Sunday, August 8, 2021

Focus on buying assets, not liabilities. Income-producing assets and assets which appreciate in value put money back in your pocket. Assets build your wealth over time.

 

On the other hand, liabilities suck money out of your pocket. In order to increase your wealth, you have to work on identifying and then avoiding liabilities.

 

Having more assets will help generate a good cash flow for you. Buy assets first so that you can use the profit from those assets to pay for other things

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