“Rule #1: You must know the difference between an asset and a liability, and buy assets. If you want to be rich, this is all you need to know. It is rule number one. It is the only rule. This may sound absurdly simple, but most people have no idea how profound this rule is. Most people struggle financially because they do not know the difference between an asset and a liability. “Rich people acquire assets. The poor and middle class acquire liabilities that they think are assets, “ said rich dad.”
― Rich Dad Poor Dad
― Rich Dad Poor Dad
William’s 2025 Year in Books
Take a look at William’s Year in Books, including some fun facts about their reading.
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