Knowing this simple truth will determine whether you will be rich or poor.
One of the major differences between the rich and poor is what the rich buy verses what the poor buy.
Robert Kiyosaki an American Multi Millionaire in “Rich Dad and Poor Dad” tells us the rich buy Assets ( what makes you money) while the poor buy liabilities ( what takes money away from you).
If you want to be rich then avoid buying liabilities and focus on acquiring assets. Mind you, liability can be in the form of human, whereby your friends or relatives take things away from you. Your network is your net worth. Make friends with quality people.
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