1.0 Financial planning is not only for the rich. “I am not rich‚ so I do not have money and do not need to do financial planning”. This is a misconception in financial planning but also a common conception in many people’s attitude of financial planning. How many people know that financial planning is how the wealthy became wealthy? Before I start this topic‚ I want to illustrate that the principle of financial planning is the person with income. Financial planning is managing your money and uses
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2013 Rich Dad Poor Dad In the book rich dad and poor dad basically was summons up that for an individual to be wealthy‚ one must aim to own the system or means of the production. In other words the book shows you how to strive for success‚ there is different types of ways to succeed like the book tells you. The rich dad and poor dad both had strong point of views in earning and succeeding in life‚ in my opinion I would have followed on the same footsteps Kiyosaki did in following his rich dad.
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“The Gift of the Giver” and “A Rich Man’s Son” were both very inspiring. Both fables taught me the importance of giving to others and showing gratitude for the gift received. “ The Gift and the Giver” is a folktale about a poor farmer who found a perfect apple‚ many people admired its beauty‚ but they didn’t know what to do with it. The poor farmer thought that this type of perfectection is only worthy for the king‚ so the poor farmer gave it to the king and just wanted a smile from the king in
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1/15/14 P. 3 Why Is Dubai a Rich Country? What makes a country rich? Is it the monetary wealth of the elite‚ the quality of life its citizens have? No‚ it is productive that country is. Dubai‚ an emirate of Arab‚ is mostly associated by being a part of the Gulf‚ which in turn makes people think Dubai got so “rich” because of oil. Dubai owes its wealth to the factors of production it uses to be so productive. Although oil is a natural resource attributed to Dubai‚ it is not the most influential
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It is very rare to find top jazz musician who does not read. However‚ there are some of the best Jazz musicians do not read‚ for example Buddy Rich and Bix Beiderbecke. Although not being able to read music means nothing about the person’s musical ability and ear-trained musicians are still trained musicians‚ but they do face problems. Buddy Rich (1917-1987)‚ was one of the greatest legendary Jazz drummer and band leader. According to his Biography‚ he began to play drums when he was 18 months
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article “No Rich Child Left Behind” written by Sean Reardon‚ focuses on the education gap between students of low and high-income families. Throughout the article‚ Reardon informs his audience on many studies he has conducted and read about that prove the following to be true: the rich children perform better in school‚ on average‚ than children from middle-class or poor families‚ high-income students are more likely to be enrolled in a highly selective college or university and graduate‚ the rich outperform
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What makes a nation rich? MIT economist Daron Acemoglu considered why some nations thrive economically while others do not in an article in Esquire magazine. Asking what makes a nation rich he pondered on why some nations as in the United States are well developed and have better standards of living than many countries in Africa‚ South Asia‚ South America‚ and around the world. He argues that inequality is not predetermined‚ nations are not created poor or rich but that their governments make them
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Rich Dad‚ Poor Dad Robert Kiyosaki and Sharon Lechter This book was written about a man who had “two fathers” ’ one who had a Ph.D and the other who barely finished 8th grade. One of the fathers was actually his friend’s father‚ but someone who the author looked up to and appreciated very much. The other father was his own ’ who he also looked up to and appreciated‚ but who did not teach him much about money or finance. The first lesson of this book is: the rich don’t work for money.
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Literary Themes: Family in Literature Nicholas Payette Word count: 600 Short Analytical Writing Assignment 4 Compare the role of the mother (matriarch) in Rich in Love and in Soul Food‚ focusing on how the mother unites and divides the family—think about how Lucille noted that a family without a mother is vulnerable. While both subject have a lot common and share multiple themes‚ the matriarch’s at hand do differ in the ways they influenced those surrounding them. Big mama was the rock
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Has Finance Minister P Chidambaram set the cat among pigeons? Many ‘super rich’ may think in the affirmative with his recent statement overseas. After assuring foreign investors that the tax rates would remain stable‚ in an interview to a TV channel in Singapore he stated: “there is an argument that when the Government requires more resources‚ the very rich should willingly pay a little more.” In the same breath‚ Chidambaram‚ however‚ added that it was “simply an argument” that he had heard and was
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