traffic limit on cisco 837

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Dear all
I have a cisco 837 router and i want to apply rate-limit command , traffic shapping command or QOS command or whatever

I want to restrict traffic on my LAN so that no one user uses too much bandwidth. I understand that the rate-limit command is a good way to do this. Let's say that my users are assigned addresses in a 192.168.1.x network and I want to restrict all the IP's in that range so that each IP can get MAX 1024k bps bandwidth.

I want to verify that this will limit the rate for each specific IP (user) in the network and not limit the entire interface

Can someone provide an example of what the command for this would look like?

this is the version i have

ROM: System Bootstrap, Version 12.2(8r)YN, RELEASE SOFTWARE (fc1)
Cisco C837 (MPC857DSL) processor (revision 0x500) with 44237K/4915K bytes of mem
ory.