An asset is something that puts money in your pocket.
A liability is something that takes money out of your pocket.
This is really all you need to know. If you want to be rich, simply spend
your life buying assets. If you want to be poor or middle class, spend your life
buying liabilities. It's not knowing the difference that causes most of the
financial struggle in the real world. -Robert Kiosaki
TrulyRichClub.com - Do You Want to Gain Financial Wealth and Spiritual Abundance at the Same Time?
