faculty development program_active income and passive income

8/13/2019 Faculty Development Program_Active Income and Passive Income

1/19

22 June 2013 1


2/19

22 June 2013 2


3/19

Active Income & passive Income

Rakesh Singh LodhiAssistant Professor

Department of Electrical & Electronics

Vindhya Institute of echnology & Science! Indore

Do you work for money, or doesmoney work for you?

22 June 2013 3


4/19


Are you smarter than your money?

22 June 2013 4


5/19

Ro"ert #iyosaki $ash %lo 'uadrant

Kiyosaki calls the B

Quadrant the Big BusinessOwner Quadrant.

22 June 2013 5


6/19

Ro"ert #iyosaki $ash %lo 'uadrant

W o r k s

w i t h

B o

d y

.

o

! e s

t o D

o .

W

orkswith"ind.

o!estoDeal.

22 June 2013 6


7/19

#$ust ask yourself% &f & don't do thework, will & get (aid? &f the answer is

no, it's acti!e income.# )assi!e income is deri!ed from a

source that re*uires no work to

generate the (ayment.


22 June 2013 7


8/19

+m(loyee%

+-am(le% alary% /01112)er "onth

+-(enditure% 34((ro-.53"ilk,"o6ile6ill,+lectricity6ill,7as,&nternet,(etrol,c

hool fees, mo!ies,8egita6les5

% 911112 (er "onth%:;1112 (er "onth

% 901112 (er "onth3ome oan3:1 year5&nstallment5

% :01112 &ncome @a- (er "onth

34fter :1 years :11A increment in each 522 June 2013 8


9/19

Business Owner%

+-am(le% ystem3 to 0 year5

+-(enditure% 34((ro-.53"ilk,"o6ile6ill,+lectricity6ill,7as,&nternet,(etrol,c

hool fees, mo!ies,8egita6les5

% /1112 (er "onth%01112 Coom Cent

34fter years 0 ru(ees earn which dou6les e!ery

month5o

@he alculation hows%

22 June 2013 9


10/19

EanuaryF:% 02 &nr =e6rauryF:% :12

"archF:% 912&nr 4(rilF:% ;12

"ayF:% G12 &nr EuneF:% :H12

EulyF:% 912 4ugustF:% H;12

e(tem6erF:% :9G12 Octum6erF:% 90H12

Io!em6erF:% 0:912 Decem6erF:% :19;12

Iew JearF91:;22 June 2013 10


11/19

EanuaryF:;% :1 @housand =e6rauryF:;% 91 @h.

"archF:;% ;1 @h 4(rilF:;% G1 @h

"ayF:;% :H1 @h EuneF:;% ac 91 @h

EulyF:;% H ac ;1 @h 4ugustF:;% :9 ac G1 @h

e(tem6erF:;% 90 ac Octum6erF:;% 01 ac

Io!em6erF:;% : rore Decem6erF:;% 9 rore

Iew JearF91:022 June 2013 11


12/19

EanuaryF:0% ; rore =e6rauryF:0% G rore

"archF:0% :H rore 4(rilF:0% 9 rore

"ayF:0% H; rore EuneF:0% :9G rore

EulyF:0% 90H rore 4ugustF:0%0:9 rore

e(tem6erF:0% :19; rore

Octum6erF:0% 91;G rore

Io!em6erF:0% ;1H rore

Decem6erF:0% G111 rore34((ro-.5

4fter :1 Jear :1111A&ncrement in each

22 June 2013 12


13/19

4fter :1 Jears Business owner can

6uy2+-(enditure anything# 4m & hauling 6uckets or 6uilding a

(i(eline?# @here are tons of great ideas, 6ut few

great systems.


8ideo

22 June 2013 13


14/19

22 June 2013 14


We a!e 9; ours in a Day.

ow an we use it?


15/19

4cti!e &ncome% 3eft and ide OC +

L 5

:.@rade Jour @ime

9.inear 7rowth

.Iot @ransfera6le;.Work for "oney

0.0A )eo(le

H.0A Wealth

Active Income Vs passive Income

22 June 2013 15


16/19

22 June 2013 16

:. Buy lu-uries first, assets last.

9. elf Worker. imited &ncome

;. Ieed

0. @akes redit

Active Income() *Left +and Side ,RE & S-


17/19

22 June 2013 17


)assi!e &ncome% 3Cight and ide OC B L &5

:.@ime e!eraging9.+-(onential 7rowth

.@ransfera6le

;.0A Wealth0.0A )eo(le


18/19

22 June 2013 18


)assi!e &ncome% 3Cight and ide OC

B L &5:.@rade Other )eo(le @ime, "oney, kills

9.Work for Dream

.Buy assets first, lu-uries last


19/19

hank .ou

faculty development program_active income and passive income

Documents