You must know the difference between an asset
and a liability, and buy assets.
An asset puts money
in my pocket.
A liability takes money
out of my pocket.
“What defines an asset are not
words, but numbers. And if you can’t read the numbers, you can’t tell
an asset from a hole in the ground.” “In accounting,” rich dad would
say, “it’s not the numbers, but what the numbers are telling you. It’s just
like words. It’s not the words, but the story the words are telling you.”
“
If you want to be rich, you’ve got to read and understand
numbers.
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