Assets vs Liabilities

It sounds like a lot of you have read Rich Dad, Poor Dad, that deals with the concept of Assets and Liabilities. Basically, an Asset is something that makes you money and a Liability is something that costs you money! It's that simple.

Inspired mostly by the book, I got rid of a lot of my useless possessions. I realized that most of the things I had, that I hadn't used for years, were not Assets and needed to be disposed of. I haven't regretted getting rid of any of it in the...

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