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white chanel watch,silver chanel,balenciaga handbag,classic chanel bag,rolex oyster perpetual day-date@@@@@In the following pages, I offer to you the same simple line drawings Mike's dad created for usThough simple, those drawings helped guide two little boys in building great sums of wealth on a solid and deep foundationYou must know the difference between an asset and a liability, and buy assetsIf you want to be rich, this is all you need to knowThis may sound absurdly simple, but white chanel watch most people have no idea how profound this rule isMost people struggle financially because they do not know the difference between an asset and a liability
"Rich people acquire assetsThe poor and middle class acquire liabilities, but they think they are assets"
When rich dad explained this to Mike and me, we thought he was kiddingHere we were, nearly teenagers and waiting for the silver chanel secret to getting rich, and this was his answerIt was so simple that we had to stop for a long time to think about it
"What is an asset?" asked Mike
"Don't worry right now," said rich dad"Just let the idea sink inIf you can comprehend the simplicity, your life will have a plan and be financially easyIt is simple; that is why the idea is missed
"You mean all we need to know is what an balenciaga handbag asset is, acquire them and we'll be rich?" I asked
Rich dad nodded his head
"If it's that simple, how come everyone is not rich?" I asked"Because people do not know the difference
between an asset and a liability
I remember asking, "How could adults be so sillyIf it is that simple, if it is that important, why would everyone not want to find out?"
It took our rich dad only a few classic chanel bag minutes to explain what assets and liabilities were
As an adult, I have difficulty explaining it to other adultsWhy? Because adults are smarterIn most cases, the simplicity of the idea escapes most adults because they have been educated differentlyThey have been educated by other educated professionals, such as bankers, accountants, real estate agents, financial planners, and so rolex oyster perpetual day-date fort