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The One Rule To Get Rich | Rich Dad Poor Dad | 2A

Posted in Business English, Effortless English Show on June 24 by AJ

The One Rule To Get Rich from Rich Dad Poor Dad. Chapter 2a. Most people struggle financially because they do not know the difference between an asset and a liability. “Rich people acquire assets. The poor and middle class acquire liabilities that they think are assets,”. What defines something to be an asset or a liability are not words. In fact, if you really want to be confused, look up the words “asset” and “liability” in the dictionary. I know the definition may sound good to a trained accountant, but for the average person, it makes no sense. But we adults are often too proud to admit that something does not make sense.

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