Month Note : This Ration Card is Only for Gas Connection
Read more

rambling THOUGHTS in a DAY!!

-
Image
My mobile alarm wake me up @ 5.40 AM , as usual my body refuse to wake up .I have to rush  to catch my morning train @6.50 AM ,need to travel around 170 Km away from where I stand now !! Out side home weather is around 20 °C , the road is wet ,might be raining the whole night .Saw one bus is approaching the bus stop started to run but missed the target .I was thinking did I ran slowly ??Yes, my fitness level is not low but very low now. Got a cab and jumped in .I need to tell about the Cab pickup in Bangalore .This are all Call centre pick up/drop cabs .When they are off they will give you a lift .You need to pay little more than the bus fair .They are the unofficial carriers for early and late commuters like me in the city !! Reached railway station 10 min early, walked straight to the news paper shop, asked for HINDU News paper .Shop keeper checked and replied back HINDU got over!! so my next choice is DNA news paper and bought one more Tamil news paper .By reading the headline
Read more

WeRead

-
Image
I was using Orkut mainly for the “I Love Reading” community. There we have a topic “what you are reading now?” Lot of Indian readers use to update about book /author. I come to know  lot of books from this community. But after Facebook, this community become inactive. Recently come across with WeRead . This is an online community of book enthusiasts . Take a look. Happy Reading !!
Read more