The document discusses strategies for wealth creation and management. It defines assets as things that provide positive cash flow while liabilities are expenses. It also discusses the concepts of growth, risk, and return. Wealth is defined as how long one can sustain their lifestyle without working if they stop. The key to building wealth is starting early and using the power of compounding. The document recommends investing in equities, bank deposits, and mutual funds for long-term wealth creation and lists benefits and risks of each option.

1. Strategies for Wealth Creation & Management CRPF 28 June 2007 | Coimbatore

2. The basics first Make a list of the following Liabilities Assets

7. Take 2 minutes. Close your eyes and imagine a wealthy person. Write what you see.

8. A person's wealth is defined by how long a period of time he/she can sustain their lifestyle if they stop working.

9. The longer you can go on living your life without working another day, the richer you actually are.

15. If spending money brings you enjoyment, you will never be rich. However if making money brings you enjoyment, then your wealth is guaranteed .